News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Summary EigenLayer's TVL increased from $250 million to $1.7 billion in just one month. The re-staking sector is witnessing extraordinary growth. However, it is important to note that, in comparison to the overall volume of LSD, the re-staking sector still has considerable room for growth. For users primarily holding ETH, depositing ETH in LSD protocols like Lido and then re-staking the acquired stETH to earn another profit presents a more advantageous strategy over the long term. Additionally, apart from the anticipated EigenLayer airdrop, projects like AltLayer will also airdrop their tokens to EigenLayer re-stakers. This could result in profits significantly surpassing initial expectations.
- 03:10The market value of USDC has broken through 50 billion US dollars, reaching a new high in nearly two yearsGolden Finance reports that over the past 22 days, a total of $4.2 billion USDC has been minted on the Solana chain. As the issuance volume increases, the current market value of USDC has exceeded $50 billion, reaching approximately $51.5 billion, setting a record high since September 2022.
- 03:09Market dynamics on January 23: BTC and altcoins generally decline; AI sector becomes the focus of the market, US stocks rise strongly, regaining upward momentumMarket Dynamics: BTC falls, as do altcoins. AI remains the main focus of the market. U.S. stocks surge, returning to an upward trend with strong performances. Market Highlights: The AI sector sees significant gains in PIPPIN, LUMO, BUZZ, SORA, MOBY, and DOGEAI. PIPPIN has recently open-sourced its framework. LUMO, an AI platform tailored for the Solana blockchain, is actively participating in hackathons. BUZZ, the winner of a Solana hackathon, is pioneering AI in decentralized finance. SORA operates as a voice assistant, MOBY functions as a whale monitoring robot similar to AIXBT, and DOGEAI is a political meme by a conspiracy group. The public blockchain SOL shows a weekly increase. The SOLBTC exchange rate strengthens. The proportion of income from crypto applications (akin to on-chain GDP): Solana accounts for 55%, Ethereum 20%, and Base 10%. The meme coins TRUMP and FARTCOIN are down for the week. There is speculation that TRUMP's emotional trajectory could mirror SHIB's initial period on leading exchanges, potentially facing several months of market correction and downtrend. The leading exchange debuts ANIME, a community token for the AZUKI NFT space, rumored to be a close-knit 'girlfriend coin.'
- 02:50BlackRock CEO: Amid concerns about currency devaluation, Bitcoin could reach $700,000PANews reported on January 23, according to Cointelegraph, BlackRock CEO Larry Fink discussed the future of digital currency in an interview at the World Economic Forum Davos meeting. He stated that due to concerns about currency devaluation, the price of Bitcoin could potentially rise to $700,000 per coin. Fink said: "A collective allocation of 2% to 5% by asset management companies may drive up the price of Bitcoin. If you are worried about currency depreciation or concerned about a country's economic or political stability, you can own an international tool - Bitcoin which can overcome these localized fears." However, he clarified that he is not promoting Bitcoin. Fink also expressed his concern that inflation might increase over the next 12 months and warned it would be dangerous to assume that inflation has peaked.