News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
VIPBitget VIP Weekly Research InsightsAptos and Sui, two new public blockchain projects developed with the Move programming language, have recently garnered significant attention in the secondary market. Sui led the way with a steady price increase since early August, up sixfold in three months. Aptos has since followed, driven by ongoing support from the Aptos Foundation. Both Move-based projects have presented notable trading opportunities over the past quarter.
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.
VIPBitget VIP Weekly Research InsightsMemecoins have been gaining traction in the current market cycle, consistently drawing attention and capital. Established projects are now backing Pump.fun, a token launch platform, leveraging their brand and community resources to issue memecoins, engaging new users, and unlocking fresh capital for business growth. Fueled by the memecoin buzz, ApeChain's APE token surged by over 100% in a single day, reaching a three-month high. Additionally, Yuga Labs' NFT collections have seen a long-awaited recovery. Recently, major platforms and wallets have also begun actively supporting ApeChain. As a leading team from the NFT era, ApeChain shows strong development potential.
VIPBitget VIP Weekly Research InsightsRecently, as market liquidity recovers, the crypto market—led by key assets like BTC and ETH—has started to rebound. Leading DeFi assets have continued to update their products amid six months of market volatility, maintaining their market dominance and leading positions. With the upcoming U.S. presidential election, both candidates are likely to propose favorable policies regarding DeFi and Web3 applications, potentially bolstering the sector. As a result, leading DeFi assets are expected to benefit from an early boost in liquidity recovery and may outperform the broader market in the coming months.
VIPBitget VIP Weekly Research InsightsIn the wake of the market narrative surrounding the "Solana Killer," SUI, which recently launched the Grayscale Sui Trust and Binance futures, has doubled in value within a month. The leading projects in the Sui ecosystem have also benefited from the generous subsidies and strong support provided by the Sui Foundation. This surge has brought numerous opportunities within the Sui ecosystem.
VIPBitget VIP Weekly Research InsightsAs the Federal Reserve begins its interest rate cut cycle, the cryptocurrency market is experiencing a broad recovery. Alongside mainstream assets like BTC and ETH, the AI sector has also rebounded rapidly. The convergence of AI and crypto has emerged as a compelling narrative in this market cycle, attracting numerous tech teams and venture capital firms. Leading projects in the space have shown significant growth. Recommended projects to watch closely include Bittensor (TAO), Near Protocol (NEAR), and Arkham (ARKM).
VIPBitget VIP Weekly Research InsightsLiquid staking emerged after Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism. Its primary goal is to enhance asset utility by allowing users to earn staking rewards while maintaining the liquidity of their staked positions. Currently, mainstream liquid staking protocols allow users to stake their assets in exchange for liquid staking tokens (LSTs). For instance, by staking ETH on platforms such as Lido, users receive stETH tokens. This approach is commonly referred to as "liquid staking derivatives" (LSDs). Since Binance hinted at collaborating with Sanctum to launch the Solana liquid staking token BNSOL, Sanctum's governance token CLOUD has gained significant attention, rising despite unfavorable market trends. On September 5, Bybit announced its partnership with Solayer to launch bbSOL. Additionally, major exchanges have unveiled plans to introduce Solana LST tokens. EigenLayer also began its second season of airdrop claims this week, with its governance token EIGEN potentially circulating by the end of September. The LSD and restaking sectors are gaining quiet momentum, potentially setting the stage for a new wave of hype around restaking within the SOL ecosystem.
VIPBitget VIP Weekly Research InsightsUS initial claims for unemployment insurance and the unemployment rate are being released this week, key factors influencing the Federal Reserve's decision on interest rate cuts in September. The market has been sluggish recently, with noticeable risk-averse sentiment. Bearish sentiment among community users and the arrest of Telecom's CEO, a black swan event, have further dampened the mood, resulting in average performance for blue-chip coins and altcoins. The market tends to fluctuate significantly when macroeconomic data is about to be released. It is reasonable to reduce leverage, maintain reasonable position sizes, and preserve funds to buy the dip. We will introduce upcoming token launches on Bitget, on-chain earning opportunities with USDT/USDC and SOL, and speculative targets in the Solana Liquid Staking (LSD) sector.
VIPBitget VIP Weekly Research InsightsOn August 12, the TRON ecosystem DEX, SUN.io, launched Sun Pump, the ecosystem's first memecoin issuance platform. Its goal is to provide creators with a convenient and cost-effective token issuance solution. As of August 21, Sun Pump has surpassed pump.fun in revenue and the number of new tokens issued. Some Meme coins issued on Sun Pump have shown astonishing performance. For example, SUNDOG increased by 10,156 times within 5 days and 8 hours of its creation, and FOFAR increased by 6176 times in 4 days and 6 hours. These skyrocketing memecoins have attracted significant attention from investors.
- 09:51Data: A certain ETH band trader sold 223 Ethereum at an average price of 3139 dollars, worth 700,000 dollarsAccording to AI Aunt's monitoring, a certain ETH band trader sold 223 Ethereum at an average price of 3139 US dollars in the past half hour, worth 700,000 US dollars. In this round of transactions, 1846 Ethereum have been sold with a profit of 5928 US dollars and there are still 8682 Ethereum left for sale.
- 09:41SLERF briefly touched 0.4492 USDT, with a 24-hour increase of 38.66%Bitget market data shows that SLERF briefly touched 0.4492 USDT, currently quoted at 0.4167 USDT, with a 24H increase of 38.66%.
- 09:19Data: The trading volume of Hong Kong's virtual asset ETF today is approximately 221 million Hong Kong dollarsOn Nov. 21, Hong Kong stock market data showed that as of the close of trading, the turnover of all Hong Kong virtual asset ETFs today was about HK$221 million. Among them, the turnover of Huaxia Bitcoin ETF (3042.HK/9042.HK/83042.HK) was HK$188 million, Huaxia Ethereum ETF (03046.HK/09046.HK/83046.HK) turned over HK$14.249 million, Harvest Bitcoin ETF (03439.HK/09439.HK) turned over HK$2,825,700, Harvest Ether ETF (03179.HK/09179.HK) traded at HK$1,235,800, Bosera Bitcoin ETF (03008.HK/09008.HK) traded at HK$13,640,700, and Bosera Ethereum ETF (03009.HK/09009.HK) traded at HK$1,154,300 HK$1,154,300.Note: All of the above virtual asset EFTs have HKD counters and USD counters, only the two Huaxia ETFs also have RMB counters.
