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According to Cryptonews, the latest market report from CCData shows that by December 2024, the total trading volume of spot and derivatives on centralized cryptocurrency exchanges (CEX) reached $11.3 trillion (up 7.58%), setting a new historical high. The trading volume of crypto derivatives also surged significantly, increasing by 7.33% to reach $7.58 trillion, setting a new monthly high for derivative trading volumes. CCData pointed out that liquidation volumes have soared as traders try to profit from market volatility. The trading frenzy in December coincided with Bitcoin's historic rise; on December 5th, Bitcoin broke through the $100,000 mark for the first time and reached its peak at $108,249 on December 17th. Pierre Rochard, Vice President of Research at Riot Platforms stated that this surge marks a significant reversal after two consecutive years of declining trade volumes since 2021. During the bull market period in 2021, Bitcoin's trading volume peaked at $47 trillion but then fell sharply over subsequent years.

On January 15, Sonic Labs (formerly Fantom) released the details of the S token airdrop plan. Users can obtain points through three ways: The first category is passive points, which users can obtain by holding whitelisted assets in Web3 wallets (such as Rabby, MetaMask and hardware wallets), but centralized exchange holdings are not counted; The second category is activity points, which are obtained by providing whitelisted assets as liquidity in participating projects; The third category is DApps points, where developers can compete for allocations called "Sonic Gems" and distribute S tokens to users through a custom points plan. The project party emphasized that the first two types of points have nothing to do with the specific applications used, and users can increase their income by finding applications with the best points plan. Among them, scUSD and scETH are provided by Rings Protocol.