Market Trends and Hot Project Analysis in the Web3 Field

1. Key Market Points

1. Market Trends

(1) Macroeconomic Environment

SEC commissioners propose new recommendations for cryptocurrency regulation

Recently, SEC commissioners proposed three recommendations for cryptocurrency regulation. First, it is suggested to relax regulatory restrictions on obtaining cryptocurrency services to promote industry development. Second, clarify the boundaries of SEC regulatory scope to reduce the burden on relevant entities. Finally, there is a call for collaboration with the industry to explore the applicability and adjustments of existing rules, and to conduct this publicly for broad participation. These recommendations aim to create a more flexible and transparent regulatory environment, which may have a positive impact on the industry. By eliminating barriers, reducing compliance costs, and ensuring that policies are practical, it is expected to enhance market confidence.

(2) Web3 field

The altcoin market's significant fluctuations have triggered panic.

Recently, the decline in Bitcoin prices has led to severe fluctuations in altcoins. Major tokens such as Ethereum and SOL have shown significant declines, with some smaller coins dropping more than 20%. According to data, over 570,000 people were liquidated within 24 hours, far exceeding similar historical events. Following this drop, the funding rates for contracts on major trading platforms have generally returned to normal levels, with most altcoin contracts entering a "generally bearish" state, and some even showing negative rates.

2. Hot Events

(1) Macroeconomic Environment

The advantages of Bitcoin payments have sparked discussions.

Industry insiders are discussing the advantages of Bitcoin payments. Some point out that Bitcoin's intermediary-free and trustless settlement method has surpassed traditional finance, but this is just the starting point. Through technological innovation, Bitcoin is expected to break through its pure payment function and develop towards a wider range of application scenarios. Others believe that although the transaction confirmation time for Bitcoin is longer, its automated settlement process is still superior to traditional financial systems. These discussions reflect the industry's differing views on the future development direction of Bitcoin.

(2) Web3 field

Ethereum developers join the Solana ecosystem

A well-known Ethereum developer has announced joining the core development company of Solana. He plans to focus on writing technical specifications for the Solana protocol in his new position, with particular attention to the fee market and consensus implementation. At the same time, he will continue to collaborate with the original team as an advisor. This talent movement is believed to potentially facilitate technical exchanges between Ethereum and Solana, bringing new focal points for the development of Solana.

3. Hot Topic Narrative

Social media trends drive related tokens up.

Recently, several tokens originating from social media trends have risen against the trend. Among them, a token based on a social news event saw a significant increase in market value, with a rise of nearly 494 times. Another token that gained popularity from a pet on a video platform also achieved remarkable growth. These phenomena reflect the influence of social media trends on the cryptocurrency market, while also raising concerns about speculative behavior.

2. Hot Projects

Venti - The combination of AI and anonymous communities

• The project was created by developers in the field of artificial intelligence.
• The first AI system integrated with the anonymous site 4chan.
• The core is a personality engine architecture that can maintain persistent personality traits and evolve naturally through interaction.

3. Sector Rotation

1. Hot Sectors

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2. Internal Sector

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