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On January 15th, Starknet's market performance sparked heated discussions, with Solana criticizing its poor data. StarkWare's CEO responded, joking about Solana's marketing. Subsequently, data showed that Starknet's daily trading volume far exceeded Solana's accusations, highlighting differences in data reporting standards.

Recently, Solana (SOL) has attracted attention with its performance. Historical data shows an average increase of 52.3% in January, and if the trend repeats, it could rise to $220. On-chain data indicates that open interest contracts have increased by $8 billion, with more capital entering the market. Institutional investment enthusiasm is rising, and the SOL ETF has outperformed Ethereum and Bitcoin. Additionally, a whale has extracted 80,000 SOL, indicating a long-term bullish attitude. Overall on-chain sentiment is optimistic, but future market movements still depend on capital flows.

Recently, the HTX platform experienced a large JST flow, with 960 million tokens transferred out within just a few minutes, amounting to $381 million. The funds quickly flowed to anonymous addresses and then to black hole addresses, indicating active large holders on the chain. The specific intent will be observed later.

The article discusses the vague definition of "altcoins" and the cyclical nature of the crypto market, emphasizing that in the context of real-world applications and the iteration of public chain ecosystems, altcoins still have opportunities. The key is to choose projects with actual value and application scenarios, rather than being preoccupied with the arrival or absence of the altcoin season.

Recently, the concentration of chips among early participants like P Little General in meme coins has sparked discussions, with some viewpoints considering this as a manifestation of decentralization. Although early investors bear risks, the success rate of meme coins is less than 10%, and most projects lack support. Investors need to be responsible for their decisions, and blindly following trends can lead to losses.

TrenVantage has launched a set of trading tools based on TradingView to enhance trading clarity, standardize trading structures, and optimize execution efficiency, making it easier for traders who habitually use TradingView for analysis.

Animoca Brands has acquired digital collectibles and gaming company SOMO, involving multiple games. This move aims to leverage its Web3 ecosystem to support SOMO's development, promote cross-game circulation and trading of digital assets, reflecting the development trend in the NFT gaming sector.

【BitPush】Recently, an interesting data has been circulating in the industry—Huanfang Quant under Liang Wenfeng's leadership performed remarkably in 2025, with an average return of 56.55%. Among quantitative private funds managing over 10 billion yuan, it ranks second, only behind Lingjun Investment with a return of 73.51%.
What does this achievement indicate? Huanfang Quant's current management scale has already surpassed 70 billion yuan. Looking back three years, the fund's average return was 85.15%; looking back five years, the cumulative average return reached 114.35%. This is not just a impressive performance report, but more importantly, it reflects the team's solid strength in quantitative strategies and risk control.
Many people have noticed a detail—the income from Huanfang Quant has provided sufficient R&D funding support for Liang Wenfeng's other project, DeepSeek. Huanfang Quant was established in 2008, when Liang Wenfeng was still studying information and communication at Zhejiang University.

【ChainNews】The internationalization of stablecoins has taken another step forward. According to the latest news, the Pakistani authorities have reached an agreement with the team behind the USD1 stablecoin on cross-border payment cooperation, planning to integrate its dollar stablecoin into the national digital payment infrastructure.
What does this mean? The Pakistan Central Bank will work closely with the team to officially incorporate the USD1 stablecoin into the regulated payment framework, enabling seamless collaboration with the local digital currency system. In other words, stablecoins are no longer just trading tools within exchanges but are truly entering the national financial system.
This central bank-level cooperation sends a signal: stablecoins are transforming from "innovations in the crypto space" into "practical solutions for cross-border payments." Especially for emerging markets, USD stablecoins can effectively reduce foreign exchange costs and accelerate international trade settlements—issues that many countries have been exploring.
It is expected that this cooperation

Bitcoin and cryptocurrency advocacy organizations have submitted recommendations to the U.S. Congress Taxation Committee, calling for an expansion of tax exemptions, including major tokens. The proposal suggests that stablecoins should enjoy cash-like tax treatment, with a network token market cap reaching $25 billion and transaction limits in place. The key lies in Congress's view of the status of cryptocurrencies, indicating that regulators are seeking a balance between innovation and risk control.

OpenSea has initiated token issuance preparations, with incentive amounts based on users' historical trading volume. The reward mechanism continues to operate, with half of the transaction fees allocated to the reward pool, aiming to share platform growth benefits, incentivize user trading activity, and benefit long-term users.

Backpack launches a new feature "Unified Prediction Portfolio," integrating prediction market operations. Users can flexibly place bids, execute trades, and hedge within a single account, enabling efficient capital utilization and solving the fragmentation issues of traditional platforms. This feature is currently in invite-only testing phase, aiming to create an advanced prediction market ecosystem.

【Blockchain Rhythm】According to liquidation data monitoring, Bitcoin's price faces two key liquidation pressure zones.
Downside risk: If BTC drops below $93,000, the accumulated liquidation strength of long positions on mainstream CEXs will reach approximately 1.218 billion. This means that once the price breaks through this level, it will trigger a chain reaction—liquidations of previous long positions will further cause selling pressure, leading to a sharp decline.
Upside resistance: Conversely, if Bitcoin can break through $97,000, the liquidation pressure on shorts will be around 548 million. Above this level, stop-losses for short sellers will be concentrated and triggered.
How to interpret the liquidation chart? Simply put, the varying heights of the bars on the chart do not reflect precise contract quantities or exact liquidation values, but rather "relative strength." In data terminology, it's called the importance index. In simple terms: the taller the bar, the more intense the market reaction when the price reaches that point, because a large number of positions will be triggered simultaneously.

In the first week of the new year, XRP price increased by approximately 8%, mainly due to capital rotation among crypto assets. The market is focused on the support level in the range of $2.22 to $2.39, which determines the resilience of the rally. The long-term target of $5 depends on macroeconomic improvements and Ripple's progress in financial infrastructure.