ETH leads the market up, DeFi sector TVL increases by 13.67%, AI Agent becomes a new hotspot.

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Market Weekly Report

Market Overview

Main Market Trends

Market Sentiment and Trends: The market sentiment index has risen to 91%, entering the extreme greed zone. Although BTC briefly broke through $100,000 on Thursday before pulling back, the overall market resilience remains strong. The strong performance of ETH has driven the entire cryptocurrency market upward, indicating continued optimism for mainstream coins.

Capital Flow Analysis: This week, 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 sustained inflow of new funds into the crypto market. On-chain data shows that large transfers are active, and there are clear signs of institutional funds entering the market. The over-the-counter premium remains within a reasonable range, indicating a healthy supply and demand situation in the market.

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

Meme Coin Market: The performance of the Meme coin sector has been relatively sluggish this week, with a weekly return rate of only 11.94%. The number of new projects launched has decreased, and investor interest has significantly waned. Funds are beginning to shift towards projects with practical application scenarios and fundamentals. The level of discussion on social media has declined, indicating a decrease in investors' risk appetite.

Hot Attention: Layer 1 projects have received the highest social media attention, with the weekly return rate of the PayFi sector reaching 40.04%. AI Agent projects are beginning to attract a new round of market attention, especially those on the Solana, TON, and Base chains. High-yield staking products in DeFi projects continue to be in focus. The trading activity in the NFT market has seen a rebound, but overall valuations are still searching for a bottom.

Frontier Lab Crypto Market Weekly Report|W49

Hot Tracks

( Tron ecosystem

This week, the price of TRX tokens has surged significantly, leading to a substantial increase in activity on the Tron blockchain. As the main trading chain for USDT, there has been a marked rise in on-chain activities on the Tron network.

Data on the Tron Chain:

  • TVL: Increased from 7.97B to 9.32B, a growth of 16.93%, ranking first among major public chains.
  • Active accounts: reached 3.6725 million, an increase of 18.06% compared to last week, maintaining rapid growth.
  • USDT weekly trading volume: reached $131.4 billion, an increase of 16.23% compared to last week, indicating an increase in on-chain trading activity.
  • DeFi project TVL growth: Justlend and SUN grew by 55.34% and 39.49% respectively, with funds continuously flowing into the DeFi track.

) AI Agent

The AI Agent track continues to attract attention, primarily focused on the Solana, TON, and Base chains. It is subdivided into three directions: AI Agent meme coins, AI Agent issuance platforms, and AI Agent underlying infrastructure.

Main projects include:

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

The prices of VVAIFU, VIRTUAL, and CLANKER coins have recently increased significantly, reaching a certain market capitalization. Currently, they are not listed on top exchanges and are still in the early stages.

OpenAI's recent actions have sparked market attention on the AI sector, and there may be investment opportunities in the AI sector in the next 10 days.

DeFi track

Top 5 in TVL Growth:

  1. BounceBit: 134.26%
  2. Astherus:102.65%
  3. StakeDAO:77.17%
  4. Flexa:74.51%
  5. SaucerSwap: 68.16%

Funding Status: The TVL of DeFi projects increased from $46.8 billion to $53.2 billion, an increase of 13.67%, maintaining a continuous upward trend for nearly two months.

Growth Drivers:

  • The rise in ETH prices boosts the APY of DeFi projects.
  • Investors actively participate in various DeFi projects to increase returns.
  • The liquidity staking project performed outstandingly.

Investors are advised to pay attention to the liquidity staking projects of various public chains.

![Frontier Lab Crypto Market Weekly|W49]###https://img-cdn.gateio.im/webp-social/moments-74e69f7e1ed410124e4a97733c85e936.webp###

Performance in Other Tracks

( public chain

Top 5 TVL Increase: Hedera, Zircuit, Filecoin, EOS, Kaia

Main highlights:

  • Hedera: HBAR's rise drives ecosystem development
  • Zircuit: ZRC listed on a new exchange, supported by Crypto.com
  • Filecoin: FIL rebounds, driving on-chain staking activities
  • EOS: Participate in BTC-L2, focus on on-chain ecological construction
  • Kaia: Launched a new version of Portal, starting on-chain staking activities.

) Overview of the Gainers List

Top 5 by increase: HYPE, OL, CVX, IOTA, CRV

Main features:

  • The performance of public chain tracks is outstanding.
  • DeFi projects benefit from the rise in the prices of underlying assets.
  • GameFi projects are starting to gain attention

Social Media Hot Topics

The most frequently appearing are Layer 1 projects, which generally show an upward trend, performing better than BTC and ETH.

DeFi projects in various public chain ecosystems are continuing to thrive, with both TVL and trading volume on the rise.

Overall Overview of Market Themes

Weekly Return Rate Ranking:

  1. PayFi:40.04%
  2. NFT:35.62%
  3. Depin:27.38%
  4. GameFi:26.72%
  5. DeFi:26.09%

PayFi performed the best, while SocialFi performed the worst.

![Frontier Lab Crypto Market Weekly Report|W49]###https://img-cdn.gateio.im/webp-social/moments-78e344021b77598d1f827a0175bfc1e8.webp###

Outlook for Next Week

  • Pay attention to the results of the Bitcoin investment proposal at the Microsoft shareholders' meeting.
  • U.S. CPI data may affect the Federal Reserve's expectations for a rate cut in December.
  • DeFi sector projects, especially liquid staking protocols, yield farms, and DEXs may continue to perform well.
  • The AI Agent track is in its early stage, and it is recommended to pay attention to token launch platform projects.

Investors are advised to maintain a cautious attitude and pay attention to the impact of macroeconomic data and important events.

ETH2.62%
DEFI2.67%
AGENT8.1%
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SchroedingerMinervip
· 5h ago
The main rise of the market has begun.
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