Decentralized trading, the king of trading? — The evolution and future of on-chain trading
I. Introduction: The rise of decentralized trading
On January 18, 2025, just two days before the inauguration, a social media post by President-elect Trump triggered the most remarkable on-chain trading frenzy in crypto history. Within just 24 hours, the token named TRUMP surpassed a market cap of $24 billion, with over 115,000 new users flooding into the Solana ecosystem, equivalent to half of Arbitrum's daily active users. This phenomenal event not only set a new record for single-day on-chain trading but also dramatically revealed the immense potential of decentralized trading.
South Korea's Cryptocurrency Exodus: The Outflow of Capital, Companies, and Talent
The over-reliance on trading volume rather than ecosystem building has led to a 'Korean discount' in international markets.
Written by: Jay Jo, Yoon Lee, Tiger Research
Compiled by: Luffy, Foresight News
Key Points
South Korea's cryptocurrency trading volume remains high, attracting global attention, but regulatory ambiguity and lack of guidelines hinder industry development.
The government prohibits the establishment of real-name accounts for cryptocurrency trading for businesses. This restriction, combined with a vague regulatory framework, has led to the outflow of talent, capital, and companies, weakening the competitiveness of the Web3 ecosystem.
"Trump Effect" Reappears, 40 Related Altcoins May Welcome Liftoff
Analyzing 8 sectors and 40 tokens, how will Trump's signing of the executive order for the cryptocurrency industry and artificial intelligence benefit the market?
Author: Biteye core contributor viee
Editor: Biteye core contributor viee
Yesterday (January 23, 2025), Trump signed a highly anticipated executive order at the White House, officially announcing that the U.S. will increase policy support in the fields of artificial intelligence (AI) and digital cryptocurrencies. This not only indicates Trump's intention to push the U.S. to a leading position in the global AI race but also sends a positive signal to the cryptocurrency sector.
Compared to the regulatory approach of the Biden administration, Trump's policies are bold and sweeping, possibly allowing projects that have long been overshadowed by regulation to experience a long-awaited spring. From DeFi to AI and MEME coins, will these sectors see a new wave of explosion driven by the 'Trump Effect'? Will he, like last time leading the '$Trump token craze', catch the market off guard?
Multiple Solana ETF applications will face their first review deadline today
According to KnowHere, the Solana ETF applications submitted by four institutions, including VanEck, 21Shares, Canary, and Bitwise, will face the SEC's first review deadline on January 25, 2025. These 19b-4 applications were formally accepted by the SEC on November 21, 2024. According to the approval process, the SEC needs to make an initial decision within 45 days after acceptance, which may include approval, rejection, or postponement.
The market generally expects that the SEC may take a unified approach to review these Solana ETF applications.
The current number of altcoins has exceeded 36.4 million, while the number of altcoins was less than 3,000 during 2017-2018.
KnowHere news, on-chain analyst Ali tweeted that the current number of altcoins has exceeded 36.4 million; during the altcoin boom period of 2017-2018, the number of altcoins was less than 3,000, and in 2013-2014 it was even less than 500.
Solana (SOL) price rises 21% in a week, market cap surpasses Sony
Solana (SOL) price has risen 8% in the past 24 hours and 21% over the past week, with a market cap nearing $130 billion, surpassing companies like Sony, Dior, and ADP. Trading volume surged nearly 19% in the past 24 hours, reaching $10 billion, reflecting strong market activity.
Technical indicators such as Ichimoku cloud and BBTrend show a bullish pattern, but signs of consolidation suggest that momentum may temporarily slow. If SOL regains upward momentum, it may test the resistance level at $292 and is expected to break through $300 for the first time, while a pullback could bring the key support levels of $229 and $211 into focus.
After breaking the circle seven times, Base has become the public chain with the most opportunities besides Solana.
Original author: Zhou Zhou, Foresight News
Throughout the year of 2024, there are two blockchain ecosystems that are the most eye-catching, one is Solana and the other is Base.
Although it was born less than a year and a half ago, Base has experienced seven breakthroughs and has become the strongest L2 of Ethereum. At two major time points in 2024 (the approval of the Bitcoin spot ETF and Trump's election as the new president), it did not miss any opportunity to break through and expand the length and width of the encryption industry.
Who are the primary “beneficiaries” and potential “operators” behind Trump’s currency issuance?
Trump's carefully selected partners for issuing currency are worthy of long-term attention.
Author: flowie, ChainCatcher
Although Trump said he "didn't know much" about his eponymous meme coin TRUMP, the Trump family's entire crypto layout undoubtedly has a powerful "operator".
Behind the seemingly casual launch of the TRUMP coin, it has actually reached cooperation in advance with multiple project parties such as Moonshot, Jupiter/Meteora, etc. They are the biggest beneficiaries behind Trump's epic coin issuance besides Solana.
For example, Moonshot, which supports the purchase of memes with fiat currency, has quickly added 400,000 users, becoming a strong new challenger to CEX. Meteora, which is from the same team as Jupiter, is the fastest growing project in the Solana ecosystem during Trump’s coin issuance bonus… As Trump’s carefully selected partners, they deserve long-term attention.
Vitalik: How to ensure ETH accumulates value and how will Ethereum L1 and L2 scale in the future?
Consolidate ETH as the primary asset of L1+L2, encourage L2 to support ETH, view blobs as a possible source of income, MEV, etc.
Author: Vitalik, co-founder of Ethereum
Compiled by: Bai Shui, Golden Finance
Ethereum's goal is the same as it has been from day one: to build a global, censorship-resistant, permissionless blockchain. A free, open platform for decentralized applications, built on the same principles as GNU + Linux, Mozilla, Tor, Wikipedia, and many other great free and open-source software projects that we can today refer to as the regenerative and cypherpunk spirit.
The Trump Effect on Solana: Is On-Chain the Future?
Master, I want to become Marshal P!!
On the evening of January 18, U.S. time, Trump announced his eponymous token $TRUMP, leading to a nearly 50% surge in Solana, breaking previous highs and approaching the $300 mark, although it has since retraced, reigniting the on-chain sentiment of the Solana network.
Another dose of 'sentiment stimulant' on-chain
From the perspective of on-chain data analysis, the active address data and transaction data of the Solana network surged significantly after the release of $TRUMP, even approaching the highest levels ever recorded. The Solana network saw a large influx of Web3 existing funds and some incremental funds from Web2 introduced by Moonshot in a short period. Moonshot officially stated that after being recommended as the preferred purchase method on the TRUMP website, the platform's trading volume reached $400 million within 12 hours, and over 400,000 new users joined the Solana ecosystem through its application. The influx of new users reflects the heightened on-chain sentiment of the Solana network.
Financial website Forexlive analyst Justin Low: As the week comes to a close, Trump's attitude towards tariffs seems to have softened, putting pressure on the dollar. The dollar's favorable trend since December of last year has officially reversed, as it appears to hold the 'Trump' card in the year-end game, but is this true? Trump's current attitude towards the dollar is completely opposite to that during his first term; this time he wants a weaker dollar. The only realistic option is to force the Federal Reserve to cut rates faster; he claims to understand interest rates 'better than the Fed' and hopes for an 'immediate' rate cut. However, this does not mean the Fed will change its current policy stance, but Trump may push it along; if his actions amount to mere talk on tariffs without implementation, this will help ease inflation concerns. As worries about tariffs diminish, the focus will shift to inflation and labor market data to observe the developments. (Jin Shi)
Trump's eldest daughter Ivanka warns against purchasing fraudulent meme coins named after her
KnowHere January 24 news, U.S. President Donald Trump's daughter Ivanka Trump warned investors not to buy fraudulent meme coins named after her. On Thursday, Ivanka wrote on social media X, "I have noticed that a counterfeit cryptocurrency called 'Ivanka Trump' or '$IVANKA' is being promoted without my consent and approval. It needs to be clear that I have no association with this token. This coin may deceive consumers and take their hard-earned money. Additionally, the unauthorized use of my name and likeness violates my rights." Ivanka added, "This promotion is misleading, exploitative, and unacceptable. My legal team is reviewing and will take action to stop the continued abuse of my name."
Tips for avoiding losses in a bull market: 21 fatal psychological traps in trading
Understand the trading psychology to help you avoid losses, stabilize profits and make rational decisions.
Trading Psychology reveals the hidden mind games behind successful cryptocurrency trading. As a trader, your mind can be your most powerful tool - or your greatest weakness.
Your personal biases, like confirmation bias and overconfidence, can quietly sabotage your financial decisions without you even realizing it.
The most successful traders are not necessarily the smartest, but rather those who understand their own psychological patterns, control their emotions, and can make rational choices under pressure.
Vitalik warns: Political tokens are “a tool for unlimited political bribery”
KnowHere reported on January 24 that according to The Block, Ethereum co-founder Vitalik Buterin posted on social media on Thursday that political tokens could lead to "unlimited" bribes. Buterin's comments are part of a broader discussion around the development trends in the cryptocurrency industry, especially in the context of political leaders such as US President Trump embracing cryptocurrencies. Buterin pointed out that some parts of the industry conflict with each other due to their short-term and long-term value, and compared it to "highly addictive mobile games" and chess.
“Over the past year, we are entering a new order where the most powerful people in the world are now cheering the idea of anyone creating a token for anything at any scale,” Buterin wrote on X. “So it’s time to discuss the difference between short-term ‘sugar high’ fun that is not recommended for newbies, and long-term fulfillment and wealth accumulation. It’s not that ‘fun is bad,’ but rather similar to the difference between modern highly addictive mobile games and chess or [World of Warcraft]. It’s time to discuss the fact that large-scale political tokens cross another line: they are not just a source of fun, where harm is at most limited to mistakes made by willing participants, they are a vehicle for unlimited political bribery, including from foreign governments.”
Trump Establishes Presidential Digital Asset Working Group to Assess the Possibility of a National Bitcoin Reserve
Senator Lummis, who proposed establishing a national Bitcoin strategic reserve last July, has been appointed as the chair of the newly established digital asset committee of the Senate Banking Committee, which will focus on strategic Bitcoin reserves and related digital asset legislation.
Written by: Li Dan
Source: Wall Street Insights
After Trump took office, he took action on cryptocurrencies, signing an executive order aimed at promoting the development of the cryptocurrency industry. In addition, positive news from Congress for the crypto community: a senator who first proposed establishing a Bitcoin strategic reserve in the U.S. has been 'promoted.'
Trump’s Return: From Political Reshaping to the Double Revolution of Crypto Assets
Combined with policy analysis of $TRUMP and $MELANIA, we look forward to the future of the crypto market.
1. Introduction
On January 20, 2025, Donald Trump was sworn in as the 47th President of the United States, marking the beginning of his second non-consecutive presidential term. This moment is not only an important node in American political history, but also a focus of global markets. On the same day, a harmonized token called $TRUMP also quietly became popular, adding a unique financial color to this moment. This article will start with the interpretation of Trump's inaugural speech policy, combined with the birth background and market performance of the $TRUMP token and its family member $MELANIA, and deeply analyze the impact behind it.
Exclusive Interview with Bitlayer Co-founder Kevin: Pioneering the Programmable Future of Bitcoin
The launch of Finality Bridge by Bitlayer marks its leading position in the BitVM technology direction, a usable Bitcoin BitVM is on the horizon, and Bitlayer may hope to bring the Bitcoin ecosystem back into the public eye.
Recently, with Trump back in office, Bitcoin prices have surpassed historic highs. However, the corresponding development of the Bitcoin ecosystem is not optimistic. Looking back at 2023, the Bitcoin ecosystem was once the focus of the market, with various innovative projects emerging, attracting global investors' attention. However, by 2024 (especially after Q2), market enthusiasm gradually faded, and many Bitcoin ecosystem projects stalled after issuing tokens, even fading from public view. By early 2025, the overall attention to the Bitcoin ecosystem had dropped to a freezing point, with very few discussions on Bitcoin-related technological innovations in the industry.
The 'Power Games' of the Ethereum Foundation: Where Will the Foundation's Major Reforms Lead?
Recently, Ethereum co-founder Vitalik Buterin published two posts in succession, criticizing calls for the resignation of Ethereum Foundation Executive Director Aya Miyaguchi and rebutting concerns about the future centralization of Ethereum. This sparked widespread controversy both within and outside the Ethereum community.
Author: Weilin, PANews
During this cycle, Ethereum's price and ecosystem performance have not met the expectations of many users, and attention has gradually shifted to Solana, which has gained traction due to TRUMP and other meme coins. Behind the complaints, the Executive Director of the Ethereum Foundation (EF) has been criticized for being "inefficient," and the Foundation's periodic sell-off of ETH has also made it a target.
A Brief Analysis of Four Logics for Bottom-Fishing AI Agents
Look for projects that have a certain narrative uniqueness while continuously having technology and application landing.
Author: Haotian
What? Does bottom-fishing still need logic? That's right, for ordinary users entering the market, 'bottom-fishing logic' is very important. Because before the real main wave of 'Spring on the Chain' arrives, high volatility will be the norm. Next, let's briefly talk about how to bottom-fish AI agents.
1) Look for leading projects with strong consensus.
These types of projects have high market popularity, often responding the fastest during market surges and also showing relatively strong support funds during market drops. The key is that after experiencing multiple fluctuations over time, if they can stabilize within a certain market cap range, large funds will generally favor such projects. Whether the entire track has truly started also depends on the performance of these large blue-chip projects, such as: $AIXBT, #ai16z, $arc, #Griffain, #Virtual, $GAME, etc.; @aixbt_agent