Bitget Research: Unisat to Support ARC-20 Assets, Solana Series Tokens Lead Market Rally

In the past 24 hours, many new popular tokens and topics have emerged in the 0d9a6d99-c18f-4cae-a2a5-040395e6fc50, and perhaps they will be the next focus of the market.

In Summary:

1.Popular Tokens:

TURT (Token) - $TURT is the platform token of @Turtsat, an IDO platform for BRC-20 inscription projects. TurtSat also offers a novel token issuance method for the Ordinals ecosystem through a donation protocol. Upon donation users lock their notes and after block confirmation tokens are automatically transferred to their wallets, thus eliminating the issue of gas wars. This ensures fairness, reduces gas costs, and provides early revenue for project developers.

MARK (Token) - A newly launched algorithmic stablecoin project, $MARK serves as a governance token. Users can deposit their USDC into the algorithmic vault to earn a daily profit of 0.5%, and by holding $MARK tokens, they gain additional income from transaction fee dividends.

BSSB (Token) - Bitstable (token ticker: BSSB) is a decentralized stablecoin protocol based on the Bitcoin Network. The project has a liquidity pool of $4.78 million on a DEX and a total market cap of $50 million. The recent introduction of a staking feature allows earning BSSB through staking DAII. The token's 24-hour trading volume is $11.16 million. Despite facing recent downward pressure, the token's innovative nature makes it an important one to watch.

SANTA (Token) - A token with the Santa Claus concept, SANTA has a liquidity of $95,000 and a market cap of $269,000. It carries the risk of modifiable tax rates and is not recommended to pay special attention.

agEUR (Token) - agEUR is a stablecoin protocol by Angle Protocol that emphasizes capital efficiency, decentralization, and over-collateralization. Recently, the Angle Transmuter product underwent voting on Snapshot. If approved, agEUR's price will no longer be tied to the EURUSD exchange rate, potentially mitigating market risks associated with USDT/USDC unpegging.

Avive (Token) - Avive is a social protocol based on geographical information. Utilizing the Proof of Networking consensus mechanism, it has gathered millions of users from over 130 countries on the Avive L2 platform. The project had a notably strong performance upon its listing on an exchange yesterday.

ETH (Token) - Lately, ETH has shown less strength relative to Bitcoin, yet continues to draw enthusiastic buyers. BitMEX founder Arthur Hayes claimed he received a divine revelation during meditation, which guided him to sell the SOL, a token supported by SBF, and expressed his fondness for Ethereum founder Vitalik Buterin. Consequently, he sold his SOL holdings and purchased more ETH.

Odos (Token) - The Odos Protocol stands out as the first Dex aggregator that allows users to swap multiple tokens for a single asset in one atomic transaction. This system facilitates the exchange of a basket of input tokens for the desired output in one go, saving on gas fees and mitigating market volatility.

2.Popular NFTs:

BITMAP (NFT) - Bitmap.land is the first metaverse project in the Bitcoin ecosystem, founded on the principles of Ordinals theory and Bitmap theory. The project is currently engaged in the primary market sale of virtual land.

3.Popular DApps:

ChangeNow (DApp) - This is a non-custodial cryptocurrency and fiat exchange where users can trade over 200 tokens with no registration or trading limits. The project integrates DeFi and CeFi, with an average exchange time of 5 minutes, and has a very active on-chain trading volume.

Maestro (DApp) - Maestro is a renowned on-chain bot, and the crypto community highly favors that. Maestro's daily transaction fees have increased to previous high points, ranging between $150,000 and $200,000, which helps it maintain its top position in the BOT sector.

TinyTap (DApp) - TinyTap is a vast library of games created by educators. Now under the umbrella of Animoca Brands, the project is dedicated to forging an open, blockchain-driven educational ecosystem. Animoca Brands has announced plans to purchase additional EDU tokens from the open market. Binance Labs invested $3.15 million in the Web3 education protocol Open Campus, bringing a significant level of traffic to the Web3 education sector.

Playbux (DApp) - Playbux is a project that combines e-commerce with a metaverse platform. It offers a store and profit system that allows users to shop from global merchants and earn cashback rewards. The platform aims to integrate existing exchanges, lending platforms, and NFTs so customers can access all services in one place. By leveraging mobile accessibility, Playbux positions itself as the most accessible metaverse where users can earn Playbux tokens by receiving cashback on any purchase.

Merkly (DApp) - Merkly is a multifunctional Omnichain platform, aiming to simplify bridging through the groundbreaking technology of LayerZero. The purpose of the refuel contract is to provide gas fees for chains without gas by using a swap and cross-chain method.

ParaSwap (DApp) - ParaSwap is a multi-chain decentralized exchange (DEX) aggregator operating on the Ethereum blockchain, dedicated to enhancing user experience when navigating various decentralized finance (DeFi) protocols. Its ultimate goal is to facilitate liquidity flow in the decentralized market. ParaSwap's mission is to elevate DeFi participation to new heights by offering secure, intelligent, and optimized trading solutions for both individual and institutional traders, enabling them to seamlessly tap into decentralized liquidity pools.

Aerodrome (DApp) - Aerodrome is an emerging automated market maker (AMM) protocol aimed to become the central liquidity hub for Coinbase's Layer 2 chain, Base. Aerodrome's design is inspired by the Velodrome V2 model to incentivize liquidity on the protocol. Despite past collaborations, Aerodrome operates independently of Velodrome. AERO, Aerodrome's utility and governance token, allows holders to lock their tokens and receive veAERO NFTs and voting power based on the lock-up period.

PlayEmber (DApp) - PlayEmber is focused on delivering customized monetization solutions through its Unity-based software development kit, aiming to facilitate the transition of game advertising revenue from the Web2 market to Web3. The start-up has also received substantial strategic support from the NEAR Foundation. The test version of PlayEmber has been launched and has gained significant popularity.

Magic Eden (DApp) - Magic Eden is recognized for its user-friendly interface, rapid processing times, robust security, and an array of standout features that simplify the buying and selling experience. For instance, Magic Eden collaborates closely with creators via its Launchpad, assisting them in crafting, minting, marketing, and successfully launching projects. Designed specifically for trading non-fungible tokens (NFTs), Magic Eden operates as a peer-to-peer marketplace built on the Solana chain.

Camelot (DApp) - Camelot is a decentralized exchange (DEX) operating on the Arbitrum Network. Launched in 2022, it is dedicated to serving the ecosystem and community. The name "Camelot" is derived from King Arthur's Camelot palace, symbolizing the Round Table. Users and projects that build liquidity pools using Camelot are referred to as "Knights", representing the knights of the Round Table.

BaseSwap (DApp) - BaseSwap is a native DEX on Base. As an Automated Market Maker, BaseSwap facilitates the seamless exchange of diverse token pairs at one of the most competitive fees in the market (0.25%).

PipeFlare (DApp) - PipeFlare is a P2E game supported by renowned investors in the blockchain field, such as DCG and Horizen Labs. Players can buy and sell NFTs that are minted in limited quantities on PipeFlare's NFT marketplace. PipeFlare's exclusive Pyro NFT also offers users benefits like staking bonuses.

4.Twitter Hot Topics:

SOL (Token) - Solana continues to set new highs for the year, approaching $100, successfully surpassing BNB to secure the fourth spot in market cap rankings. The ecosystem has seen an explosive increase in popularity. The 24-hour on-chain trading volume of SOL has surpassed that of ETH.

5.Regional Trending Searches:

ACE (Token) - This project combines a blockchain game, Fusionist, with a game/social infrastructure layer, Endurance. ACE has been listed on Bitget, Binance, and OKX. Bitget announced a new CandyBomb promotion with a total prize pool of 1548 ACE tokens. Participants can earn rewards by completing specific tasks such as trading, making net deposits, and inviting others during the promotion.

Main Body

Written by: Bitget Research

Data collection time: December 22, 10:30

Data sources: Dune, DApps, Twitter, Google

Note:

1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain.

2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours.

3) DApp daily activity (UAW: unique active wallets)

4) TGE (Token Generation Event)

5) In this report, the term "Entity" refers to both Contract Account (CA) and Ethereum Original Account (EOA), and is not a result of the aggregation of actual entity addresses.

1.BTC Profile - BRC-20

TURT (Token) - $TURT is the platform token of @Turtsat, an IDO platform for BRC-20 inscription projects. TurtSat also offers a novel token issuance method for the Ordinals ecosystem through a donation protocol. Upon donation users lock their notes and after block confirmation tokens are automatically transferred to their wallets, thus eliminating the issue of gas wars. This ensures fairness, reduces gas costs, and provides early revenue for project developers.

2.Blockchain Profile - ETH Chain

2.1 User Profile

2.1.1 Core Data

Total active users on ETH: 510,493

New active users on ETH: 93,747, with a daily decrease of 21.37%

Existing active users on ETH: 416,746, with a daily increase of 10.35%

2.1.2 New User Profile

Core data: There were a total of 93,747 new active users on ETH yesterday, with a daily decrease of 21.37%

Popular Sectors

Popular Projects

Key Projects:

ChangeNow (DApp) - This is a non-custodial cryptocurrency and fiat exchange where users can trade over 200 tokens with no registration or trading limits. The project integrates DeFi and CeFi, with an average exchange time of 5 minutes, and has a very active on-chain trading volume.

2.1.3 Existing User Profile

Core data: The number of ETH active existing users is 416,746, with a daily increase of 10.35%

Popular Sectors

Popular Projects

Key Projects:

Maestro (DApp) - Maestro is a renowned on-chain bot, and the crypto community highly favors that. Maestro's daily transaction fees have increased to previous high points, ranging between $150,000 and $200,000, which helps it maintain its top position in the BOT sector.

2.2 Popular Trading Pairs

2.2.1 Uniswap V2

MARK (Token) - A newly launched algorithmic stablecoin project, $MARK serves as a governance token. Users can deposit their USDC into the algorithmic vault to earn a daily profit of 0.5%, and by holding $MARK tokens, they gain additional income from transaction fee dividends.

2.2.2 Uniswap V3

BSSB (Token) - Bitstable (token ticker: BSSB) is a decentralized stablecoin protocol based on the Bitcoin Network. The project has a liquidity pool of $4.78 million on a DEX and a total market cap of $50 million. The recent introduction of a staking feature allows earning BSSB through staking DAII. The token's 24-hour trading volume is $11.16 million. Despite facing recent downward pressure, the token's innovative nature makes it an important one to watch.

2.3 Popular NFTs

2.3.1 Top NFT Collections

BITMAP (NFT) - Bitmap.land is the first metaverse project in the Bitcoin ecosystem, founded on the principles of Ordinals theory and Bitmap theory. The project is currently engaged in the primary market sale of virtual land.

3.Blockchain Profile - BSC

3.1 User Profile

3.1.1 Core Data

Total active users on BSC: 1,141,346

New active users on BSC: 184,184, with a daily increase of 0.90%

Existing active users on BSC: 957,162, with a daily increase of 3.97%

3.1.2 New User Profile

Core data: There were a total of 184,184 new active users on BSC yesterday, with a daily increase of 0.90%

Popular Sectors

Popular Projects

Key Projects:

TinyTap (DApp) - TinyTap is a vast library of games created by educators. Now under the umbrella of Animoca Brands, the project is dedicated to forging an open, blockchain-driven educational ecosystem. Animoca Brands has announced plans to purchase additional EDU tokens from the open market. Binance Labs invested $3.15 million in the Web3 education protocol Open Campus, bringing a significant level of traffic to the Web3 education sector.

3.1.3 Existing User Profile

Core data: The number of BSC active existing users is 957,162, with a daily increase of 3.97%

Popular Sectors

Popular Projects

Key Projects:

Playbux (DApp) - Playbux is a project that combines e-commerce with a metaverse platform. It offers a store and profit system that allows users to shop from global merchants and earn cashback rewards. The platform aims to integrate existing exchanges, lending platforms, and NFTs so customers can access all services in one place. By leveraging mobile accessibility, Playbux positions itself as the most accessible metaverse where users can earn Playbux tokens by receiving cashback on any purchase.

3.2 Popular Trading Pairs

3.2.1 PancakeSwap V2

SANTA (Token) - A token with the Santa Claus concept, SANTA has a liquidity of $95,000 and a market cap of $269,000. It carries the risk of modifiable tax rates and is not recommended to pay special attention.

4.Blockchain Profile - Polygon Chain

4.1 User Profile

4.1.1 Core Data

Total active users on Polygon: 490,309

New active users on Polygon: 106,161, with a daily decrease of 7.25%

Existing active users on Polygon: 384,148, with a daily increase of 2.79%

4.1.2 New User Profile

Core data: There were a total of 106,161 new active users on Polygon yesterday, with a daily decrease of 7.25%

Popular Sectors

Popular Projects

Key Projects:

On the Polygon Chain, the primary activities are inscription mint and transfers.

4.1.3 Existing User Profile

Core Data: The number of Polygon active existing users is 384,148, with a daily increase of 2.79%

Popular Sectors

Popular Projects

Key Projects:

Merkly (DApp) - Merkly is a multifunctional Omnichain platform, aiming to simplify bridging through the groundbreaking technology of LayerZero. The purpose of the refuel contract is to provide gas fees for chains without gas by using a swap and cross-chain method.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

agEUR (Token) - agEUR is a stablecoin protocol by Angle Protocol that emphasizes capital efficiency, decentralization, and over-collateralization. Recently, the Angle Transmuter product underwent voting on Snapshot. If approved, agEUR's price will no longer be tied to the EURUSD exchange rate, potentially mitigating market risks associated with USDT/USDC unpegging.

5.Blockchain Profile - Arbitrum Chain

5.1 User Profile

5.1.1 Core Data

Total Active Users on Arbitrum: 149,392

New Active Users on Arbitrum: 29,271, with a daily increase of 1.64%

Existing Active Users on Arbitrum: 120,121, with a daily increase of 3.64%

5.1.2 New User Profile

Core data: There were a total of 29,271 new active users on Arbitrum yesterday, with a daily increase of 1.64%

Popular Sectors

Popular Projects

Key Projects:

Avive (Token) - Avive is a social protocol based on geographical information. Utilizing the Proof of Networking consensus mechanism, it has gathered millions of users from over 130 countries on the Avive L2 platform. The project had a notably strong performance upon its listing on an exchange yesterday.

5.1.3 Existing User Profile

Core data: The number of Arbitrum active existing users is 120,121, with a daily increase of 3.64%

Popular Sectors

Popular Projects

Key Projects:

ParaSwap (DApp) - ParaSwap is a multi-chain decentralized exchange (DEX) aggregator operating on the Ethereum blockchain, dedicated to enhancing user experience when navigating various decentralized finance (DeFi) protocols. Its ultimate goal is to facilitate liquidity flow in the decentralized market. ParaSwap's mission is to elevate DeFi participation to new heights by offering secure, intelligent, and optimized trading solutions for both individual and institutional traders, enabling them to seamlessly tap into decentralized liquidity pools.

5.2 Popular Trading Pairs

5.2.1 Uniswap V3

ETH (Token) - Lately, ETH has shown less strength relative to Bitcoin, yet continues to draw enthusiastic buyers. BitMEX founder Arthur Hayes claimed he received a divine revelation during meditation, which guided him to sell the SOL, a token supported by SBF, and expressed his fondness for Ethereum founder Vitalik Buterin. Consequently, he sold his SOL holdings and purchased more ETH.

6.Blockchain Profile - Base Chain

6.1 User Profile

6.1.1 Core Data

Total Active Users on Base: 65,799

New Active Users on Base: 14,002, with a daily increase of 18.04%

Existing Active Users on Base: 51,797, with a daily increase of 12.41%

6.1.2 New User Profile

Core data: There were a total of 14,002 new active users on Base yesterday, with a daily increase of 18.04%

Popular Sectors

Popular Projects

Key Projects:

Odos (Token) - The Odos Protocol stands out as the first Dex aggregator that allows users to swap multiple tokens for a single asset in one atomic transaction. This system facilitates the exchange of a basket of input tokens for the desired output in one go, saving on gas fees and mitigating market volatility.

6.1.3 Existing User Profile

Core data: The number of Base active existing users is 51,797, with a daily increase of 12.41%

Popular Sectors

Popular Projects

Key Projects:

Aerodrome (DApp) - Aerodrome is an emerging automated market maker (AMM) protocol aimed to become the central liquidity hub for Coinbase's Layer 2 chain, Base. Aerodrome's design is inspired by the Velodrome V2 model to incentivize liquidity on the protocol. Despite past collaborations, Aerodrome operates independently of Velodrome. AERO, Aerodrome's utility and governance token, allows holders to lock their tokens and receive veAERO NFTs and voting power based on the lock-up period.

7. DApp Ecosystem - All Chains

PlayEmber (DApp) - PlayEmber is focused on delivering customized monetization solutions through its Unity-based software development kit, aiming to facilitate the transition of game advertising revenue from the Web2 market to Web3. The start-up has also received substantial strategic support from the NEAR Foundation. The test version of PlayEmber has been launched and has gained significant popularity.

8.DApp Ecosystem - ETH Chain

The change in UAW for each project remains within the normal range.

9.DApp Ecosystem - BSC

The change in UAW for each project remains within the normal range.

10.DApp Ecosystem - Polygon Chain

Kratos Studios (DApp) - Kratos Studios, based in India, is a Web3 gaming startup and the intellectual property owner of the world's largest gaming DAO, IndiGG. Established in 2022, the company focuses on developing various types of games, operating as a Web3 gaming company. In addition to holding the intellectual property of IndiGG, Kratos Studios is also an active investor in the global Web3 gaming space.

11.DApp Ecosystem - Solana Chain

Magic Eden (DApp) - Magic Eden is recognized for its user-friendly interface, rapid processing times, robust security, and an array of standout features that simplify the buying and selling experience. For instance, Magic Eden collaborates closely with creators via its Launchpad, assisting them in crafting, minting, marketing, and successfully launching projects. Designed specifically for trading non-fungible tokens (NFTs), Magic Eden operates as a peer-to-peer marketplace built on the Solana chain.

12.DApp Ecosystem - Arbitrum Chain

Camelot (DApp) - Camelot is a decentralized exchange (DEX) operating on the Arbitrum Network. Launched in 2022, it is dedicated to serving the ecosystem and community. The name "Camelot" is derived from King Arthur's Camelot palace, symbolizing the Round Table. Users and projects that build liquidity pools using Camelot are referred to as "Knights", representing the knights of the Round Table.

13.DApp Ecosystem - Base Chain

BaseSwap (DApp) - BaseSwap is a native DEX on Base. As an Automated Market Maker, BaseSwap facilitates the seamless exchange of diverse token pairs at one of the most competitive fees in the market (0.25%).

14.DApp Ecosystem - GameFi Sector Across All Chains

PipeFlare (DApp) - PipeFlare is a P2E game supported by renowned investors in the blockchain field, such as DCG and Horizen Labs. Players can buy and sell NFTs that are minted in limited quantities on PipeFlare's NFT marketplace. PipeFlare's exclusive Pyro NFT also offers users benefits like staking bonuses.

15.Gas Fee Consumption - ETH Chain

LaunchBlock (DApp) - Grapes, a cross-media NFT project funded by Animoca, conducted its public sale on the LaunchBlock platform, raising a total of 40,321.7 ETH, equivalent to approximately $89,478,626.49. GRAPE will be listed on Bitget, KuCoin, and Bybit platforms. Starting in May 2023, the project has rolled out games, an animated series, merchandise, and a range of licenses.

16.Gas Fee Consumption - BSC

PancakeSwap (DApp) - PancakeSwap is a decentralized exchange based on the BSC. Recently, it has significantly increased its trading volume and doubled its market share with the launch of its V3 version. PancakeSwap V3 brings numerous improvements, including increased capital efficiency, reduced trader fees, enhanced rewards for liquidity providers, and an improved user experience. It has also ventured into blockchain gaming, introduced fiat channels, and expanded its Yield Farming.

17.Gas Fee Consumption - Polygon Chain

Port3 (DApp) - Port3 is a blockchain project designed to become a Web3 social data gateway. It provides open data services by aggregating Web2 and Web3 data. Port3 is structured around three fundamental modules: data collection, data reading, and data application. These modules are integral in aggregating various types of information, including community dynamics, social media trends, and on-chain transaction data. Recently, the Port3 Network launched a BRC-20 section and is set to release Bitcoin BQL. It is advisable to keep a close watch on these developments.

18.Gas Fee Consumption - Arbitrum Chain

Vertex (DApp) - Vertex is a decentralized exchange (DEX) protocol based on Arbitrum, offering cross-margin trading services. It integrates spot, perpetual contracts, and money markets into one application. It is currently the most active derivatives platform on Arbitrum.

19.Gas Fee Consumption - Base Chain

SoSwap (DApp) - SoSwap, a RAI Finance product, participated in the Base Onchain Summer event. It is one of RAI Finance's decentralized financial products on the Base and was launched on this chain on August 9.

20.Top Trending Tokens on Twitter

SOL (Token) - Solana continues to set new highs for the year, approaching $100, successfully surpassing BNB to secure the fourth spot in market cap rankings. The ecosystem has seen an explosive increase in popularity. The 24-hour on-chain trading volume of SOL has surpassed that of ETH.

21.Google Trends - Global

ACE (Token) - This project combines a blockchain game, Fusionist, with a game/social infrastructure layer, Endurance. ACE has been listed on Bitget, Binance, and OKX. Bitget announced a new CandyBomb promotion with a total prize pool of 1548 ACE tokens. Participants can earn rewards by completing specific tasks such as trading, making net deposits, and inviting others during the promotion.

22.Google Trends Surge - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan

a) South Asia Region

India Trends: Vechain, BOB, ICP, IOTEX, ETH, FIL

Pakistan Trends: BTC, MANA

b) Southeast Asia Region

Malaysia Trends: UNI, Crypto Games

Philippines Trends: BONK, SOL, DOT

Singapore Trends: NEAR, BTC, SOL

Indonesia Trends: ICP, CBDC, RNDR

c) East Asia

Trends: NEWS

23.Google Trends Surge - English-speaking Countries, Europe, CIS Region

a) CIS Region

Trends: Arkham, Airdrop, BTC

b) English-speaking Countries

Australia Trends: Drogon, HBAR, FTM, Jupiter, QNT, BLZ, ETH

UK Trends: ADA, ICX, TRAC, ORCA, ACS, ACE

USA Trends: ACS, ANLOS, SOL, DYPIUS, AVAX, IOTA, SYLO, DYP

Canada Trends: COSMOS, WIF, ADA, Wormhole, CASA, ACS, STX, RAY, COQ

c) Europe

France Trends: OXO, SOLS, IOTA, OHM, BAKE, XTB, XEN

Poland Trends: HEX, LUNA, ICP

Switzerland Trends: DOGE, ADA, Celestia, ETH, SOL, BTC

Turkey Trends: SOL, LTC, BTC

Germany Trends: SOL, Casper, AI

Italy Trends: AURORA, SOL, ICP, DASH, BTC

Spain Trends: RWA, EOS, ACE, NANO, XRP, LUNA

24.Google Trends Surge - Middle East, Latin America, Africa

a) Africa

South Africa Trends: SHIB, ADA, SOL, PEPE, BTC

Nigeria Trends: JASMY, ACE

b) Middle East

Trends: BTC, SOL, ACE

c) Latin America

Brazil Trends: GALA, ETH, ACE, DOT

Argentina Trends: OPTIMISM, SOL, CAKE

Mexico Trends: MANA, SOL, BTC, AVAX

Reference Links

1. Dune On-Chain Data Dashboard - Blockchain Profile: https://dune.com/bitgetresearch/bitgetreseach-chains-overview

2. Dune On-Chain Data Dashboard - Gas Consumption: https://dune.com/bitgetresearch/gas-overview