The on-chain realized price bands of Bitcoin shows that it could soon reach $100K.

The last time a similar indicator was observed was in March 2024, when BTC's price exceeded $70K for the first time in a long while.

Are memecoins truly a springboard for gains this bull run?

• What memecoin trackers don't reveal
• Key factors driving cult coins
• The current stage of the memecoin cycle
• The onboarding risk of the meme thesis

In-depth research ↓

Read on Substack

CoinShares shared a fresh report on financial flows in the crypto market for the past week:

– Inflows into digital assets reached $2.2B, bringing the year-to-date total to a record $33.5B.
– The first half of the week saw significant inflows of $3B, despite Bitcoin's price declining from its new all-time high.
– Bitcoin recorded inflows of $1.48B, $49M of which went into short positions. Meanwhile, Ethereum saw inflows totaling $646M.

The full report is available here.

Top early-stage crypto investments from last week:

▪️ Heurist: A decentralized AI-as-a-Service cloud, pooling compute resources from GPUs and data centers.

▪️ Tranched: An on-chain lending platform that helps the real economy access financing transparently, without the need for intermediaries.

▪️ Eidon: A decentralized AI network where human-AI agents collaborate to capture real-world data, training the next generation of multimodal AI models.

▪️ Akave: A decentralized L2 cloud storage solution leveraging Filecoin for cost-effective, immutable, and secure data storage.

▪️ Brevis: A ZK coprocessor or computation network designed to improve blockchain scalability using ZK proofs.

Have you noticed how many new AI & DePIN projects are among them?

The number of users interacting with OpenChat daily continues to grow rapidly.

As of November 2024, over 14k users are using the platform.

Did some research on $MNT to share with you my Mantle thesis.

Tbh, Mantle is one of my favorite L2s which pretty much differs from any other L2 you know.

If interested, make sure to read my deep dive.

It's time to read new research! 🔍

General
➖ Crypto.com: Research Roundup Newsletter [October2024]
➖ Galaxy: New Policies, Possibilities, and Paths for Crypto

Market
➖ Coinbase: Weekly: Bitcoin’s Big Rally
➖ Glassnode: Fasanara Digital + Glassnode Report: Institutional Perspectives on Digital Assets

Blockchains & networks
➖ 4pillars: Preconfirmation (feat. Taiko): Make Ethereum Fast for the First Time!
➖ 4pillars: The Reason Why Chromia Adopted a Different Database
➖ 4pillars: Launch a Project and Get Connected - Recent Strategy of LayerZero
➖ CoinGecko: Solana & Base Lead Interest in Chain-Specific Narratives in 2024
➖ Galaxy: Bitcoin L2s

Tokens & currencies
➖ Cointelegraph: Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC

Solana and Base became the most popular blockchains of 2024.

This conclusion comes from experts at CoinGecko, who shared several interesting insights:

– Solana has returned to its 2021 rally levels, capturing 38.9% of overall interest from crypto investors, surpassing other popular L1 and L2 chains.

– Base claimed second place, garnering 16.81% of investor interest and growing fivefold since the beginning of the year.

– Ethereum shifted to third place in the rankings, while Sui and TON have clearly gained significant momentum this year.


Read the full CoinGecko research here.

Day 1 of $MORPHO is going quite well, with the number of buyers and buying volume significantly exceeding the selling side.

I expected Morpho to launch around a $1B FDV, and it appears to be the best DeFi token launch of the year so far.

The image below shows data for the top $MORPHO accumulators.

Data source: Alphanomics

Are meme coins really on the rise?

• In terms of market cap – absolutely.
• In terms of retail sentiment – not so much.

Surprisingly, activity in this sector remains low, even as overall mcap continues hitting ATHs.

Conclusion: retail investors haven’t woken up yet – nothing to see here ¯\_(ツ)_/¯

Bitcoin futures open interest on the CME reached a record 218,000 BTC ($21.3 billion), marking a 35% increase since the Nov. 5 election.

This surge in OI alongside rising prices reflects strong bullish sentiment in the market.

DeFi activity on NEAR Protocol is booming, with Ref Finance swap volumes spiking nearly 400% in a day last week.

PS: The data for today is not relevant since the day is just starting and the info is updated in real-time.

In 2024, only Arbitrum and Compound saw growth in unique topic contributors.

Meanwhile, Balancer (-44%) and Sky/MakerDAO (-37%) experienced the biggest declines, with Uniswap maintaining steady author numbers across 2023 and 2024.

Inflation eats away at your yields.

This bull run has made that painfully clear.

Take $SOL, for example:
• Market cap: $122B.
• Price: $258.For contrast, in 2021, the market cap was $75B—and the price was the same.

Now, $TIA:
• ATH market cap in January: $3.3B.
• Current market cap: $2.6B.
• Price in January: $20.
• Price now: $6.

Need more examples?

$SEI:
• ATH market cap: $2.8B.
• Current market cap: $2.25B.
• Price then: $1.03.
• Price now: $0.53.

$ARB:
• ATH market cap in March: $4.6B.
• Today: $3.8B.
• Price in March: $2.1.
• Price today: $0.8.

$TAO:
• Already surpassed its ATH market cap of $4.6B.
• Did the price hit a new ATH? Close, but not quite.

$ENA:
• Very close to its ATH market cap: $2.12B vs. $1.84B now.
• Price then: $1.49.
• Price now: $0.64.

The message is clear: start paying attention to inflation.

Altseason is already here, but most of the assets you’re holding are inflating at a crazy speed.

Latest stablecoins transactions breakdown:

Ethereum dominates with an average stablecoin transaction size of $75.5K, far surpassing Base ($16.4K), Avalanche ($10.5K), and TRON ($7.0K). Meanwhile, TON is gaining traction, with a notable $1.6K average transaction size.