Gate Research: Solayer TVL Reaches New ATH of $434M, as U.S. Congress Addresses Digital Asset Regulation

Gate Research Weekly Report: This week, Bitcoin (BTC) showed a V-shaped recovery, reaching the $100,000 mark. In regulatory news, U.S. Senators made digital asset framework legislation a priority for the 119th Congress. Saga formed key partnerships with Virtuals and Eliza Labs to develop Metropolis, a cross-chain AI agent protocol. In technical developments, Pyth Network launched its ultra-low latency oracle, Pyth Lazer, while Solayer achieved a new total value locked (TVL) record of $434 million. The Stuttgart Stock Exchange reported that cryptocurrency trading now accounts for approximately 25% of its revenue. Looking ahead, ONDO is scheduled to unlock tokens valued at $2.41 billion on January 18th.

Market Analysis: This week, BTC showed a clear V-shaped recovery, dropping to $89,261 before entering an upward channel and testing the $100,000 level. The strongest performers were the Contract derivatives sector (up 23.4%), AI Framework ecosystem (up 17%), and Blockchain Capital and Pantera Capital Portfolios (up 14.5%) over the seven-day period.

Weekly Spotlights: U.S. Senators have prioritized developing a digital asset regulatory framework for the 119th Congress. Saga announced collaboration with Virtuals and Eliza Labs to launch the cross-chain AI agent protocol Metropolis.

Data Highlights: Solana's Layer 2 chain Solayer reached a new TVL high of $434 million, with over 12% growth in 7 days. Rate X's TVL surged 208% in 7 days, reaching $39.01 million.

Market Opportunity: This week's notable airdrop project is Henjin AI, a community-driven ecosystem built on the Layer 2 blockchain Taiko, combining DEX and Launchpad functionalities. They are currently attracting early users and supporters through airdrop activities.

What to Watch Next Week: Polyhedra will launch its Explore Expander Bootcamp on January 20th; on the same day, Trump and Vance will be sworn in. On January 24th, the U.S. will release its initial one-year inflation rate expectations for January.

Deep Dive into This Week's Review 👉🏻 Gate Research: Solayer TVL Reaches New ATH of $434M, as U.S. Congress Addresses Digital Asset Regulation

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Gate Team
January 17th, 2025