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Rhythmic Morning Post | Solana ecological meme token SILLY exceeded US$0.047, with a 24-hour increase expanding to 211%; INJS will restart minting at 22:00 today

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GM! A list of important information about the encryption industry last night and this morning on December 21st

Selected News:

1. Solana ecosystem meme token SILLY broke through $0.047, with a 24-hour increase of 211%.

2.1 CAT's first trading address spent 603.13 ETH to buy 4.13 billion 1CAT when it opened, and sold 3.89 billion 1CAT 15 minutes later for a profit of 156 ETH.

3.INJS: Coin minting will be restarted at 22:00 tomorrow, and valid block information will be announced 1 hour before the start.

4. GrapeCoin (GRAPE) raised a total of 40,321.7 ETH in its public offering and will airdrop GRAPE on December 21 at 18:30.

5. Pantera Capital partner releases 6 major predictions for the cryptocurrency industry in 2024.

Price Observation

NEAR surged above $2.9, with a 24-hour increase of 22%

On December 20th, according to OKX market data, NEAR rose and broke through $2.9, with a current price of $2.93 and a 24-hour increase of 22%.

MINA surged above $0.92, with a 24-hour increase of 21%

On December 20th, according to OKX market data, MINA rose and broke through $0.92, with a current price of $0.922 and a 24-hour increase of 21%.

Solana ecosystem meme token SILLY breaks $0.047, with a 24-hour increase of 211%On December 20th, according to market data, the Solana ecosystem meme token SILLY broke through $0.047 and is now priced at $0.04715, with a 24-hour increase of 211%.

SOL breaks $80, up 8.26% in 24 hours

On December 20th, according to OKX market data, SOL broke through $80 and is now priced at $80.25, with a 24-hour increase of 8.26%.

Bitcoin breaks $44,000, up 3.09% in 24 hours

On December 20th, according to OKX market data, Bitcoin broke through $44,000 and is currently priced at $44,047, with a 24-hour increase of 3.09%.

STX surged above $1.46, with a 24-hour increase of 23.78%.

On December 20th, according to OKX market data, STX rose and broke through $1.46, currently priced at $1.467, with a 24-hour increase of 23.78%.

Transaction Tracking

A certain whale address in the trading sector sold 1000 ETH today and still holds 17,099 ETH.

On December 21st, according to on-chain data analyst @ai_9684xtpa, a whale address with a 100% win rate in the band since November is currently selling ETH on the chain. In the past 10 minutes, the whale address has sold multiple batches of 800 ETH on the chain, with an average price of $2242. Together with the portion sold this afternoon, a total of 1000 ETH has been sold today.

It is reported that the address had accumulated a total of 12,353 ETH with an average cost of $1,975 between November 14th and November 28th. Currently, it still holds 17,099 ETH with a value of $38.53 million.

A certain ETH whale address transferred 6.87 million USDC to Binance half an hour ago.

On December 20th, according to on-chain data analyst @ai_9684xtpa, a certain ETH whale address transferred 6.87 million USDC to Binance half an hour ago. It is reported that the address had sold 9,683 ETH on December 17th (with a single coin cost of $2,178), earning about $410,000.

1CAT's first trading address spent 603.13 ETH to buy 4.13 billion 1CAT at the opening, and sold 3.89 billion 1CAT 15 minutes later for a profit of 156 ETH.

On December 20th, according to Lookonchain monitoring, the address that made the first purchase of 1CAT at the opening spent 603.13 ETH (approximately $1.33 million) to buy 4.1389 billion 1CAT, of which 303.13 ETH (approximately $670,000) was used as a bribe to miners. Later, the address sold 3.892 billion 1CAT at a price of 759 ETH (approximately $1.68 million), earning 156 ETH (approximately $345,000) in 15 minutes.

Project Updates

Bounce has announced a new Launchpad project, including the Bitcoin ecosystem cross-chain trading protocol Bitswap.

On December 21st, Bounce Launchpad announced the "Two Birds, One Stone" Launchpad project, which includes NFT AMM protocol Ladder Protocol and Bitcoin ecosystem cross-chain trading protocol Bitswap.

· More tokenized social experiences: Tokenization plays a key role in reshaping social experiences. Substitutable tokens are more likely to be a novel form of points and loyalty systems, while non-fungible tokens (NFTs) are more likely to serve as personal profiles and social resources. Both can be traded on the chain and participate in the DeFi ecosystem.

· Stablecoins, mirrored assets, and other TradFi-DeFi "bridges" are increasing: institutional adoption is expected to increase significantly, with institutions seeking tokenization of real-world assets (RWA) and TradFi financial products in addition to ETFs. TradFi assets will be "mirrored" in DeFi, while exposure to crypto assets will increase in the TradFi market, creating a TradFi-DeFi "bridge" that will bring these two worlds closer together, increasing investor liquidity and diversification.

· Modular narrative and ZK narrative integration: Zero-knowledge proof will become the interface between different components of the modular blockchain stack. This provides greater flexibility for developers building DApps and reduces the entry barrier for the blockchain stack.

· More computationally intensive applications will be put on the chain, such as AI and DePIN: expensive applications will become more economically feasible on the chain in the near future. This includes vertical applications such as on-chain artificial intelligence systems, decentralized physical infrastructure networks (DePIN), on-chain knowledge graphs, and fully on-chain games and social networks. All of these could fundamentally reshape the on-chain data economy, greatly improving the experience for users and developers as they are freed from heavy gas fees and strict limitations on computing power.

· Central radiation model of public chain integration and application chain: In the past few years, the surge of L1 and L2 chains has not made much difference to users. Smaller ecosystems must focus their energy on specific vertical fields (such as social, gaming, DeFi) to maintain their advantages and effectively become "application chains" or "track chains".

Etherscan: In the past few weeks, 95% of the transaction activity on the main EVM chains has been attributed to the inscription of inscriptions.

On December 21st, Etherscan tweeted that over the past few weeks, 95% of the transaction activity on the main EVM chains was inscription carving activity.

CryptoQuant: Bitcoin halving and ETF approval may drive Bitcoin to rise to $160,000

On December 21st, CryptoQuant analysts stated in a report that the expected demand for Bitcoin from multiple US spot ETFs, the upcoming halving, and the growth of the broader stock market in the background of interest rate cuts could push Bitcoin to a high of $160,000. At the same time, analysts said that the bull market may begin in 2024. (CoinDesk)

Solana ecosystem DEX daily trading volume exceeds $1.2 billion, the second time in history to surpass Ethereum

On December 21st, according to on-chain data, the daily trading volume of Solana's ecosystem DEX exceeded Ethereum for the second time in history, with a daily trading volume of over 1.2 billion US dollars. Analysts believe that Solana's trend of gaining market share may continue due to its low cost fees, faster transaction speeds, and recent wealth effects in the ecosystem, providing a better user experience.

ETH/BTC exchange rate hits a new 18-month low.

On December 21st, according to market data, the ETH/BTC exchange rate hit a new 18-month low, now reported at 0.04995, with a 24-hour decline of 2.82% and a 30-day decline of 8.27%.

Financing Express

Insider: Anthropic is in talks to raise $750 million in a venture capital round led by Menlo Ventures

On December 21st, according to The Information, two sources revealed that AI company Anthropic is in talks to raise $750 million in a round of venture capital led by Menlo Ventures.

Excluding this investment, the valuation of this two-year-old artificial intelligence startup is $15 billion, more than three times its valuation in the spring of this year. The final details of this round of investment have not been confirmed yet. According to a third source, the final price may reach $18 billion.

Web3 infrastructure web3mine completes $6 million seed round financing, led by 1kx

On December 20th, Web3 infrastructure web3mine completed a $6 million seed round of financing. The round was led by 1kx, with participation from PL Ventures and several angel investors.

It is reported that web3mine aims to enable the world to collectively coordinate capital and hardware, and build open, high-performance, and flexible computing infrastructure for everyone. The liquidity staking solution provided by web3mine for the Filecoin network is the first among many solutions: the team is expanding its service scope to provide services for other web3 public utility networks.

Web3 tax service company Tres Finance completes $11 million Series A financing, led by Lightspeed Faction

On December 20th, according to The Block, Tres Finance, a Web3 tax startup, completed a $11 million Series A financing round. The round was led by Lightspeed's new fund Faction, with participation from New Form, Boldstart Ventures, Cyber Fund, and Ambush Capital. This round of financing brings Tres' total funding amount to $18.6 million.

It is reported that Tres provides accounting, auditing, reporting, and other financial services to Web3 company. Tres raised $7.6 million in seed funding in September 2022, led by Boldstart Ventures and Alchemy Ventures.

Regulatory News

BlackRock's approval of spot Bitcoin ETF as a key priority for the company

On December 21st, according to Fox Business, BlackRock, the world's largest asset management company, has made its spot Bitcoin ETF approved by the SEC a key priority for the company.

BlackRock founder and CEO Larry Fink referred to Bitcoin as an "international asset" and a "store of value" that can be compared to the long-term position of gold.

Grayscale meets with SEC again to discuss GBTC matters

On December 21st, Bloomberg ETH analyst James Seyffart wrote that "Grayscale and the SEC met again to discuss matters regarding GBTC. Grayscale still insists on seeking physical payment." James also stated that "I am almost completely on the side of Grayscale, BlackRock, and other issuers who have pushed or are pushing for physical payment. This is a simpler and more efficient way to operate ETFs."