Golden Web3.0 Daily | USDC market value exceeds 50 billion US dollars

DeFi data

1. Total market value of DeFi tokens: US$120.589 billion

DeFi total market capitalization data source: coincko

2. The trading volume of decentralized exchanges in the past 24 hours was $8.168 billion

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

3. Assets locked in DeFi: $121.497 billion

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

NFT data

1.NFT total market value: US$32.647 billion

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

2.24-hour NFT trading volume: $ 2.933 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

The market value of USDC exceeded US$50 billion, reaching a new high in the past two years

A total of US$4.2 billion USDC has been minted on the Solana chain in the past 22 days. As the number of additional issuances increases, the current market value of USDC has exceeded US$50 billion, touching approximately US$51.5 billion, setting a record since September 2022.

MEME Hotspot

1.Binance.US has listed TRUMP

Golden Finance reported that Binance.US announced that OFFICIAL TRUMP (TRUMP) is now online.

2. CryptoQuant: Total TRUMP spot trading volume reached US$38 billion, with Binance accounting for US$16 billion.

According to news on January 23, according to CryptoQuant data, since its release, TRUMP’s total spot trading volume has reached US$38 billion, of which Binance dominates the spot trading volume, reaching US$16 billion. The closing price of the TRUMP token on January 19, 2025 was $62, an increase of 82% from the closing price of the first day of trading on January 17. Its current price is approximately $39.

3.Vine Lianchuang: Will never participate in any Meme coins

Golden Finance reported that Vine co-founder Dom Hofmann posted on social media that he has not participated in (VINE) and will never participate in any Meme coins. According to previous news, Rus Yusupov, one of the co-founders of Vine, launched Vine’s Meme coin of the same name, with a market value exceeding US$200 million. The short video platform Vine was co-founded by the three founders Dom Hofmann, Rus Yusupov and Colin Kroll (deceased). In October 2012, it was acquired by Te (now named X).

DeFi Hotspot

1. The monthly DEX trading volume on Solana exceeded US$200 billion

Golden Finance reported that according to DeFilama data, Solana became the first blockchain in history to have a DEX monthly trading volume exceeding US$200 billion. So far, Solana DEX’s January trading volume has reached US$201.9 billion.

2. Ethereum researcher Justin Drake published an article discussing "native rollups", which is expected to achieve trustless expansion.

According to news on January 23, Ethereum researcher Justin Drake posted an article on the ethresearch forum to discuss a new rollup design "native rollups". In short, it relies on the Ethereum L1 validator for proofs, i.e. state transition functions and verification. This is in contrast to Optimism Rollup (e.g. Optimism, Arbitrum) or zk-Rollup (e.g. Starknet, ZKsync), which push the computational burden of execution to L2 and then rely on fraud or zk proof systems to generate state roots and proofs, and re- Back to mainnet. Drake's proposal suggests introducing "execution" precompilations (hardcoded functions in the EVM) that will verify EVM state transitions for user transactions. Native rollups achieve the following two breakthroughs: It is no longer necessary to invest and maintain expensive miner prover networks and dedicated GPU hardware, because the proofs will be processed and executed by L1 validators; It is no longer necessary to maintain a complex governance structure, including a trusted security committee to approve contract upgrades to achieve EVM equivalence. This actually makes native rollup "trustless" by inheriting the security of Ethereum L1.

3. The decentralized autonomous organization Newton DAO was officially launched

According to news on January 23, the decentralized autonomous organization Newton DAO was officially launched today. Newton DAO was completely co- initiated and promoted by NEW token holders. With the Newton founding team stepping down from management positions, the community now has full control over the development direction of the project. Newton DAO is committed to promoting innovation and applications in the fields of global payments, decentralized finance (DeFi), and RWA. By leveraging blockchain technology and smart contracts, Newton DAO aims to achieve sustainable growth and promote collaboration within the community. This community-driven project puts governance in the hands of token holders, ensuring transparency and inclusivity. Through a decentralized decision-making mechanism and automated smart contracts, Newton DAO eliminates intermediate links and builds a self- sustaining ecosystem. Newton DAO will announce its development plans and milestones soon.

4.Plume staking protocol Nest has integrated Opentrade

Golden Finance reports that Plume Network’s flagship staking protocol Nest has integrated RWA lending and stablecoin platform Opentrade. This integration will allow Nest users to deposit stablecoins into Nest’s income-based vault while also receiving income generated from Open Trade’s high-quality financial assets.

5.TON Core releases roadmap for the first half of 2025: including Accelerator mainnet upgrade, etc.

According to official news on January 23, TON Core released a roadmap for the first half of 2025. The main contents include: Accelerator main network upgrade; new tools for verifiers; new version of Toncenter API with new features; user experience ( UX) guide and cooperation with leading community products DeDust, MyTonWallet, TonScan, TON Diamond, Stakee; Release of Layer2 payment network; Sidechain research; TOLK New version of the 1.0 programming language, including structure, pattern matching and smart contract interfaces; assisting in launching TON BTC Teleport.

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.