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VIPBitget VIP Weekly Research InsightsOver the past few weeks, BTC has repeatedly tested the $100,000 resistance level, briefly breaking through multiple times before failing to hold, resulting in sharp declines Altcoins have entered a technical bear market, though SOL has shown resilience during both downturns and rebounds. However, the trading frenzy surrounding Solana-based memecoins has cooled, while discussions of institutional unlocking have gained traction on social media. On the night of March 2, Trump announced plans to establish a strategic crypto reserve, explicitly mentioning BTC, ETH, XRP, SOL, and ADA. This statement briefly reignited market sentiment amid oversold conditions, triggering a sharp crypto rebound. However, macroeconomic conditions remain largely unchanged, and liquidity recovery is a gradual process. The rally sparked by Trump's comments quickly faded, suggesting the market may still face further downsides. The following recommendations highlight projects worth monitoring in the current cycle, though they may not yet have reached an optimal entry point.
Quick Take The blockchain scaling landscape is evolving beyond the modular vs. monolithic debate, with multiple approaches like app-specific L1s gaining traction alongside rollups and high-performance chains. The Avalanche Etna upgrade introduced major changes, including reduced transaction fees, dynamic fee structures, and greater flexibility for developers to launch independent L1s, boosting the network’s overall scalability Avalanche’s ecosystem is expanding, with growing adoption in DeFi, gaming, and S
VIPBitget VIP Weekly Research InsightsThe recent decline in the crypto industry stems from several key factors. First, volatility in the macroeconomic environment—such as the sharp drop in US stocks and global market uncertainty—has weighed heavily on high-risk assets like Bitcoin. Second, an increase in hacker attacks, including a $1.5 billion cryptocurrency theft on February 22, triggered panic and led to over 170,000 liquidations. Third, rising regulatory pressure, such as the SEC’s increased scrutiny of cryptocurrencies in the US and restrictions on trading and mining in some countries, has further undermined investor confidence. Additionally, the market is in a consolidation phase, with many funds buying the dip in the short term but quickly exiting as risk appetite declines. Finally, Bitcoin's failure to break through key resistance levels has led to weak demand and network activity, while ETF outflows have exacerbated the downward pressure. These combined factors have created short-term strain on the crypto market, contributing to its decline. As a result, this edition focuses on Earn-related products.
VIPBitget VIP Weekly Research InsightsRecently, BTC has weakened, altcoins have declined across the board, and trading volume on the Solana blockchain has continued to shrink. Daily transaction volume on Solana has hit new yearly lows, with over $200 million in sell-offs on pump.fun in just over two months since the start of the year. Additionally, the hype surrounding Argentina's president-related memecoin last weekend drained additional liquidity from the Solana network. Adding to investor concerns, a large amount of SOL is set to be unlocked on March 1, exacerbating deteriorating sentiment and leading to a noticeable decline in market wealth effects. Against this backdrop, investors are advised to reduce leverage, manage risk, and reserve funds for potential dip-buying opportunities. This edition highlights several USDT-based, SOL-based, and BTC-based Earn products, offering investors a diverse range of investment options.
Quick Take Franklin Templeton’s registration statement posted on Friday included language around language on staking for a proposed Franklin Solana ETF. “I think staking will ultimately be allowed for all proof-of-stake assets inside an ETF wrapper,” said Bloomberg ETF analyst James Seyffart.
VIPBitget VIP Weekly Research InsightsCurrently, the two main drivers of liquidity into the crypto market are ETF net inflows and new stablecoin issuances. Recently, several U.S. financial giants have applied to launch spot ETFs for assets such as XRP and LTC. If approved, these ETFs could present a significant opportunity for both the assets and the broader crypto market. Investors may consider positioning themselves early, particularly during market downturns, to capitalize on potential bullish catalysts.
- 04:51Foreign Media: Limited Supply of Nvidia H20 Chips, No Plans to Resume ProductionAccording to a report by Jinse Finance, The Information reported on Saturday that Nvidia has informed its Chinese clients that the supply of its H20 chips is limited and that it does not intend to resume production. Under U.S. export restrictions, the H20 chip is the most powerful AI chip permitted for sale to China. Citing two sources familiar with the matter, the report stated that the U.S. government's ban on H20 chip sales in April forced Nvidia to cancel customer orders and to withdraw its reserved manufacturing capacity for the chip at TSMC. (Jin10)
- 04:23Ethereum Staking Surpasses 36 Million, Accounting for 29.15% of Total SupplyOdaily Planet Daily News: According to Dune data, the total amount of staked Ethereum has surpassed 36 million, currently standing at 36.07 million ETH. Staked ETH now accounts for 29.15% of the total supply. Since the Shanghai upgrade, there has been a net inflow of 17.91 million ETH, with the liquid staking protocol Lido holding a 25.21% share of the staked amount.Ethereum transitioned from Proof of Work (PoW) to Proof of Stake (PoS) in September 2022. The Shanghai upgrade officially went live on April 12, 2023, introducing the staking withdrawal feature, which allows validators to withdraw their staked ETH and accumulated staking rewards.
- 04:12Bitcoin dominates 43% of social media discussions, analysts warn of short-term correction riskAccording to Jinse Finance, data from market analysis platform Santiment shows that Bitcoin now accounts for 43.06% of discussions on cryptocurrency social media, reaching a record high. Analysts note that such heightened attention is often accompanied by short-term price corrections, and advise investors to wait for market sentiment to cool before seeking entry opportunities. Although Bitcoin recently hit a historic high of $123,100, some analysts believe the market has not yet shown signs of overheating. CryptoQuant analysts point out that typical market peak indicators have not yet appeared, suggesting the upward trend may continue.