gate Research Institute: TRUMP Token boosts SOL to break through $295 to hit a historical high, the Trump family project WLF increases holdings by 4,653 ETH
BTC and ETH prices are in a range of fluctuations, with BTC price falling to $101,721.9.
Driven by TRUMP token, Solana’s price and TVL hit historic highs.
Meteora’s daily trading volume has exceeded 8 billion US dollars.
World Liberty Financial increased its holdings by 4,653 ETH.
Tether collaborates with LayerZero to launch a fully-backed stablecoin called USDT0 on the whole chain.
Trump announced that he will sign an executive order to extend the deadline for TikTok shutdown .
Market commentary
BTC - The price of BTC has dropped by 3.04% in the past 24 hours and is currently priced at $101,721.9. The BTC price has experienced a retreat, breaking the previous upward trend, accompanied by a significant increase in trading volume and forming support around 99,500.[1]
ETH - The price of ETH has fallen by 0.11% in the past 24 hours and is currently priced at $3,248.07. Recently, ETH has been in a range-bound state, fluctuating between $3,150 and $3,450 without forming a clear trend breakout. The current price is close to the lower limit of the range and has shown support in the short term. [2]
ETF - According to SoSoValue data, on January 17th, the total net inflow of Bitcoin spot ETF in the United States was $979 million [3], and the total net inflow of Ethereum spot ETF in the United States was $23.87 million [4].
Shanzhai Coin - Country-Themed Meme, PolitiFi, Parody Meme and other sections changed by +217.0%, +63.2%, +15.7% respectively. 【5】
US Stock Three Major Indexes - S&P 500 rose by 1.00%, Dow Jones Industrial Average rose by 0.78%, and Nasdaq Composite rose by 1.66%.【6】
Spot Gold - The price of spot gold is $2,703.25 per ounce, with a daily increase of 0.06%. [7]
Fear and Greed Index - The Fear and Greed Index is 76, indicating that the market is in a state of extreme greed.【8】
Popular Tokens
According to the market data of Gate.io [9], combined with the trading volume and price performance in the past 24 hours, the popular altcoins are as follows:
**Meowcat (Meowcat) **—— Single-day increase of about 140.29%, with a market capitalization of 42.62 million US dollars.
MEOWCAT is a Telegram-based mini-game token that adopts a ‘click-to-earn’ model. Players earn points through simple click operations, which can be exchanged for airdrops. The game attracts casual entertainment players and blockchain enthusiasts, providing a fun and rewarding experience in a relaxed environment. [10]
MEOWCAT recently promoted through Gate.io’s ‘Answer & Earn’ campaign. This activity allows users to participate in quizzes and earn MEOWCAT tokens, which has successfully attracted more user participation, increased community interaction and activity, and also increased token exposure and market demand.
CAM (Camino Network) - daily increase of approximately 57.28%, with a market capitalization of $89.26 million.
Camino Network is a Layer 1 blockchain designed specifically for the tourism industry. Operated by a consortium of industry leaders, Camino aims to change the landscape of travel distribution, address connectivity challenges in the multi-trillion dollar tourism industry, drive mass adoption of Web3, and move a large number of real-world assets onto the blockchain.【11】
Camino Network recently unveiled its ecosystem, showing that Camino has partnered with over 200 travel and Web3 brands, including well-known companies such as Lufthansa and TUI, enhancing its influence in the market. In addition, Camino has successfully changed the traditional distribution model by providing Web3-based decentralized solutions for the travel industry, increasing transparency and efficiency, further attracting investors’ attention.
TRUMP (OFFICIAL TRUMP) - Daily increase of approximately 40.57%, with a market capitalization of 9.44 billion US dollars.
TRUMP is a Meme coin initiated by the former President of the United States, Donald Trump. The token was launched to commemorate Trump’s iconic slogan “FIGHT FIGHT FIGHT” and to support the concept of Trump and his related artworks.【12】
After the release of the TRUMP token, the price soared, mainly because Trump’s social media account personally announced the token issuance, which caused a strong reaction in the market. Driven by FOMO sentiment, the token attracted a lot of attention from investors. Recently, due to the active trading of the TRUMP token, the trading volume of the Solana network has increased, demonstrating the role of the TRUMP token in driving the activity of the Solana network.
Highlight Data
Driven by TRUMP token, Solana’s price and TVL hit record highs
The price of Solana has reached a new high of $295.88 and the total locked value has also exceeded $11.37 billion, both setting new records, indicating the strong growth of the Solana ecosystem in the decentralized finance field. The stablecoin market capitalization of Solana is $7.289 billion, with daily trading fees of $13.5 million, generating $6.77 million in revenue in the past 24 hours, while application-related revenue is $16.71 million.
It is worth noting that the virtual currency TRUMP issued by Trump chose Solana blockchain as its foundation, making full use of its high efficiency, low latency, and low-cost technical characteristics to support the issuance and trading of tokens. As a notable token, the TRUMP token has attracted a large number of Trump supporters and crypto users to participate, not only bringing more trading volume to the Solana network, but also increasing the overall popularity of its ecosystem. [13]
World Liberty Financial increases its holding by 4,653 ETH
World Liberty Financial**(**WLF) is a decentralized finance (DeFi) platform designed to provide secure and easy-to-use financial services such as lending and trading. One of WLF’s features is its association with the President of the United States, Donald Trump, and his family. According to official information, Trump is listed as the “Chief Cryptocurrency Advocate,” while Trump’s three sons serve as “Web3 Ambassadors.”
WLF currently holds tokens such as AAVE, LINK, ENA, and ONDO, and AAVE, LINK, and WBTC have been profitable. The project re-purchased 4,563 ETH on January 19, worth $15 million, with an average price of $3,287. WLF’s increase in ETH holdings may indicate its recognition of the future value of Ethereum. As a result of this news, the price of ETH has surged nearly 10% in the short term. [14]
Meteora’s daily trading volume exceeds 8 billion US dollars
Affected by the TRUMP token, the decentralized exchange Meteora on Solana saw its daily trading volume exceed $8 billion on January 18, a 1,300% increase from January 17. After the issuance of the TRUMP token through Meteora’s DLMM pool, its trading volume reached a record high of $8.2 billion. The official announcement from the Jupiter cryptocurrency platform stated that by closely collaborating with the Meteora team, they ensured the smooth issuance of TRUMP, making it one of the largest token issuances in crypto history. This growth trend indicates that Meteora is rapidly rising to become one of the significant decentralized exchanges in the Solana ecosystem.
Hotspot Review
Tether collaborates with LayerZero to launch a fully collateralized stablecoin, USDT0.
Tether announced the deployment of a new token USDT0 on the Ethereum Layer 2 network Ink on Kraken, which is a major innovation based on the LayerZero full-chain replaceable token standard. As the world’s largest stablecoin asset, USDT has faced liquidity fragmentation and high costs in cross-chain transfers in the past. The launch of USDT0 will completely change this situation. Through deep cooperation with LayerZero, it not only enhances cross-chain security, but also achieves zero-loss cross-chain transfer function. Paolo Ardoino, CEO of Tether, emphasized that the launch of USDT0 provides a key solution for the smooth circulation of USDT in different ecosystems, optimizing user experience and meeting market demands. Unlike the traditional USDT, which needs to be destroyed and minted through cross-chain bridges between different chains, USDT0 makes stablecoins a truly single liquid asset. Users can transfer the same amount of tokens between different networks without loss, significantly improving the efficiency of fund utilization.
Trump announced that he will sign an executive order to extend the deadline for the shutdown of TikTok
Trump announced on social media recently that he will sign an executive order on Monday to extend the deadline before the law takes effect, in order to provide time for TikTok to reach an agreement with American companies to protect national security. Trump pointed out in the statement that TikTok is very important to American users, especially its impact on the upcoming presidential inauguration and other important events. He hopes that the United States will ensure 50% ownership through a joint venture agreement with TikTok, which will both protect TikTok and bring economic benefits to the United States. This policy reflects the Trump administration’s concern about the TikTok issue and its attempt to find a suitable solution. It also shows Trump’s emphasis on TikTok’s influence in the American economy and politics.
Cryptocurrency platforms Phantom and Jupiter experience surge in traffic, causing temporary disruption to trading services
On January 20th, the cryptocurrency platforms Phantom and Jupiter experienced a brief interruption in trading and services due to high system load. Phantom mentioned in the announcement that the platform faced immense pressure from a surge in traffic of over 8 million times per minute, and some transactions may not have been successfully submitted. Jupiter, on the other hand, stated on Twitter that its system was under extreme load and advised users to submit related issues via Discord. The brief disruptions of the two platforms highlight the rapid growth in activity in the blockchain industry in recent times.
The main reason for the surge in traffic this time is the token issued by the incoming U.S. President Trump and his wife Melania Trump, which has caused a market frenzy. The token is highly active in trading on the Solana blockchain, not only putting pressure on related wallets and trading platforms but also demonstrating the significant driving force of celebrity effect on the crypto market. This event not only reflects the rapid popularization of blockchain applications but also reminds the industry of the need to continuously upgrade infrastructure to cope with potential larger-scale traffic challenges in the future, ensuring service stability and market order.
Financing Information
According to RootData data, from January 17th to January 20th, 2025, a total of 3 projects publicly announced financing, with a total financing amount exceeding 17 million US dollars, and the highest single financing amount reached 12.5 million US dollars, involving areas such as DeFi, DePIN, creator economy, etc. Here are the specific financing details: [19]
**Oshi **—— Oshi completed a $12.5 million financing, with participation from Polychain, Superscrypt, and others. The funds will be used to support anime creators, studios, etc. Oshi is an open anime ecosystem built using blockchain technology, aiming to change the traditional operation of the Japanese anime industry. Oshi provides a transparent, community-driven platform that allows fans to influence and participate in the creation of their favorite anime stories, and even own or influence the development of anime plots.[20]
Evaa Protocol - Evaa Protocol has completed a $2.5 million private round of financing, with participation from Animoca Brands, CMT Digital, and others. EVAA Protocol is a platform that provides DeFi services for the TON ecosystem, covering functions such as borrowing, lending, shorting, and leverage collateralization. The platform aims to launch its own token EVAA through financing and further expand the DeFi ecosystem of the TON network. [21]
Reppo Network - Reppo Network has completed a $2.2 million financing round, with participation from CMS Holdings, Protocol Labs, and others. The funds will be used to develop critical infrastructure. Reppo Labs is a company that combines encryption and artificial intelligence, dedicated to facilitating collaboration between data owners and AI developers by providing decentralized infrastructure. The platform offers data access for AI systems, with a special focus on underutilized off-chain, domain-specific, and commercially owned data.【22】
Airdrop Opportunity
FanTV
FanTV is a platform that uses artificial intelligence technology to innovate content creation, aiming to provide seamless creation, consumption, and creation experiences for all users. Through FanTV, users can easily transform their ideas into content, share with others, and promote the development of the Web3 creator economy. The platform combines traditional creation with Web3 technology, supporting innovative features such as AI music tools and live streaming, empowering content creators. [23]
$FAN, as the core token of FanTV, is mainly used for payments and transactions within the platform. Creators or users can purchase or sell content, participate in voting, unlock specific features, etc. with $FAN tokens. As the platform develops and more rewards are added, $FAN tokens will become a necessary tool for participating in content creation, social interaction, and content consumption, providing creators and users with more profit opportunities.
Methods of participation:
Visit the official FanTV page and connect your wallet.
Complete tasks on X and Telegram to earn points.
Improve airdrop points by participating in activities.
Reminder:
Airdrop plans and participation methods may be updated at any time. Users are advised to follow FanTV’s official channels for the latest information. At the same time, users should participate cautiously, be aware of risks, and conduct sufficient research before participating. Gate.io does not guarantee subsequent airdrop rewards.
Reference materials:
**Gate Research Institute**
gate Research Institute is a comprehensive blockchain and cryptocurrency research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.
DisclaimerCryptocurrency market investment involves high risk. It is recommended that users conduct independent research and fully understand the nature of the assets and products purchased before making any investment decisions. Gate.io is not responsible for any losses or damages caused by such investment decisions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
gate Research Institute: TRUMP Token boosts SOL to break through $295 to hit a historical high, the Trump family project WLF increases holdings by 4,653 ETH
Abstract
Market commentary
Popular Tokens
According to the market data of Gate.io [9], combined with the trading volume and price performance in the past 24 hours, the popular altcoins are as follows:
**Meowcat (Meowcat) **—— Single-day increase of about 140.29%, with a market capitalization of 42.62 million US dollars.
MEOWCAT is a Telegram-based mini-game token that adopts a ‘click-to-earn’ model. Players earn points through simple click operations, which can be exchanged for airdrops. The game attracts casual entertainment players and blockchain enthusiasts, providing a fun and rewarding experience in a relaxed environment. [10]
MEOWCAT recently promoted through Gate.io’s ‘Answer & Earn’ campaign. This activity allows users to participate in quizzes and earn MEOWCAT tokens, which has successfully attracted more user participation, increased community interaction and activity, and also increased token exposure and market demand.
CAM (Camino Network) - daily increase of approximately 57.28%, with a market capitalization of $89.26 million.
Camino Network is a Layer 1 blockchain designed specifically for the tourism industry. Operated by a consortium of industry leaders, Camino aims to change the landscape of travel distribution, address connectivity challenges in the multi-trillion dollar tourism industry, drive mass adoption of Web3, and move a large number of real-world assets onto the blockchain.【11】
Camino Network recently unveiled its ecosystem, showing that Camino has partnered with over 200 travel and Web3 brands, including well-known companies such as Lufthansa and TUI, enhancing its influence in the market. In addition, Camino has successfully changed the traditional distribution model by providing Web3-based decentralized solutions for the travel industry, increasing transparency and efficiency, further attracting investors’ attention.
TRUMP (OFFICIAL TRUMP) - Daily increase of approximately 40.57%, with a market capitalization of 9.44 billion US dollars.
TRUMP is a Meme coin initiated by the former President of the United States, Donald Trump. The token was launched to commemorate Trump’s iconic slogan “FIGHT FIGHT FIGHT” and to support the concept of Trump and his related artworks.【12】
After the release of the TRUMP token, the price soared, mainly because Trump’s social media account personally announced the token issuance, which caused a strong reaction in the market. Driven by FOMO sentiment, the token attracted a lot of attention from investors. Recently, due to the active trading of the TRUMP token, the trading volume of the Solana network has increased, demonstrating the role of the TRUMP token in driving the activity of the Solana network.
Highlight Data
Driven by TRUMP token, Solana’s price and TVL hit record highs
The price of Solana has reached a new high of $295.88 and the total locked value has also exceeded $11.37 billion, both setting new records, indicating the strong growth of the Solana ecosystem in the decentralized finance field. The stablecoin market capitalization of Solana is $7.289 billion, with daily trading fees of $13.5 million, generating $6.77 million in revenue in the past 24 hours, while application-related revenue is $16.71 million.
It is worth noting that the virtual currency TRUMP issued by Trump chose Solana blockchain as its foundation, making full use of its high efficiency, low latency, and low-cost technical characteristics to support the issuance and trading of tokens. As a notable token, the TRUMP token has attracted a large number of Trump supporters and crypto users to participate, not only bringing more trading volume to the Solana network, but also increasing the overall popularity of its ecosystem. [13]
World Liberty Financial increases its holding by 4,653 ETH
World Liberty Financial**(**WLF) is a decentralized finance (DeFi) platform designed to provide secure and easy-to-use financial services such as lending and trading. One of WLF’s features is its association with the President of the United States, Donald Trump, and his family. According to official information, Trump is listed as the “Chief Cryptocurrency Advocate,” while Trump’s three sons serve as “Web3 Ambassadors.”
WLF currently holds tokens such as AAVE, LINK, ENA, and ONDO, and AAVE, LINK, and WBTC have been profitable. The project re-purchased 4,563 ETH on January 19, worth $15 million, with an average price of $3,287. WLF’s increase in ETH holdings may indicate its recognition of the future value of Ethereum. As a result of this news, the price of ETH has surged nearly 10% in the short term. [14]
Meteora’s daily trading volume exceeds 8 billion US dollars
Affected by the TRUMP token, the decentralized exchange Meteora on Solana saw its daily trading volume exceed $8 billion on January 18, a 1,300% increase from January 17. After the issuance of the TRUMP token through Meteora’s DLMM pool, its trading volume reached a record high of $8.2 billion. The official announcement from the Jupiter cryptocurrency platform stated that by closely collaborating with the Meteora team, they ensured the smooth issuance of TRUMP, making it one of the largest token issuances in crypto history. This growth trend indicates that Meteora is rapidly rising to become one of the significant decentralized exchanges in the Solana ecosystem.
Hotspot Review
Tether collaborates with LayerZero to launch a fully collateralized stablecoin, USDT0.
Tether announced the deployment of a new token USDT0 on the Ethereum Layer 2 network Ink on Kraken, which is a major innovation based on the LayerZero full-chain replaceable token standard. As the world’s largest stablecoin asset, USDT has faced liquidity fragmentation and high costs in cross-chain transfers in the past. The launch of USDT0 will completely change this situation. Through deep cooperation with LayerZero, it not only enhances cross-chain security, but also achieves zero-loss cross-chain transfer function. Paolo Ardoino, CEO of Tether, emphasized that the launch of USDT0 provides a key solution for the smooth circulation of USDT in different ecosystems, optimizing user experience and meeting market demands. Unlike the traditional USDT, which needs to be destroyed and minted through cross-chain bridges between different chains, USDT0 makes stablecoins a truly single liquid asset. Users can transfer the same amount of tokens between different networks without loss, significantly improving the efficiency of fund utilization.
Trump announced that he will sign an executive order to extend the deadline for the shutdown of TikTok
Trump announced on social media recently that he will sign an executive order on Monday to extend the deadline before the law takes effect, in order to provide time for TikTok to reach an agreement with American companies to protect national security. Trump pointed out in the statement that TikTok is very important to American users, especially its impact on the upcoming presidential inauguration and other important events. He hopes that the United States will ensure 50% ownership through a joint venture agreement with TikTok, which will both protect TikTok and bring economic benefits to the United States. This policy reflects the Trump administration’s concern about the TikTok issue and its attempt to find a suitable solution. It also shows Trump’s emphasis on TikTok’s influence in the American economy and politics.
Cryptocurrency platforms Phantom and Jupiter experience surge in traffic, causing temporary disruption to trading services
On January 20th, the cryptocurrency platforms Phantom and Jupiter experienced a brief interruption in trading and services due to high system load. Phantom mentioned in the announcement that the platform faced immense pressure from a surge in traffic of over 8 million times per minute, and some transactions may not have been successfully submitted. Jupiter, on the other hand, stated on Twitter that its system was under extreme load and advised users to submit related issues via Discord. The brief disruptions of the two platforms highlight the rapid growth in activity in the blockchain industry in recent times.
The main reason for the surge in traffic this time is the token issued by the incoming U.S. President Trump and his wife Melania Trump, which has caused a market frenzy. The token is highly active in trading on the Solana blockchain, not only putting pressure on related wallets and trading platforms but also demonstrating the significant driving force of celebrity effect on the crypto market. This event not only reflects the rapid popularization of blockchain applications but also reminds the industry of the need to continuously upgrade infrastructure to cope with potential larger-scale traffic challenges in the future, ensuring service stability and market order.
Financing Information
According to RootData data, from January 17th to January 20th, 2025, a total of 3 projects publicly announced financing, with a total financing amount exceeding 17 million US dollars, and the highest single financing amount reached 12.5 million US dollars, involving areas such as DeFi, DePIN, creator economy, etc. Here are the specific financing details: [19]
**Oshi **—— Oshi completed a $12.5 million financing, with participation from Polychain, Superscrypt, and others. The funds will be used to support anime creators, studios, etc. Oshi is an open anime ecosystem built using blockchain technology, aiming to change the traditional operation of the Japanese anime industry. Oshi provides a transparent, community-driven platform that allows fans to influence and participate in the creation of their favorite anime stories, and even own or influence the development of anime plots.[20]
Evaa Protocol - Evaa Protocol has completed a $2.5 million private round of financing, with participation from Animoca Brands, CMT Digital, and others. EVAA Protocol is a platform that provides DeFi services for the TON ecosystem, covering functions such as borrowing, lending, shorting, and leverage collateralization. The platform aims to launch its own token EVAA through financing and further expand the DeFi ecosystem of the TON network. [21]
Reppo Network - Reppo Network has completed a $2.2 million financing round, with participation from CMS Holdings, Protocol Labs, and others. The funds will be used to develop critical infrastructure. Reppo Labs is a company that combines encryption and artificial intelligence, dedicated to facilitating collaboration between data owners and AI developers by providing decentralized infrastructure. The platform offers data access for AI systems, with a special focus on underutilized off-chain, domain-specific, and commercially owned data.【22】
Airdrop Opportunity
FanTV
FanTV is a platform that uses artificial intelligence technology to innovate content creation, aiming to provide seamless creation, consumption, and creation experiences for all users. Through FanTV, users can easily transform their ideas into content, share with others, and promote the development of the Web3 creator economy. The platform combines traditional creation with Web3 technology, supporting innovative features such as AI music tools and live streaming, empowering content creators. [23]
$FAN, as the core token of FanTV, is mainly used for payments and transactions within the platform. Creators or users can purchase or sell content, participate in voting, unlock specific features, etc. with $FAN tokens. As the platform develops and more rewards are added, $FAN tokens will become a necessary tool for participating in content creation, social interaction, and content consumption, providing creators and users with more profit opportunities.
Methods of participation:
Reminder: Airdrop plans and participation methods may be updated at any time. Users are advised to follow FanTV’s official channels for the latest information. At the same time, users should participate cautiously, be aware of risks, and conduct sufficient research before participating. Gate.io does not guarantee subsequent airdrop rewards.
Reference materials:
**Gate Research Institute** gate Research Institute is a comprehensive blockchain and cryptocurrency research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.
Click link to go there immediately
Disclaimer Cryptocurrency market investment involves high risk. It is recommended that users conduct independent research and fully understand the nature of the assets and products purchased before making any investment decisions. Gate.io is not responsible for any losses or damages caused by such investment decisions.