Web3 Market Dynamics and Hotspot Analysis

1. Market Highlights

1. Market Trends

(1) Macroeconomic Environment

After the release of the November CPI data in the United States, market expectations for a Federal Reserve rate cut have increased. The data shows that the November CPI rose by 2.7% year-on-year and by 0.3% month-on-month, both meeting or slightly exceeding expectations. This data has boosted market sentiment, with the probability of a rate cut exceeding 96%.

As a result, the major U.S. stock indices generally rose. The S&P 500 index increased by 0.8%, and the Nasdaq index surged by 1.77%, breaking through 20,000 points for the first time. Tech stocks performed well, with Tesla rising nearly 6%, and Google, Meta, and Amazon hitting new highs. Cryptocurrency-related stocks also performed strongly.

(2) Web3 field

After the release of the CPI data, the cryptocurrency market as a whole rebounded. Bitcoin rose by 4.5%, returning to above $100,000, while Ethereum broke through $3,800. Altcoins generally rebounded, recovering to pre-decline levels. Data shows that the net inflow of the U.S. Bitcoin spot ETF was $223 million on that day, with over 970 million USDT flowing into exchanges within 24 hours, indicating active market trading.

In the meme coin sector, DOGE, SHIB, WIF, and others have surged by double digits. AI concept tokens such as NEAR, ICP, and Render have also achieved gains of over 10%, indicating sustained market interest in emerging sectors.

2. Hot Events

(1) Macroeconomic Environment

Former Republican CFTC Commissioner Brian Quintenz is seen as a leading candidate for the CFTC chairmanship, potentially signaling a significant shift in the Trump administration's crypto regulatory policies. Quintenz is currently responsible for policy affairs at a16z Crypto, and his potential appointment has sparked widespread interest in the market.

(2) Web3 field

Nature reported on the innovative model of the DeSci project ResearchHub. The platform incentivizes academic peer review through its native token RSC, with each paper review earning approximately $150 worth of token rewards. A biology consultant stated that his earnings from reviewing papers have exceeded his salary while serving as a professor.

After the announcement, the price of RSC surged, increasing by 22.7% within 24 hours, reaching as high as $1.04.

3. Hot Topics Narrative

Decentralized Science (DeSci) has once again become a hot topic in the cryptocurrency industry. Google Trends data shows that the search popularity of this keyword has reached a five-year high. DeSci is addressing the challenges faced by traditional science in various fields, including funding shortages, data sharing, and collaboration.

With the rise of tokens like $RIF and $URO, DeSci has attracted significant attention from investors but also faces some skepticism. However, the report by Nature on ResearchHub has sparked renewed interest. Currently, the total market capitalization of leading DeSci tokens has surpassed $1.2 billion, demonstrating tremendous growth potential and market recognition.

2. Hot Projects

$arc | AI

• Building Rig, a Rust library for creating scalable, modular LLM-driven applications.
• $arc is the token of the founder of the rig framework.
• Built on Rust, native to Solana, with excellent speed, scalability, and security.
• The roadmap includes: multi-agent systems, specific agent platforms, on-chain operation capability agents, on-chain data reading agents, integration with other agent networks, and developer education content.

3. Sector Rotation

Recent performance data of market hot sectors and internal segments show that AI and DeFi-related projects continue to receive attention, while the emerging DeSci field also demonstrates growth potential. Specific data and trends need further observation and analysis.