Binance Research's latest report: The development of AI agents is noteworthy.

{"layout":{"root":["ViewInstance0"],"ViewInstance0":["c6d70781-57b8-4723-8bd1-d6a6f1fe999b","03811a4e-5a1e-4c0a-b48e-2b9156b238d2","3dba1011-0c6f-440a-a897-d7eea640ebd2","022c5ba1-a883-4c66-9f68-dcb39f3dbadf","e2e5f04a-ba63-40c0-be77-7782b76f2044","84104468-18dd-4ed4-9bf7-350145173fbc","37ee6852-83cf-4766-aca4-757df5d87c91","e891d430-51f4-4fec-8e6c-8acd65d0cfcf","432f1802-7107-4816-8766-7b774d433065","d17f78df-d379-49ba-bc41-fa4525947c0a","0c0cc698-deb6-4644-96a0-eb7781f32a97","21b208f9-4381-43a8-8217-ae4ad7adb57b","d92cc802-e7db-42c7-9676-7d238acc09c6"]},"hash":{"ViewInstance0":{"id":"Fragment","i18nKey":"1"},"c6d70781-57b8-4723-8bd1-d6a6f1fe999b":{"id":"RichTextParagraph","config":{"content":[{"id":"RichTextText","config":{"content":"Binance Research released ","style":{}}},{"id":"RichTextLink","config":{"href":"https://www.binance.com/en/research/analysis/monthly-market-insights-2025-01","target":"_blank","content":"the latest research report","customEvents":{}}},{"id":"RichTextText","config":{"content":", summarizing recent trends and developments in the cryptocurrency market. In December 2024, the cryptocurrency market experienced a historic surge, with its market capitalization briefly surpassing a record $39.1 trillion, setting a new market peak. This surge was primarily driven by optimistic sentiments in the regulatory environment, continued entry of institutional investors, and record highs in Bitcoin prices. Bitcoin surpassed $108,000 in December 2024, reaching its all-time high. Factors driving this surge included MicroStrategy's successful inclusion in the Nasdaq 100 index and the company's ongoing large-scale purchases of Bitcoin.","style":{}}}],"style":{}},"i18nKey":"2"},"03811a4e-5a1e-4c0a-b48e-2b9156b238d2":{"id":"RichTextParagraph","config":{"content":[{"id":"RichTextText","config":{"content":"However, market optimism was dampened at the end of December. The Federal Reserve announced a 0.25% interest rate cut in December, while also reducing the planned rate cuts for 2025 from four times to two, triggering a severe market correction that led to more than $500 billion being wiped off the total market capitalization of cryptocurrencies in just a few days.","style":{}}}],"style":{}},"i18nKey":"9"},"3dba1011-0c6f-440a-a897-d7eea640ebd2":{"id":"RichTextHeader","config":{"tag":"h2","content":[{"id":"RichTextText","config":{"content":"Bitcoin has performed exceptionally well, with a year-end market capitalization growth of over 123%.","style":{}}}]},"i18nKey":"12"},"022c5ba1-a883-4c66-9f68-dcb39f3dbadf":{"id":"RichTextParagraph","config":{"content":[{"id":"RichTextText","config":{"content":"Despite market volatility, 2024 remains a remarkable year for Bitcoin. Bitcoin's market capitalization grew by approximately 123.4% throughout the year, making it the seventh-largest asset globally, surpassing traditional large assets like Saudi Aramco and silver. Bitcoin's performance in 2024 is among the brightest of the top ten global assets, second only to Nvidia.","style":{}}}],"style":{}},"i18nKey":"14"},"e2e5f04a-ba63-40c0-be77-7782b76f2044":{"id":"RichTextParagraph","config":{"content":[{"id":"RichTextText","config":{"content":"Analysts believe Bitcoin's strong performance is attributed to several factors: including the Bitcoin halving event, spot ETF approvals, changes in monetary policy, and market expectations for a more friendly regulatory environment. If this trend continues into 2025, Bitcoin's market position is expected to further improve.","style":{}}}],"style":{}},"i18nKey":"17"},"84104468-18dd-4ed4-9bf7-350145173fbc":{"id":"RichTextHeader","config":{"tag":"h2","content":[{"id":"RichTextText","config":{"content":"USDe surpasses DAI to become the third-largest stablecoin.","style":{}}}]},"i18nKey":"20"},"37ee6852-83cf-4766-aca4-757df5d87c91":{"id":"RichTextParagraph","config":{"content":[{"id":"RichTextText","config":{"content":"Another impressive performance comes from Ethena's stablecoin USDe. USDe's market capitalization rapidly grew in 2024, exceeding $5.9 billion, surpassing DAI to become the third-largest stablecoin globally. USDe's success can be attributed to its high-yield staking mechanism and the initiative to include sUSDe as collateral in the Aave protocol in November 2024.","style":{}}}],"style":{}},"i18nKey":"22"},"e891d430-51f4-4fec-8e6c-8acd65d0cfcf":{"id":"RichTextHeader","config":{"tag":"h2","content":[{"id":"RichTextText","config":{"content":"Decentralized trading volume hits record highs, and the DeFi ecosystem continues to expand.","style":{}}}]},"i18nKey":"25"},"432f1802-7107-4816-8766-7b774d433065":{"id":"RichTextParagraph","config":{"content":[{"id":"RichTextText","config":{"content":"In December 2024, the trading volumes for decentralized spot and perpetual contracts reached historic highs of $326 billion and $356 billion, respectively, showcasing strong demand for decentralized trading. The trading volume for decentralized perpetual contracts grew more than 370% year-over-year, with platforms like Hyperliquid being the main drivers.","style":{}}}],"style":{}},"i18nKey":"27"},"d17f78df-d379-49ba-bc41-fa4525947c0a":{"id":"RichTextParagraph","config":{"content":[{"id":"RichTextText","config":{"content":"Additionally, the total value locked (TVL) in lending protocols and liquid staking protocols reached new highs of $55 billion and $71 billion, respectively. The rapid growth of the DeFi (decentralized finance) sector is also closely related to the incoming Trump administration's supportive policies towards cryptocurrencies. Experts expect that with favorable policies, the DeFi ecosystem is likely to welcome larger-scale expansions.","style":{}}}],"style":{}},"i18nKey":"30"},"0c0cc698-deb6-4644-96a0-eb7781f32a97":{"id":"RichTextHeader","config":{"tag":"h2","content":[{"id":"RichTextText","config":{"content":"AI agents rise, becoming an emerging force in the cryptocurrency market.","style":{}}}]},"i18nKey":"33"},"21b208f9-4381-43a8-8217-ae4ad7adb57b":{"id":"RichTextParagraph","config":{"content":[{"id":"RichTextText","config":{"content":"Artificial Intelligence (AI) agents are also starting to emerge in the cryptocurrency market, becoming a new investment hotspot. Several leading AI agent platforms and individual agents have seen their token market capitalizations exceed billions of dollars, with daily exposure nearing 100,000 times. Major AI agent platforms include Virtuals and ai16z (the development team behind the Eliza framework), which provide users with tools to create and operate their own AI agents.","style":{}}}],"style":{}},"i18nKey":"35"},"d92cc802-e7db-42c7-9676-7d238acc09c6":{"id":"RichTextParagraph","config":{"content":[{"id":"RichTextText","config":{"content":"In terms of individual agents, aixbt has become one of the most well-known agents in the market, providing in-depth analysis of the cryptocurrency market daily. With the continuous advancement of AI technology, more versatile and widely applicable AI agents are expected to emerge in the cryptocurrency market in the future, including referral agents and trading agents.","style":{}}}],"style":{}},"i18nKey":"38"}}}