Crypto Market Weekly Report: A Few Highlights in the Fall

This week, the overall trend in the crypto market has been a rapid fall, with the market sentiment index plummeting from 33% to 11%. The market capitalization of stablecoins has basically stagnated, indicating that institutional funds are starting to withdraw from the market. The panic in the market is mainly due to a large-scale asset theft incident at a certain exchange, as well as inflation concerns triggered by Trump's proposed aggressive tariff policies, which have reduced the likelihood of interest rate cuts by the Federal Reserve and intensified worries about a recession in the U.S. The overall market sentiment has plunged into extreme panic, with most cryptocurrencies underperforming the benchmark index.

Market Highlights

Despite the overall market being sluggish, a few projects still stand out.

• LTC: Rising against the trend, mainly benefiting from the market's increased expectations for its ETF approval.

• S: The Sonic platform attracts users with high APY, driving up token prices.

• SOSO: The SoSoValue project flexibly adjusts its strategy and launches high-yield mining activities.

• BERA: Berachain quickly reversed the fall trend by adjusting on-chain project yields.

Assets Worth Noticing for Fall

• ETH: The market has raised doubts about safe technology due to a theft incident at a certain exchange.

• SOL: The meme coin craze has subsided, with a large outflow of on-chain funds.

• ADA: Cardano's ecosystem TVL has significantly decreased, and user participation has declined.

• AI: The AI and Gamefi sectors are generally experiencing a pullback and are about to face large-scale token unlocks.

• TKO: A large-scale token unlock is about to occur due to security incidents affecting the exchange.

• RUNE: Trading volume may fall, coupled with market concerns over its alleged money laundering.

Hot Track Analysis

Sonic Chain

The TVL of Sonic chain continues to grow rapidly, with a growth of 10.32% this week, reaching $683 million. Its token S has risen against the trend by 7.63%. The main reason is Sonic's shift to the DeFi track, attracting users through high APY. The key to future development lies in maintaining the efficient operation of the economic flywheel, requiring attention to changes in the APY of on-chain DeFi projects.

Berachain

Berachain's TVL increased slightly by 4.66% this week, reaching $3.194 billion, ranking sixth among public chains in TVL. Its token BERA rose by 7.26%. This is mainly due to the high APY offered by on-chain DeFi projects. Future developments need to pay attention to the emergence of new projects and changes in on-chain interest rates.

Market Theme Overview

This week, the Sociafi sector performed the best, while the PayFi sector performed the worst. In the Sociafi sector, TON and CHZ had relatively small falls, while in the PayFi sector, XRP and XLM had larger falls.

Important Events Next Week

• March 3: U.S. February ISM Manufacturing PMI released
• March 5: U.S. February ADP employment numbers released; Ethereum Pectra network upgrade plan launched on the testnet
• March 7: U.S. February non-farm payroll data and unemployment rate released.

Summary

This week, the crypto market experienced a significant fall, and investors generally feel worried. Nevertheless, some projects like LTC, Sonic, SoSoValue, and Berachain have attracted users with high-yield strategies. In the long term, market stability and the emergence of innovative projects will be key. Investors are advised to closely monitor market dynamics and operate with caution.