BTC’s next move hinges on Fed’s March 20 decision

Market overview

Overall market trend:

US stocks opened lower and continued to decline on March 18, with the Nasdaq closing down 1.71%. Bitcoin (BTC) dropped to $81,113 but rebounded after the US stock market closed, recovering to around $83,000. BTC's next move will likely depend on the US Federal Reserve’s interest rate decision on March 20, with Fed Chair Jerome Powell’s speech serving as a key catalyst for its short-term trajectory.

BSC ecosystem: 

Leading projects within the Binance Smart Chain (BSC) ecosystem—including MUBARAK, PALU, ATM, and Broccoli—are showing signs of increased token circulation. 

Meanwhile, crypto influencer KOL Wolfy_XBT has been accused of causing market panic by aggressively selling BNB Card-related tokens. This sell-off impacted a specific project within the BSC ecosystem, undermined confidence in the chain, and sparked widespread community discussion. 

RWA progress:

The real-world asset (RWA) market is expanding rapidly, with projections estimating it could reach $16.1 trillion by 2030, highlighting the long-term potential of asset tokenization. As this sector grows, key projects like ONDO, LINK, MKR, and PLUME—which focus on tokenization, liquidity, and DeFi infrastructure—are well-positioned to benefit.

Institutional adoption is accelerating. BlackRock’s BUIDL fund, launched in March 2024 with $100 million USDC, has now surpassed $1 billion, giving it a 30% market share in tokenized US Treasuries. This signals that blockchain-based finance is gaining mainstream credibility, with traditional institutions leading the charge.

Beyond Treasuries, RWAs are expanding into broader financial applications. On March 13, 2025, Ondo Finance partnered with Mastercard to integrate OUSG, a short-term bond fund, into Mastercard’s Multi-Token Network (MTN). This move enables businesses to settle crypto payments through traditional financial rails, enhancing both liquidity and real-world usability.

The next frontier is stock tokenization. On March 8, reports suggested Coinbase is working with Backed to launch tokenized stocks like "wbCOIN" on Base, its layer-2 network. If successful, this could increase liquidity, accessibility, and programmability in traditional equity markets, further bridging crypto and traditional finance.

RWAs are no longer a concept—they’re being adopted at scale. BlackRock, Ondo, and Coinbase are leading this transformation, and blockchain is becoming a core component of the future financial system. As tokenization reshapes finance, ONDO, LINK, MKR, and PLUME—projects focused on RWA integration—are potential key assets to watch.

Key events

• Filecoin ecosystem liquidity staking protocol Glif has announced the launch of its governance token GLF and will airdrop 94 million tokens to users.
• Tokenized Treasury products including BUIDL of BlackRock-Securitize, USTB of Superstate, and JTRSY of Centrifuge are to receive allocations from a $1 billion investment plan initiated by Sky, formerly MakerDAO, an initiative designed to accelerate the adoption of real-world asset (RWA) tokenization on Sky-adjacent decentralized finance (DeFi) lending platform Spark.
• Siemens, Europe's largest industrial technology company, is working with distributor ledgers for the Internet of Things (IoT) builder Minima, to embed blockchains into the German giant's devices across the automotive, robotics, and energy sectors.
• Crypto intelligence platform Kaito AI has announced that AI agent Wayfinder is the next pre-TGE project selected from its Yapper Launchpad.
• The Nasdaq Stock Market has submitted Form 19b-4 to the US SEC to list and trade shares of the 21Shares Polkadot Trust, marking a significant step in expanding cryptocurrency offerings on traditional exchanges.
• Consumer-grade public chain Morph has launched Morph Pay NFT, covering Morph Black Gold Card privileges, serving as proof of access to Morph’s ecosystem benefits.
• Bitcoin holding firm Strategy has announced plans to issue 5 million perpetual preferred shares (STRF), directing funds towards acquiring more bitcoin and enhancing capital.
• Japanese investment firm Metaplanet has increased its Bitcoin holdings by 150 BTC as part of its ongoing accumulation strategy.
• Token sale platform CoinList will start the Arcium community round sale on March 25, with full token unlock in Q3 2024, allows participants to take part in Arcium’s mission of enabling data to move across the internet in a fully encrypted state.
• EOS Network, the blockchain with the largest-ever initial coin offering, has rebranded to Vaulta as it pivots into offering Web3 banking services.
• Solana Ecosystem decentralized exchange Raydium is planning to launch a memecoin issuance platform "LaunchLab" to compete with Pump.fun.

Hot projects

Token		Description	Market Cap（$)
	BGSC A popular project on BSC	BugsCoin was created to address the limitations of traditional reward systems, such as points and loyalty programs, by building a transparent, fair, and user-driven ecosystem on BSC. The project aims to enhance user engagement and long-term value by transforming rewards into transferable and exchangeable digital assets. BugsCoin has a total supply of 100 billion tokens, with 6.19 billion currently in circulation.	25 million
	SQD Recent token activity	SQD Network is a decentralized data lake and query engine designed to provide developers with efficient, scalable, and permissionless blockchain data access. Its goal is to replace traditional centralized RPC (Remote Procedure Call) services like Alchemy and Infura, which face challenges such as high data extraction costs, slow speeds, and limited scalability. On March 7, 2025, SQD launched on the Base chain and started trading on Aerodrome. The project is set to introduce Tokenomics 2.0, which is expected to enhance the token's role in AI agents and data access, further linking network growth to token value.	67.28 million
	EOS Major strategic update	EOS Network has rebranded as "Vaulta", shifting its strategic focus to Web3 banking, drawing increased market attention.	970 million
	AUCTION The continuous upward trend recently	Recently, three addresses withdrew 1.5 million AUCTION tokens (20% of the total supply) from Binance, valued at approximately $39.6 million, with each address receiving 500,000 AUCTION tokens. On March 18, Binance received another 2 million AUCTION tokens (26% of total supply), valued at around $7.18 million. Following this, the token price saw a slight drop from $35 to $32. Today, the open interest in AUCTION contracts surged by 36% to $164 million, indicating high trading activity.	250 million

Exchange updates

• Bitget has partnered with Bubblemaps (BMT) to launch the first phase of the Early Hunter airdrop program, requiring a minimum of 10 BGB in a Bitget spot account to reward early traders of high-quality projects, listed Tutorial (TUT) in the Innovation and Meme Zone, and saw CEO Gracy Chen retweet, "It's gonna be super smart, smooth, and secure," hinting at a major announcement within 24 hours.
• Binance has launched Bubblemaps (BMT) on Binance HODLer airdrops, listed Tutorial (TUT) on Binance Alpha, added BMT to Earn, Buy Crypto, Convert & Margin, and expanded Binance C2C payment options to include WeChat, Alipay, bank debit cards, and QQ Wallet, while co-founder He Yi has invited reliable low-market-cap projects to participate in Binance Wallet IDO Events.

Industry landscape

• Crypto API development company Crossmint has completed a $23.6 million funding round, led by Ribbit Capital.
• Web3 workflow protocol Halliday has raised $20 million in a Series A funding round, led by a16z crypto.
• Stablecoin protocol Level has completed a $2.6 million funding round, led by Dragonfly Capital.
• Crypto prediction platform Yeet has completed a $7.75 million funding round, led by Dragonfly.
• Decentralized prediction market developer Opinion Labs has completed a $5 million seed funding round, led by Yzi Labs.
• According to Cryptoslate, Bo Hines, executive director of the US Presidential Digital Asset Task Force, stated that the US stablecoin regulatory bill may be submitted to President Donald Trump within two months. 

Emerging projects

Token	DDDD	BNB Card	DOODi
Description	A memecoin on the BNB Chain, based on the concept of Binance co-founder He Yi posted that she is still learning and wants to mentor younger peers (DDDD).	A memecoin on the BNB Chain, based on the concept that users who believe they have contributed to Binance can fill in their information on a blank card. This concept caught He Yi's attention.	Part of the Apeiron series, this is a meme-driven IP supported by micro-shorts, mini-games, and AI agents. $DOOD powers the "Doods," a fun and close-knit community that thrives on social media trends and integrates artificial intelligence into gaming through deep reinforcement learning.
Price	$0.002413	$0.005253	$0.004484
Market Cap（$）	2.4  million	5.1  million	4.4  million
Token Holders	5,035	6,171	2,681

Token	szn	SUNCAT	BF
Description	A memecoin on the Tron blockchain, based on the concept of Tron founder Justin Sun posting on X: "Tron meme szn."	A memecoin on the Tron blockchain, based on the concept of the first cat on the Tron chain.	A memecoin on the BNB Chain, based on the concept of He Yi posting that there is still a lot for him to learn in the industry, along with the attached image.
Price	0.009688	$0.002353	$0.001543
Market Cap（$）	9.68 million	2.35 million	1.5 million
Token Holders	4,316	21,728	1,883

Other opportunities

On-chain DeFi mining yield products:

Project Name	sUSDe（Blockchain：Aptos） ←→ Token： sUSDe
Participation Method	From the Echelon Market official website, connect an Aptos-compatible wallet, navigate to the Markets page, and deposit sUSDe into the corresponding liquidity pool on the Aptos mainnet to participate in supplying funds.
Project Information	Echelon Market: A cryptocurrency market built using the Move programming language. It allows users to indirectly lend and borrow assets from each other through non-custodial pools, enabling them to earn interest or utilize leverage. Ethena: A synthetic dollar protocol based on Ethereum, featuring sUSDe (network bonds). Ethena’s synthetic dollar, USDe, maintains its stability through delta hedging of Bitcoin, Ethereum, and Solana spot assets using perpetual futures contracts.
Earnings Details	Staked currency: sUSDe Withdrawal period: Instant Annual yield: 15.79% (Fluctuates continuously, composed of 0.38% native yield + 3.72% sUSDe Ethena staking rewards + 11.69% APT)
Product Data	Token: sUSDe Total token market supply: 47.84M

Risk: In extreme scenarios, there is a potential risk of USDe depegging. When bridging across chains, a minimum of 0.5% slippage should be allowed. Users should invest cautiously and conduct their research.

Disclaimer

The development and market cap of stablecoins mentioned in the above content are speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments. 

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