Bitget Research Institute: The market remains volatile, and the Ethereum Goerli testnet has completed the Cancun upgrade

In the past 24 hours, many new popular currencies and topics have emerged in the market. Perhaps they will be the next market focus.

Written by: Bitget Research Institute

In conclusion

**1. Popular currencies: **

LIGO (Token): The BRC-20 token of the Bitcoin Layer 2 concept, deployed on December 3, 2023. Recently, the popularity of Mint has surged, with more than 12k holders, and mint has been completed. The BRC20 token LIGO has a good reputation in the secondary market performance, subsequent trends will depend on the research and development progress of government-owned projects.

Memecoin (Token): Memeland announced last week that it will issue mining rewards. Currently, more than 4 million accounts have joined mining. In order to eliminate some robots and wool-picking operations, each address needs to hold at least 69 MEME and pass 2 CAPTCHAs. For human proof testing, users have approximately 7 days to complete the above mandatory tasks.

FERRET (Token): The meme token that represents the name of the Apple AI project. The market value of the token once exceeded 8 million US dollars. The transaction volume in the past 24 hours was 9 million US dollars, and it is very popular.

ZUZALU (Token): A memecoin posted by V God on a tweet. In March, TGE rose sharply for a short time and then fell silent. Recently, it suddenly increased 40 times in 24 hours. After a correction, it rose sharply and broke a new high. The 24h Dex trading volume reached 13.78 million US dollars, and the market value was 19.66 million US dollars.

PENDLE (Token): Pendle has recently added LRT asset components, allowing users to obtain more LRT-related benefits. The product has been continuously iterated and received positive reviews from the community. The price of Pendle has reached a record high, and its product capabilities and iteration speed have also been recognized by hype funds.

**2. Popular NFT aspects: **

Altlayer OG Badge NFT (NFT): Ethereum expansion project Altlayer is listed on Binance Launchpool and announced token economics. AltLayer OG Badge NFT holders, Oh Ottie! NFT holders, qualified participants of the Altitude event, qualified EigenLayer re-hypothecaters and Celestia pledgers will receive token airdrops, which will increase the transaction volume and price of related NFTs.

**3. Popular DAPP aspects: **

BananaGun (Dapp): Telegram Bot project Banana Gun officially stated that its bot service has been launched on the Solana network and will continue to add new features after testing and has cooperated with Jito. The public sniping and internal limit order features are currently being tested.

Arbitrum (Dapp): The Arbitrum community voted to approve the “Long-term Incentive Pilot Program” proposal to distribute ARB to protocols built on Arbitrum. The total cost of the program is 45,815,000 ARB. The program will distribute ARBs to protocols within 12 weeks.

Circle (Dapp): Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Circle’s Cross-Chain Transfer Protocol (CCTP) have been integrated, allowing users to transfer USDC between different blockchains. At the same time, developers can build cross-chain use cases involving USDC cross-chain transfers through CCIP, including payments and other DeFi interactions.

Jupiter (Dapp): Jupiter Lianchuang stated that the JUP token will be launched on January 31. Before launching JUP, the team plans to test the new release platform first, in which 2 main tests will be conducted. One is testing mockJUP (mock JUP token) and the other is a meme coin that will be released next week.

Blast (Dapp): Blast, a Layer 2 network launched by Blur founder Pacman, announced that its test network has been officially launched. At the same time, Blast announced the launch of the “Blast BIG BANG” event for developers. The winning dapp will be promoted to Blast users after the mainnet is launched at the end of February, and 50% of the airdrops will be allocated to developers.

4.Twitter Hot Discussions:

Due to anomalies in the data source, there is no data in this section today.

**5. Regional hot searches: **

BTC (Token): The market is paying attention to the capital outflow of Grayscale GBTC. The negative premium of GBTC is about to be bridged, and there is still pressure to redeem BTC. Overall, traditional funds have net flowed into the crypto market through BTC ETFs, and BTC’s decline has been limited.

Text

Written by: Bitget Research Institute

Data statistics time: January 18, 10:30

Data source: Dune, Dapps, Twitter, Google

illustrate:

1) Newly added active users: refers to the wallet addresses newly generated in the public chain in the past 24 hours and having interactive behaviors on the chain

2) Existing active users: refers to wallet addresses that were generated on the public chain 24 hours ago but have interacted with the chain in the past 24 hours

3）Dapp Nikkatsu (UAW: unique active wallets)

4）TGE (Token Generation Event)

5) Entity in the report is the collective name for contract accounts (CA) and Ethereum original accounts (EOA), and is not the result of aggregation of entity addresses

1.BTC Image - BRC20

LIGO (Token): The BRC-20 token of the Bitcoin Layer 2 concept, deployed on December 3, 2023. Recently, the popularity of Mint has surged, with more than 12k holders, and mint has been completed. The BRC20 token LIGO has a good reputation in the secondary market performance, subsequent trends will depend on the research and development progress of government-owned projects.

2. Public chain portrait-ETH public chain

2.1 User portrait

2.1.1 Core Data

Total number of active ETH users: 409,588

Number of new active users of ETH: 86,171 Increase or decrease compared to yesterday: -6.01%

Number of active ETH users: 323,417 Increase or decrease compared to yesterday: +1.16%

2.1.2 Add user portrait

Core data: ETH added 86,171 new active users yesterday, -6.01% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Memecoin (Token): Memeland announced last week that it will issue mining rewards. Currently, more than 4 million accounts have joined mining. In order to eliminate some robots and wool-picking operations, each address needs to hold at least 69 MEME and pass 2 CAPTCHAs. For human proof testing, users have approximately 7 days to complete the above mandatory tasks.

2.1.3 Existing user portraits

Core data: There are 323,417 active ETH users, +1.16% compared to yesterday

Popular track conditions

Popular project status

Key projects:

BananaGun (Dapp): Telegram Bot project Banana Gun officially stated that its bot service has been launched on the Solana network and will continue to add new features after testing and has cooperated with Jito. The public sniping and internal limit order features are currently being tested.

2.2 Popular currency pairs

2.2.1 Uniswap V2

FERRET (Token): The meme token that represents the name of the Apple AI project. The market value of the token once exceeded 8 million US dollars. The transaction volume in the past 24 hours was 9 million US dollars, and it is very popular.

2.2.2 Uniswap V3

ZUZALU (Token): A memecoin posted by V God on a tweet. In March, TGE rose sharply for a short time and then fell silent. Recently, it suddenly increased 40 times in 24 hours. After a correction, it rose sharply and broke a new high. The 24h Dex trading volume reached 13.78 million US dollars, and the market value was 19.66 million US dollars.

2.3 Popular NFT

2.3.1 Top NFT Collection

Altlayer OG Badge NFT (NFT): Ethereum expansion project Altlayer is listed on Binance Launchpool and announced token economics. AltLayer OG Badge NFT holders, Oh Ottie! NFT holders, qualified participants of the Altitude event, qualified EigenLayer re-hypothecaters and Celestia pledgers will receive token airdrops, which will increase the transaction volume and price of related NFTs.

3. Public chain portrait-BSC public chain

3.1 User portrait

3.1.1 Core Data

Total BSC active users: 1,256,316

Number of new active users of BSC: 178,185 Increase or decrease compared to yesterday: -7.26%

Number of active BSC users: 1,078,131 Increase or decrease compared to yesterday: -5.10%

3.1.2 Add user portrait

Core data: BSC added 178,185 new active users yesterday, -7.26% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Tinytap (Dapp): TinyTap is a large library of games created by teachers. The project became part of Animoca Brands and aims to build an open education system based on the blockchain. Animoca Brands claimed that it intends to purchase additional EDU tokens from the open market, and Binance Labs invested US$3.15 million in the Web3 education protocol Open Campus, bringing a certain amount of traffic to the web3 education sector.

3.1.3 Existing user portraits

Core data: BSC has 1,078,131 active users, -5.10% compared to yesterday

Popular track conditions

Popular project status

Key projects:

QnA3.AI (Dapp): Web3 knowledge sharing platform based on AI, which has received widespread attention from players on the BNB chain. The project currently has a data mining mode. Users can join and use the idle computing resources on their devices to perform data cleaning and data capture on large models, and provide point rewards for users who contribute computing power.

3.2 Popular currency pairs

3.2.1 PancakeSwap V2

There are no particularly popular tokens on the dex on BSC.

4. Public chain portrait-Polygon public chain

4.1 User portrait

4.1.1 Core Data

Total Polygon active users: 589,293

Number of new active users of Polygon: 122,565 Increase/decrease compared to yesterday: +9.01%

Number of existing active Polygon users: 466,728 Increase or decrease compared to yesterday: -1.27%

4.1.2 Add user portrait

Core data: Polygon added 122,565 new active users yesterday, +9.01% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Turnup (Dapp): Web3 Social Gaming Eco, the transaction data on the chain continues to increase, and it ranks among the top daily active users of Polygon Dapp. The project team promised on Twitter that when it reaches the top 1 daily active, it will conduct an AMA with Polygon Founder - Sandeep Nailwal.

4.1.3 Existing user portraits

Core data: Polygon has 466,728 active users, -1.27% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Smartcat (Dapp): The NFT project launched by Smart Layer is very popular on the chain. Users can interact with SmartCat NFT such as Feed and Clean, and the interaction is extremely active.

4.2 Popular currency pairs

4.2.1 Uniswap V3

There are no particularly popular coins on Polygon.

5. Public chain portrait - Arbitrum public chain

5.1 User portrait

5.1.1 Core Data

Total Arbitrum active users: 165,857

Number of new active users in Arbitrum: 28,233 Increase or decrease compared to yesterday: +3.06%

Number of existing active users of Arbitrum: 137,624 Increase or decrease compared to yesterday: +17.05%

5.1.2 Add user portrait

Core data: Arbitrum added 28,233 new active users yesterday, +3.06% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Arbitrum (Dapp): The Arbitrum community voted to approve the “Long-term Incentive Pilot Program” proposal to distribute ARB to protocols built on Arbitrum. The total cost of the program is 45,815,000 ARB. The program will distribute ARBs to protocols within 12 weeks.

5.1.3 Existing user portraits

Core data: Arbitrum has 137,624 active users, +17.05% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Circle (Dapp): Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Circle’s Cross-Chain Transfer Protocol (CCTP) have been integrated, allowing users to transfer USDC between different blockchains. At the same time, developers can build cross-chain use cases involving USDC cross-chain transfers through CCIP, including payments and other DeFi interactions.

5.2 Popular currency pairs

5.2.1 Uniswap V3

PENDLE (Token): Pendle has recently added LRT asset components, allowing users to obtain more LRT-related benefits. The product has been continuously iterated and received positive reviews from the community. The price of Pendle has reached a record high, and its product capabilities and iteration speed have also been recognized by hype funds.

6. Public chain portrait - Base public chain

6.1 User portrait

6.1.1 Core Data

Base total active users: 71,081

Number of new active users in Base: 11,883 Increase or decrease compared to yesterday: +6.11%

Number of existing active users in Base: 59,198 Increase or decrease compared to yesterday: -0.51%

6.1.2 Add user portrait

Core data: Base added 11,883 new active users yesterday, +6.11% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Odos (Dapp): Odos Protocol is the first Dex aggregator that allows users to exchange multiple tokens into one asset in a single atomic transaction, which can easily convert a basket of input tokens into the desired output in one go , thus saving gas costs and limiting market volatility.

6.1.3 Existing user portraits

Core data: Base has 59,198 active users, -0.51% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Dmail (Dapp): Dmail is an email application based on Web3.0 and Dfinity technology. It integrates NFT functionality and distributed storage. Each account itself is an NFT. This project aims to eliminate the differences between traditional email systems and blockchain-based email systems, thereby lowering the barriers for users and developers to participate in the crypto world. Dmail is designed to make using blockchain technology as easy and intuitive as the Internet.

7.DAPP Ecosystem-All Public Chains

Jupiter (Dapp): Jupiter Lianchuang stated that the JUP token will be launched on January 31. Before launching JUP, the team plans to test the new release platform first, in which 2 main tests will be conducted. One is testing mockJUP (mock JUP token) and the other is a meme coin that will be released next week.

8.DAPP Ecology-ETH Public Chain

Blast (Dapp): Blast, a Layer 2 network launched by Blur founder Pacman, announced that its test network has been officially launched. At the same time, Blast announced the launch of the “Blast BIG BANG” event for developers. The winning dapp will be promoted to Blast users after the mainnet is launched at the end of February, and 50% of the airdrops will be allocated to developers.

9.DAPP Ecology-BSC Public Chain

NF (Dapp): NF is the first AI-driven art creation and NFT trading platform that allows users to generate art works through text prompts and mint them into NFTs, thus giving each user the ability to become an artist and own the work on the chain. ability.

10.DAPP Ecology-Polygon Public Chain

Galxe (Dapp): Galxe supports multiple data sources, including on-chain and off-chain data. For on-chain credentials, curators can contribute via subgraph queries or static snapshots; for off-chain credentials, Project Galaxy has integrated with platforms such as Snapshot.org, Twitter, and Github. This support of multiple data sources enables Project Galaxy to collect and utilize data more broadly.

11.DAPP Ecosystem-Solana Public Chain

Jupiter (Dapp): Jupiter Lianchuang stated that the JUP token will be launched on January 31. Before launching JUP, the team plans to test the new release platform first, in which 2 main tests will be conducted. One is testing mockJUP (mock JUP token) and the other is a meme coin that will be released next week.

12.DAPP Ecosystem-Arbitrum Public Chain

xPet.tech (Dapp): xPet is a socialfi + gamefi project on the Arbitrum chain, which requires players to feed and accompany their pets and ensure their survival, thereby helping players earn token rewards. xPet’s PvP mode is coming soon.

13.DAPP Ecology-Base Public Chain

Aerodrome (Dapp): Aerodrome is an emerging automated market maker (AMM) protocol that aims to become the central liquidity hub for Coinbase’s Layer 2 chain Base. Aerodrome’s design draws from the Velodrome V2 model to incentivize liquidity on the protocol. Aerodrome operates independently of Velodrome, although the two have collaborated. Aerodrome’s AERO is a utility and governance token that allows holders to lock the token and receive veAERO NFTs, as well as voting rights based on the lock time.

14.DAPP Ecology-Full Public Chain GameFi Section

Sweat Economy (Dapp): A traditional Web2 project transformed into a Web3 wallet + Move to earn project. It has been downloaded more than 5 million times on Google Play. Through its application Sweat Wallet, users can earn SWEAT tokens through daily exercise.

15. Gas fee consumption-ETH public chain

Memecoin (Token): Memeland announced last week that it will issue mining rewards. Currently, more than 4 million accounts have joined mining. In order to eliminate some robots and wool-picking operations, each address needs to hold at least 69 MEME and pass 2 CAPTCHAs. Human proof testing, users can complete the above tasks within 7 days.

16.Gas consumption situation - BSC public chain

QnA3.AI (Dapp): Web3 knowledge sharing platform based on AI, which has received widespread attention from players on the BNB chain. The project currently has a data mining mode. Users can join and use the idle computing resources on their devices to perform data cleaning and data capture on large models, and provide point rewards for users who contribute computing power.

17.Gas consumption-Polygon public chain

TurnUp (Dapp): Web3 Social Gaming Eco, the transaction data on the chain continues to increase, and it ranks among the top daily active users of Polygon Dapp. The project team promised on Twitter that when it reaches the top 1 daily active, it will conduct an AMA with Polygon Founder - Sandeep Nailwal.

18.Gas consumption-Arbitrum public chain

Vertex (Dapp): Vertex is a decentralized exchange (DEX) protocol based on Arbitrum that provides cross-margin trading services. It integrates spot, perpetual contracts and currency market applications into one, and has become the most active derivatives platform on Arbitrum.

19.Gas consumption-Base public chain

Aerodrome (Dapp): Aerodrome is an emerging automated market maker (AMM) protocol that aims to become the central liquidity hub for Coinbase’s Layer 2 chain Base. Aerodrome’s design draws from the Velodrome V2 model to incentivize liquidity on the protocol. Aerodrome operates independently of Velodrome, although the two have collaborated. Aerodrome’s AERO is a utility and governance token that allows holders to lock the token and receive veAERO NFTs, as well as voting rights based on the lock time.

20.Twitter Trends Token Top Rank

Due to anomalies in the data source, there is no data in this section today.

21.Google hot search word cloud-all regions

BTC (Token): The market is paying attention to the capital outflow of Grayscale GBTC. The negative premium of GBTC is about to be bridged, and there is still pressure to redeem BTC. Overall, traditional funds have net flowed into the crypto market through BTC ETFs, and BTC’s decline has been limited.

22. Google search hot words soared - East Asia, South Asia, Southeast Asia, Hong Kong, Macao and Taiwan

【South Asia】

“India” hot searches: PI, MYRO, OSMO, BLUR

“Pakistan” hot searches: LTC, MANTA, ADA, ICE

【Southeast Asia】

“Malaysia” hot searches: AVAX, LUNO, TRX, PI

“Philippines” hot searches: ICE, XRP, DOGE, MAV

“Singapore” hot searches: VELO, CRO, XRP, FIL, SEI, BONK

“Indonesia” hot search: TITAN

“Vietnam” hot search: XAI

[East Asia] Hot searches:

“Mainland China” hot searches: SANTOS, TUSD

“Hong Kong” hot searches: EOS, XAI, LTC, MANTA

“Taiwan” hot search: COMP

“Korea” hot searches: OKX, Bitget

23. Google search hot words soared - English area, Europe, CIS area

[CIS Area] Hot searches: MAGIC, ARKM, bungee, whitebit

【English area】

“United States” hot searches: HONEY, AUCTION

“Australia” hot searches: DOT, XRP, FLOW

“Canada” hot searches: KAS, CHZ, ARKM, BLUR, QNT

“UK” hot searches: LTC, PENDLE, CHZ

【European Area】

“Poland” hot searches: ARKM, CHZ, KAS

“France” hot searches: SANTOS, CHZ, monad, MAV

“Switzerland” hot searches: XRP, RAY, revolut, LUNA, CRO, SHIB, BLUR, MANTA

“Türkiye” hot searches: selcoin, uniswap, bingx, coinbase

“Italy” hot searches: MAV, CHZ, MAV, INJ, FTT, KUJI

“Spain” hot searches: METIS, KAS, CHZ

24. Google search hot words soared - Middle East, Latin America, Africa

【African Region】

“South Africa” hot searches: ICP, LUNA, ADA, SOL

“Nigeria” hot search: VET

【Middle East Region】

“UAE” hot searches: TWT, XRP, SOL

“Saudi Arabia” hot search: IOTA, XRP

【Latin America】

“Brazil” hot searches: DASH, CHZ, MUBI, AMP, MANTA

“Argentina” hot searches: MANTA, NEXO, GALA, BONK

“Mexico” hot search: MANTA

“Chile” hot searches: AI, SAND

Reference link

Dune on-chain data dashboard—public chain portrait:

Dune on-chain data dashboard—Gas consumption: