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VIPBitget VIP Weekly Research InsightsOver the past year, the performance of ETH and its ecosystem has been underwhelming, with the ETH/BTC ratio down by 30% year-to-date. However, it's important to note that BTC has faced a monthly-level correction after hitting resistance at $100,000, while Solana's DEX volumes have seen a significant decline. These shifts suggest that capital is starting to flow back into the ETH ecosystem, with whales quietly accumulating assets over the past year. Several promising projects within the ETH ecosystem and on EVM chains are worth highlighting.
VIPBitget VIP Weekly Research InsightsAs the regulatory landscape for DeFi and cryptocurrencies in the United States becomes clearer, top-performing DeFi projects with strong profitability are poised to give their tokens genuine value. This could involve using a portion of their profits for token buybacks or directly distributing profits to token holders. If these proposals are implemented, the valuations of these DeFi projects could experience significant upward adjustments. Early market interest has already emerged, making these projects worth investors' attention.
VIPBitget VIP Weekly Research InsightsLast week, Vitalik Buterin and CZ hosted the DeSci (Decentralized Science) conference at Devcon, where Vitalik unveiled the first DeSci product. CZ also expressed ambitions to see 1000 DeSci products next year, sparking widespread attention to the DeSci concept across the industry. Key speculative projects, RIF and URO, each surpassed a market cap of $100 million. As the sector continues to grow, DeSci remains an area worth close attention.
- 03:10Vitalik Buterin: We will strive to ensure that abstract accounts are not just a blockchain feature, but a reality for usersEthereum founder Vitalik Buterin, in response to OPLabs member MarkTyneway's question about the "insufficient number of wallets supporting EIP-7702", stated that he will work hard to ensure that 7702 (or a later, more powerful AA version, which doesn't require any "ECDSA master key") is not just a blockchain feature, but also a reality for users.
- 03:09The Salvadoran Congress approves the president's reform proposal on the national Bitcoin lawMarket news, the Salvadoran Congress has passed the president's reform proposal on the national Bitcoin law.
- 03:07The smart money that once bottom-fished ETH for a profit of 1.27 million USD bought BTC last nightNews on February 2, according to on-chain analyst @ai_9684xtpa's monitoring, the smart money that made a profit of $1.27 million by buying ETH at its low point during the crash on August 5 last year, bought BTC at its low point last night. First, they collateralized 13.74 million USD0++ in Morpho and borrowed 10.9 million USDC; used 5.498 million USDC to buy 53.82 WBTC at an average price of $102145; then added liquidity to Uniswap V2 with these 53.82 WBTC and the remaining 5485000 USDC for LP fees; currently this portion of BTC is showing a loss of $56000.