1) Market Trends

BTC has plummeted, with altcoins experiencing mixed performance. The SOL/ETH exchange rate shows signs of bottoming out and rebounding.

U.S. stocks rebounded, and the Christmas holiday is approaching,

2) Market Highlights:

1. Memes like pnut, chillguy, goat, etc., are rebounding, with KOLs issuing calls. Funds are beginning to switch between high and low positions, flowing from high-priced ETH to lower-priced SOL.

2. There are rumors in the market about the airdrop of tokens from the SOL chain's issuance platform pump.fun, which could signal a SOL bull market.

3. The leading DeFi project Hype has begun to adjust after reaching an all-time high against the trend. In the short term, even the strongest EVM-based leaders will need to adjust. In the long term, Hype aims to accomplish what SBF did not, bridging the entire industry chain between chains and exchanges.