Web3 Daily Brief – May 16, 2025

📊 Market Recap

Bitcoin holds above $65,000 and Ethereum breaks $3,100. Web3 market rises 2.3% as altcoins recover.

🤖 AI x Web3

OpenAI's new GPT API pushes demand for decentralized AI protocols. AI tokens like FET and AGIX lead gains.

⚖️ Regulation Watch

Hong Kong SFC announces intention to support compliant stablecoins, drawing more builders into the region.

🎯 Project Spotlight

Lens Protocol ecosystem grows with a new grants program, and LayerZero launches zk module on testnet.

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