1. Grayscale Launches Optimism and Lido DAO Trust Funds link

Grayscale has announced the launch of the Optimism Trust Fund and the Lido DAO Trust Fund, offering investors opportunities to gain exposure to the Optimism and Lido DAO ecosystems.

2. Base Ecosystem Records $1 Billion Monthly Net Inflows, TVL Reaches $14.2 Billion link

According to data from Artemis and L2Beat, the Base ecosystem has recorded a total cross-chain inflow of approximately $1.5 billion over the past month, with a net inflow of around $1 billion. The current TVL (Total Value Locked) stands at roughly $14.2 billion. The majority of inflows originated from Ethereum (87%, primarily in ETH) and Arbitrum (4%, evenly split between ETH and stablecoins).

Further analysis by Wu Blockchain researchers highlights key contributors to the TVL growth during this period:

ETH bridged to Base increased from 800,000 to 1,000,000, adding approximately $1.3 billion.

cbETH bridged rose from 30,000 to 45,000, contributing $75 million.

weETH (etherFi) bridged grew from 30,000 to 53,000, adding roughly $100 million.

The market cap of Mog token surged from 8.4T to 22T due to its listing on Coinbase, contributing about $50 million.

USDT reserves increased from $12 million to $24 million, adding $12 million.

Native USDC saw no growth and even contracted by approximately $20 million.

3. Electric Capital: Solana Emerges as the Top Blockchain for New Crypto Developers in 2024 link

In 2024, the global cryptocurrency developer population remained relatively stable, with 23,613 monthly active developers in November, marking a 7% year-over-year decline. The Solana ecosystem attracted 7,625 new developers, an 83% year-over-year growth, surpassing Ethereum’s 6,244 new developers. This milestone makes Solana the first community since 2016 to outpace Ethereum in attracting new talent.

Nevertheless, Ethereum retains its position as the largest developer ecosystem, with its Layer 2 networks (such as Base, Optimism, and Arbitrum) contributing to over half of its developer activity. Furthermore, Asia has emerged as the region with the highest number of blockchain developers, with India accounting for 17% of new additions.

4. HashKey Chain Introduces $50 Million Atlas Grant Program link

HashKey Chain has announced the launch of the $50 million Atlas Grant Program, aimed at supporting global Web3 developers and advancing the OP Stack ecosystem alongside on-chain applications. The initial phase has allocated 10 million HSK tokens, with applications open from December 10, 2024, to January 10, 2025. The final recipient list will be unveiled on January 20, 2025.

The program focuses on key areas, including Real World Assets (RWA) tokenization, PayFi, stablecoins, and BTCFi development.

5. Filecoin Foundation Unveils Strategic Focus for 2025 link

The Filecoin Foundation has unveiled its strategic priorities for 2025, which include ensuring the seamless operation of Filecoin and achieving product-market fit; emphasizing quality, precision, and stability; supporting open-source data storage tools; maintaining community engagement through high-profile and high-quality integrations and collaborations, including platform and AI partnerships; assisting storage providers in finding profitable business models and promoting paid storage transactions, including through supported transaction channels; and significantly increasing on-chain activity, among other initiatives.

6. Binance Removes Inscription Marketplace, Assets Remain Accessible for Viewing and Transfer link

In response to questions from Twitter users regarding inscriptions in the new Binance Wallet, Binance Customer Support tweeted that the inscription market has been removed, and users are currently unable to buy or sell inscription assets. However, users can still view their inscription assets in the Inscription Center and transfer them to other wallets. To view inscription assets, users can click on “See More” and then select “Inscriptions” on the Web3 page. In February 2024, Binance will launch the Inscription Market, providing a one-stop solution for users to inscribe and trade various inscription tokens, supporting BRC-20 and other types of inscription tokens. The Binance Inscription Market will be integrated into the Binance Web3 Wallet.

7. Nature Magazine Features DeSci Project ResearchHub link

The globally renowned scientific journal Nature reported on December 11th about the decentralized science (DeSci) project, ResearchHub. This platform incentivizes academic peer review through its native token, ResearchCoin (RSC), with each paper review earning approximately $150 worth of tokens as a reward. Launched in 2020, ResearchHub has garnered support from Coinbase CEO Brian Armstrong, who emphasized the need for peer review to be compensated during the ResearchHub Journal launch event in San Francisco last month. The platform charges a $1,000 paper processing fee and levies a 7% transaction fee on ResearchCoin (RSC) trades, with 2% being returned to the community.

8. Raydium Surpasses Uniswap in Monthly Trading Volume, Driven by Memecoin Activity link

Decentralized exchange Raydium has surpassed Uniswap in monthly trading volume for two consecutive months. In November, Raydium’s monthly trading volume exceeded Uniswap by approximately 30%, reaching $12.46 billion, with memecoin trading accounting for 65% of the total. Raydium represents over 60% of Solana’s DEX total trading volume. The growth of Raydium can be attributed to Solana’s technological advantages in high throughput and low transaction costs, as well as support from the memecoin platform Pump.fun, which has brought continuous liquidity and trading opportunities. Meanwhile, Solana holds nearly 50% of the monthly DEX trading volume across all chains, outperforming Ethereum by 175%, which holds approximately 18%.

9. Azuki Names Hong Kong Actor Stephen Fung as New Creative Partner link

Azuki announced on the X platform that Hong Kong actor Stephen Fung has become their new creative partner. Fung will join the team as an advisor, helping to reimagine the fan experience and storytelling within the anime space. Earlier in April, Fung posted photos of his wedding anniversary party with his wife, Shu Qi, on social media, with Azuki elements in the background of their joint picture. Fung had also participated in the Azuki exhibition at Hong Kong’s K11 in 2022.

10. Binance Launches New Token Pool for Vana (VANA) link

Binance has launched a new token pool for Vana (VANA), with trading set to begin on December 16, 2024, at 10:00 (UTC). VANA can be mined by locking BNB and FDUSD. This marks the 62nd project listed in Binance’s New Coin Pool. Vana (VANA) is a native EVM-compatible L1 blockchain designed for user-owned data. The website is expected to go live within 12 hours prior to the launch of the new coin pool.

Previously, Vana revealed its tokenomics, with a total supply of 120 million VANA tokens. Of this, 66.9% is allocated to the ecosystem and community. The circulating supply at the Token Generation Event (TGE) will be 25.1%, primarily used for network security, governance voting, transaction fee payments, participation in DataDAO, and data access currency. The allocation breakdown includes 44% for the community, 22.9% for the ecosystem, 18.8% for core contributors, and 14.2% for investors, with phased unlocking.

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