1. Attention Value-Market Key Points
1. Market conditions
(1) Macro environment:
Franklin Templeton's Outlook on the Crypto Industry in 2025: The Transition from Speculation to Utility
Franklin Templeton Digital Assets released its 2025 crypto industry outlook, emphasizing that as the underlying technology of cryptocurrencies matures, the industry will undergo a transformation from speculation to utility. The outlook points out that key factors include regulatory clarity, institutional adoption, and technological progress. The U.S. Securities and Exchange Commission (SEC) is expected to promote the diversification of financial products related to cryptocurrencies, helping the United States regain its position as a global center for crypto innovation. At the same time, the United States will launch a stablecoin regulatory framework to pave the way for major financial institutions to issue their own stablecoins. Bitcoin will further consolidate its position as a digital value storage asset, and some countries may increase their strategic reserves. In addition, as industries seek efficient decentralized solutions, the demand for decentralized physical infrastructure networks (DePINs) will rise. The combination of artificial intelligence and cryptocurrencies will also accelerate, and blockchain technology will provide transparency and verification for the AI economy. Overall, 2025 will be an important turning point for the crypto industry, and stakeholders from all parties need to pay attention to these dynamic changes.
(2) Web3 field:
San Francisco Fed President Daly: Cryptocurrency should be considered an independent asset and does not yet have the conditions to become a "currency"
San Francisco Fed President Mary Daly said in a podcast on December 31 that cryptocurrencies should be viewed as a separate asset class and not lumped in with gold. She noted that the complexity of cryptocurrencies makes them not yet ready to be "currencies." Daly stressed that it is crucial to understand the true meaning of cryptocurrency, and mentioned that it can be used as a currency, medium of exchange, or asset, but these definitions need to be clarified. She further pointed out that although cryptocurrencies sometimes exhibit gold-like properties, they are not equivalent to gold. Daly agreed with Federal Reserve Chairman Powell that cryptocurrencies do not currently have the necessary attributes to be currencies.
2. Hot events
(1) Macro environment:
l Judge postpones CFTC and Gemini trial to January 21, which may affect the future direction of the crypto industry
New York court judge Alvin Hellerstein decided to postpone the civil trial of the U.S. Commodity Futures Trading Commission (CFTC) and Gemini Trust to January 21, 2024. The trial date was originally scheduled for January 13. The case stems from the CFTC's 2022 charges against Gemini, accusing it of providing false or misleading statements to the CFTC when applying to offer Bitcoin futures contracts in 2017. The new trial date will coincide with the inauguration of the new president, which may affect the CFTC's position on Gemini and other crypto companies. The court stated that no further postponements will be approved unless there are special circumstances.
(2) Web3 field:
Brian Armstrong: ResearchHub community grows significantly, and will focus on improving academic publishing and fundraising in 2025
On December 31, Coinbase CEO Brian Armstrong said on social media that the ResearchHub community has achieved significant growth in the past year. He mentioned that it is exciting that some ideas conceived a few years ago are finally starting to take shape. Looking ahead to 2025 and beyond, Armstrong emphasized that there is still a lot of work to be done, including improving academic publishing (shortening the publishing cycle of ResearchHub journals), optimizing peer review (providing rewards for reviewers), fundraising, and promoting repeated verification of research results (introducing prediction markets).
3. Hot topic narrative
l AI Meme tokens surge: ai16z and ELIZA both hit record highs, causing trademark disputes
On December 31, AI Meme tokens generally rose, with ai16z and ELIZA both hitting record highs. ai16z rose 35.6% in 24 hours, reaching a market value of $1.86 billion; while ELIZA's increase was even more significant, reaching 56.4%. The AI agent project has attracted widespread attention, and ai16z announced on social media that ElizaV2 is in the early development stage, with the goal of improving architecture, increasing scalability, and optimizing plugin management. The team said that V1 will remain stable and focus on pull requests, documentation, and problem fixes, while recommending that developers continue to develop based on V1 and will notify users once the test plan date for V2 is determined. In addition, Haseeb Qureshi, managing partner of Dragonfly, raised on social media whether the market value of ai16z infringed on a16z's trademark rights. He pointed out that ai16z initially seemed to be a parody project, but now it has become more legitimate and has an active development roadmap. He also mentioned: "It's hard to become a $1 billion token without commercial intent."
2. Attention Value-Hot Projects
1. Project Introduction
l $dGPU | AI Agent | @dantegpu
- ANTE-GPU is an AI intelligent agent and market platform based on Solana, which aims to intelligently recommend the optimal AI model and GPU combination based on the user's project needs.
- The platform provides real-time availability checks, budget and performance customization recommendations, and supports flexible billing, helping users optimize projects for best performance at the most reasonable cost.
- ANTE-GPU can solve the problems of low resource utilization, high cost and limited access rights of traditional GPUs.
3. Attention Value-Sector Rotation
1. Hot topics
Source: Dune, Dot Labs
Source: Dune, Dot Labs
2. Inside the plate
Source: Dune, Dot Labs
