Crypto Market Trends and Hotspot Analysis

Market Overview

macro environment

Industry experts hold an optimistic view on the prospects of the Solana ETF. The head of research at VanEck believes that the likelihood of the ETF being listed in 2025 will exceed 77%. He stated that the company plans to apply for the listing of a spot Solana ETF in June 2024. Market prediction platforms show that the approval probability for the Solana ETF has risen to 86%, reflecting the industry's growing expectations for crypto market ETFs. However, for the Solana ETF to be successfully listed, it still needs to adopt a structure similar to that of Bitcoin and Ethereum ETFs and avoid being classified as a security.

Development in the Web3 Field

An analyst from a research institution made predictions about the crypto market in 2025. He pointed out that as the MEV supply chain matures, competition among exchanges and validators will intensify, but the front end will continue to maintain its dominant position. The total market value of the DePIN market is expected to grow fivefold, while the application of crypto payments in agency trading may be limited. Stablecoins will evolve from DeFi tools into a true medium of exchange, with active addresses expected to exceed 50 million. Moreover, the boundary between wallets and applications will gradually blur, and chain abstraction technology may reduce the importance of general L2 networks in practical applications.

Hot Events

macro event

A certain tech entrepreneur sparked a discussion about cryptocurrency taxation on social media. He mentioned an investor who bought a certain token for $7,000 and received high returns, but then faced losses in subsequent investments. This statement led to a 124% surge in the related token within a short period. The token belongs to a blockchain project aimed at reforming the adult content industry, established in April 2021.

Web3 field events

The Ethereum charity fund recently completed a significant transaction, selling 3,690 ETH for $12.47 million in revenue. This is the fund's first sale in ten months and its largest transaction in history. The ETH came from an early investor who acquired 100,000 ETH at the time of Ethereum's genesis block. Currently, this investor still holds approximately 85,000 ETH, worth nearly $300 million. This transaction has attracted market attention to Ethereum.

Hot Narrative

With the rapid rise of a certain AI agency platform on crypto social media, its market value reached 600 million USD in a short period, sparking an analysis of its core competitiveness. At the same time, a certain DAO project and its tokens have also attracted attention as data aggregation infrastructure providers. As user demand for data aggregation increases, the value of related services has significantly risen. The success of the AI agency stems from its unique model and powerful data processing capabilities, while the data aggregation platform supports the AI agency in competing in the market. Although the market value of the certain DAO project is only 32 million USD, its potential is considered immense in the context of the development of the AI agency economy.

Hot Projects

ZAILGO is an open-source AI agent and machine learning model platform, serving as an upgraded version of a certain OS framework. The platform integrates the Solana blockchain and vector databases, supporting CI/CD with Kubernetes and Docker. This enables users to develop and deploy applications more efficiently, optimizing the software development process. The project was launched by well-known developers, with a market cap that briefly surpassed $70 million, reaching an all-time high, with a 24-hour increase of 208%.