Odaily Report: According to SoSoValue data, the crypto market overall shows a volatile downward trend, with the Meme sector down 3.77% over 24 hours. Within the sector, Pepe (PEPE) fell 16.97%, while Useless Coin (USELESS) and Bonk (BONK) dropped 7.86% and 4.90% respectively.In other sectors, the CeFi sector declined 0.25%, but Cronos (CRO) rose 3.60%; the Layer1 sector fell 0.88%, with NEAR Protocol (NEAR) down 1.99%; the PayFi sector dropped 1.17%, with Zcash (ZEC) down 3.38%; the DeFi sector declined 2.43%, with Uniswap (UNI) down 9.41%; the Layer2 sector fell 2.95%, with Arbitrum (ARB) down 8.63%.Additionally, only the SocialFi sector remained relatively resilient, rising 4.50% over 24 hours. Within the sector, Gram (GRAM) gained 5.56%.Crypto sector indices reflecting historical sector performance show that the ssiSocialFi, ssiMeme, and ssiRWA indices rose 4.74%, fell 4.23%, and fell 3.91% respectively.

Odaily reports: On November 11, according to SoSoValue data, the crypto market sectors overall trended downward. The PayFi sector fell 4.86% in 24 hours, with Zcash (ZEC) down 12.42%, Dash (DASH) down 6.37%, and XRP (XRP) down 3.76%. Bitcoin (BTC) fell 1.66%, dropping below $74,000; Ethereum (ETH) fell 3.09%, dropping below $2,100.In other sectors, the Layer2 sector fell 2.29% in 24 hours, with Mantle (MNT) down 5.26%; the DeFi sector fell 2.25%, with Aave (AAVE) down 5.77% and Lighter (LIT) up 10.41%; the Layer1 sector fell 2.02%, with Solana (SOL) down 3.53%; the CeFi sector fell 1.18%, with NEXO (NEXO) down 2.34%.The SocialFi sector rose 6.91% in 24 hours, with Gram (GRAM) up 7.768%; the Meme sector rose 0.14%, with Pepe (PEPE) up 7.21%. Crypto sector indices reflecting historical sector performance show that the ssiSocialFi, ssiDePIN, and ssiGameFi indices rose 7.70%, 0.79%, and 0.06%, respectively.

Odaily: Alta has announced the completion of a $47.5 million Series A funding round, led by Index Ventures, with participation from GV (Google Ventures), Blackbird Ventures, Square Peg, and Capital49. Alta is a company developing Layer 1 blockchains for banks and large financial institutions. The valuation of this funding round was not disclosed.

Odaily Sees: On November 10, according to SoSoValue data, crypto market sectors showed mixed performance. The AI sector rose 2.84% in 24 hours, with Pieverse (PIEVERSE) up 39.00%, while Kite (KITE), Venice Token (VVV), and Unibase (UB) gained 8.46%, 6.99%, and 6.10%, respectively.Among other sectors, SocialFi rose 3.63%, with Gram (GRAM) up 4.13%; DeFi rose 0.48%, with Jupiter (JUP) up 7.36%; Layer2 rose 0.18%, with Celestia (TIA) up 2.00%; CeFi rose 0.03%, with Aster (ASTER) up 0.98%; Meme was flat at 0.00%, with Useless Coin (USELESS) up 5.86%. Layer1 fell 0.50%, while Avalanche (AVAX) surged 8.18% intraday; PayFi dropped 2.13%, with Zcash (ZEC) down 5.74%.Among the crypto sector indices reflecting historical sector performance, the ssiAI, ssiSocialFi, and ssiGameFi indices rose 3.96%, 3.29%, and 1.94%, respectively.

Odaily reports that Bitmine Chairman Tom Lee stated that Ethereum co-founder Vitalik Buterin's declaration at Devcon 8 in Mumbai that "ETH is a store of value, ETH is money" represents an "earthquake-level shift," clarifying how ETH will capture value in the future tokenization and AI super-cycle.Tom Lee believes that ETH is not a cash-flow-centric token like HYPE or LIT, but rather a pure and trustworthy collateral asset. As more and more financial institutions migrate their assets onto the blockchain, Ethereum is poised to become their preferred Layer 1 network.He further pointed out that positioning ETH as a store-of-value asset is most aligned with Ethereum's future roadmap and the role it will play in the upcoming tokenization super-cycle.

Odaily reports: The University of Oregon blockchain group Dorm DAO has published a research report recommending a full-position buy of AI mining project Pearl (PEARL), with a target price of $2.5 to $3. The project currently has a market cap of approximately $531 million.The report notes that Pearl is a Layer 1 public chain adopting a "Proof of Useful Work" (PoUW) mechanism, replacing traditional PoW computation with matrix multiplication, enabling GPUs to participate in network security maintenance and earn token rewards while performing AI tasks. The fund believes that potential listings on Coinbase and Kraken, the FP8 kernel upgrade, and the AI compute narrative are its main growth catalysts.However, the report also cautions that currently less than 1% of blocks involve real AI tasks, and the token supply is expected to grow by approximately 86% next year. Additionally, the approximately 122 million tokens produced within the first 6 days of mainnet launch have not had their team's internal holdings disclosed, and the project has not yet completed a third-party code audit.

Odaily: On November 6, according to SoSoValue data, crypto market sectors fell across the board. The DePIN sector dropped 7.31% in 24 hours, with Grass (GRASS) down 14.32%, Filecoin (FIL) down 8.47%, and Render (RENDER) down 5.72%. Bitcoin (BTC) fell 5.66%, dropping to the $76,000 mark; Ethereum (ETH) fell 7.71%, breaking below $2,300.In other sectors, the CeFi sector dropped 3.63% in 24 hours, with Cronos (CRO) down 6.22%; the Layer1 sector fell 4.06%, with NEAR Protocol (NEAR) down 8.23% and Injective (INJ) up 2.94%; the PayFi sector fell 5.07%, with XRP down 7.19%; the Layer2 sector fell 5.10%, with Mantle (MNT) down 8.79%; the Meme sector fell 5.88%, with SPX6900 (SPX) down 9.72%; the DeFi sector fell 6.45%, with Ethena (ENA) down 10.58%.Among the crypto sector indices reflecting historical sector performance, the ssiDePIN, ssiRWA, and ssiDeFi indices fell 7.24%, 7.17%, and 6.74%, respectively.

Odaily Report: On November 5, according to SoSoValue data, crypto market sectors broadly rebounded. The DePIN sector rose 5.79% in 24 hours, with Aethir (ATH) up 9.91% and Render (RENDER) up 9.23%. Bitcoin (BTC) rose 4.94%, breaking $80,000; Ethereum (ETH) rose 7.21%, breaking $2,400. MAG7.ssi rose 4.37%, DEFI.ssi rose 4.11%, and MEME.ssi rose 3.54%.In other sectors, the RWA sector rose 5.47%, with Ondo Finance (ONDO) up 7.25%; the Layer2 sector rose 5.28%, with Stacks (STX) up 11.31%; the PayFi sector rose 4.89%, with Dash (DASH) up 8.99%; the DeFi sector rose 3.97%, with Raydium (RAY) up 17.73%; the Layer1 sector rose 3.74%, with Injective (INJ) up 12.41%; the CeFi sector rose 3.67%, with Cronos (CRO) up 5.21%; the Meme sector rose 3.11%, with Useless Coin (USELESS) up 14.01%. Crypto sector indices reflecting historical sector performance showed that the ssiDePIN, ssiRWA, and ssiLayer2 indices rose 6.29%, 5.79%, and 5.74%, respectively.

Odaily reports that Circle has disclosed the latest progress on the Arc network, having completed the genesis minting of 10 billion ARC tokens, becoming the first publicly traded company to mint network tokens for a new Layer 1 blockchain. ARC will be used for network security, utility functions, and governance, and Arc plans to transition to a proof-of-stake (PoS) mechanism by 2027.In addition, the Arc public mainnet launched on September 16, attracting more than 100 institutions and ecosystem builders on its first day, with native integration of USDC. Future development will focus on PoS, privacy protection, and scalability.On the ecosystem side, the Arc developer community has grown to more than 75,000 Arc House members and 10,000 Architect ambassadors, with over 1,200 projects built cumulatively during the private mainnet phase.

Odaily reports: On November 4, according to SoSoValue data, most sectors of the crypto market declined. The GameFi sector fell 3.07% in 24 hours, with Beam (BEAM) down 10.39%; the AI sector fell 1.29%, with Unibase (UB) down 4.73% and Akedo (AKE) down 32.52%. The Layer2 sector fell 0.16%, with SOON up 8.67%; the Layer1 sector fell 0.52%, with Injective (INJ) up 2.12%; the CeFi sector fell 0.96%, with OKB down 1.95%; the DeFi sector fell 1.58%, with Hyperliquid (HYPE) down 2.09%. The PayFi sector rose 0.68% in 24 hours, with Zcash (ZEC) up 4.59% and Monero (XMR) up 3.67%; the Meme sector rose 0.04%, with Pump.fun (PUMP) up 7.05%. As for crypto sector indices, the ssiLayer2 index rose 0.35%, the ssiNFT index rose 0.14%, and the ssiGameFi index fell 2.36%.