Web3 Market Trends and Hotspot Analysis

1. Market Highlights

1. Market Trends

(1) Macroeconomic Environment

SEC Commissioner Hester Peirce recently proposed three recommendations for cryptocurrency regulation aimed at promoting industry development. She called for an end to regulatory bottlenecks for crypto services, clarifying the SEC's jurisdiction, and collaborating with the industry to explore the applicability of rules. These suggestions are expected to create a more flexible and transparent regulatory environment, which could have a positive impact on the crypto industry, including reducing compliance costs and enhancing market confidence.

(2) Web3 field

On December 10, the cryptocurrency market experienced severe turbulence. Bitcoin's price fell to $94,000, triggering extreme fluctuations in altcoins. Major currencies like Ethereum and Solana dropped over 7%, while some smaller coins saw declines exceeding 20%. According to data platforms, over 570,000 people were liquidated within 24 hours, far surpassing the historically notable "312 crash" event. This plunge intensified market panic, causing the funding rates for most altcoin contracts to drop to low levels, with some even showing negative rates, reflecting a generally bearish sentiment in the market.

2. Hot Events

(1) Macroeconomic Environment

The discussion about Bitcoin payments has heated up again. An industry expert responded to the views of a certain exchange platform founder regarding Bitcoin payments being superior to traditional finance. The expert pointed out that the intermediary-free and trustless settlement method of Bitcoin does indeed surpass traditional finance, but this is just the starting point. With new technologies like BitVM, Bitcoin is expected to break through the purely payment function and move towards becoming a true "world computer."

(2) Web3 field

Max Resnick, a well-known Ethereum developer, has announced his joining of Anza, a core development company for Solana, attracting attention in the industry. Resnick plans to focus on the technical specifications of the Solana protocol in his new position, particularly in the areas of the fee market and consensus implementation. He will continue to collaborate with the original team as an advisor. Resnick has previously been critical of Ethereum's scaling strategy, advocating for a focus on layer-one scaling. Industry insiders believe that this personnel change may promote technical communication between Ethereum and Solana, bringing new focal points for Solana's development.

3. Hot Topics Narrative

The TikTok concept coin has risen against the backdrop of an overall market decline, sparking heated discussions. Among them, the $Luigi token, based on a social news event, once saw its market cap soar to $63.8 million, with an increase of nearly 494 times. Another standout is the $APPLE token, inspired by a dog influencer on TikTok that loves to eat apples. The popularity of these tokens reflects the influence of social media on the crypto market and investors' enthusiasm for emerging concepts.

2. Hot Projects

1. Project Introduction

$venti is an innovative project created by AI experts, characterized by the integration of artificial intelligence with the anonymous website 4chan. At its core is a unique personality engine architecture that enables natural evolution through interaction with users while maintaining persistent personality traits. This design allows AI to learn and adapt autonomously in complex online environments, opening up new avenues for the development of AI applications in social media and internet culture.

3. Sector Rotation

1. Hot Sectors

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2. Internal Sector

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