Market Trends
BTC is currently in a sustained downward trend, with altcoins also generally declining. There are rumors in the market that BlackRock is manipulating the BTC ETF for profit through high selling and low buying strategies. Meanwhile, the SOL/ETH exchange rate has reversed, and liquidity is flowing back from exchanges to the blockchain. Additionally, U.S. stocks have dropped significantly, and U.S. Treasury yields have risen, putting pressure on the stock market.
Market Highlights
1. AI Sector: Rapid Growth. AI16Z, ARC, Zerebro on the SOL chain, Virtual, AIXBT, Luna on the BASE chain, and Vapor on the Hype chain have all seen significant increases.
AI16Z has released a new white paper, forming a dual oligopoly competitive landscape similar to Android and Apple with Virtual.
ARC has accelerated developer activity recently; in the long term, AI platforms based on Rust language have greater potential.
Vapor, as the AI launch platform on the Hype chain, collaborated with Eliza and after being recommended by AIXBT, saw a 4-fold increase within a day. However, Sun Yuchen's involvement suggests that the AI Agent market may be overheated, potentially peaking in the coming weeks.
2. Meme Concept: SPX, Giga, WOULD, and other strong speculative coins are steadily declining.
SPX and Giga are stocks controlled by Murad, reaching new highs after several months of adjustments.
WOULD, as a Musk concept meme, has seen its market value soar 200 times to $300 million within three months.
3. Emerging Concepts on-chain: The土狗 project Tsotchke has shown significant growth. Influenced by the hype around quantum computing in the U.S. stock market, there is also an emerging hype around the related Desci concept on-chain.
4. DeFi Sector: Overall performance is weak. The U.S. has introduced a new DeFi brokerage bill, strengthening regulatory measures, requiring DeFi users to undergo KYC and pay taxes, to be implemented as early as 2027.
