Crypto Market Weekly Report

Market Overview

The main trends of the market

Market Sentiment and Trends: The market sentiment index has risen to 91%, indicating an extreme greed phase. Although BTC briefly broke through $100,000 on Thursday before pulling back, the overall market resilience remains strong. ETH is performing strongly, driving the entire crypto market up, showing sustained confidence in mainstream coins.

Capital Flow Analysis: The market capitalization of stablecoins continues to grow, with USDT increasing by 1.74% to $141 billion and USDC increasing by 2.03% to $40.2 billion, indicating a continuous influx of new funds into the crypto market. On-chain data shows frequent large transfer activities, with clear signs of institutional capital entering the market. The OTC premium remains within a reasonable range, indicating a healthy state of supply and demand for market funds.

Performance of the DeFi Sector: The total locked value (TVL) in DeFi increased from $46.8 billion to $53.2 billion, a growth of 13.67%. Liquid staking projects performed the most prominently, primarily benefiting from the rise in underlying asset prices and increased staking yields. The activity level of lending protocols has significantly increased, indicating a rise in leverage demand. DEX trading volume continues to rise, reflecting an increase in market activity.

Meme Coin Market: The meme coin sector showed relatively lackluster performance this week, with a weekly return rate of only 11.94%. The number of new project launches has decreased, and investor interest has noticeably waned. Funds are beginning to shift towards projects with practical application scenarios and fundamentals. The heat of discussions on social media has declined, indicating a decrease in investors' risk appetite.

Hot Attention: Layer 1 projects have received the highest attention on social media, with a weekly return rate of 40.04% in the PayFi sector. AI Agent projects are starting to gain a new round of market attention, especially for projects on the Solana, TON, and Base chains. High-yield staking products in DeFi projects continue to attract attention. The NFT market's trading activity has rebounded somewhat, but overall valuations are still seeking a bottom.

Investment Advice: It is recommended that investors maintain a cautiously optimistic attitude and focus on the following aspects: First, manage risks well, set reasonable stop-loss levels, and avoid excessive leverage; Second, focus on the liquidity staking and AI Agent sectors to seize opportunities in capital rotation; Third, pay attention to the impact of important events, including next week's Microsoft Bitcoin investment proposal (12 December 11 ), US CPI data, and the European Central Bank interest rate decision; Fourth, maintain sufficient liquidity to respond to potential market fluctuations, and adopt a phased accumulation strategy to avoid chasing highs.

( Market Sentiment Index Analysis

The market sentiment index has risen to 91%, a significant increase from last week's 83%, indicating that market sentiment is in a state of extreme greed. Altcoins have generally mirrored the market this week, showing a trend of upward fluctuations. ETH has performed strongly, driving a broad rise in Altcoins. The price increases in various public chain projects have led to gains in ecological projects, and the market expects a rotation of funds to occur next, leading to greater confidence in the future performance of Altcoins.

The price of BTC briefly broke through $100,000 on Thursday, although it later declined, market sentiment remains in an extreme greed phase. A certain possibility of correction is expected thereafter, and investors need to enhance risk prevention.

) Overall Market Trend Overview

• The crypto market has been in a volatile upward trend this week, with the sentiment index still in the greed phase.
• DeFi-related projects performed outstandingly, showing the market's ongoing focus on enhancing baseline returns.
• AI Agent projects are gradually gaining attention, and investment opportunities may arise within the next half month.
• The meme sector continues to perform poorly this week, not gaining more attention from the crypto market.
• All public chain projects experienced a broad rise led by the increase in ETH.

hot track

Tron ecosystem

This week, the price of TRX has surged significantly, boosting the popularity of the Tron ecosystem. As the main trading chain for USDT, activities on the Tron chain have increased substantially.

Tron chain data

• TVL: Increased from 7.97B to 9.32B, an increase of 16.93%, ranking first among large public chains.
• Active accounts: 3.6725 million, an increase of 18.06% compared to last week.
• USDT weekly trading volume: reached $131.4 billion, an increase of 16.23% compared to last week.
• DeFi project TVL growth: Justlend increased by 55.34%, SUN increased by 39.49%

The Tron ecosystem is developing rapidly, with the rise in TRX prices and the position of USDT in trading attracting a large number of users to participate in on-chain activities.

AI Agent

The AI Agent track is subdivided into three directions: Meme coins, issuance platforms, and underlying infrastructure. It mainly develops on the Solana, TON, and Base chains.

Main Launch Platform:

• Solana: vvaifu.fun
• Base: Virtuals Protocol, AI Agent Layer
• TON: Clanker

The prices of VVAIFU, VIRTUAL, and CLANKER coins have recently skyrocketed, reaching a certain market capitalization. They are mainly listed and traded on second and third-tier exchanges.

The launch of OpenAI's new product has sparked speculation in the AI sector. In the next 10 days, there may be investment opportunities in the AI sector, and investors should pay more attention to related projects.

Traditional AI Projects Performance in the Crypto Market

| Token | Project Name | 7-Day Change | Circulating Market Cap | |------|----------|------------|----------| | TAO | Bittensor | 22.46% | $5,319,989,872 | | FET | Fetch.ai | 25.89% | $5,288,426,405 | | RENDER | Render | 19.65% | $5,227,613,836 | | WLD | Worldcoin | 43.41% | $2,986,557,188 | | AKT | Akash Network | 6.87% | $1,121,411,518 |

DeFi track

Top 5 TVL Growth Rankings

| Project Name | Weekly Increase | TVL###million### | |----------|------------|---------------| | BounceBit | 134.26% | 450.13 | | Astherus | 102.65% | 132.13 | | StakeDAO | 77.17% | 176.42 | | Flexa | 74.51% | 338.32 | | SaucerSwap | 68.16% | 136.37 |

BounceBit(BB): The Bitcoin ecosystem re-staking infrastructure in collaboration with Binance. This week, the staking rate has been increased to attract a large number of users to participate.

Astherus: Liquidity center for staked assets. Collaborated with Movement Labs, funded by Binance Labs. Hosting events to enhance user engagement.

StakeDAO(SDT): A decentralized asset management platform. The yield of each product has increased, attracting user participation.

Flexa: Driving cryptocurrency in-person payments. Achieving progress in offline development, users can use the app to pay at thousands of stores in the United States.

SaucerSwap(SAUCE): The largest DEX on the Hedera chain. The rise in HBAR prices has driven ecological enthusiasm, attracting a large number of users to trade.

Track Overall Performance

• The market value of stablecoins is steadily increasing: USDT up 1.74% to $141 billion, USDC up 2.03% to $40.2 billion.
• The total TVL of DeFi increased from 46.8 billion USD to 53.2 billion USD, a growth of 13.67%.
• The liquidity staking project has performed outstandingly, benefiting from the rise in asset prices and the increase in yields.
• The activity of lending and DEX projects has increased, reflecting the rise in market activity.

Investment Advice

Recently, attention has been focused on liquidity staking projects across various public chains. The rise in the prices of underlying assets drives an increase in APY, attracting users to participate in DeFi projects. The liquidity staking mechanism relies on the increase in the prices of underlying assets, and it is expected that the prices of various public chains will rise alongside ETH, driving the growth of liquidity staking projects.

( Other track performance

)# public chain

Top 5 TVL Increases

| Project Name | Weekly Growth Rate | TVL###million### | |----------|------------|---------------| | Hedera | 74.42% | 176.93 | | Zircuit | 70.79% | 329.84 | | Filecoin | 54.12% | 120.54 | | EOS | 47.66% | 259.38 | | Kaia | 41.28% | 117.16 |

Hedera: HBAR's rise drives ecosystem development, SaucerSwap's TVL grows rapidly.

Zircuit: ZRC is listed on the Korean exchange and supported by Crypto.com. Collaborating with Elara and Kelp DAO to expand use cases.

Filecoin: The FIL price has increased by 44.36%, driving on-chain staking activities.

EOS: Participate in BTC-L2, create exSat Network. Focus on on-chain ecosystem construction, concentrating on GameFi, AI, and DePIN.

Kaia: Launched Kaia Portal v1.3, enhancing liquidity. Initiated on-chain incentive activities to attract user participation.

(# Overview of the Rise Ranking

Top 5 Token Gains

| Token | Project Name | 7-Day Price Change | Circulating Market Cap | Circulation Rate | |------|----------|------------|----------|--------| | HYPE | Hyperliquid | 324.49% | $4,524,840,415 | 33.39% | | OL | Open loot | 304.84% | $122,785,197 | 4.73% | | CVX | Convex Finance | 127.01% | $548,205,234 | 82.15% | | IOTA | IOTA | 125.08% | $1,705,326,899 | 76.86% | | CRV | Curve | 124.95% | $1,321,165,128 | 56.63% |

HYPE: A decentralized perpetual contract exchange with a daily trading volume of $8.5 billion.

OL: Web3 gaming platform, affected by the rise of Big Time tokens.

CVX: A yield optimization project based on Curve, affected by the rise of CRV.

IOTA: The Rebase proposal voting has started, including content such as smart contracts and decentralization.

CRV: The stable yield has significantly increased, attracting a large number of arbitrage users.

) social media hot topics

Layer 1 projects are gaining the most attention, generally showing an upward trend. Various public chain eco DeFi projects continue to thrive, with both TVL and trading volume on the rise. This reflects investors' optimistic sentiment towards the market outlook.

overall overview of market themes

According to the weekly return rate, the PayFi sector performed the best ### 40.04% ###, while the SocialFi sector performed the worst ( 19.71% ).

In the PayFi track, XRP, BCH, and XLM account for 90.19%, performing strongly this week.

The SocialFi track is mainly dominated by TON with a limited increase of 88.91% this week.

( Next week's crypto market major event preview

• December 11: Microsoft shareholders meeting to discuss Bitcoin investment proposal, Bank of Canada interest rate decision, US November CPI data
• December 12: European Central Bank interest rate decision, Taipei Blockchain Week, US initial jobless claims data

) Outlook for Next Week

Affected by Microsoft's voting and macro data, the market may show a volatile trend. Investors should maintain a cautious attitude.

The DeFi sector, especially liquid staking protocols, liquidity pools, and DEXs may continue to perform well.

The AI Agent track is in the startup phase, and investors should pay attention to token launch platform projects.