Bitget Research: Powell Maintains a Conservative Stance on Interest Rate Cuts, EigenLayer's Removal of Staking Caps Fuels Another Surge in TVL

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:

Dogwifhat (Token) - Dogwifhat, a project on Ethereum, was initiated by the game streamer ISSA, who had released a picture of Dogwifhat on Twitter in 2019. ISSA claimed that the Wif team on Solana did not recognize them as the original creator, leading to the project's launch on Ethereum. The project appears to be managed by individuals experienced in crypto operations, likely through the acquisition of ISSA's account. The token exhibits high on-chain trading activity with no apparent contract risks.

PANDORA (Token) - Pandora is the first token built on the ERC404 token standard, an open-source, experimental standard designed for creators and developers. It merges features of ERC20/ERC721, offering native liquidity and fractionalization. The token's price continues to reach new highs.

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 soared, with the price continuously reaching new highs.

2.Popular NFTs:

Polyhedra 2024 (NFT) - Polyhedra's new year commemorative NFT for 2024 features a dragon design. Each wallet address may claim one Polyhedra 2024 NFT on each of the following chains: BNB, opBNB, Arbitrum One, Polygon, Optimism, and Ethereum.

Teddies (NFT) - Recently launched on Solana, this teddy bear-themed NFT currently has 4005 holders, with a floor price of about 2 SOL. In the past 24 hours, it has seen 4617 transactions.

Layer3 CUBE (NFT) - Layer3 CUBE (Credentials to Unify Blockchain Events) is a multi-chain certification standard that authenticates digital experiences across DeFi, NFTs, gaming, and social domains. Designed for a wide range of applications, CUBE enables seamless integration and data analytics in the evolving crypto landscape.

3.Popular DApps:

EigenLayer, Swell, Lido (DApp) - The liquidity re-staking protocol EigenLayer has temporarily lifted its staking cap of 200,000 ETH, leading to another significant increase in TVL, surpassing $3.5 billion. Daily active users for LSD protocols such as Swell and Lido have also increased.

zkSync (DApp) - zkSync has once again hinted at a "possible airdrop snapshot." A few days ago, a Twitter influencer observed the addition of a new folder named Snapshot Creator in the GitHub repository of zkSync's parent company, Matter Labs. However, the influencer later clarified that it was merely a guess. zkSync's official response is pending, but the community's anticipation for a token launch by zkSync is clearly evident.

Amakuni (DApp) - Amakuni is an on-chain, idle role-playing game that allows players to earn money. The game features 10,000 NFTs named Kuni Saru, serving as playable characters. Beyond gaming, NFT owners can earn passive income through flash loans on their NFTs. This flash loan feature also enables those without NFTs to participate in the game.

Footium Club (DApp) - Footium is a multiplayer football management game where players can own and manage a digital football club. The project has recently migrated to Arbitrum.

HERE Wallet, HOT Game (DApp) - A wallet within the NEAR ecosystem features a built-in DEX aggregator, NFT, staking, and weekly airdrops. Creating an account allows users to use cryptocurrency and earn $HOT.

4.Twitter Hot Topics:

There is no data for this segment today due to anomalies in the data source.

5.Regional Trending Searches:

RON (Token) - Binance recently listed the RON token, which experienced a significant price drop shortly after its launch due to suspected insider trading profits being cashed out. He Yi, the co-founder of Binance, stated that the decline in RONIN's price following the announcement of its listing on Binance sparked intense discussion within the community. She added that an internal investigation revealed that the price drop was due to the pre-listing integration of the chain so that users could acquire the tokens and that it was detected externally and attributed to the chain. This led to speculation about Binance listing RONIN.

LINK (Token) - Whales on the blockchain are actively acquiring LINK in substantial volumes. Lookonchain reports that, over the past two days, 47 new wallets have moved 2,237,504 LINK (valued at $42.38 million) out of Binance.

Main Body

Written by: Bitget Research

Data collection time: February 6, 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

No new popular BRC-20 assets emerged yesterday.

2.Blockchain Profile - ETH Chain

2.1 User Profile

2.1.1 Core Data

Total active users on ETH: 485,041

New active users on ETH: 88,981, with a daily increase of 2.59%

Existing active users on ETH: 396,060, with a daily increase of 9.58%

2.1.2 New User Profile

Core data: There were a total of 88,981 new active users on ETH yesterday, with a daily increase of 2.59%

Popular Sectors

Popular Projects

zkSync (DApp) - zkSync has once again hinted at a "possible airdrop snapshot." A few days ago, a Twitter influencer observed the addition of a new folder named Snapshot Creator in the GitHub repository of zkSync's parent company, Matter Labs. However, the influencer later clarified that it was merely a guess. zkSync's official response is pending, but the community's anticipation for a token launch by zkSync is clearly evident.

EigenLayer, Swell, Lido (DApp) - The liquidity re-staking protocol EigenLayer has temporarily lifted its staking cap of 200,000 ETH, leading to another significant increase in TVL, surpassing $3.5 billion. Daily active users for LSD protocols such as Swell and Lido have also increased.

2.1.3 Existing User Profile

Core data: The number of ETH active existing users is 396,060, with a daily increase of 9.58%

Popular Sectors

Popular Projects

Mode Network (DApp) - The modular DeFi L2 mainnet and airdrop based on OP are now live, with the first airdrop distributing 5.5% of the total token supply. This activity rewards users for network growth based on points earned, with more airdrop rewards unlocked as the mainnet's TVL increases. Points can be earned by bridging assets from Ethereum to the Mode network. Consequently, the Mode Ethereum cross-chain bridge has seen significant activity, with cross-chain assets reaching $59 million and over 55,000 addresses. The chain's native ecosystem TVL is $22 million.

Polyhedra 2024 (NFT) - Polyhedra's new year commemorative NFT for 2024 features a dragon design. Each wallet address may claim one Polyhedra 2024 NFT on each of the following chains: BNB, opBNB, Arbitrum One, Polygon, Optimism, and Ethereum.

2.2 Popular Trading Pairs

2.2.1 Uniswap V2

Dogwifhat (Token) - Dogwifhat, a project on Ethereum, was initiated by the game streamer ISSA, who had released a picture of Dogwifhat on Twitter in 2019. ISSA claimed that the Wif team on Solana did not recognize them as the original creator, leading to the project's launch on Ethereum. The project appears to be managed by individuals experienced in crypto operations, likely through the acquisition of ISSA's account. The token exhibits high on-chain trading activity with no apparent contract risks.

2.2.2 Uniswap V3

PANDORA (Token) - Pandora is the first token built on the ERC404 token standard, an open-source, experimental standard designed for creators and developers. It merges features of ERC20/ERC721, offering native liquidity and fractionalization. The token's price continues to reach new highs.

2.3 Popular NFTs

2.3.1 Top NFT Collections

Teddies (NFT) - Recently launched on Solana, this teddy bear-themed NFT currently has 4005 holders, with a floor price of about 2 SOL. In the past 24 hours, it has seen 4617 transactions. https://magiceden.io/marketplace/teddies

3.Blockchain Profile - BSC

3.1 User Profile

3.1.1 Core Data

Total active users on BSC: 1,288,628

New active users on BSC: 176,364, with a daily increase of 8.33%

Existing active users on BSC: 1,112,264, with a daily increase of 6.71%

3.1.2 New User Profile

Core data: There were a total of 176,364 new active users on BSC yesterday, with a daily increase of 8.33%

Popular Sectors

Popular Projects

Amakuni (DApp) - Amakuni is an on-chain, idle role-playing game that allows players to earn money. The game features 10,000 NFTs named Kuni Saru, serving as playable characters. Beyond gaming, NFT owners can earn passive income through flash loans on their NFTs. This flash loan feature also enables those without NFTs to participate in the game.

3.1.3 Existing User Profile

Core data: The number of BSC active existing users is 1,112,264, with a daily increase of 6.71%

Popular Sectors

Popular Projects

QnA3 (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

No new popular tokens on BSC.

4.Blockchain Profile - Polygon Chain

4.1 User Profile

4.1.1 Core Data

Total active users on Polygon: 726,152

New active users on Polygon: 128,104, with a daily decrease of 5.42%

Existing active users on Polygon: 598,048, with a daily increase of 6.56%

4.1.2 New User Profile

Core data: There were a total of 128,104 new active users on Polygon yesterday, with a daily decrease of 5.42%

Popular Sectors

Popular 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 598,048, with a daily increase of 6.56%

Popular Sectors

Popular Projects

SmartCat (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.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

No new popular tokens on Polygon.

5.Blockchain Profile - Arbitrum Chain

5.1 User Profile

5.1.1 Core Data

Total Active Users on Arbitrum: 175,789

New Active Users on Arbitrum: 27,766, with a daily increase of 7.34%

Existing Active Users on Arbitrum: 148,023, with a daily increase of 20.91%

5.1.2 New User Profile

Core data: There were a total of 27,766 new active users on Arbitrum yesterday, with a daily increase of 7.34%

Popular Sectors

Popular Projects

Footium Club (DApp) - Footium is a multiplayer football management game where players can own and manage a digital football club. The project has recently migrated to Arbitrum. https://opensea.io/collection/footium-football-clubs

5.1.3 Existing User Profile

Core data: The number of Arbitrum active existing users is 148,023, with a daily increase of 20.91%

Popular Sectors

Popular Projects

Polyhedra 2024 NFT was described earlier in the report.

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 soared, with the price continuously reaching new highs.

6.Blockchain Profile - Base Chain

6.1 User Profile

6.1.1 Core Data

Total Active Users on Base: 111,775

New Active Users on Base: 22,643, with a daily increase of 28.84%

Existing Active Users on Base: 89,132, with a daily increase of 5.89%

6.1.2 New User Profile

Core data: There were a total of 22,643 new active users on Base yesterday, with a daily increase of 28.84%

Popular Sectors

Popular Projects

Friendtech (DApp) - The Friendtech application interface encountered a bug that led to excessive fees being charged for "keys," resulting in traders overpaying by approximately 445 ETH across about 43,173 transactions. The Friendtech team has been previously notified of this bug, but the team has classified it as "out of scope."

6.1.3 Existing User Profile

Core data: The number of Base active existing users is 89,132, with a daily increase of 5.89%

Popular Sectors

Popular Projects

Layer3 CUBE (NFT) - Layer3 CUBE (Credentials to Unify Blockchain Events) is a multi-chain certification standard that authenticates digital experiences across DeFi, NFTs, gaming, and social domains. Designed for a wide range of applications, CUBE enables seamless integration and data analytics in the evolving crypto landscape.

7. DApp Ecosystem - All Chains

HERE Wallet, HOT Game (DApp) - A wallet within the NEAR ecosystem features a built-in DEX aggregator, NFT, staking, and weekly airdrops. Creating an account allows users to use cryptocurrency and earn $HOT.

8.DApp Ecosystem - ETH Chain

EigenLayer was described earlier in the report.

9.DApp Ecosystem - BSC

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. DMAIL has been listed on Bitget. It is essential to stay updated on this project.

10.DApp Ecosystem - Polygon Chain

Anichess (DApp) - Anichess is a blockchain-based international chess game developed by Animoca Brands and its subsidiary Lympo in collaboration with chess industry leader Play Magnus Group. This blockchain game features a betting and profit ecosystem. Orbs of Power, the first NFT collection in the Anichess Universe, currently has over 60,000 holders.

11.DApp Ecosystem - Solana Chain

Magic Eden (DApp) - The multi-chain NFT platform Magic Eden has launched its Traceback Diamond Rewards program. Users who have interacted on the platform and completed specific tasks are eligible for rewards, with the potential to double rewards for subsequent tasks.

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 was described earlier in the report.

14.DApp Ecosystem - GameFi Sector Across All Chains

HOT Game was described earlier in the report.

15.Gas Fee Consumption - ETH Chain

EigenLayer (DApp) - The liquidity re-staking protocol EigenLayer has temporarily lifted its staking cap of 200,000 ETH, leading to another significant increase in TVL, surpassing $3.5 billion.

16.Gas Fee Consumption - BSC

Seg Finance (DApp) - A Play2Earn project on the BSC, where users can stake their shoe NFTs or provide liquidity to earn passive BNB profits. The project is now open source, and its contract on the BSC is transparent. It has over 1500 followers on Twitter and is an essential project to stay updated on.

17.Gas Fee Consumption - Polygon Chain

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.

18.Gas Fee Consumption - Arbitrum Chain

Vertex (DApp) - Vertex is a decentralized exchange (DEX) protocol based on Arbitrum, offering cross-margin trading services. It integrates spot, perpetual contracts, and money markets into one application. It is currently the most active derivatives platform on Arbitrum.

19.Gas Fee Consumption - Base Chain

No new popular projects.

20.Top Trending Tokens on Twitter

There is no data for this segment today due to anomalies in the data source.

21.Google Trends - Global

RON (Token) - Binance recently listed the RON token, which experienced a significant price drop shortly after its launch due to suspected insider trading profits being cashed out. He Yi, the co-founder of Binance, stated that the decline in RONIN's price following the announcement of its listing on Binance sparked intense discussion within the community. She added that an internal investigation revealed that the price drop was due to the pre-listing integration of the chain so that users could acquire the tokens and that it was detected externally and attributed to the chain. This led to speculation about Binance listing RONIN.

LINK (Token) - Whales on the blockchain are actively acquiring LINK in substantial volumes. Lookonchain reports that, over the past two days, 47 new wallets have moved 2,237,504 LINK (valued at $42.38 million) out of Binance.

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

a) South Asia Region

India Trends: xai, sun, gmx, nmr

Pakistan Trends: coindesk, bybit, quotex

b) Southeast Asia Region

Vietnam Trends: crypto bubbles

Philippines Trends: ronin, dca meaning crypto, btc

Singapore Trends: link

Indonesia Trends: doge, pendle

c) East Asia

Trends: No significant trends

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

a) CIS Region

Trends: bybit, crypto pro

b) English-speaking Countries

Australia Trends: okx, kraken, raydium, vra, pendle

UK Trends: nxra, gtai, osmo, trias

USA Trends: metis, coti

Canada Trends: monad, algorand, chromia, avax, fantom

c) Europe

France Trends: ens, cgbt, lukso

Poland Trends: manta, tia, link, eth

Switzerland Trends: kucoin, kaspa, coinbase, eth, shib

Türkiye Trends: sweet bonaza

Germany Trends: eth, link, pancakeswap

Italy Trends: tellor, kujira, ron, kaspa, dot

Belgium Trends: shib, ada, xai, solana

Spain Trends: shiba inu, nexo, myro, altlayer, xrp, dot

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

a) Africa

South Africa Trends: solana, luno

Nigeria Trends: coinbase, coingecko

b) Middle East

Trends: jupiter, bitcoin, bitoasis

c) Latin America

Brazil Trends: myro, icp, link, radix, ron

Argentina Trends: ron, tia

Mexico Trends: bitcoin, shib, dolar

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