According to @Celo, Ethereum’s on-chain stablecoin supply reached a new all-time high of $160B, based on Token Terminal data (source: Token Terminal via @Celo). According to @Celo, universal stablecoin platform M0 announced a $40M Series B led by Polychain, Ribbit Capital, and Endeavor Global’s Catalyst Fund, confirming fresh capital into stablecoin infrastructure (source: M0 via @Celo). These updates mark notable liquidity and infrastructure developments on Ethereum relevant to ETH market monitoring (source: @Celo).

According to Ai 姨 (@ai_9684xtpa), Sahara, supported by Pantera, YZi Labs, and Polychain, has officially opened its public testnet following a six-month private test phase. The project has shown strong user engagement with 3.2 million on-chain accounts, 1.4 million daily active accounts, and over 200,000 data service platform users (source: Twitter, May 20, 2025). These notable metrics indicate high community interest and adoption potential, making Sahara a project to watch for traders seeking momentum-driven opportunities in the DeFi and Web3 sectors. The strong institutional backing and user activity could lead to increased token demand upon future mainnet or token launches, impacting broader crypto market sentiment.

According to @ai_9684xtpa, Coinbase Ventures has added a new AI project called Vana to its portfolio. The official project Twitter announced a total funding of $25 million, which includes $5 million from Coinbase Ventures during the strategic round, $18 million led by Paradigm in the Series A round, and $2 million from Polychain in the seed round. Notably, this appears to be Paradigm's first investment in an AI project.

According to RootDataLabs, an analysis reveals that since 2022, 32 venture capital firms (VCs) have disclosed their limited partner (LP) information, with total fundraising surpassing $5.18 billion. The top three fundraisers include Haun Ventures with $1.5 billion, Polychain with $750 million, and Dragonfly XYZ with $650 million. Notable limited partners (LPs) have participated in these fundraising efforts.

According to RootDataLabs, Nubit has been recognized as the number one hot project in the last 24 hours on RootData. Additionally, Nubit successfully raised $8 million in a Seed round in June 2024, led by Polychain. This positions Nubit as a significant player to watch in the cryptocurrency market.