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Messari predicts that Solana will experience explosive growth in 2025

ChainCatcher news indicates that according to the Messari 2025 Crypto Theses report, Solana may experience strong growth in 2025. The report states that in the third quarter of 2024, Solana's ecosystem financing reached $173 million, setting a record high since the second quarter of 2022. With the gradual possibility of launching a spot SOL ETF, a more favorable regulatory environment is expected to attract more institutional participation, driving explosive market growth. Some analysts even predict that the price of SOL could break through $4,000.In addition, the Firedancer client has been deployed on the Solana mainnet this year. Developed by Jump Trading, it is a high-performance validator client designed to enhance the transaction speed and scalability of the blockchain. The initial version will be rolled out in phases, focusing primarily on improvements at the network layer, while future versions will further expand functionality to enhance Solana's overall performance and reliability. Firedancer plans to be fully deployed in 2025, which is expected to enhance client diversity on the SOL network, increase activity and security, and reduce reliance on a single client codebase. However, Messari notes that its short-term impact may be limited, as the deployment of other clients still faces bottlenecks, and the full potential of Firedancer may take more time to be fully realized.

CoinShares: The inflow of digital asset investment products this year to date is $44.5 billion, more than four times that of other years

ChainCatcher news, according to CoinShares' latest weekly report, digital asset investment products continued to attract inflows last week, totaling $3.2 billion, marking the tenth consecutive week of inflows. Year-to-date, the total inflow has reached $44.5 billion, more than four times that of any other year. The average weekly trading volume of ETPs reached $21 billion, accounting for 30% of the total Bitcoin traded on trusted exchanges. In trusted exchanges, Bitcoin trading volume is highly liquid, with an average daily trading volume of $8.3 billion this year, which is twice that of the FTSE 100 index. In terms of regional capital flows, all regions experienced inflows, with overall sentiment generally positive, particularly in the U.S., Switzerland, Germany, and Brazil, which saw inflows of $3.1 billion, $36 million, $33 million, and $25 million, respectively.Bitcoin investment products attracted $2 billion in inflows, bringing the total inflow since the U.S. elections to $11.5 billion. Although the total assets under management (AuM) remain at a low level of $130 million, recent price increases have attracted $14.6 million in inflows for Bitcoin short products. Ethereum attracted inflows for the seventh consecutive week, totaling $1 billion, with total inflows over these seven weeks reaching $3.7 billion, indicating a significant improvement in market sentiment. With hopes for U.S.-listed ETFs rising, altcoin XRP attracted $145 million in inflows, while Polkadot and Litecoin attracted $3.7 million and $2.2 million in inflows, respectively.
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