In this round of bull market, the difficulty of altcoin hell, if you play on-chain, you will find it easier than the secondary market.
Primary projects are fairly launched without giving platforms chips; platforms have no chips to access primary projects, resulting in each playing their own game, on-chain could see a tenfold increase in a week, while secondary VC coins hit their high points upon launch.
If the secondary market continues in this manner, without a profit effect, while the on-chain remains independent, constantly producing golden dogs, and wealth myths keep appearing, it will force more secondary retail investors to dive into the on-chain, leading to more prosperity on-chain, and of course, more scams.
Regardless, money never sleeps; wherever there is a profit effect, funds will flow there!
Data shows that DEX's share of cryptocurrency trading volume has exceeded 20% for the first time, users seem to be leaving centralized exchanges and embracing on-chain DEX. In addition, in a16z's latest research report, they believe that to understand the development of the cryptocurrency industry in 2025, five indicators need to be monitored, one of which is the share of DEX trading volume. They believe that in 2024, trading volume on high-throughput chains like Base and Solana will rise sharply, and this trend will continue into 2025.
The other four indicators are:
✅ Monthly active wallet users;
✅ Adjusted stablecoin trading volume;
✅ ETF net inflows;
✅ Total blockchain transaction fees.
It is worth noting that in the currently hyped AI Agent narrative, the heat of AI Agent + DeFi is rising. The total market cap of this narrative is currently below 1 billion dollars, with significant growth potential.
DeFai, or DeFi+AI Agent, seems to be the most promising AI Agent niche, directly related to Crypto assets and trading.
The performance of several related concept coins over the past 24 hours is as follows:
Citadail increased by 135%, market cap 36M;
Grift increased by 83%, market cap 60M;
buzz increased by 67%, market cap 91M; (however, before the publication, $Buzz had already successfully broken through 100m, bringing the rhythm of DeFAI up)
neur increased by 112%, market cap 65M;
The leading concept coin by market cap is Griffain, with a market cap of 447 million, down 8% in the last 24 hours, and this coin has been listed on Binance contracts.
In addition, there are some concept coins that dropped before rising, such as degenai, VADER, etc.
An incomplete list of DeFAI, which also includes trading types in this narrative, is it heating up or just a flash in the pan? It's time to buy and hold.
Which projects are worth paying attention to?
Solana ecosystem:
$GRIFFAIN: Trading-friendly AI supported by the SOL Foundation
$BUZZ: DeFi aggregator and toolkit
$ASYM: Altcoin price prediction AI
$NEUR: Trading-friendly AI, referred to as AI co-pilot by people
$LEXICON: An extension for embedding agents into dApps, the previous programming marathon winner EVM ecosystem: $AiXBT: information AI on virtuals, providing market insights by integrating KOL opinions $VADER: an investment fund driven by @VaderResearch AI, automated asset management, the 'Blackstone' of the crypto world $SPEC: on Base $Kudai: just released on Base yesterday, supported by @GMX_IO team, a DeFi AI Agent that will have tools and mechanism models in the future. Foreign discussions are quite lively $STRUDY: AI-driven yield vault $MODE: an L2 focused on AI x DeFi within the superchain ecosystem, building an AI 'app store'. Below is a multi-dimensional comparison table of DeFAI projects found online; you can also research which project you favor more.
