Bitget Research: U.S. SEC Delays Approval of BlackRock Ethereum ETF, Inscription Token SATS Continues to Decline

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:

PENDLE (Token) - On January 11, Pendle announced the launch of its liquid staking token (LST) eETH on Ether.fi, entering the re-staking/LRTfi field. Pendle LPs depositing eETH will continue to receive all native rewards for eETH, including EigenLayer points, Ether.fi loyalty points, ETH staking yield, and re-staking yield. Pendle's TVL has increased by over $100 million in less than half a month, with its price continuously reaching new highs and demonstrating a counter-trend rise.

SATS (Token) - Following the launch of the spot Bitcoin ETF, BTC experienced a pullback. The leading inscription token, SATS, briefly saw a substantial decrease with its starting digit falling from 4 to 3. It has an on-chain trading volume of only $75,000, indicating low short-term trading sentiment.

TRUMP (Token) - Influenced by the U.S. presidential election, both Trump-themed and Biden-themed tokens have gained community attention. The leading token, TRUMP, briefly approached a market cap of $100 million, with a 24-hour on-chain trading volume of $4 million, showing high interest.

SAVM (Token) - The SatoshiVM project and IDO platform Ape Terminal found themselves embroiled in mutual accusations. SAVM experienced a brief 10x increase upon its secondary market launch, pushing its market cap above $100 million. The token's price dropped by over 30% due to the passage of time, with a 24-hour on-chain trading volume of $40 million.

2.Popular NFTs:

Early Retired Cats Club (NFT) - A PFP NFT project from the World of Cats Soup, a mobile game with over 34 million downloads. ERCC consists of 1930 cat NFTs, issued for free. The current floor price is 0.122 ETH, with a 24-hour trading volume of 79 ETH.

3.Popular DApps:

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.

Playbux (DApp) - Playbux is a project that combines e-commerce with a metaverse platform. It offers a store and profit system that allows users to shop from global merchants and earn cashback rewards. The platform aims to integrate existing exchanges, lending platforms, and NFTs so customers can access all services in one place. By leveraging mobile accessibility, Playbux positions itself as the most accessible metaverse where users can earn Playbux tokens by receiving cashback on any purchase.

MakerDAO (DApp) - Maker announced the removal of RETH-A from its treasury, with the RETH-A maximum debt ceiling reduced to zero. Once all parameters are changed and deployed to the Maker protocol, all RETH-A positions with a collateralization ratio below 10,000% will be liquidated. Spark continues to offer rETH as a collateral asset, with a free supply limit of around 40,000 rETH.

Gas Hero (DApp) - Gas Hero, developed by the former StepN team, is a Web3 social and strategy game. Unlike traditional games, Gas Hero strongly emphasizes game theory, offering players richer strategies and utilizing decentralized trading platforms to maximize the transparency of on-chain data. The game has just launched, and the in-game NFT trading is active.

Woofi (DApp) - The cryptocurrency trading platform WOO X completed a $9 million financing round to improve liquidity. Investors include Wintermute, Time Research, Presto Labs, Pulsar, AlphaLab Capital, Efficient Frontier, Amber, and Riverside Hedge. Only market makers, rather than traditional venture capital funds, participated in this round, to boost WOO X's liquidity.

Aerodrome (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 Velodrome V2 model inspires the aerodrome's design to incentivize liquidity on the protocol, with some team members coming from 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. Following Coinbase's announcement to list AERO and VELO tokens yesterday, AERO surged nearly 100%.

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. Dmail Network revealed its tokenomic model, with a total of 200 million DMAIL. 6% of these tokens will be used for airdrops, and the token is set to launch on OKX Jumpstart.

RabbitHole (DApp) - RabbitHole has recently aggregated all tasks offered through the Quest Protocol, enabling users to earn tokens by engaging with crypto applications. The project is experiencing high levels of interaction, which may be related to a potential token launch, making it an attractive option for engagement.

Orbiter Finance (DApp) - On January 11, the cross-chain bridge project Orbiter Finance announced on X that it will launch its native token this year to thank its loyal community. The project will gradually unveil the tokenomics and distribution plan, ensuring a fair process. The O-Points program will play a crucial role in establishing airdrop rules. Orbiter is currently hosting a promotion that requires completing bridging assets to the Manta Chain to earn O-Points.

4.Twitter Hot Topics:

No data for this segment today due to anomalies in the data source.

5.Regional Trending Searches:

MANTA (Token) - The significant rise in MANTA's price has drawn attention. MantaPacific's TVL has surpassed $1.5 billion, with more than 10 million transactions, and over 731,000 wallet addresses.

Arkham (DApp) - Due to the recent market focus on the outflows of Grayscale's GBTC and various whale wallet transfers, intelligence provided by the on-chain data analysis platform Arkham has gained significant market attention, with numerous media outlets citing its reports.

Main Body

Written by: Bitget Research

Data collection time: January 25, 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

SATS (Token) - Following the launch of the spot Bitcoin ETF, BTC experienced a pullback. The leading inscription token, SATS, briefly saw a substantial decrease with its starting digit falling from 4 to 3. It has an on-chain trading volume of only $75,000, indicating low short-term trading sentiment.

2.Blockchain Profile - ETH Chain

2.1 User Profile

2.1.1 Core Data

Total active users on ETH: 436,593

New active users on ETH: 90,870, with a daily increase of 9.67%

Existing active users on ETH: 345,723, with a daily decrease of 3.13%

2.1.2 New User Profile

Core data: There were a total of 90,870 new active users on ETH yesterday, with a daily increase of 9.67%

Popular Sectors

Popular Projects

Key Projects:

Early Retired Cats Club (NFT) - A PFP NFT project from the World of Cats Soup, a mobile game with over 34 million downloads. ERCC consists of 1930 cat NFTs, issued for free. The current floor price is 0.122 ETH, with a 24-hour trading volume of 79 ETH.

2.1.3 Existing User Profile

Core data: The number of ETH active existing users is 345,723, with a daily decrease of 3.13%

Popular Sectors

Popular Projects

Key Projects:

No special projects.

2.2 Popular Trading Pairs

2.2.1 Uniswap V2

TRUMP (Token) - Influenced by the U.S. presidential election, both Trump-themed and Biden-themed tokens have gained community attention. The leading token, TRUMP, briefly approached a market cap of $100 million, with a 24-hour on-chain trading volume of $4 million, showing high interest.

2.2.2 Uniswap V3

SAVM (Token) - The SatoshiVM project and IDO platform Ape Terminal found themselves embroiled in mutual accusations. SAVM experienced a brief 10x increase upon its secondary market launch, pushing its market cap above $100 million. The token's price dropped by over 30% due to the passage of time, with a 24-hour on-chain trading volume of $40 million.

2.3 Popular NFTs

2.3.1 Top NFT Collections

Azuki (NFT) - The recent increase in Azuki's trading volume and price is significantly linked to its recent collaboration with anime IP. Additionally, after a period of ownership turnover within the community, the remaining members are all diamond-handed.

3.Blockchain Profile - BSC

3.1 User Profile

3.1.1 Core Data

Total active users on BSC: 1,401,509

New active users on BSC: 214,562, with a daily increase of 11.18%

Existing active users on BSC: 1,186,947, with a daily increase of 7.13%

3.1.2 New User Profile

Core data: There were a total of 214,562 new active users on BSC yesterday, with a daily increase of 11.18%

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.

3.1.3 Existing User Profile

Core data: The number of BSC active existing users is 1,186,947, with a daily increase of 7.13%

Popular Sectors

Popular Projects

Key Projects:

Playbux (DApp) - Playbux is a project that combines e-commerce with a metaverse platform. It offers a store and profit system that allows users to shop from global merchants and earn cashback rewards. The platform aims to integrate existing exchanges, lending platforms, and NFTs so customers can access all services in one place. By leveraging mobile accessibility, Playbux positions itself as the most accessible metaverse where users can earn Playbux tokens by receiving cashback on any purchase.

3.2 Popular Trading Pairs

3.2.1 PancakeSwap V2

There are no particularly popular tokens on BSC.

4.Blockchain Profile - Polygon Chain

4.1 User Profile

4.1.1 Core Data

Total active users on Polygon: 654,463

New active users on Polygon: 131,508, with a daily decrease of 12.44%

Existing active users on Polygon: 522,955, with a daily increase of 7.85%

4.1.2 New User Profile

Core data: There were a total of 131,508 new active users on Polygon yesterday, with a daily decrease of 12.44%

Popular Sectors

Popular Projects

Key Projects:

MakerDAO (DApp) - Maker announced the removal of RETH-A from its treasury, with the RETH-A maximum debt ceiling reduced to zero. Once all parameters are changed and deployed to the Maker protocol, all RETH-A positions with a collateralization ratio below 10,000% will be liquidated. Spark continues to offer rETH as a collateral asset, with a free supply limit of around 40,000 rETH.

4.1.3 Existing User Profile

Core Data: The number of Polygon active existing users is 522,955, with a daily increase of 7.85%

Popular Sectors

Popular Projects

Key Projects:

Gas Hero (DApp) - Gas Hero, developed by the former StepN team, is a Web3 social and strategy game. Unlike traditional games, Gas Hero strongly emphasizes game theory, offering players richer strategies and utilizing decentralized trading platforms to maximize the transparency of on-chain data. The game has just launched, and the in-game NFT trading is active.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

No popularly traded tokens on Polygon.

5.Blockchain Profile - Arbitrum Chain

5.1 User Profile

5.1.1 Core Data

Total Active Users on Arbitrum: 186,212

New Active Users on Arbitrum: 28,677, with a daily increase of 5.24%

Existing Active Users on Arbitrum: 157,535, with a daily decrease of 2.12%

5.1.2 New User Profile

Core data: There were a total of 28,677 new active users on Arbitrum yesterday, with a daily increase of 5.24%

Popular Sectors

Popular Projects

Key Projects:

Woofi (DApp) - The cryptocurrency trading platform WOO X completed a $9 million financing round to improve liquidity. Investors include Wintermute, Time Research, Presto Labs, Pulsar, AlphaLab Capital, Efficient Frontier, Amber, and Riverside Hedge. Only market makers, rather than traditional venture capital funds, participated in this round, to boost WOO X's liquidity.

5.1.3 Existing User Profile

Core data: The number of Arbitrum active existing users is 157,535, with a daily decrease of 2.12%

Popular Sectors

Popular Projects

Key Projects:

RabbitHole (DApp) - RabbitHole has recently aggregated all tasks offered through the Quest Protocol, enabling users to earn tokens by engaging with crypto applications. The project is experiencing high levels of interaction, which may be related to a potential token launch, making it an attractive option for engagement.

5.2 Popular Trading Pairs

5.2.1 Uniswap V3

PENDLE (Token) - On January 11, Pendle announced the launch of its liquid staking token (LST) eETH on Ether.fi, entering the re-staking/LRTfi field. Pendle LPs depositing eETH will continue to receive all native rewards for eETH, including EigenLayer points, Ether.fi loyalty points, ETH staking yield, and re-staking yield. Pendle's TVL has increased by over $100 million in less than half a month, with its price continuously reaching new highs and demonstrating a counter-trend rise.

6.Blockchain Profile - Base Chain

6.1 User Profile

6.1.1 Core Data

Total Active Users on Base: 165,818

New Active Users on Base: 53,261, with a daily increase of 385.74%

Existing Active Users on Base: 112,557, with a daily increase of 74.03%

6.1.2 New User Profile

Core data: There were a total of 53,261 new active users on Base yesterday, with a daily increase of 385.74%

Popular Sectors

Popular Projects

Key Projects:

Aerodrome (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 Velodrome V2 model inspires the aerodrome's design to incentivize liquidity on the protocol, with some team members coming from 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. Following Coinbase's announcement to list AERO and VELO tokens yesterday, AERO surged nearly 100%.

6.1.3 Existing User Profile

Core data: The number of Base active existing users is 112,557, with a daily increase of 74.03%

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. Dmail Network revealed its tokenomic model, with a total of 200 million DMAIL. 6% of these tokens will be used for airdrops, and the token is set to launch on OKX Jumpstart.

7. DApp Ecosystem - All Chains

StarryNift (DApp) - StarryNift is a co-creation metaverse platform where users can play, create, and socialize. The project aims to expand Metaverse Horizons through innovative and diverse use cases to accelerate the adoption of Web3. The project team announced its tokenomics last December and plans to issue its token.

8.DApp Ecosystem - ETH Chain

Manifold (DApp) - A creator platform that allows artists to create NFTs using componentized product releases for smart contracts. It also serves as a platform for users to mint NFTs. Artists can create their single-page auction websites through the Gallery application in the Manifold Studio. The platform has previously collaborated with several prominent artists and studios, generating substantial income for these artists.

9.DApp Ecosystem - BSC

NFPrompt (DApp) - NFPrompt (NFP) is an AI-driven platform for user-generated content, focusing on Web3 creators. It is one of the projects incubated in the sixth season of Binance Labs and was launched in June this year. The platform enables users to generate various types of content using AI tools (AI-generated content, AIGC). It also provides a marketplace for trading AIGC works and their associated command words (Prompt).

10.DApp Ecosystem - Polygon Chain

Yuliverse (DApp) - Yuliverse has established a new investment partnership with DWF Labs. Yuliverse is a free-to-play blockchain metaverse game that combines GameFi and SocialFi elements, utilizing NFTs and the cryptocurrencies ARG and ART. It enhances social interaction and engagement and allows players to explore the real world and build connections. Yuliverse's game mechanics include elements of earning potential, providing a unique gaming experience for players.

11.DApp Ecosystem - Solana Chain

Magic Eden (DApp) - Magic Eden is recognized for its user-friendly interface, rapid processing times, robust security, and standout features that simplify the buying and selling experience. For instance, Magic Eden collaborates closely with creators via its Launchpad, assisting them in crafting, minting, marketing, and successfully launching projects. Designed specifically for trading non-fungible tokens (NFTs), Magic Eden operates as a peer-to-peer marketplace built on the Solana chain.

12.DApp Ecosystem - Arbitrum Chain

RabbitHole (DApp) - RabbitHole has recently aggregated all tasks offered through the Quest Protocol, enabling users to earn tokens by engaging with crypto applications. The project is experiencing high levels of interaction, which may be related to a potential token launch, making it an attractive option for engagement.

13.DApp Ecosystem - Base Chain

Dmail Network (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. Dmail Network revealed its tokenomic model, with a total of 200 million DMAIL. 6% of these tokens will be used for airdrops, and the token is set to launch on OKX Jumpstart.

14.DApp Ecosystem - GameFi Sector Across All Chains

Pixels (DApp) - Pixels is a blockchain-based, immersive, open-world MMO game. It leverages the power of Web3 to realize digital ownership for players and has created an engaging world where players can explore, complete tasks, and collaborate. Initially launched with core mechanics focused on farming, cooking, and questing, Pixels has gradually incorporated social features like trading, achievements, and leaderboards to foster interaction among players.

15.Gas Fee Consumption - ETH Chain

No new popular projects.

16.Gas Fee Consumption - BSC

QnA3 (Token) - 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

SmartCat (NFT, DApp) - An NFT project launched by Smart Layer, which has very high on-chain popularity. Users can interact with SmartCat NFTs by feeding and cleaning them, and the level of interaction is notably high. Smart Layer may soon launch a token, leading to high market expectations for an airdrop.

18.Gas Fee Consumption - Arbitrum Chain

RabbitHole (DApp) - RabbitHole has recently aggregated all tasks offered through the Quest Protocol, enabling users to earn tokens by engaging with crypto applications. The project is experiencing high levels of interaction, which may be related to a potential token launch, making it an attractive option for engagement.

19.Gas Fee Consumption - Base Chain

Orbiter Finance (DApp) - On January 11, the cross-chain bridge project Orbiter Finance announced on X that it will launch its native token this year to thank its loyal community. The project will gradually unveil the tokenomics and distribution plan, ensuring a fair process. The O-Points program will play a crucial role in establishing airdrop rules. Orbiter is currently hosting a promotion that requires completing bridging assets to the Manta Chain to earn O-Points.

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) - The significant rise in MANTA's price has drawn attention. MantaPacific's TVL has surpassed $1.5 billion, with more than 10 million transactions, and over 731,000 wallet addresses.

Arkham (DApp) - Due to the recent market focus on the outflows of Grayscale's GBTC and various whale wallet transfers, intelligence provided by the on-chain data analysis platform Arkham has gained significant market attention, with numerous media outlets citing its reports.

22.Google Trends Surge - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan

a) South Asia Region

India Trends: ICP, XEM

b) Southeast Asia Region

Philippines Trends: MANTA, XEC, SLP, SOL

Singapore Trends: OLAS, MANTA, SEI, ICP, AXS

Vietnam Trends: crypto casino, crypto fundraising, best ai crypto trading bots

c) East Asia

No significant trending keywords

23.Google Trends Surge - English-speaking Countries, Europe, CIS Region

a) CIS Region

Russia Trends: SUI, MANTA

b) English-speaking Countries

Australia Trends: MANTA, ADA

Canada Trends: GMX

c) Europe

Poland Trends: XAI, MANTA, TIA

France Trends: CFG, DUSK, BLUR

Switzerland Trends: DOGE, OMG, TIA

Türkiye Trends: XEN, tunc satiroglu twitter, binance tr, yuki crypto 50

Italy Trends: ICP, ARKM, KAS, ORDI, SHIB

Spain Trends: dextools, IOTA, ARKM, RIBBIT, XRP

Germany Trends: MANA, SANDBOX, MANTA, ATOM

24.Google Trends Surge - Middle East, Latin America, Africa

a) Africa

Nigeria Trends: MANTA

b) Middle East

No significant trending keywords

c) Latin America

Brazil Trends: TRX, TIA, SNX, MANTA, SEI

Argentina Trends: ALT, ARKM, SHIB

Colombia Trends: BONK

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