#加密市场观察

Sun Yuchen announces $8 million investment, helping River's market cap soar to a new high of $2 billion. Is this trend worth following?
River is a decentralized blockchain abstract stablecoin project. Recently, Sun Yuchen announced a strategic investment of $8 million in River, aiming to promote the deployment of stablecoin infrastructure within the Tron ecosystem. On the platform, users can mint SatUSD at a 1:1 ratio using USDT, USDD, and other multi-chain assets. Following this news, River's market cap surged to $2 billion, setting a new all-time high. Additionally, the project recently partnered with Sui, rapidly expanding its ecosystem, with spot and futures trading volumes ranking among the top globally.

Community activity has significantly increased, with River's price rising over 8 times in two consecutive weeks. The short interest rate in the futures market reached an astonishing 4300%, indicating the market is in a strong short squeeze phase. Major mainstream exchanges have increased coverage of its spot and futures markets, and social media discussions remain highly active. Meanwhile, some users are closely monitoring the market absorption of its unlocked tokens.