Final week, the crypto market displayed a transparent divergence between general macro sentiment and sector-specific rotation. Whereas BTC traded sideways, locked in a stalemate between bulls and bears round a key vary, traders actively centered on structural alternatives inside the Bitcoin ecosystem, Solana DEXs, and the L1/L2 scaling sectors. HTX information from November 10 to 17 present that high-quality belongings throughout a number of sectors carried out exceptionally, highlighted by BANK’s exceptional 97% surge in a single week.
Bitcoin Ecosystem: BANK Leads With a 97% Weekly Achieve
The Bitcoin ecosystem was clearly within the highlight this week. Momentum within the sector continued to construct within the fourth quarter, pushed each by the strengthening BTC Layer 2 narrative and energetic assist for ecosystem belongings from main centralized exchanges (CEXs). BANK’s distinctive efficiency additionally displays the market’s robust conviction within the “subsequent main breakout inside the Bitcoin sector.”
● BANK (Lorenzo Protocol): A modular Bitcoin L2 infrastructure constructed on Babylon. First launched on HTX in Might, BANK surged 97% this week, fueled by neighborhood enthusiasm and an upgraded ecosystem narrative, securing its place as the highest gainer of the week.
L1/L2 Sector: SOON and STRK Rise as Funds Return
The L1 public chain and Layer 2 sectors regained investor consideration this week, resulting in a normal uptick in buying and selling exercise. Investor sentiment shifted towards “high-growth narratives and high-elasticity belongings”. In comparison with unstable meme cash or one-off spike tokens, the L1/L2 sectors confirmed a transparent transfer towards a extra sustainable development trajectory.
● SOON: Up 80% for the week. Progress in ecosystem rollout and efficiency enhancements fueled renewed short-term curiosity, making SOON the highest L1 performer of the week.
● STRK (StarkNet): Gained 50% this week and stands out as probably the most consultant development asset within the L2 sector.
DEX Sector: Solana Stays in Focus, PerpDEXs Reclaim Consideration
DeFi capital effectivity is on the rise, turning the derivatives market right into a key hub for high-frequency on-chain merchants and boosting valuations of associated PerpDEX initiatives. On the similar time, the Solana ecosystem stays some of the intently watched narratives in This fall, with robust on-chain TVL, DEX buying and selling quantity, and energetic person numbers sustaining sturdy ecosystem liquidity.
● MET (Meteora): Up 41% this week. Meteora is a dynamic liquidity pool protocol on Solana that helps Automated Market Makers and token buying and selling via its Dynamic Liquidity Administration Mechanism (DLMM). This week’s achieve displays continued native ecosystem worth discovery.
● ASTER (Aster): Rose 20% this week, a standout performer in decentralized perpetuals (PerpDEX). The PerpDEX sector is basically pushed by buying and selling quantity and market volatility.
Privateness Sector: ZEC and DASH Publish Stable Positive aspects
Privateness-focused belongings usually act as a risk-off hedge during times of market volatility. With indicators of regional regulatory stabilization, the sector is attracting renewed curiosity. The robust efficiency of ZEC and DASH underscores investor confidence in safe, forward-looking belongings.
● ZEC (Zcash): Up 12% for the week. As one of many pioneering privateness tokens, ZEC is constructed on zero-knowledge proof (zk-SNARKs) know-how and continues to supply foundational assist for on-chain privateness safety.
● DASH (Sprint): Gained 10% this week. Recognized for its “hybrid privateness + on the spot cost” mannequin, DASH holds distinct benefits in cost community restructuring and on-chain settlements.
Restricted-Time Provide: Random Airdrop #4 Now Reside
HTX has launched the 4th section of its limited-time random airdrop occasion, giving spot buying and selling customers further rewards as high-quality belongings rotate. The designated cryptos (Spot USDT buying and selling pairs) are: XRP, ZEC, TRUMP, WLFI, MET, BANK, ZK, MELANIA, and DASH. To take part, merely click on “Register Now” on the occasion web page.
High quality New Property Drive Steady Structural Traits
The most recent HTX Scorching Listings Weekly Recap confirms that the crypto market is getting into a interval of “multi-sector synchronization and fast-paced worth rotation”. The breakout of the privacy-focused asset ecosystem, the rebound of PerpDEX, and market consideration on particular narratives are collectively driving sector rotation.
HTX will proceed to filter and choose high-quality sector belongings, offering customers with initiatives that provide stronger development potential.
About HTX
Based in 2013, HTX (previously Huobi) has developed from a digital asset change right into a complete ecosystem of blockchain companies that span digital asset buying and selling, monetary derivatives, analysis, investments, incubation, and different companies.
As a world-leading gateway to Web3, HTX harbors world capabilities that allow it to supply customers with protected and dependable providers. Adhering to the expansion technique of “International Growth, Thriving Ecosystem, Wealth Impact, Safety & Compliance,” HTX is devoted to offering high quality providers and values to digital asset lovers worldwide.
To be taught extra about HTX, please go to https://www.htx.com/ or HTX Sq. , and observe HTX on X, Telegram, and Discord. For additional inquiries, please contact [email protected].