Good morning!
* Vitalik Buterin HAS PUBLISHED a paper on Ethereum's scalability challenges, proposing:
-Increase performance to 100,000 TPS.
-Standardize L2 protocols and improve implementation security.
-Urge developers and the community to make collective efforts.
* Elon Musk is exploring the possibility of using blockchain technology to boost the efficiency of the US government.
* Virtuals Protocol, the AI token issuance tool on the Base chain, announced its expansion to the Solana ecosystem.
"Solana's on-chain aggregated DEX Jupiter announced on X that it has acquired a majority stake in cryptocurrency trading platform Moonshot.
* NY Post reported that Trump is CONSIDERING "prioritizing US-founded cryptocurrencies for his National Digital Asset Reserve."
This would include coins like SOL, XRP, ADA, ETH, XLM, ALGO and more.
* The odds of a Solana ETF being approved in 2025 have skyrocketed to 89% according to prediction platform Polymarket.
* On January 24, the total net inflow into Ethereum spot ETFs was $9.17 million.
* On January 24, the total net inflow into the Bitcoin spot ETF was $518 million.
* Arkham shows that Circle has issued another 250 million USDC on Solana today. Since 2025, Circle has issued 5 billion USDC on Solana.
* According to Arkham monitoring, the Trump family's crypto project, World Liberty, purchased 3,001 ETH and 95 WBTC through Cow Protocol.
* Investors are currently accumulating US stocks at a pace rarely seen before, the Trump EFFECT is REAL.
RETAIL investors alone bought $7.8B worth of US stocks over the past WEEK, the most since November 2023.
The SP500 is up about 5% over the past 7 days and hit an all-time high for the first time this year.
Meanwhile, foreign investors are turning to US stocks at record levels.
These investors bought a record $76.5 billion worth of US stocks in the past three months.
Foreign investors bought nearly 50% MORE US stocks in the past 3 months compared to the previous record.
Foreign investors have an average of 60% of their investments exposed to US stocks, which is also a new all-time high.
Since the Fed began cutting rates in September 2024, the SP 500 is up 8%.
This is in line with historical cycles of rate cuts in the event that a recession was avoided.
In the past, the SP 500 has risen about 50% on average in the two years following a rate cut IF a recession is avoided.
Market breadth is also improving.
89% of SP 500 stocks are trading above their 10-day moving average, the highest percentage since November, reflecting an UPTREND.
The probability of a US recession in the next 12 months perceived by economists surveyed by the WSJ fell to 22%.
If HISTORY REPEATS itself, there is 1 year and 9 months left for the SP500 to rise 42%, thus reaching the AVERAGE of the index's performance, after the RATE CUTS WITHOUT a recession.
