Crypto Market Outlook and Hot Topics

Macroeconomic Environment

Solana ETF has optimistic approval prospects

Industry experts are optimistic about the possibility of a Solana ETF being listed in the United States by 2025. The research director of a well-known asset management company believes that the current 77% prediction probability is underestimated. He stated that multiple companies plan to apply for the listing of a spot Solana ETF with regulators in June 2024. As the market's attention towards crypto ETFs increases, prediction platforms show that the likelihood of Solana ETF approval has risen to 86%.

To successfully go public, the Solana ETF needs to adopt a "grant trust" structure similar to that of Bitcoin and Ethereum ETFs, and avoid being classified as a security. This reflects the industry's expectation for more crypto asset ETFs to be listed, especially in the context of certain political figures supporting cryptocurrency.

encryption tax issues spark discussion

A certain tech entrepreneur's post on social media about taxation issues related to crypto trading has sparked heated discussions. He used the case of an investor to discuss tax treatment in cryptocurrency investments. This investor purchased a certain token for $7000 and staked it for 3 months to obtain high returns, but subsequently faced losses in further investments. This discussion has drawn attention to issues such as gas fee deductions and short-term capital gains tax in crypto trading.

Development in the Web3 Field

2025 Crypto Market Prediction

An analyst from a research institution released a prediction for the crypto market in 2025:

• The maturity of the MEV supply chain will intensify competition among exchanges and validators.
• The total market value of the DePIN market is expected to grow five times.
• Stablecoins will transition from being a DeFi lubricant to a true medium of exchange, with active addresses expected to exceed 50 million.
• The boundaries between wallets and applications will become blurred.
• The importance of general L2s may decrease in wallet layer applications due to chain abstraction.

large transaction of Ethereum Charity Fund

A certain Ethereum charity fund recently completed a large sale of 3,690 ETH, generating $12.47 million in revenue. This is the first sale by the fund in 10 months and also sets a new record for its largest transaction in history. The sold ETH comes from an early investor in the 2015 Ethereum ICO, who currently still holds about 85,000 ETH, worth nearly $300 million.

Hot Projects and Sectors

AI agents and data aggregation platforms are gaining attention

As a certain AI proxy platform's market capitalization surpasses $600 million, the market is increasingly focused on the application prospects of AI in the crypto market. Meanwhile, a certain DAO project, serving as a data aggregation infrastructure provider, and its tokens have also attracted the interest of investors. As the demand for data from both human and AI users increases, the value of data aggregation is significantly rising.

ZAILGO Project Overview

ZAILGO is an open-source AI agent and machine learning model platform that integrates blockchain and vector database technology. The platform supports CI/CD with Kubernetes and Docker, which helps improve the efficiency of application development and deployment. The project is led by renowned developers, and its token market capitalization recently surpassed $70 million, setting a new historical high.

Market Sector Performance

According to the latest data, AI-related projects have been active recently, with several projects showing significant increases. At the same time, the DeFi and NFT sectors are also showing a certain degree of upward trend. Investors should closely monitor the developments in these areas and reasonably assess risks and opportunities.