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- Bitget Research: Bitcoin Briefly Surpasses $64,000, Telegram Ad Platform Announces Use of TON Chain for Payments
Bitget Research: Bitcoin Briefly Surpasses $64,000, Telegram Ad Platform Announces Use of TON Chain for Payments
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:
SATS (Token) - Bitcoin surpassed $60,000, attracting attention to the projects in the ecosystem. SATS bounced back from its low yesterday with a 24-hour gain of 20%. Most of its trading volume comes from centralized exchanges, reaching $150 million in 24 hours.
PEPE (Token) - PEPE leads the memecoin market with a surge of over 150% in three days, reaching 80% of its all-time high at one point. Centralized exchanges and on-chain memecoins have seen a surge in trading activity, with traditional leading memecoin projects like Dogecoin and Shiba Inu experiencing substantial spikes in volume.
MOG (Token) - An on-chain OG memecoin. MOG’s market capitalization rose from the low of a few hundred thousand dollars to the current level of $170 million in six months, becoming one of the fastest-growing memecoins on-chain. With a 24-hour trading volume of $14.47 million and 8330 holders, MOG enjoys high popularity.
DZHV (Token) - A memecoin with an optimized contract, where developers have utilized EVM code to reduce typical deployment costs from $400 to just $5, showcasing a degree of innovation and incorporating the cross-chain concept. The token's market capitalization briefly exceeded $15 million but has since significantly pulled back to $4.9 million, with a 24-hour trading volume of $13 million.
2.Popular NFTs:
NodeMonkes (NFT) - NodeMonkes, an Ordinals NFT, has become the most expensive NFT by unit price within the Ordinals category, with a floor price of 0.4 BTC. Its daily trading volume has reached $2.6 million.
3.Popular DApps:
Blast (DApp) - The Blast mainnet is set to launch on March 1, 5:00 AM (UTC+8). The chain's TVL has surpassed $2.2 billion. According to Aevo market data, the futures price of BLAST is currently $6.52. The protocol has around $2 billion worth of ETH deposited in the Lido protocol and over 169 million DAI deposited in the Maker protocol.
Matr1x Fire (DApp) -The global testing server for the FPS blockchain game "MATR1X FIRE" officially began testing on January 29, attracting over 70,000 global FPS players within just the first three days. Currently, it has nearly 30,000 daily active users (DAU) with an average online duration of 57 minutes.
Lens (DApp) - Lens Protocol is a composable decentralized social graph protocol launched by the Aave team. Yesterday, the protocol announced its transition to a permissionless stage, granting users ownership over their data, social graphs, and the relationships and content they create, facilitating decentralized connections between individuals.
Xai (DApp) - A gaming Layer 3 project in the Arbitrum ecosystem. Xai is a permissionless Orbit chain leveraging the Arbitrum Nitro technology stack, bringing an innovative, game-centric third layer to the gaming industry. The project announced that its XAI staking system v1 has launched, with v2 set to go live in March.
Pendle (DApp) - The DeFi yield trading platform Pendle's total TVL has surpassed $1.5 billion, setting a new historical high. The latest USDe stablecoin protocol, Ethena Labs, has launched the second phase of its Shard Campaign on Tuesday 8:00 AM (UTC-5), with a new partnership to support Pendle.
Marginfi (DApp) - A top-tier lending DApp on Solana, MarginFi previously introduced a points algorithm, where users engaging in staking, lending, and LSD projects within the application can earn points. Backed by Solana Ventures, Pantera Capital, and Multicoin Capital, there is high anticipation among users for an airdrop. The platform's points will soon be listed on the Whales Market’s Points Market.
Vertex (DApp) - Vertex is a decentralized exchange (DEX) protocol based on Arbitrum, offering cross-margin trading services. It integrates spot, perpetual futures, and money markets into one application. It is currently the most active derivatives platform on Arbitrum.
4.Twitter Hot Topics:
Babylon (DApp) - Binance Labs announced an investment in the Bitcoin staking protocol Babylon to support the development of Bitcoin staking. Recently, Babylon revealed the launch of its testnet based on BTC Signet, featuring Bitcoin staking and common PoS functionalities. Babylon PoS chain is the first PoS chain the protocol secures. Given the significant attention on the project, its airdrop is worth keeping an eye on.
5.Regional Trending Searches:
BTC (Token) - Bitcoin's price has been on a continuous uptrend, reaching a high of $64,000 over the past 24 hours. The increasing volume of short contract liquidations, coupled with the volume disparity between long and short positions, has rapidly driven up the price of BTC.
Main Body
Written by: Bitget Research
Data collection time: February 29, 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) - Bitcoin surpassed $60,000, attracting attention to the projects in the ecosystem. SATS bounced back from its low yesterday with a 24-hour gain of 20%. Most of its trading volume comes from centralized exchanges, reaching $150 million in 24 hours.
2.Blockchain Profile - ETH Chain
2.1 User Profile
2.1.1 Core Data
Total active users on ETH: 528,956
New active users on ETH: 117,721, with a daily increase of 6.08%
Existing active users on ETH: 411,235, with a daily increase of 0.87%
2.1.2 New User Profile
Core data: There were a total of 117,721 new active users on ETH yesterday, with a daily increase of 6.08%
Popular Sectors
Popular Projects
Key Projects:
Blast (DApp) - The Blast mainnet is set to launch on March 1, 5:00 AM (UTC+8). The chain's TVL has surpassed $2.2 billion. According to Aevo market data, the futures price of BLAST is currently $6.52. The protocol has around $2 billion worth of ETH deposited in the Lido protocol and over 169 million DAI deposited in the Maker protocol.
2.1.3 Existing User Profile
Core data: The number of ETH active existing users is 411,235, with a daily increase of 0.87%
Popular Sectors
Popular Projects
Key Projects:
PEPE (Token) - PEPE leads the memecoin market with a surge of over 150% in three days, reaching 80% of its all-time high at one point. Centralized exchanges and on-chain memecoins have seen a surge in trading activity, with traditional leading memecoin projects like Dogecoin and Shiba Inu experiencing substantial spikes in volume.
2.2 Popular Trading Pairs
2.2.1 Uniswap V2
MOG (Token) - An on-chain OG memecoin. MOG’s market capitalization rose from the low of a few hundred thousand dollars to the current level of $170 million in six months, becoming one of the fastest-growing memecoins on-chain. With a 24-hour trading volume of $14.47 million and 8330 holders, MOG enjoys high popularity.
2.2.2 Uniswap V3
DZHV (Token) - A memecoin with an optimized contract, where developers have utilized EVM code to reduce typical deployment costs from $400 to just $5, showcasing a degree of innovation and incorporating the cross-chain concept. The token's market capitalization briefly exceeded $15 million but has since significantly pulled back to $4.9 million, with a 24-hour trading volume of $13 million.
2.3 Popular NFTs
2.3.1 Top NFT Collections
NodeMonkes (NFT) - NodeMonkes, an Ordinals NFT, has become the most expensive NFT by unit price within the Ordinals category, with a floor price of 0.4 BTC. Its daily trading volume has reached $2.6 million.
3.Blockchain Profile - BSC
3.1 User Profile
3.1.1 Core Data
Total active users on BSC: 1,677,557
New active users on BSC: 286,490, with a daily increase of 21.64%
Existing active users on BSC: 1,391,067, with a daily increase of 14.24%
3.1.2 New User Profile
Core data: There were a total of 286,490 new active users on BSC yesterday, with a daily increase of 21.64%
Popular Sectors
Popular Projects
Key Projects:
TinyTap (DApp) - TinyTap is a vast library of games created by educators. Now under the umbrella of Animoca Brands, the project is dedicated to forging an open, blockchain-driven educational ecosystem. Animoca Brands announced plans to purchase additional EDU tokens from the open market. Binance Labs invested $3.15 million in the Web3 education protocol Open Campus, bringing significant traffic to the Web3 education sector.
3.1.3 Existing User Profile
Core data: The number of BSC active existing users is 1,391,067, with a daily increase of 14.24%
Popular Sectors
Popular Projects
Key Projects:
QnA3.AI (DApp) - The AI project QnA3.AI announced on social media its first round of token airdrop promotion, where interaction records and credits will determine users' share of the airdrop, targeting active participants, participants with outstanding interactive performance, and global ambassadors. QnA3 is an AI-driven, one-stop Web3 knowledge engine and trading portal, where users can ask questions to AI or vote on questions.
3.2 Popular Trading Pairs
3.2.1 PancakeSwap V2
No popularly traded tokens on BSC.
4.Blockchain Profile - Polygon Chain
4.1 User Profile
4.1.1 Core Data
Total active users on Polygon: 1,160,921
New active users on Polygon: 175,271, with a daily increase of 12.19%
Existing active users on Polygon: 985,650, with a daily increase of 3.85%
4.1.2 New User Profile
Core data: There were a total of 175,271 new active users on Polygon yesterday, with a daily increase of 12.19%
Popular Sectors
Popular Projects
Key Projects:
Matr1x Fire (DApp) -The global testing server for the FPS blockchain game "MATR1X FIRE" officially began testing on January 29, attracting over 70,000 global FPS players within just the first three days. Currently, it has nearly 30,000 daily active users (DAU) with an average online duration of 57 minutes.
4.1.3 Existing User Profile
Core Data: The number of Polygon active existing users is 985,650, with a daily increase of 3.85%
Popular Sectors
Popular Projects
Key Projects:
Lens (DApp) - Lens Protocol is a composable decentralized social graph protocol launched by the Aave team. Yesterday, the protocol announced its transition to a permissionless stage, granting users ownership over their data, social graphs, and the relationships and content they create, facilitating decentralized connections between individuals.
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: 227,549
New Active Users on Arbitrum: 41,515, with a daily increase of 7.97%
Existing Active Users on Arbitrum: 186,034, with a daily increase of 8.04%
5.1.2 New User Profile
Core data: There were a total of 41,515 new active users on Arbitrum yesterday, with a daily increase of 7.97%
Popular Sectors
Popular Projects
Key Projects:
Orbiter (DApp) - The cross-chain bridge project Orbiter Finance has announced on X that it will launch its native token this year as a gesture of gratitude to its loyal community. The project also stated that it 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.
5.1.3 Existing User Profile
Core data: The number of Arbitrum active existing users is 186,034, with a daily increase of 8.04%
Popular Sectors
Popular Projects
Key Projects:
Xai (DApp) - A gaming Layer 3 project in the Arbitrum ecosystem. Xai is a permissionless Orbit chain leveraging the Arbitrum Nitro technology stack, bringing an innovative, game-centric third layer to the gaming industry. The project announced that its XAI staking system v1 has launched, with v2 set to go live in March.
5.2 Popular Trading Pairs
5.2.1 Uniswap V3
Pendle (DApp) - The DeFi yield trading platform Pendle's total TVL has surpassed $1.5 billion, setting a new historical high. The latest USDe stablecoin protocol, Ethena Labs, has launched the second phase of its Shard Campaign on Tuesday 8:00 AM (UTC-5), with a new partnership to support Pendle.
6.Blockchain Profile - Base Chain
6.1 User Profile
6.1.1 Core Data
Total Active Users on Base: 102,031
New Active Users on Base: 20,410, with a daily increase of 7.01%
Existing Active Users on Base: 81,621, with a daily decrease of 2.46%
6.1.2 New User Profile
Core data: There were a total of 20,410 new active users on Base yesterday, with a daily increase of 7.01%
Popular Sectors
Popular Projects
Key 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.
6.1.3 Existing User Profile
Core data: The number of Base active existing users is 81,621, with a daily decrease of 2.46%
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. The project has not yet launched its token, offering an opportunity to interact early for a potential airdrop.
7.DApp Ecosystem - All Chains
Pixels (DApp) -Pixels is a Play2Earn Web3 farming game allowing players to engage in familiar agricultural activities such as planting resources, preparing food, and trading goods. Players have the unique opportunity to own and develop individual farm plots. The project has airdropped tokens to RON stakers and is now listed on major exchanges.
8.DApp Ecosystem - ETH Chain
Blast (DApp) - The Blast mainnet is set to launch on March 1, 5:00 AM (UTC+8). The chain's TVL has surpassed $2.2 billion. According to Aevo market data, the futures price of BLAST is currently $6.52. The protocol has around $2 billion worth of ETH deposited in the Lido protocol and over 169 million DAI deposited in the Maker protocol.
9.DApp Ecosystem - BSC
StarryNift (DApp) - StarryNift is a gamified NFT platform and a one-stop shop that offers creation, incubation, auction, and trading for NFT collections. The vision of StarryNift is to create a gamified 3D virtual world, opening new avenues for creators, collectors, and investors to explore a virtual realm that combines games, art, DeFi, and NFTs. The project announced its tokenomics last December, with plans for a token launch.
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
Marginfi (DApp) - A top-tier lending DApp on Solana, MarginFi previously introduced a points algorithm, where users engaging in staking, lending, and LSD projects within the application can earn points. Backed by Solana Ventures, Pantera Capital, and Multicoin Capital, there is high anticipation among users for an airdrop. The platform's points will soon be listed on the Whales Market’s Points Market.
12.DApp Ecosystem - Arbitrum Chain
Trader Joe (DApp) - Trader Joe is a decentralized exchange (DEX) based on the Avalanche blockchain, offering a range of decentralized finance (DeFi) services, including token swapping, liquidity mining, staking, lending, and an NFT marketplace. Since its launch in 2021, the platform has rapidly attracted growth and become one of the key DEXs within the Avalanche ecosystem. What sets Trader Joe apart is its focus not only on AVAX trading but also on a suite of services such as lending and borrowing, liquidity pools, margin trading, yield farming, NFTs, staking, and a launchpad. This positions Trader Joe as one of the most comprehensive DEXs in the DeFi space.
13.DApp Ecosystem - Base Chain
Aerodrome (DApp) - On February 27, the liquidity protocol Aerodrome announced it received an investment from the CB Ventures-led Base Ecosystem Fund. The exact amount was not disclosed, and the investment was made through the purchase of Aerodrome's native token, AERO.
14.DApp Ecosystem - GameFi Sector Across All Chains
Pixels (DApp) - Pixels is a Play2Earn Web3 farming game allowing players to engage in familiar agricultural activities such as planting resources, preparing food, and trading goods. Players have the unique opportunity to own and develop individual farm plots. The project has airdropped tokens to RON stakers and is now listed on major exchanges.
15.Gas Fee Consumption - ETH Chain
Banana Gun (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.
16.Gas Fee Consumption - BSC
BloXroute (DApp) - BloXroute Labs, one of the largest censorship-resistant block producers on Ethereum, has made a complete u-turn. It announced that it will start censoring OFAC-sanctioned blocks across all of its MEV relays in compliance with local laws. It is reported that BloXroute Labs has produced at least 400,000 Ethereum blocks from its two leading MEV relays.
17.Gas Fee Consumption - Polygon Chain
Matr1x Pioneer Badge (NFT) - The Matr1x Pioneer Badge Collection was issued to celebrate the participants of the MAX Score airdrop promotion. Basic badges are awarded to all users who participate in the promotion, symbolizing active participation in the Matr1x community. Premium badges are awarded to those who make exceptional contributions. Matr1x Pioneer Badges will be redeemable for a mystery reward at the promotion's conclusion. There are currently 232,000 holders.
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 futures, and money markets into one application. It is currently the most active derivatives platform on Arbitrum.
19.Gas Fee Consumption - Base Chain
Aerodrome (DApp) - The Base Ecosystem Fund, associated with CB Ventures, announced the purchase of the native token AERO from the liquidity protocol Aerodrome Finance. While the exact investment amount remains undisclosed, this move resulted in a substantial price surge for AERO.
20.Top Trending Projects on Twitter
Babylon (DApp) - Binance Labs announced an investment in the Bitcoin staking protocol Babylon to support the development of Bitcoin staking. Recently, Babylon revealed the launch of its testnet based on BTC Signet, featuring Bitcoin staking and common PoS functionalities. Babylon PoS chain is the first PoS chain the protocol secures. Given the significant attention on the project, its airdrop is worth keeping an eye on.
21.Google Trends - Global
BTC (Token) - Bitcoin's price has been on a continuous uptrend, reaching a high of $64,000 over the past 24 hours. The increasing volume of short contract liquidations, coupled with the volume disparity between long and short positions, has rapidly driven up the price of BTC.
22.Google Trends Surge - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan
a) South Asia Region
India Trends: render, icp, yfii
Pakistan Trends: nft, btc
b) Southeast Asia Region
Vietnam Trends: btc, thi, cryptorank
Philippines Trends: ice, kaspa, hodl, eth
Thailand Trends: mstr, atlas, cmc, glch
Indonesia Trends: mstr, atlas, glch
Singapore Trends: rndr, sei, solana, gala, btc, aevo
c) East Asia
South Korea Trends: crypto jobs, genesis crypto
Japan Trends: TROY, crypto taxes in japan
23.Google Trends Surge - English-speaking Countries, Europe, CIS Region
a) CIS Region
Ukraine Trends: trx, portal, ton, backpack, ton
Russia Trends: arkm, ton, pepe
b) English-speaking Countries
Australia Trends: bbl, ar, btc, dydx, vechain
UK Trends: btc, ar, ada, celo
USA Trends: nct
Canada Trends: strk, ada, atom, celo
c) Europe
France Trends: ath, borg, ar, sand
Poland Trends: eth, ondo, xai, luna
Switzerland Trends: gala, compound, eth, ftm, kda
Türkiye Trends: btc, total market cap, selcoin, paradotor
Germany Trends: holo, ton, near, velo
Italy Trends: arkm, reef, centrifuge, jasmy
Netherlands Trends: fear greed
Belgium Trends: rif, ada, aptos, inj
Spain Trends: pancakeswap, xmr, icp, monero, sats, solana, arb, sand
24. Google Trends Surge - Middle East, Latin America, Africa
a) Africa
South Africa Trends: valr, live, slp
Nigeria Trends: sybil meaning, fud, solana
Morocco Trends: eth, bomb, btc, cmc
b) Middle East
UAE Trends: btc, uni, pepe
Israel Trends: crypto etf, crypto news
c) Latin America
Brazil Trends: celestiamatic, bitcoin, solana, lido, xrp
Chile Trends: matic, bitcoin, solana
Argentina Trends: sand, icp, sei, arkm, avax
Mexico Trends: portal, btc, wif, kas, bonk
Colombia Trends: portal, pepe, ada
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