Crypto Market Weekly Report

Market Overview

main trends in the market

Market Sentiment and Trends: The market sentiment index has risen to 91%, entering the extreme greed zone. BTC briefly broke through 100,000 USD on Thursday before pulling back, but the overall market resilience remains strong. ETH's strong performance has driven the crypto market up, indicating sustained optimism towards mainstream cryptocurrencies.

Capital Flow Analysis: The market value of stablecoins is steadily increasing, with USDT rising by 1.74% to $141 billion and USDC increasing by 2.03% to $40.2 billion, indicating a continuous influx of new funds. Large on-chain transfers are frequent, with institutional funds clearly entering the market. The OTC premium remains within a reasonable range, reflecting a healthy supply and demand for market funds.

DeFi Sector Performance: The total locked value ( TVL ) increased from 46.8 billion USD to 53.2 billion USD, a growth of 13.67%. Liquidity staking projects performed the best, benefiting from the rise in underlying asset prices and the improvement in staking yields. The activity level of lending protocols has significantly increased, reflecting a rise in leverage demand. DEX trading volume continues to rise, with increased market activity.

Meme Coin Market: The performance of Meme coins is relatively sluggish, with a weekly return rate of only 11.94%. The issuance of new projects has decreased, and investor interest has clearly waned. Funds are shifting towards projects with practical applications and fundamentals. The heat of discussions on social media has declined, indicating a decrease in risk appetite.

Hot Attention: Layer 1 projects received the highest attention on social media, with a weekly return rate of 40.04% in the PayFi track. AI Agent projects have gained a new round of attention, especially those on the Solana, TON, and Base chains. DeFi high-yield staking products continue to attract attention. The NFT market's trading activity has rebounded, but the overall valuation is still searching for a bottom.

Market Sentiment Index Analysis

The market sentiment index has risen to 91%, a significant increase from last week's 83%, indicating an extreme greed phase. Altcoins have generally followed a similar trend to the overall market this week, showing a fluctuating upward trend. The strong performance of ETH has driven a broad rise in altcoins. The market anticipates a rotation of funds in the near future and holds an optimistic outlook on the future trends of altcoins.

BTC briefly broke through 100,000 USD on Thursday before retreating. Market sentiment is extremely greedy, and further pullbacks are expected; investors need to be more aware of the risks.

Overview of the overall market trend

• The crypto market is in a fluctuating upward trend, and the sentiment index is still in the greed phase.
• DeFi-related projects performed outstandingly, and the market continues to focus on projects that enhance basic returns.
• The AI Agent project is gradually gaining attention, and investment opportunities may arise within the next half month.
• The meme sector performed sluggishly this week, failing to gain more attention from the crypto market.
• Various public chain projects have experienced a general rise alongside ETH.

Hot Tracks

Tron ecosystem

This week, the price of TRX has surged significantly, and the Tron ecosystem's popularity has increased. As the main trading chain for USDT, activities on the Tron chain have grown substantially.

Tron chain data:

• TVL: Increased from 7.97B to 9.32B, a growth of 16.93%, ranking first among major public chains.
• Active accounts: reached 3.6725 million, an increase of 18.06% compared to last week, maintaining rapid growth
• USDT weekly trading volume: reached 131.4 billion USD, an increase of 16.23% compared to last week.
• DeFi project TVL growth: Justlend and SUN increased by 55.34% and 39.49% respectively.

Based on the above data, the Tron chain continues to develop rapidly. The increase in TRX price and the status of USDT in the trading chain attract a large number of users to participate, driving the development of the entire ecosystem.

AI Agent

Since entering the crypto market at the end of last year, the AI Agent track has continued to attract attention. After the launch of the first AI Agent token GOAT in October this year, AI Agent Meme quickly became the market focus. Subsequently, tokens like ACT emerged to lead the market. Investors' attention has shifted to AI Agent token launch platforms, such as Virtuals Protocol and vvaifu.fun. This has formed three segmented tracks: AI Agent Meme coins, issuance platforms, and underlying infrastructure.

Currently, the AI Agent project is mainly focused on Solana, Ton, and Base chains. In terms of launch platforms, Solana mainly uses vvaifu.fun, Base mainly uses Virtuals Protocol and AI Agent Layer, and Ton mainly uses Clanker. In the past half month, the prices of VVAIFU, VIRTUAL, and CLANKER have rapidly increased, forming a certain market capitalization.

This Wednesday, OpenAI began a 12-day live demonstration of new products, sparking market speculation in the AI sector. If there are no significant fluctuations, the AI sector may see a good increase in the next 10 days. Investors should pay attention to related projects, as investment opportunities may arise.

Performance of Traditional AI Projects in the Crypto Market:

| Token | Project Name | 7-Day Price Increase | Circulating Market Cap | |------|----------|------------|----------| | TAO | Bittensor | 22.46% | $5,319,989,872 | | FET | Fetch.ai | 25.89% | $5,288,426,405 | | RENDER | Render | 19.65% | $5,227,613,836 | | WLD | Worldcoin | 43.41% | $2,986,557,188 | | AKT | Akash Network | 6.87% | $1,121,411,518 | | ARKM | Arkham | 15.36% | $830,921,472 | | GLM | Golem | 12.47% | $523,951,936 | | AGIX | SingularityNET | 20.58% | $296,226,702 | | TRAC | OriginTrail | 8.01% | $453,330,796 |

DeFi track

TVL Growth Ranking

The top 5 projects in the market by TVL growth over the past week ( TVL > 30 million USD ):

| Project Name | Seven-Day Increase | TVL(million) | |----------|------------|---------------| | BounceBit | 134.26% | 450.13 | | Astherus | 102.65% | 132.13 | | StakeDAO | 77.17% | 176.42 | | Flexa | 74.51% | 338.32 | | SaucerSwap | 68.16% | 136.37 |

BounceBit(BB): ( Recommended Index: ⭐️⭐️⭐️⭐️)

• Project Introduction: Bitcoin ecological restaking base layer, in-depth cooperation with Binance, building high-yield CeDeFi components; self-built BounceBit Chain, providing use cases for Restaking.
• Latest developments: This week, the staking rates for various tokens have been increased, with the 30-day annualized returns for USDT/BTC/BNB/ETH reaching 35.45%/39.85%/25.91%/30.57%, attracting a large number of users to participate in staking.

Astherus( Not Issued Coins ): ( Recommendation Index: ⭐️⭐️⭐️)

• Project Introduction: Liquidity center for staked assets, supporting LST and LRT. User assets can earn staking APR, used for trading and other profit strategies.
• Latest developments: Collaborating with Movement Labs to introduce the Movement Network chain; received investment from Binance Labs; hosting events where staking USDF, asUSDF, and asBTC can earn 5x AU points.

Stake DAO(SDT): (Recommendation Index:⭐️⭐️⭐️)

• Project Introduction: Decentralized asset management platform that provides simplified access to yield strategies, staking, trading, and indicators.
• Latest Developments: The yields of various products have significantly increased, with the annualized APY of CRV, CAKE, etc. in sdToken reaching up to 102.16%, and market strategies can reach up to 152%.

Flexa( has not issued coins): ( recommendation index:⭐️⭐️)

• Project Introduction: Committed to promoting the application of encryption currency in merchant settlement systems.
• Latest developments: Progress has been made in offline development, allowing users to pay using the APP at thousands of stores in the United States; through the Zashi-Flexa integration, users can use ZEC for everyday purchases.

SaucerSwap(SAUCE): (Recommended Index:⭐️⭐️⭐️)

• Project Introduction: Hedera chain DEX, launching SAUCE Pro advanced feature services.
• Latest developments: HBAR rises driving activity on the Hedera chain; $33,000 SAUCE buyback; launched Epoch 28 event to reward liquidity providers.

Overall, this week the projects with rapid TVL growth are mainly concentrated in the liquidity staking track (LRT).

Overall performance of the track

• Stablecoin market capitalization steadily grows: USDT increases by 1.74% to $141 billion, USDC rises by 2.03% to $40.2 billion, indicating continuous capital inflow.
• Liquidity is gradually increasing: Traditional market risk-free arbitrage rates are declining, while on-chain DeFi project arbitrage rates are rising due to asset value increases, making a return to DeFi a better choice.

Funding Situation: The TVL of DeFi projects rose from 46.8 billion USD to 53.2 billion USD, an increase of 13.67%, higher than in previous weeks, maintaining a continuous upward trend for nearly two months.

in-depth analysis

Driving Force of Increase: After the BTC correction, it has risen again, and ETH has performed slightly better than BTC. Investors are more optimistic about the future trends of both and are more determined to hold. The strength of ETH has driven the APY of DeFi projects up, and investors are actively participating to increase their returns.

Growth Leader: The performance of liquidity staking track projects is outstanding. The rise in the prices of public chain underlying assets enhances confidence in holding coins and encourages users to participate in other investment activities to increase returns. Liquidity staking projects have become key, improving yield without changing the number of underlying assets held. It is expected that the prices of various public chains will rise along with ETH, driving the growth of corresponding liquidity staking projects.

It is recommended that investors pay more attention to the liquidity staking projects of various public chains in the near future.

Other tracks performance

public chain

Top 5 public chain TVL increase in the past week:

| Project Name | Weekly Increase | TVL(million) | |----------|------------|---------------| | Hedera | 74.42% | 176.93 | | Zircuit | 70.79% | 329.84 | | Filecoin | 54.12% | 120.54 | | EOS | 47.66% | 259.38 | | Kaia | 41.28% | 117.16 |

Hedera: The significant increase in HBAR is attributed to ETF applications and the background of its founders, with its market value considered undervalued. Focused on on-chain development, promoting AI, payments, and IoT growth. The largest project in the ecosystem, SaucerSwap, has seen a rapid rise in TVL.

Zircuit: ZRC listed on Coinone and Crypto.com; partnered with Elara to expand usage; supported by Kelp DAO, opening a gain vault.

Filecoin: FIL has rebounded by 44.36%, driving on-chain staking activities. The main TVL comes from GLIF and Parasail, with growth rates of 36.75% and 40.78%, respectively.

EOS: Participating in the creation of the exSat Network for BTC-L2; emphasizing on-chain ecological construction; EOS has risen by 68.7%, driving on-chain activities.

Kaia: Launched Kaia Portal v1.3 supporting lending; initiated on-chain activities, offering high rewards; promised to increase rewards when TVL exceeds $150 million.

Overview of the Rise Ranking

Top 5 Tokens by Market Gain in the Past Week:

| Token | Project Name | 7-Day Change | Circulating Market Cap | Circulation Rate | |------|----------|------------|----------|--------| | HYPE | Hyperliquid | 324.49% | $4,524,840,415 | 33.39% | | OL | Open loot | 304.84% | $122,785,197 | 4.73% | | CVX | Convex Finance | 127.01% | $548,205,234 | 82.15% | | IOTA | IOTA | 125.08% | $1,705,326,899 | 76.86% | | CRV | Curve | 124.95% | $1,321,165,128 | 56.63% |

HYPE: A decentralized perpetual contract exchange with a daily trading volume of $8.5 billion, surpassing other similar projects on the chain.

OL: Web3 gaming platform, following the rise of Big Time; Gamefi track receives funding attention.

CVX: A yield enhancement project based on Curve, influenced by the rise of CRV.

IOTA: Begins Rebase proposal voting, including smart contracts, decentralization, staking, and other content.

CRV: The stable yield rate has significantly increased, with some pools having an annualized return of over 100%, attracting a large number of arbitrage users.

social media hotspot

According to data from LunarCrush and Scopechat, the most frequently mentioned topic this week ( is L1s, appearing between 11.30-12.60. The listed tokens are mainly public chain projects, generally showing an upward trend, performing better than BTC and ETH. DeFi projects within various public chain ecosystems continue to thrive, with TVL and trading volume.