Crypto Market Weekly Report: Trump Meme Coin Sparks a Craze, New Opportunities Arise in the AI Track

This week, the crypto market has shown a wide range of fluctuations, with the market sentiment index dropping to 10%, entering the extreme fear zone. The market capitalization of stablecoins continues to grow, indicating that institutional funds are still entering the market. The low market sentiment is mainly affected by Trump not promptly launching cryptocurrency policies after taking office. Although relevant legislation was issued on Thursday, it did not significantly boost the market.

DeFi Ecosystem Development

The DeFi sector has performed remarkably, with TVL increasing to $53.8 billion, a growth of 0.56%. This is mainly attributed to the rise in the prices of underlying assets and project incentives, resulting in a general increase in on-chain APY. Projects like Sumer.money and Meteora have shown impressive TVL performance, indicating that investors are refocusing on the basic yields of DeFi.

Development of the AI Track

Affected by Trump’s announcement of a $500 billion AI infrastructure plan, the total market value of the AI sector reached $41.9 billion, but then pulled back. Virtuals Protocol, Swarms, and others continue to promote technological innovation, focusing on the layout of autonomous trading agents, multi-agent collaboration frameworks, and infrastructure construction. The application of TEE technology and the emerging narrative of the Agent economic system are receiving attention.

Meme coin trend

This week's focus is on the TRUMP and MELANIA tokens issued on Solana by Trump and Melania, leading to a significant drop in other Meme coins, demonstrating the market's high speculative and herd-following characteristics.

Performance of Public Chains

Solana and Tron performed outstandingly, especially Solana benefiting from the issuance of the TRUMP token, with a record high supply of on-chain stablecoins. Emerging public chains like Sonic, Core, and BSquared continue to innovate in the DeFi and AI fields, demonstrating strong potential for ecological development.

Future Outlook

Next week, the market will focus on the Federal Reserve's FOMC meeting, the PCE price index, and tech stock earnings reports. The market is expected to remain volatile, but investors are optimistic about the opportunities brought by clearer policies after February. The DeFi and AI sectors are likely to continue benefiting from improved fundamentals and policy support, and competition in the public chain ecosystem will further intensify.