According to BlockBeats, on July 4th, the Web3 wallet brand SafePal officially integrated with the Robinhood L2 mainnet. This is an L2 public chain focused on RWA tokenization and financial services, gradually becoming an important part of the on-chain infrastructure for real-world assets. As a further development of this strategy, SafePal has launched trading of Robinhood Chain native stock tokens and will collaborate with perpetual contract DEXs to improve the on-chain liquidity and trading depth of these assets.

Currently, SafePal has integrated with tokenized asset service providers such as xStocks and Ondo, opening up on-chain investment channels for users to invest in stocks such as NVIDIA, Tesla, and SpaceX, as well as S&P 500 ETFs and commodities such as gold.

According to BlockBeats, on July 4th, SemiAnalysis, an independent research firm specializing in semiconductors and AI, published an article pointing out that the proportion of memory spending in hyperscale cloud vendors' capital expenditures is becoming a hot topic in the market, especially after Micron's earnings report last week, with some market participants expressing shock at the high proportion of memory spending next year. SemiAnalysis first predicted in February that memory spending would account for approximately 30% of cloud vendors' capital expenditures. At that time, most customers questioned this figure, arguing that memory typically only accounts for a small percentage of the server bill of materials. In May, as memory prices rose faster than expected, SemiAnalysis further responded: if DRAM, NAND, and HBM are combined, memory spending in Nvidia systems will exceed 30% by the end of 2026 and further rise to over 40% in 2027.

SemiAnalysis anticipates that the market's understanding of this structural shift will deepen gradually in the coming months. This means that against the backdrop of continued expansion in AI capital expenditure, memory is evolving from a "minor item" in server costs to the "largest single cost item," and its impact on memory manufacturers' bargaining power and profit elasticity has not yet been fully priced in.

According to BlockBeats, on July 4th, HyperInsight monitoring revealed that "sat0shi777," an on-chain whale that fueled Ethereum's recent rebound, closed out its positions at a loss. Previously, it held a total of $90 million worth of short positions in Ethereum. After four partial liquidations, the remaining short positions were worth $38 million, and it closed out the last remaining position today, incurring a loss of $9.386 million in this transaction.

His account had previously earned a total profit of $6.75 million, but has now lost more than $2.3 million. "sat0shi777" had made more than 100 trades with a win rate of up to 90%, but this time, his $90 million short position in ETH wiped out all his profits.