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VIPBitget VIP Weekly Research InsightsThe Solana ecosystem has shown remarkable performance this year. The 24-hour trading volume on Solana's DEXs frequently surpasses that of Ethereum, and the SOL/ETH exchange rate has steadily risen. Coinbase's recent Q3 earnings report revealed that SOL now accounts for 11% of its trading revenue, highlighting users' strong interest in trading SOL. During this market cycle, it can be advantageous to hold SOL positions. Additionally, holding SOL-based LSTs allows you to earn annualized returns that are denominated in SOL. Bitget has partnered with Solayer, Orca, Save, and Kamino to launch BGSOL, and will work to expand BGSOL's applications. With the support from Bitget, BGSOL currently offers the highest APR among SOL-based LSTs.
VIPBitget VIP Weekly Research InsightsThe AI agent concept has recently gained significant traction in the crypto space, particularly AI agent memecoins. Moving beyond theoretical ideas, AI agents are now being applied across various fields, including autonomous execution of transactions on the blockchain, complex analytics, and even automating everyday tasks. Overall, the AI agent trend in crypto demonstrates considerable growth potential and technological innovation. However, investors and tech enthusiasts are advised to balance enthusiasm with rational assessment, focusing on genuine progress and practical applications of these projects. This articles recommends two projects, VIRTUAL and OLAS, both showcasing substantial advancements and real-world use cases with strong market support.
- 17:34Galaxy CEO: Bitcoin Breaking $100,000 Inevitable, But Pullback LikelyBitcoin is on track to break the much-anticipated $100,000 mark amid a strong post-election rally in the U.S., but that doesn't mean it will continue to rise, although a six-figure price is ‘inevitable’ and could continue to rise but eventually pull back, according to Galaxy Digital founder and CEO Michael Novogratz. ‘and may continue to rise, but it will eventually pull back. There is currently a lot of leverage in the cryptocurrency market, and the crypto community is already highly leveraged, so a market correction is coming. Additionally, Michael Novogratz warned that stocks like MicroStrategy, which trade in a similar way to Bitcoin's leveraged trading, could face an even bigger correction.
- 17:32Market news: FTX restructuring plan expected to take effect in early January 2025The FTX Restructuring Plan is expected to become effective in early January 2025 and distributions may begin no later than March 2025, according to market sources.
- 17:31MERL briefly touches 0.35 USDT, up 12.55% in 24HMERL briefly touched 0.35 USDT and is now at 0.339 USDT, up 12.55% in 24H, the market showed.
