Golden Web3.0 Daily | Solana may show explosive growth next year

DeFi data

1. Total market value of DeFi tokens: US$144.947 billion

DeFi total market capitalization data source: coincko

2. The trading volume of decentralized exchanges in the past 24 hours was US$135.036 billion

Trading volume data of decentralized exchanges in the past 24 hours Source: coingecko

3. Assets locked in DeFi: $141.492 billion

Data source of the top ten locked assets of DeFi projects and locked positions: defillama

NFT data

1.NFT total market value: US$45.47 billion

NFT total market value and market capitalization top ten project data source: Coinmarketcap

2.24-hour NFT trading volume: $ 6.182 billion

NFT total market value and market capitalization top ten project data source: Coinmarketcap

3. Top NFTs in 24 hours

Top 10 NFT sales within 24 hours Data source: NFTGO

headlines

Messari predicts explosive growth for Solana in 2025

According to Messari’s 2025 Crypto Theses report, Solana is likely to have another strong year. It pointed out that Solana ecological financing in the third quarter of 2024 was US$173 million, the highest since the second quarter of 2022. Additionally, a spot SOL ETF seems increasingly inevitable. The regulatory environment will be more relaxed, potentially fueling an explosion of growth driven by institutional interest. Some analysts even predict that SOL will hit $4,000. At the same time, the Firedancer client was deployed on the Solana mainnet this year. Firedancer from Jump Trading is a high- performance validator client that optimizes transaction speed and scalability on this blockchain. The initial release will be rolled out in phases, focusing only on network layer changes, while subsequent releases should expand functionality and even further improve Solana's overall performance and reliability. Full deployment of Firedancer, scheduled for 2025, will likely significantly enhance client diversity on the SOL network, hopefully increasing liveness and security as it reduces reliance on a single client codebase. However, Messari added that the immediate impact is likely to be limited, as other client deployments will also continue to be bottlenecked, meaning it will still be some time before Firedancer unleashes its full potential.

NFT Hotspot

1. A certain whale sold PEPE worth US$2.34 million in the past 2 hours and bought 16 Fat Penguin NFTs.

Golden Finance reported that according to Onchain Lens monitoring, in the past two hours, a whale sold PEPE worth US$2.34 million and purchased 16 Fat Penguin NFTs.

DeFi Hotspot

1.Lido launches community staking tribe plan

Golden Finance reports that the liquidity staking protocol Lido announced that as part of the Lido community’s “Lifesaver” program, a new program called the “Community Staking Tribe” has been launched, aiming to bring Web3 organizations (whether companies or DAOs) to ) employees and contributors become independent Ethereum stakers. This will be achieved by authorizing them to run validating nodes using the Lido Community Staking Module (CSM). Cross- chain liquidity staking protocol and Lido Alliance member Drop will be the first organization to participate in the program, while Dappnode will serve as a staking hardware provider.

2. The address associated with the Pendle team deposited PENDLE worth US$3.47 million to CEX.

Golden Finance reported that according to OnchainLens monitoring, 20 minutes ago, the wallet address associated with the Pendle team sent 562,500 PENDLEs worth $3.47 million to Binance.

3.Bybit will terminate withdrawal and custody services in France starting from January 8, 2025

Golden Finance reports that Bybit announced that it will terminate its withdrawal and custody services in France starting from January 8, 2025. After January 8, 2025, users with asset values ​​​​of 10 USDC or less will be charged a 10 USDC fee and their services will be closed. account. For users with assets over 10 USDC, BYBIT will initiate a transfer of any remaining funds to Coinhouse and subsequent withdrawals will need to be processed through their platform.

4.IntoTheBlock: There is significant buying demand for Ethereum below $4,000

Golden Finance reported that IntoTheBlock data showed that ETH formed a strong support below the price of $4,000. The agency pointed out that approximately 7.2 million ETH were bought at a price range just below $4,000, indicating significant buying demand at this price. This demand is expected to support Ethereum above $4,000.

5.Sui Foundation launches new RFP funding program proposal to support DeepBook development

Golden Finance reported that recently, the Sui Foundation announced the launch of an RFP request for proposal plan for the DeepBookon protocol to enhance its value to the Sui community by funding projects that promote protocol upgrades. The program aims to encourage innovative development that meets the needs of the Sui ecosystem and DeepBook through direct financial support, and promote community cooperation and technological progress. This proposal will close on December 31, 2024.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.