Crypto Assets Market Trends and Hot Projects

Macroeconomic Environment

The probability of the US Solana ETF being approved in 2025 may exceed 86%. The research director at VanEck believes that this prediction is still underestimated. In June 2024, multiple institutions will apply to list a spot Solana ETF. As the market's attention on Crypto Assets ETFs increases, more Crypto Assets ETFs are expected to be launched successively. If the Solana ETF is successfully approved, it will need to adopt a trust structure similar to that of Bitcoin and Ethereum ETFs, and avoid being classified as securities.

Recently, Musk raised the issue of taxation on crypto transactions on social media, sparking widespread discussion. He discussed the problems of short-term capital gains tax and gas fee deductions using a client's case as an example. This statement led to a 124% surge in a certain crypto asset within a short period. This coin aims to reform the adult content industry and was launched in April 2021.

Web3 Field Dynamics

Delphi researchers released their 2025 Crypto Assets market forecast. They believe that as the MEV supply chain matures, competition among exchanges and validators will intensify, but the front end will still maintain a monopoly position. The total market value of the DePIN market is expected to grow fivefold, stablecoins will become a true medium of exchange, and active addresses are expected to exceed 50 million. The boundaries between wallets and applications will become increasingly blurred, and the importance of general-purpose L2s in chain abstraction applications may decrease.

The Ethereum charity fund set a historical record with the largest transaction, selling 3,690 coins for 12.47 million USD. This ETH came from an early investor who acquired 100,000 coins at the genesis block. Currently, he still holds 85,000 coins, valued at approximately 293.8 million USD. This transaction has sparked market interest in Ethereum.

Hot Projects

With the rise of a certain AI agent on the Crypto Assets social platform, its market value has reached $600 million, drawing attention to its data aggregation technology. At the same time, as a data aggregation infrastructure provider, CookieDAO and its token are also in the spotlight. As the demand for data increases among human and AI users, the value of data aggregation has significantly risen. CookieDAO supports AI agents by aggregating data sources, and although its market value is only $32 million, its potential is immense.

ZAILGO is an open-source AI agent and machine learning model platform, integrating the Solana blockchain and vector database, supporting CI/CD with Kubernetes and Docker. The project was launched by well-known developers, with a market value that once exceeded $70 million, reaching an all-time high, with a 24-hour increase of 208%.

Market Sector Analysis

According to the data, the current market hotspots are mainly concentrated in areas such as AI, DeFi, and infrastructure. The performance within these sectors varies, with some projects showing significant increases, reflecting investors' optimism about specific technologies and application scenarios. However, the market still experiences volatility, and investors need to carefully assess risks.