Web3 and AI Industry Dynamics: Market Trends, Hot Events, and Emerging Projects

1. Market Highlights

1. Macroeconomic Environment

Former Federal Reserve Vice Chairman Quarles recently stated that even if Trump is re-elected as president, it will not affect the independence of the Federal Reserve and economic stability. He pointed out that the president's comments on Federal Reserve policy do not imply a loss of independence. Quarles expects that if Trump is elected, he may take measures such as deporting illegal immigrants, but this is unlikely to have a significant impact on the labor market. He also mentioned that tariff policies might actually prompt the Federal Reserve to lower interest rates. These comments come just as the consumer price index report is about to be released, a report that may influence the Federal Reserve's future interest rate cut decisions.

2. Development in the Web3 Field

Fidelity Digital Assets' 2025 Outlook report indicates that Ethereum has significant advantages in long-term development, but also acknowledges Solana's rapid short-term growth. The report emphasizes Ethereum's advantages in fundamentals such as developer activity, TVL, and stablecoin supply, supporting its long-term prospects. In contrast, Solana's revenue and TVL are growing faster, but primarily rely on Meme coin trading, which is viewed as a cyclical trend. Fidelity believes that Ethereum's fundamentals are less correlated with speculative behavior, making it more stable in the long run. Both networks plan significant upgrades, with Solana's Firedancer upgrade aimed at increasing transaction speed, while Ethereum's Prague/Electra upgrade focuses on enhancing functionality, scalability, and user security.

2. Hot Events

1. Traditional financial institutions entering the cryptocurrency space

Italy's largest banking group has made its first investment in Bitcoin, purchasing 11 Bitcoins valued at approximately 1 million euros. The bank had previously made moves in the blockchain space, having piloted the issuance of digital bonds on Polygon. This action reflects the increasingly evident trend of large institutions investing in Bitcoin, with software company MicroStrategy and Asian investment firm Metaplanet continuing to purchase Bitcoin.

2. Changes in policy environment affect the market

With the news that Trump may sign an executive order supporting cryptocurrency on his first day in office, the price of Bitcoin rebounded to $94,000. These orders could overturn some key regulatory measures, including the SEC's Accounting Bulletin No. 121, which requires companies holding customer cryptocurrencies to account for these assets as liabilities. The market reacted positively, with Bitcoin bouncing back from $89,000 to $95,000, and Ethereum also rising from below $3,000 to $3,100.

3. Hot Project Updates

1. ANIME token is about to launch

The ANIME token is scheduled to launch in January 2025 on the Ethereum and Arbitrum platforms, with 50.5% of the tokens allocated to the community. The project aims to promote the transformation of the anime ecosystem into a community-owned creative economy through partnerships with decentralized brands. As a result of this news, the Azuki series NFTs have generally risen, with single-day increases of 17.45%, 20.25%, and 22.86% for Azuki, Azuki Elementals, and Beanz, respectively.

2. Aiccelerate DAO project debuts

Aiccelerate DAO is a project launched by team members from major participants such as Coinbase, Google, and a16z. The project is positioned as a DAO that emphasizes both investment and development, focusing on promoting decentralized and open-source AI development, and supporting high-potential projects across different ecosystems. The team is developing the first AI agent and plans to share more information in the coming weeks. Arc has been invited to consult for Aiccelerate DAO, and the team will transfer 100% of the AICC tokens into the Arc Treasury, planning to use a portion of the tokens to create liquidity pairs to support ecosystem development.