Web3 Deep Dive: NFTs, DeFi, and Cryptocurrency Explained

Web3 Weekly: CLARITY Act, SEC Shift, Near & Sei Surge, $WAI Utility Token | Crypto Willy's Roundup


Listen Later

Web3 Deep Dive: NFTs, DeFi, and Cryptocurrency Explained podcast.

Hey there, crypto comrades! Crypto Willy here with your weekly Web3 deep dive. It's been a wild week in the crypto space leading up to June 10th, 2025, so let's break down what's happening!

The Fortune 100 companies are making serious moves in Web3 this year. According to a fresh analysis from The Block Pro, these corporate giants have been steadily increasing their blockchain initiatives from Q1 2020 through early April 2025.

Dogecoin has been holding steady at the $0.19 support level, showing surprising resilience for the meme coin that refuses to die. Meanwhile, Ethereum has attracted a massive $321 million in inflows, signaling strong institutional confidence despite ongoing technical challenges. This capital influx could be the fuel Ethereum needs for its next price rally.

A new player called Web3 ai has been making waves with its $WAI token, which claims to offer AI-powered crypto tools rather than just being another speculative asset. Their focus on utility over hype could be a refreshing change in a market often driven by FOMO.

Near Protocol is cementing its position as a scalable Web3 alternative to Ethereum. Its Nightshade sharding mechanism is processing thousands of transactions per second, addressing the congestion issues that plague other networks. With support for both Rust and JavaScript-based smart contracts, Near is attracting developers from both Web3 and traditional tech backgrounds. Their Threshold Proof of Stake consensus mechanism is proving that you can have security and energy efficiency in the same package.

Sei Network continues to dominate the specialized Layer 1 space with its focus on decentralized trading. With sub-second finality and parallel order execution, Sei is bringing centralized exchange speeds to DeFi platforms, NFT marketplaces, and gaming asset exchanges.

On the regulatory front, big news dropped on May 29th when the CLARITY Act was released with bipartisan support in Congress. This comprehensive digital asset legislation is expected to be fast-tracked, with a markup in the Financial Services Committee potentially happening today (June 10th). The bill could finally provide the clear regulatory framework that the industry has been begging for.

In a surprising turn, the SEC has been repositioning its approach to crypto regulation, pulling back from aggressive litigation and acknowledging areas outside its jurisdiction, including staking. This shift in tone comes as we await the first report from the SEC's new Crypto Task Force.

The courts are also shaping DeFi's legal landscape, with a recent ruling overturning fraud charges in the closely watched Mango Markets case.

That's all for this week's Web3 roundup! This is Crypto Willy, your blockchain bestie, signing off until next time. Stay decentralized, my friends!

Get the best deals https://amzn.to/3ODvOta
...more
View all episodesView all episodes
Download on the App Store

Web3 Deep Dive: NFTs, DeFi, and Cryptocurrency ExplainedBy Quiet. Please