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- August 11 - 15: This week in web3, recapped in one letter
August 11 - 15: This week in web3, recapped in one letter
Right Click, Recap is a weekly newsletter that helps you stay in the loop of the ever-changing web3 market and its community.
Gm gm,
Ethereum soared 20–25% this week, closing in on its all-time high as institutions piled in and ETF inflows set new records. Recent inflation news put a dampener on things but at least the Ethereum maxis got to be a lil’ smug this week. 🫶
Now feels like a good time to remind my friends here that I bought at $4k
— Natasha from Boys Club (@natashaghoskins)
6:35 PM • Aug 8, 2025
The Headlines:
BTC briefly hit a new ATH.
Polymarket has 75% odds that ETH hits ATH by August 31st.
CryptoPunk #6588 listed for a quarter million dollars.
Nakamigos collection pumped after Beeple prank.
Danny McBride set to host Beeple’s next event (allegedly).
Opepen NFT sold for ATH of $86.3K.
NFT market cap hit $9.3B, up 40% since July.
Rekt drinks teased an upcoming collab with Base.
Trump has made $2.4B from crypto since 2022.
Moonbirds soared on speculation of a token launch.
“Altcoin” Google searches are at the highest since 2021.
Azuki announced a collab with Moser & Cia.
EtherRock’s are at it again – #26 sold for 135 ETH.
Read how plushies saves Pudgy Penguins from bankruptcy.
From the timeline:
Stripe and Circle both announced they will be launching their own L1s, leading to mixed feelings in the Ethereum community.
I don’t see why everyone is outraged over Stripe launching their own L1.
They do over a trillion dollars of volume, they’re not indebted to any existing crypto player lmao.
Only time will tell if this was the right decision. But it’s silly to think they have to build on an
— cygaar (@0xCygaar)
1:12 AM • Aug 12, 2025
"Can I pay you in crypto?"
"Sure, let me send you some Arc USDC"
"My wallet only works on Stripe L1"
"No problem, bridge the Arc USDC to Ethereum then swap it for Stripe USD and bridge again"
"Can I just pay with my bank?"
"Of course! Just buy some XRP to access the interbank..."— foobar/ (@0xfoobar)
2:20 PM • Aug 12, 2025
Minting Now:
Pumex Ninja is the latest drop on Injective testnet allows holders to claim XP in their latest quest campaign. All XP carries over when Pumex launches on mainnet.
Grab some testnet funds on the Injective faucet here.
Bye for now, see you next week.
Is it me or does it smell like ATH in here?!
— Rarible (@rarible)
11:11 PM • Aug 13, 2025