The altcoin market is in a zero-sum game state, with only a few projects able to survive in this cycle.
Author: Deep Tide TechFlow
Yesterday's Market Dynamics
Fidelity Bitcoin and Ethereum ETF sees largest single-day net outflow since launch
According to The Block, Fidelity's spot Bitcoin and Ethereum ETFs experienced their largest single-day net outflow since launch on January 9. Specifically, FBTC had a net outflow of $258.7 million, while FETH saw a net outflow of $147.7 million.
The total net outflow for spot Bitcoin ETFs reached $582.9 million, and for spot Ethereum ETFs, it was $159.3 million. BlackRock's IBIT faced a net outflow of $124 million, marking the third-largest single-day outflow in the product's history. Despite this, Fidelity's ETF products still maintain the second-largest cumulative net inflow among spot Bitcoin and Ethereum funds.
Analyst Miles Deutscher: Expect significant market improvement in February, advises investors to avoid using leverage and wait for opportunities
Renowned crypto analyst Miles Deutscher predicted a significant improvement in the crypto market in February. He analyzed several key factors: Trump's potential return could bring positive news, the impact of the Justice Department's Bitcoin sell-off has been digested by the market, the Federal Open Market Committee (FOMC) will enter a quiet period before March, and February's seasonal market performance is typically stronger than January's.
Miles advised investors to remain calm in the current market conditions, hold spot positions, avoid using leverage, reduce short-term trading frequency, and gradually build high-confidence positions.
Kava plans to transform into a DeAI blockchain by 2025, will release AI development roadmap in January
According to official news, L1 public chain Kava announced plans to transform into the first decentralized artificial intelligence (DeAI) blockchain by 2025. Kava will release three important updates in January: a DeAI light paper, a 2025 AI development roadmap, and a product that supports developers in embedding AI features in dApps.
CryptoQuant CEO: The altcoin market is in a zero-sum game state, with only a few projects able to survive in this cycle
CryptoQuant CEO Ki Young Ju stated that despite Bitcoin's market cap doubling, the total market cap of altcoins has not surpassed historical highs, indicating a zero-sum game state in the market. The current altcoin market mainly relies on internal capital rotation, lacking new capital inflows, and it is expected that only a few projects with strong application scenarios and market narratives will survive in this cycle.
Open-source multi-agent framework ElizaOS officially launched on Arbitrum, AI developers can apply for dual funding program
According to official news, the open-source multi-agent framework ElizaOS developed by a16z DAO has officially launched on Arbitrum. This framework supports advanced multi-agent simulations, retrieval-augmented generation (RAG) dialogue memory features, and cross-Arbitrum ecosystem deployment.
It is reported that AI developers can apply for two funding programs simultaneously: the $1 million Trailblazer program for independent agent developers and the Stylus Sprint program that supports interaction with Rust-written Stylus smart contracts. The integration of ElizaOS will provide developers with more tool support and deeply integrate into the a16z DAO ecosystem.
Binance Alpha adds FAI, VERTAI, and VADER
According to official news, Binance Alpha has added FAI, VERTAI, and VADER.
Freysa is an integrable sovereign AI agent project based on the Base network. FAI currently has a market cap of $456.69 million.
VERTAI is a no-code AI model fine-tuning platform based on the Ethereum network, with a current market cap of $6.615 million.
VaderAI, based on the Base network, positions itself as the BlackRock of the "AI agent economy." VADER currently has a market cap of $79.71 million.
OKX to launch Jambo (J) spot trading on January 22
OKX announced that it will launch Jambo (J) spot trading on January 22. The J/USDT trading pair will undergo a collective auction from 18:00 to 19:00 (UTC+8) on January 22, with official spot trading opening at 19:00. Withdrawal functions will be available the next day (January 23) at 18:00.
Previous news reported that Web3 mobile infrastructure provider Jambo announced it will launch the token $J on the Solana chain in January, with a total supply of 1 billion tokens.
CryptoQuant CEO: The altcoin market is in a zero-sum game state, with only a few projects able to survive in this cycle
CryptoQuant CEO Ki Young Ju stated that despite Bitcoin's market cap doubling, the total market cap of altcoins has not surpassed historical highs, indicating a zero-sum game state in the market. The current altcoin market mainly relies on internal capital rotation, lacking new capital inflows, and it is expected that only a few projects with strong application scenarios and market narratives will survive in this cycle.
DePIN project Starpower completes $2.5 million financing, led by Framework Ventures
The decentralized energy infrastructure network (DePIN) project Starpower has completed $2.5 million in financing, led by Framework Ventures, with participation from Solana Ventures and Bitscale Capital.
It is reported that Starpower is building a decentralized energy network that includes energy storage batteries and electric vehicles. Currently, the project has registered a total of 1.5 million wallets, activated over 16,000 devices, and generated $1 million in revenue. Previously, Starpower secured $1.5 million in seed funding led by DAO Alliance, bringing the total financing amount to $4 million.
Market Dynamics
Recommended Reading
As more traditional financial giants like BlackRock enter the space, the demand and development of institutional-level DeFi will accelerate. BlackRock, digital securities platform Securitize, and DeFi infrastructure layer Elixir have formed a tripartite partnership to build a bridge to the DeFi ecosystem for over $1 billion in institutional-level RWA assets. Elixir has demonstrated mature institutional service capabilities, successfully constructing a secure, reliable, and efficient institutional-level RWA infrastructure.
Prediction markets have been elevated to a higher status, regarded as "truth engines." However, recent controversial cases have exposed numerous systemic design flaws, raising doubts about the credibility of prediction markets. The article analyzes the root causes of these issues and proposes corresponding optimization suggestions, including fixed market rules, establishing rule priorities, and introducing reputation-based verification mechanisms.
Comparison of new and old AI concept coins: Chasing the sunrise once more before the sunset
The current status of new and old AI concept coins: AI Agent tokens are in high demand, while AI concept coins are cooling off. The crypto market's pursuit of new concepts and trends has brought attention to AI Agent-related token projects, making them more topical and attractive compared to previous AI concept coins. Established AI concept coin projects like FET, WLD, and ARKM have shown relatively flat performance, with significant price declines.
DWF Ventures holds an optimistic view of the crypto industry in 2025, predicting that capital inflows will shift on-chain, stablecoin applications will experience explosive growth, and DeFi innovations will continue to advance.
Consumer-facing applications will be in high demand, and protocols that enhance user experience and retention will capture a larger market share.
This article provides a detailed analysis of the current state and trends in the AI agent field. With the emergence of numerous independent agents, tokens, and new agent tokens, the industry is facing the challenge of "agent fragmentation." The article comprehensively reviews and forecasts from multiple perspectives, including agent development paths, popular categories, and trends. It suggests that developers should focus on user needs and create differentiated products, while investors should concentrate on areas with integration potential and long-term growth opportunities.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
