The cryptocurrency landscape saw contrasting stories this week as traders tracked three key developments. While WLFI implemented a token burn to stabilize its ecosystem, Ethena faced a bearish market trend despite strong DeFi growth, and BlockDAG leveraged cultural branding for global recognition. 7.89 million WLFI tokens were burned to reduce supply and offset market pressure, resulting in a drop of 33%. This is while Ethena dropped 35% after forming a double-top pattern, signaling potential weakness despite strong fundamentals. On the other hand, BlockDAG saw a massive surge following its multi-year Formula One® sponsorship deal with BWT Alpine F1®, leading to significant presale success and increased brand visibility.