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Over the past year, the performance of ETH and its ecosystem has been underwhelming, with the ETH/BTC ratio down by 30% year-to-date. However, it's important to note that BTC has faced a monthly-level correction after hitting resistance at $100,000, while Solana's DEX volumes have seen a significant decline. These shifts suggest that capital is starting to flow back into the ETH ecosystem, with whales quietly accumulating assets over the past year. Several promising projects within the ETH ecosystem and on EVM chains are worth highlighting.
As the regulatory landscape for DeFi and cryptocurrencies in the United States becomes clearer, top-performing DeFi projects with strong profitability are poised to give their tokens genuine value. This could involve using a portion of their profits for token buybacks or directly distributing profits to token holders. If these proposals are implemented, the valuations of these DeFi projects could experience significant upward adjustments. Early market interest has already emerged, making these projects worth investors' attention.
- 07:01Trader Eugene: Counterfeit coin investors are eager to sell spot goods, the market may enter a longer consolidation phaseTrader Eugene Ng Ah Sio stated at X about the altcoin market: "Altcoins, after forming wick lows, fell back to these levels within less than 48 hours, indicating that investors are extremely anxious about holding spot assets and eager to sell. The market may enter a longer adjustment period or fall rapidly in a short time."
- 05:17The Linea mainnet bridge has transferred over 800,000 ETH, with nearly 570,000 interactive addressesDune data shows that the Linea mainnet has bridged and transferred 805,963 ETH, with a transaction count reaching 1,228,845 and an interaction address number of 569,710.
- 05:17Andre Cronje: Sonic is running in "safe mode", 1620 TPS has not yet reached its peakSonic Labs co-founder Andre Cronje stated in a post on X that the Sonic network has not yet reached full operational status (operating in "safety mode" until enough validators have migrated), but it has independently measured 850 TPS. Data disclosed by sealaunch.xyz shows that the TPS reached a maximum of 1620 on December 18. Regarding this, Cronje said: "1620 TPS, not yet at its peak, independently measured. Sonic is a new paradigm."