# # New UNI governance action: Burn Mechanism may drive up coin price

UNI recently rebounded from $6.54 to $7.8, backed by a new governance proposal - using protocol revenue for Burn Mechanism. Simply put, it means using a portion of the earnings to buy back and burn. This logic has proven effective in the coin market. If the proposal passes, the supply of UNI will continue to shrink, which will provide long-term support for the coin price.

# # Japan's SBI Group is causing a stir: Open an account and receive XRP.

Japan's large financial group SBI has launched the "Hyper Deposit" campaign, offering XRP as a reward for new account openings. This is not just a simple marketing gimmick—SBI has had a years-long partnership with Ripple, and through this move, it aims to integrate XRP into the traditional banking system, effectively lowering the entry costs for retail investors. From an institutional perspective, this is quietly laying the ecological foundation for XRP.

# # Bitcoin sentiment reaches extreme pessimism again, a rebound may be imminent.

The fear index of 10x Research has dropped to a historic low (<5), and the 21-day moving average has also slid into the 10% range. Historical data shows that every time the index falls to this level, it marks the emergence of a tactical bottom. This doesn't mean it will take off immediately, but the probability of a rebound is indeed increasing. BTC is currently around $84K, down 10% last week and 23% for the month, which is already in an oversold state.