1. Market overview: Bitcoin leads, Altcoin is poised for takeoff
Recently, the overall crypto market continues its upward trend. Bitcoin (BTC) has recorded seven consecutive trading days of gains, with the price surpassing $120,000, and the total market capitalization exceeding $4.2 trillion. XRP also performed strongly, trading at $3.06, with a daily increase of nearly 4%, indicating that the market is entering a new round of altcoin season.
Investor sentiment is driven by the 'Uptober' market, with high-net-worth individuals and institutional capital actively entering the market, and crypto assets are gradually becoming a part of mainstream investment portfolios.
2. Project financing and industry trends
Last week, crypto projects raised $185 million, indicating strong market confidence in Web3 infrastructure and applications.
Etherealize: Leading a $40 million investment aimed at building Ethereum's institutional marketing and product department, with investors including top institutions like Paradigm.
Mono Protocol: Completed $1.7M presale, addressing on-chain fragmentation issues, achieving unified balances and MEV-resistant transaction execution, promoting multi-chain asset interoperability.
Irys: Layer 1 programmable data chain showed active performance last week, with user growth and transaction volume on a stable upward trend monitored through the RootData X data platform.
In addition, the integration of traditional finance and Web3 continues to accelerate.
Samsung partners with Coinbase One to embed crypto access into 75 million Galaxy user devices, significantly enhancing mainstream users' accessibility to Web3.
Retail finance applications similar to Walmart-Backed OnePay are also beginning to integrate crypto trading and payments, paving the way for digital assets to enter everyday life.
Three, Web3 Applications and Wallet Ecosystem
Web3 wallets are expanding from simple on-chain asset management to comprehensive financial service platforms:
Digitap ($TAP): Bridging on-chain wallets with the Visa payment network, allowing users to directly use cryptocurrency assets for everyday spending.
Xverse (Chrome extension): Provides convenient Bitcoin and mainstream token management, suitable for desktop users.
Pintu: An integrated Web3 platform covering investment, trading, and security guarantees.
Exolix & Klever Wallet: Jointly provide a simplified cross-chain trading and asset management experience.
The use cases of Web3 are gradually extending from DeFi and NFTs to:
Creator Economy
Cross-border payments
Consumer finance
Sports ecosystem
For example, Holoworld AI attempts to combine AI with the Web3 creator economy to achieve decentralized content monetization; Atleta Network collaborates with Aylab to bring sports scenarios into Web3 applications.
Four, Technical Trends and Industry Innovations
Multi-chain interoperability: Polkadot upgrades and Layer 1 programmable data chains (Irys, Mono Protocol) drive asset and data cross-chain circulation, providing infrastructure for DeFi, RWA, and NFTs.
AI and Web3 integration: Projects like Holoworld AI and ChainGPT attempt to break through the closed ecosystem of traditional Web3, achieving interoperability between AI Agents and on-chain smart contracts.
Digital identity and decentralized networks: Projects like Unstoppable Domains continue to address user identity fragmentation issues, promoting the implementation of decentralized identity systems.
Security and regulation: Recent scam incidents remind the market to pay attention to compliance and safety, as ecosystems like Ethereum and Solana continue to optimize transaction security and KYC/AML mechanisms.
Five, Investment Strategies and Market Insights
Web3 investment is transitioning from speculative short-term gains to infrastructure and sustainable applications by 2025.
Infrastructure and multi-chain project investments in cross-chain and data chain projects such as Polkadot, Irys, and Mono Protocol have great long-term potential.
Wallets and consumption scenarios focus on projects like Coinbase One, Digitap, and Pintu for wallet and payment implementations.
AI + Web3 creator economy: Projects like Holoworld AI and ChainGPT show value in content monetization, automated trading, and smart contract interactions.
Institutional and mainstream market layouts represented by Etherealize's institutional-level services, along with retail financial collaborations with Coinbase and Samsung, Walmart, etc., are important signals of mainstream adoption. #BTC再创新高
