On May 15, the highly anticipated Huobi HTX "Fiery $HTX Season" themed event successfully concluded. This event grandly invested 100,000 USDT, bringing a trading feast to global crypto users around four core scenarios: holdings, spot trading, grid strategies, and earning coin profits.

Official data shows that this event attracted nearly 30,000 users to register, with a holding rate as high as 93.6%. During the event, the average holding amount of registered users increased by 318.1% compared to before the event, and the average daily trading volume of spot trading increased by 393.5%.

In the current market environment where overall trading sentiment remains cautious and incremental funds are limited, the holdings scale and trading activity of $HTX have significantly increased, reflecting the market's continuous recognition of $HTX's long-term value and ecosystem expectations.

11 Consecutive Weeks of Main Uptrend, $HTX Exhibits Independent Market Trend

The rising user confidence and explosive accumulated data are also directly reflected in the trends of the secondary market.

Market data shows that $HTX has recently exhibited a remarkably bright independent market trend: achieving a main uptrend for 11 consecutive weeks and strongly breaking through and stabilizing above the 60-week moving average (MA60), showing an extremely strong upward momentum.

Data Source: Huobi HTX, as of May 18

Core Empowerment Accelerating in Full, Value Flywheel Taking Shape

Behind the bright data is the recent full acceleration of HTX DAO and Huobi HTX around the construction of the $HTX ecosystem.

On one hand, the platform continues to promote the $HTX deflationary mechanism. Previously, HTX DAO has completed the destruction of $HTX for Q1 2026, with a quarterly destruction scale exceeding 10.83 trillion pieces, further reinforcing the market's expectation of its long-term scarcity.

On the other hand, Huobi HTX has explicitly designated $HTX as its only token for fee discounts. This strategically significant move directly binds the Huobi HTX platform's massive trading volume with the practical application scenarios of $HTX, giving it continuous rigid buying pressure and strong intrinsic value support.

In addition, activities such as the HTX Genesis Hackathon are being deeply promoted, with more and more quality developers, innovative projects, and community forces accelerating their entry into the $HTX ecosystem, building a more prosperous underlying infrastructure for its long-term development.

The successful conclusion of Huobi HTX's "Fiery $HTX Season" is not only a reflection of the phase explosion of the $HTX ecosystem but also a clarion call for a new round of value embarkation.

As the Huobi HTX trading ecosystem continues to expand, HTX DAO's ecological construction deepens, and more application scenarios and developer resources continuously gather towards $HTX, $HTX is stepping into a healthy positive flywheel. In the future, with the release and implementation of more ecological benefits, $HTX is expected to display stronger explosiveness and vitality in the crypto market!

About Huobi HTX

Huobi HTX was established in 2013, and after 13 years of development, it has transformed from a cryptocurrency exchange into a comprehensive blockchain business ecosystem encompassing digital asset trading, financial derivatives, research, investment, incubation, and other businesses.

As a global leading Web3 portal, Huobi HTX adheres to a development strategy of global expansion, ecosystem prosperity, wealth effects, and security compliance, providing comprehensive, safe, and reliable value and services for virtual currency enthusiasts worldwide.

For more information about Huobi HTX, please visit https://www.htx.com/ or HTX Square, and follow X, Telegram, and Discord. For further inquiries, please contact glo-media@htx-inc.com.