1) Market Trends

BTC continues to decline. Altcoins on exchanges are falling broadly, while altcoins on-chain are rising broadly, with profit opportunities mainly on-chain, still able to access early tokens.

U.S. stocks continue to fall, with MicroStrategy experiencing a sharp drop.

2) Market Highlights:

1. The AI sector, including a16z, Zerebro, Arc, Eliza, Griffain, Swarms, and Vapor, is accelerating upward. AI16z plans to create an AI L1, and Eliza has become the most popular repository on GitHub for December. Major players are stagnating, with funds flowing to the secondary and tertiary markets.

2. The meme sector, including Pnut, Chiilguy, and Goat, is rising. The SOL/ETH exchange rate is strengthening, with some funds flowing from high-positioned AI to lower-positioned memes.

3. BN has launched SOLV, which is a BTC staking protocol and will also be hyped.

4. On-chain exchanges are launching staking with a 7-day lock-up period and an annualized yield (APY) of 2.5%.