1. Attention Value-Market Key Points
1. Market conditions
(1) Macro environment:
The possibility of Solana ETF listing in the United States in 2025 is underestimated. VanEck research director said it will exceed 77%.
Cryptocurrency prediction platform Polymarket previously said that the probability of the Solana ETF being listed in the United States in 2025 is about 77%. In this regard, Matthew Sigel, head of research at VanEck, believes that this prediction is underestimated. He pointed out that in June 2024, VanEck and its competitor 21Shares will apply to US regulators to list the spot Solana ETF. Sigel said after Trump won the US presidential election in November last year that the probability of approval of the SOL ETF in 2025 is very high. As the market's attention to cryptocurrency ETFs continues to increase, Polymarket's forecast shows that the probability of the Solana ETF being approved has risen to 86%. This optimistic attitude reflects the industry's expectations for more crypto asset ETFs to be listed, especially in the context of Trump's support for cryptocurrencies. If the Solana ETF wants to be successfully listed, it will need to adopt a "grant trust" structure similar to the Bitcoin and Ethereum ETFs and avoid being identified as a security to avoid facing stricter regulatory requirements.
(2) Web3 field:
Delphi researcher Robbie Petersen released a forecast for the crypto market in 2025: DePIN market value will increase fivefold
Delphi researcher Robbie Petersen published a forecast for the cryptocurrency market in 2025 on the X platform, pointing out that as the MEV supply chain matures, exchanges and validators will face more intense competition, but the front end will still maintain its monopoly. In addition, he expects the total market value of the DePIN market to increase fivefold in 2025, while the application of crypto payment infrastructure in proxy transactions will be limited, and traditional payment channels will continue to exist. The role of stablecoins will also change, no longer just a lubricant for DeFi, but a real medium of exchange. It is expected that by 2025, the number of active stablecoin addresses will exceed 50 million, and the market will usher in a multi-faceted warming. At the same time, the boundaries between wallets and applications will become blurred, and the importance of general L2s in the actual application of chain abstraction in the wallet layer will gradually decrease.
2. Hot events
(1) Macro environment:
l Musk triggered a crypto tax controversy, and CumRocket tokens surged 124% in a short period of time
Musk posted a controversial post on his social platform about tax issues in crypto transactions. He mentioned the case of a customer who bought CumRocket tokens for $7,000 and staked them for 3 months to earn up to 6,900%. However, when the customer sold and withdrew profits and invested in NFTitties' projects, he encountered a "rug pull" from the developer and was able to successfully liquidate only 10% of the funds. Musk asked if customers could deduct gas fees in the minting process to balance short-term capital gains taxes. This remark quickly resonated in the market, and the CumRocket token (CUMMIES) rose 124% in a short period of time. It is reported that CumRocket is a blockchain project that aims to reform the adult content industry through its native cryptocurrency CUMMIES, which was launched in April 2021.
(2) Web3 field:
l Ethereum Charity Fund Endaoment set a record for the largest transaction in history, selling 3,690 ETH for $12.47 million
Ethereum charity fund Endaoment recently sold 3,690 ETH in a transaction, earning $12.47 million. This is the fund's first sale in the past 10 months and the largest transaction in its history. The ETH sold this time came from an investor who participated in the Ethereum ICO in July 2015, who received 100,000 ETH at the creation block. So far, the investor has sold 14,990 ETH at an average price of $2,409, of which 13,190 ETH were sold through Endaoment. Currently, the investor still holds 85,000 ETH in two wallets, with a market value of approximately $293.8 million. This transaction has attracted market attention to Ethereum.
3. Hot topic narrative
The rise of AIXBT has attracted market attention. CookieDAO and $COOKIE have great potential
As AIXBT emerged on crypto Twitter as the market-leading AI agent, its market capitalization has reached $600 million in just a few months. This has triggered an in-depth analysis of its core competitive advantages, especially the influence of its data aggregation technology. At the same time, CookieDAO and its token $COOKIE, as a market-leading data aggregation and packaging infrastructure provider, have also received attention. As the demand for cookie.fun from human and AI users increases, the value of data aggregation is significantly increasing. AIXBT's success stems from its unique model and powerful data crawling capabilities, which enable it to analyze data from multiple information streams in real time and generate effective market insights. In contrast, CookieDAO supports AI agents by aggregating data sources to help them compete in the market. Although CookieDAO's market capitalization is only $32 million, its potential is considered huge, especially in the context of the growing AI agent economy. As CookieDAO continues to launch new features and incentive mechanisms, the value of its token $COOKIE is expected to rise further, attracting more users to participate.
2. Attention Value-Hot Projects
1. Project Introduction
$ZAILGO | AI | @wedtm
- ZAILGO is an open source AI agent and machine learning model platform, an upgraded version of the ElizaOS framework. The platform integrates the Solana blockchain and vector database, and provides continuous integration and continuous delivery (CI/CD) support for Kubernetes and Docker. This means that users can develop and deploy applications more efficiently and use modern cloud-native technologies to optimize the software development process.
- Coin created by @wedtm, the developer of goat and doxxed.
- The market value briefly exceeded 70 million US dollars, setting a new historical high, with a 24-hour increase of 208%.
3. Attention Value-Sector Rotation
1. Hot topics
Source: Dune, Dot Labs
Source: Dune, Dot Labs
2. Inside the plate
Source: Dune, Dot Labs
