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- Bitget Research: GBTC Sees Total Outflows of $2.2 Billion, Ethereum Sepolia Testnet to Fork on January 30
Bitget Research: GBTC Sees Total Outflows of $2.2 Billion, Ethereum Sepolia Testnet to Fork on January 30
In the past 24 hours, many new popular tokens and topics have emerged in the market, and perhaps they will be the next focus of the market.
In Summary:
1.Popular Tokens:
LIGO (Token) - A BRC-20 token with the Bitcoin Layer 2 concept, Ligo was deployed on December 3, 2023. It has recently experienced a sudden surge in minting activity, with the holder count surpassing 12,000. The minting phase has been completed. The BRC-20 token LIGO has shown decent performance in the secondary market and its future trend will depend on the progress of the project's development.
AUCTION (Token) - The token of Bounce Finance, which recently concluded the PORT3 initial offering. The biggest participant, identified as 0xf53f, made a profit of $9455. However, the price of AUCTION has fallen by 35%. Consequently, users holding spot tokens during the initial offering may not have made a profit.
ZUZALU (Token) - A memecoin capitalizing on a tweet from Vitalik Buterin. After its TGE in March, it briefly surged and then fell, followed by a period of inactivity. It recently experienced a sudden 40x increase in value within 24 hours and after a day's pullback surged again to a new high. It is currently down more than 60% from its recent high.
ONDO (Token) - Coinbase has listed Ondo Finance (ONDO) on its token listing roadmap. BlockBeats reported yesterday that the Ondo Finance token became tradable on January 18. The launch of the token has generated significant interest due to the rising demand for trading.
PENDLE (Token) - Recently, Pendle added LRT asset components, enabling users to gain more benefits related to LRT. The product's continuous iteration has received positive feedback from the community. Pendle's price has reached a new all-time high, with its product capabilities and rapid development also being recognized by speculative capital.
2.Popular NFTs:
Pudgy Penguins (NFT) - The Pudgy Penguins project is partnering with one of Asia's largest IPs, Old Master Q, to celebrate its 60th anniversary and welcome the Chinese Year of the Dragon. The floor price of the NFTs surpassed 18 ETH, with a daily increase of 23% and a 7-day increase of 72.84%.
3.Popular DApps:
BananaGun (DApp) - The Telegram Bot project, Banana Gun, has announced that its bot service has been launched on the Solana Network, with new features to be continually added following testing. Banana Gun has also established a collaboration with Jito. The project is currently in the testing phase for sniping and in-house limit order features.
Maverick Protocol (DApp) - Binance Wallet recently announced airdrop incentives for wallets providing liquidity on Maverick Protocol, leading to widespread participation among on-chain players.
QnA3.AI (DApp) - A Web3 knowledge-sharing platform based on AI, QnA3.AI has garnered widespread attention on the BNB Chain. The project has initiated a data mining mode, where users can join and use idle computing resources on their devices for tasks like data cleaning and scraping. Contributors of computing power are rewarded with points.
Turnup (DApp) - Turnup, a Web3 social gaming ecosystem, has seen continuous growth in on-chain transaction data, ranking high on the Polygon DApps daily active users chart. The project team promised in a tweet that once they rank first on the daily active users chart, they will host an AMA with Polygon founder Sandeep Nailwal.
Merkly (DApp) - Merkly is a multifunctional omnichain platform, aiming to simplify bridging through the groundbreaking technology of LayerZero. The purpose of the refuel contract is to provide gas fees for chains without gas by using a swap and cross-chain method.
Wormhole (DApp) - The cross-chain infrastructure Wormhole announced the launch of Wormhole Queries, a cross-chain instant data retrieval service. This service enables application developers to extract any on-chain data on demand. Wormhole indicates that compared to the push model, Queries offers less than 1-second latency and can reduce gas fees by 84%. The project has not yet launched its token, making it an essential one to keep on your radar.
XAI (DApp) - Users can participate in challenges related to protocol validation and assertion by creating Xai Sentry Nodes. They can earn corresponding rewards based on the Sentry's state permission ID, the number of state roots, and fully determined successor state roots.
Odos (DApp) - The Odos Protocol stands out as the first Dex aggregator that allows users to swap multiple tokens for a single asset in one atomic transaction. This system facilitates the exchange of a basket of input tokens for the desired output in one go, saving on gas fees and mitigating market volatility.
Dmail (DApp) - Dmail is a mail application based on Web 3.0 and Dfinity technology, integrating NFT functionality and distributed storage, with each account itself being an NFT. This project aims to bridge the gap between traditional email systems and blockchain-based email systems, thereby lowering the barrier for users and developers to engage with the crypto world. The design philosophy of Dmail is to make the use of blockchain technology as simple and intuitive as using the internet.
Fantv (DApp) - FanTV is a decentralized video streaming platform aimed at revolutionizing the entertainment industry by incentivizing both creators and viewers. On FanTV, creators become owners of the platform, and users are rewarded for supporting and sharing content.
Arbitrum (DApp) - The Arbitrum Foundation, in partnership with Offchain Labs, has announced the launch of the new Arbitrum Expansion Program and the Arbitrum Developers Association. The program will offer teams interested in launching projects on the Arbitrum technology chain a more convenient self-service path, enabling them to join the expansion program and launch their custom Arbitrum Orbit chains. This means any project can deploy its own customized version of the Arbitrum technology stack.
RabbitHole (DApp) - RabbitHole aggregates all tasks offered through the Quest Protocol, enabling users to earn tokens by engaging with crypto applications.
Memeland (DApp) - Last week, Memeland announced upcoming mining rewards. Over four million accounts have joined the mining activity. To filter out bots and prevent unfair advantage practices, each address must hold at least 69 MEME tokens and pass two CAPTCHA human verification tests. Users have approximately seven days to complete these compulsory quests.
Smart Cats (DApp) - An NFT project launched by Smart Layer, which has very high on-chain popularity. Users can interact with Smart Cats NFTs by feeding, cleaning, and other activities. The NFTs have a very high level of interaction. Smart Layer's official "Airdrop Confirmed" announcement hints at an upcoming airdrop and TGE.
4.Twitter Hot Topics:
No data for this segment today due to anomalies in the data source.
5.Regional Trending Searches:
MANTA (Token) - Manta Network's token has officially been listed on major exchanges, with a market cap surpassing $2 billion and a total trading volume of $880 million. The TVL on the Manta Chain has reached $415 million, showing a 30-day growth of 871%. This growth places it 10th in the ranking, surpassing Base and generating considerable interest. During this period, the network suffered a DDoS attack, leading to a significant backlog of recent transactions, resulting in longer transaction times and an impact on gas fees. The team has stated that they are working to resolve the issue.
Main Body
Written by: Bitget Research
Data collection time: January 19, 10:30 AM
Data sources: Dune, DApps, Twitter, Google
Note:
1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain.
2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours.
3) DApp daily activity (UAW: unique active wallets)
4) TGE (Token Generation Event)
5) In this report, the term "Entity" refers to both Contract Account (CA) and Ethereum Original Account (EOA), and is not a result of the aggregation of actual entity addresses.
1.BTC Profile - BRC-20
LIGO (Token) - A BRC-20 token with the Bitcoin Layer 2 concept, Ligo was deployed on December 3, 2023. It has recently experienced a sudden surge in minting activity, with the holder count surpassing 12,000. The minting phase has been completed. The BRC-20 token LIGO has shown decent performance in the secondary market and its future trend will depend on the progress of the project's development.
2.Blockchain Profile - ETH Chain
2.1 User Profile
2.1.1 Core Data
Total active users on ETH: 442,111
New active users on ETH: 95,315, with a daily increase of 10.61%
Existing active users on ETH: 346,796, with a daily increase of 7.23%
2.1.2 New User Profile
Core data: There were a total of 95,315 new active users on ETH yesterday, with a daily increase of 10.61%
Popular Sectors
Popular Projects
Key Projects:
AUCTION (Token) - The token of Bounce Finance, which recently concluded the PORT3 initial offering. The biggest participant, identified as 0xf53f, made a profit of $9455. However, the price of AUCTION has fallen by 35%. Consequently, users holding spot tokens during the initial offering may not have made a profit.
2.1.3 Existing User Profile
Core data: The number of ETH active existing users is 346,796, with a daily increase of 7.23%
Popular Sectors
Popular Projects
Key Projects:
BananaGun (DApp) - The Telegram Bot project, Banana Gun, has announced that its bot service has been launched on the Solana Network, with new features to be continually added following testing. Banana Gun has also established a collaboration with Jito. The project is currently in the testing phase for sniping and in-house limit order features.
2.2 Popular Trading Pairs
2.2.1 Uniswap V2
ZUZALU (Token) - A memecoin capitalizing on a tweet from Vitalik Buterin. After its TGE in March, it briefly surged and then fell, followed by a period of inactivity. It recently experienced a sudden 40x increase in value within 24 hours and after a day's pullback surged again to a new high. It is currently down more than 60% from its recent high.
2.2.2 Uniswap V3
ONDO (Token) - Coinbase has listed Ondo Finance (ONDO) on its token listing roadmap. BlockBeats reported yesterday that the Ondo Finance token became tradable on January 18. The launch of the token has generated significant interest due to the rising demand for trading.
2.3 Popular NFTs
2.3.1 Top NFT Collections
Pudgy Penguins (NFT) - The Pudgy Penguins project is partnering with one of Asia's largest IPs, Old Master Q, to celebrate its 60th anniversary and welcome the Chinese Year of the Dragon. The floor price of the NFTs surpassed 18 ETH, with a daily increase of 23% and a 7-day increase of 72.84%.
3.Blockchain Profile - BSC
3.1 User Profile
3.1.1 Core Data
Total active users on BSC: 1,305,496
New active users on BSC: 192,043, with a daily increase of 7.78%
Existing active users on BSC: 1,113,453, with a daily increase of 3.28%
3.1.2 New User Profile
Core data: There were a total of 192,043 new active users on BSC yesterday, with a daily increase of 7.78%
Popular Sectors
Popular Projects
Key Projects:
Maverick Protocol (DApp) - Binance Wallet recently announced airdrop incentives for wallets providing liquidity on Maverick Protocol, leading to widespread participation among on-chain players.
3.1.3 Existing User Profile
Core data: The number of BSC active existing users is 1,113,453, with a daily increase of 3.28%
Popular Sectors
Popular Projects
Key Projects:
QnA3.AI (DApp) - A Web3 knowledge-sharing platform based on AI, QnA3.AI has garnered widespread attention on the BNB Chain. The project has initiated a data mining mode, where users can join and use idle computing resources on their devices for tasks like data cleaning and scraping. Contributors of computing power are rewarded with points.
3.2 Popular Trading Pairs
3.2.1 PancakeSwap V2
Various replica tokens using tickers of popular projects slated for imminent token launches have emerged on the BSC.
4.Blockchain Profile - Polygon Chain
4.1 User Profile
4.1.1 Core Data
Total active users on Polygon: 609,047
New active users on Polygon: 132,988, with a daily increase of 8.50%
Existing active users on Polygon: 476,059, with a daily increase of 2.00%
4.1.2 New User Profile
Core data: There were a total of 132,988 new active users on Polygon yesterday, with a daily increase of 8.50%
Popular Sectors
Popular Projects
Key Projects:
Turnup (DApp) - Turnup, a Web3 social gaming ecosystem, has seen continuous growth in on-chain transaction data, ranking high on the Polygon DApps daily active users chart. The project team promised in a tweet that once they rank first on the daily active users chart, they will host an AMA with Polygon founder Sandeep Nailwal.
4.1.3 Existing User Profile
Core Data: The number of Polygon active existing users is 476,059, with a daily increase of 2.00%
Popular Sectors
Popular Projects
Key Projects:
Merkly (DApp) - Merkly is a multifunctional omnichain platform, aiming to simplify bridging through the groundbreaking technology of LayerZero. The purpose of the refuel contract is to provide gas fees for chains without gas by using a swap and cross-chain method.
4.2 Popular Trading Pairs
4.2.1 Uniswap V3
There are no particularly popular tokens on the Polygon Chain.
5.Blockchain Profile - Arbitrum Chain
5.1 User Profile
5.1.1 Core Data
Total Active Users on Arbitrum: 166,863
New Active Users on Arbitrum: 29,278, with a daily increase of 3.70%
Existing Active Users on Arbitrum: 137,585, with a daily decrease of 0.03%
5.1.2 New User Profile
Core data: There were a total of 29,278 new active users on Arbitrum yesterday, with a daily increase of 3.70%
Popular Sectors
Popular Projects
Key Projects:
Wormhole (DApp) - The cross-chain infrastructure Wormhole announced the launch of Wormhole Queries, a cross-chain instant data retrieval service. This service enables application developers to extract any on-chain data on demand. Wormhole indicates that compared to the push model, Queries offers less than 1-second latency and can reduce gas fees by 84%. The project has not yet launched its token, making it an essential one to keep on your radar.
5.1.3 Existing User Profile
Core data: The number of Arbitrum active existing users is 137,585, with a daily decrease of 0.03%
Popular Sectors
Popular Projects
Key Projects:
XAI (DApp) - Users can participate in challenges related to protocol validation and assertion by creating Xai Sentry Nodes. They can earn corresponding rewards based on the Sentry's state permission ID, the number of state roots, and fully determined successor state roots.
5.2 Popular Trading Pairs
5.2.1 Uniswap V3
PENDLE (Token) - Recently, Pendle added LRT asset components, enabling users to gain more benefits related to LRT. The product's continuous iteration has received positive feedback from the community. Pendle's price has reached a new all-time high, with its product capabilities and rapid development also being recognized by speculative capital.
6.Blockchain Profile - Base Chain
6.1 User Profile
6.1.1 Core Data
Total Active Users on Base: 67,704
New Active Users on Base: 9,830, with a daily decrease of 17.28%
Existing Active Users on Base: 57,874, with a daily decrease of 2.24%
6.1.2 New User Profile
Core data: There were a total of 9,830 new active users on Base yesterday, with a daily decrease of 17.28%
Popular Sectors
Popular Projects
Key Projects:
Odos (DApp) - The Odos Protocol stands out as the first Dex aggregator that allows users to swap multiple tokens for a single asset in one atomic transaction. This system facilitates the exchange of a basket of input tokens for the desired output in one go, saving on gas fees and mitigating market volatility.
6.1.3 Existing User Profile
Core data: The number of Base active existing users is 57,874, with a daily decrease of 2.24%
Popular Sectors
Popular Projects
Key Projects:
Dmail (DApp) - Dmail is a mail application based on Web 3.0 and Dfinity technology, integrating NFT functionality and distributed storage, with each account itself being an NFT. This project aims to bridge the gap between traditional email systems and blockchain-based email systems, thereby lowering the barrier for users and developers to engage with the crypto world. The design philosophy of Dmail is to make the use of blockchain technology as simple and intuitive as using the internet.
7. DApp Ecosystem - All Chains
UAW fluctuations of all the projects are within the normal range.
8.DApp Ecosystem - ETH Chain
UAW fluctuations of all the projects are within the normal range.
9.DApp Ecosystem - BSC
Mobox - There have been no special promotions recently.
10.DApp Ecosystem - Polygon Chain
Fantv (DApp) - FanTV is a decentralized video streaming platform aimed at revolutionizing the entertainment industry by incentivizing both creators and viewers. On FanTV, creators become owners of the platform, and users are rewarded for supporting and sharing content.
11.DApp Ecosystem - Solana Chain
UAW fluctuations of all the projects are within the normal range.
12.DApp Ecosystem - Arbitrum Chain
RabbitHole (DApp) - RabbitHole aggregates all tasks offered through the Quest Protocol, enabling users to earn tokens by engaging with crypto applications.
13.DApp Ecosystem - Base Chain
Friend.tech - The base number is too small, resulting in no significant fluctuations.
14.DApp Ecosystem - GameFi Sector Across All Chains
UAW fluctuations of all the projects are within the normal range.
15.Gas Fee Consumption - ETH Chain
Memeland (DApp) - Last week, Memeland announced upcoming mining rewards. Over four million accounts have joined the mining activity. To filter out bots and prevent unfair advantage practices, each address must hold at least 69 MEME tokens and pass two CAPTCHA human verification tests. Users have approximately seven days to complete these compulsory quests.
16.Gas Fee Consumption - BSC
QnA3.AI (DApp) - A Web3 knowledge-sharing platform based on AI, QnA3.AI has garnered widespread attention on the BNB Chain. The project has initiated a data mining mode, where users can join and use idle computing resources on their devices for tasks like data cleaning and scraping. Contributors of computing power are rewarded with points.
17.Gas Fee Consumption - Polygon Chain
Smart Cats (DApp) - An NFT project launched by Smart Layer, which has very high on-chain popularity. Users can interact with Smart Cats NFTs by feeding, cleaning, and other activities. The NFTs have a very high level of interaction. Smart Layer's official "Airdrop Confirmed" announcement hints at an upcoming airdrop and TGE.
18.Gas Fee Consumption - Arbitrum Chain
Arbitrum (DApp) - The Arbitrum Foundation, in partnership with Offchain Labs, has announced the launch of the new Arbitrum Expansion Program and the Arbitrum Developers Association. The program will offer teams interested in launching projects on the Arbitrum technology chain a more convenient self-service path, enabling them to join the expansion program and launch their custom Arbitrum Orbit chains. This means any project can deploy its own customized version of the Arbitrum technology stack.
19.Gas Fee Consumption - Base Chain
Aerodrome Finance (DApp) - Aerodrome is an emerging automated market maker (AMM) protocol aimed to become the central liquidity hub for Coinbase's Layer 2 chain, Base. The aerodrome's design is inspired by the Velodrome V2 model to incentivize liquidity on the protocol. Despite past collaborations, Aerodrome operates independently of Velodrome. AERO, Aerodrome's utility and governance token, allows holders to lock their tokens and receive veAERO NFTs and voting power based on the lock-up period.
20.Top Trending Tokens on Twitter
No data for this segment today due to anomalies in the data source.
21.Google Trends - Global
MANTA (Token) - Manta Network's token has officially been listed on major exchanges, with a market cap surpassing $2 billion and a total trading volume of $880 million. The TVL on the Manta Chain has reached $415 million, showing a 30-day growth of 871%. This growth places it 10th in the ranking, surpassing Base and generating considerable interest. During this period, the network suffered a DDoS attack, leading to a significant backlog of recent transactions, resulting in longer transaction times and an impact on gas fees. The team has stated that they are working to resolve the issue.
22.Google Trends Surge - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan
a) South Asia Region
India Trends: STC, NEO, RNDR
Pakistan Trends: MANTA, ICE
b) Southeast Asia Region
Malaysia Trends: MANTA, LUNC
Philippines Trends: ICE, XAI, MANTA
Singapore Trends: SEI, MANTA, Autonolas
Indonesia Trends: DOGE, Grayscale, VELO
Vietnam Trends: Airdrop
c) East Asia
Trends: Crypto wallet, Jump, News
23.Google Trends Surge - English-speaking Countries, Europe, CIS Region
a) CIS Region
Trends: MANTA, News
b) English-speaking Countries
USA Trends: Scroll, LUNC, MANTA, CBDC, CULO
Australia Trends: DOGE, MANTA, Satoshivm, MYRIA, China Crypto, SHIB, RUNE, SHIDO, ORCA
Canada Trends: SATS, Phantom, EOS, XEQT, VRA, Dextools
UK Trends: Moonriver, MANTA, AURORA, MEX, BAX
c) Europe
Poland Trends: AVAX, Hedera, MANTA, TRON
France Trends: UCO, CBDC, ALT, SHIB, XDC, MOVR, Altlayer, DASH
Switzerland Trends: XRP, MANTA, PI, ICP, SHIB
Türkiye Trends: BTC
Italy Trends: LUNA, MANTA, KASPA
Spain Trends: MANTA, BTC
24.Google Trends Surge - Middle East, Latin America, Africa
a) Africa
South Africa Trends: BTC, MANTA, ETH
Nigeria Trends: ICE, MANTA, COSMOS
b) Middle East
UAE Trends: News, BTC, MANTA, SOL, ICP
Saudi Arabia Trends: News
c) Latin America
Brazil Trends: SEI, ARB, XLM, LUNC, AVAX, SHIB, BONK, STX
Argentina Trends: ALGO, Satoshi, AAVE, MANTA, GALA, ARB, USTC
Mexico Trends: MANTA, DYDX
Chile Trends: MANTA
Reference Links
Dune On-Chain Data Dashboard - Blockchain Profile: https://dune.com/bitgetresearch/bitgetreseach-chains-overview
Dune On-Chain Data Dashboard - Gas Consumption: https://dune.com/bitgetresearch/gas-overview