In the first week of September (August 31 - September 6), the crypto market heated up. Multiple tracks such as L2, the Solana ecosystem, privacy, DeFi, and Meme saw notable assets strengthen. Among them, ARB led the Huobi HTX platform with a weekly increase of 111%; both RAY and DASH rose by 61%, and in the privacy track, DASH, ZEC, and ZEN made the list collectively, showing prominent interconnected features.

According to data from the Huobi HTX platform, this week's market hotspots showed a rotation pattern across multiple tracks. On one hand, focus has shifted back to foundational infrastructure aspects like L2, DeFi, and public chain ecology; on the other hand, high-elasticity tracks such as privacy and Meme remain active, and market risk appetite has risen.

L2 Track Strongly Leads: ARB Weekly Increase Reaches 111%

The most outstanding asset this week comes from the L2 track. This week ARB doubled its price, with a 111% increase topping the weekly increase chart on the Huobi HTX platform, reflecting the market's noticeable increase in interest in Ethereum's scaling ecology and L2 infrastructure.

• ARB (+111%): ARB is the governance token of the Ethereum Layer 2 scaling network Arbitrum. Arbitrum enhances Ethereum's transaction processing efficiency through off-chain execution and on-chain settlement, reducing user costs for participating in on-chain applications, covering multiple directions like DeFi, gaming, and infrastructure.

Solana Ecosystem Remains Active: RAY Rises 61%

As the Solana on-chain ecosystem continues to be active, funds maintain a high level of attention on DeFi projects with practical application scenarios within this ecosystem. RAY rose by 61% this week, ranking high on the weekly increase chart and demonstrating strong price elasticity.

• RAY (+61%): RAY is the native token of the decentralized trading protocol Raydium in the Solana ecosystem. Raydium provides token exchange and liquidity supply services for Solana chain users, and is one of the representative liquidity infrastructures in the Solana DeFi ecosystem.

Privacy Track Concentrates Explosively: DASH Leads, ZEC and ZEN Strengthen Together

The privacy track has become one of the most concentrated performing sectors this week. DASH, ZEC, and ZEN all entered the increase chart simultaneously, creating a clear interlinked market trend.

• DASH (+61%): DASH is one of the earlier crypto assets focusing on digital payments and transaction privacy, enhancing the payment efficiency of digital assets through instant transactions and privacy features. This week, DASH rose by 61%, leading the privacy track.
• ZEC (+37%): ZEC is the native asset of the privacy network Zcash. Zcash uses zero-knowledge proof technology to provide users with privacy protection options based on verifiable blockchain transactions. ZEC rose by 37% this week, indicating a growing market interest in zero-knowledge proofs and on-chain privacy technologies.
• ZEN (+36%): ZEN is the native asset of the Horizen ecosystem, primarily used for network governance, ecological incentives, and related on-chain applications. ZEN increased by 36% this week, alongside DASH and ZEC, collectively elevating the privacy concept sector.

Overall, the simultaneous rise of three privacy concept assets makes the privacy track one of this week's most recognizable market lines. As issues such as on-chain data security, information autonomy, and transaction privacy receive attention, the market heat for related assets has also risen accordingly.

DeFi Sector Steadily Recovers: UNI Rises 35%, JST Increases by 18%

As an important foundational sector in the crypto market, DeFi also showed signs of warming this week. Among them, UNI and JST represent the decentralized finance direction of Ethereum and TRON ecosystems, respectively.

• UNI (+35%): UNI is the governance token of the decentralized trading protocol Uniswap. Uniswap is a representative trading infrastructure in the DeFi market, holding significant influence in on-chain asset exchanges and liquidity markets. This week, UNI rose by 35%, demonstrating an increased attention from funds towards leading DeFi protocols.
• JST (+18%): JST is the governance token of the TRON ecosystem DeFi protocol JUST, used for protocol governance and related ecological scenarios. This week, JST rose by 18%, reflecting continuous market interest in the financial ecology on the TRON chain.

The simultaneous rise of UNI and JST indicates that while high-elasticity assets are strengthening, DeFi projects with application foundations and long-term market recognition are also gaining renewed attention from funds.

BSC Meme Continues Its Heat: MARSCOIN Increases by 37%

• MARSCOIN (+37%): As a Meme asset of the BSC ecosystem, MARSCOIN rose by 37% this week, showing that the Meme sector still possesses high market activity.

Compared to infrastructure and DeFi assets, the price performance of Meme tokens is more easily influenced by community dissemination, market sentiment, and short-term capital changes. In a phase of rising market risk appetite, such assets typically exhibit strong upward elasticity, but they also come with more pronounced price volatility.

Fastening Rotation Across Multiple Tracks, Privacy and Infrastructure Become Market Focus

Overall, from August 31 to September 6, the weekly increase chart on the Huobi HTX platform showed clear structural rotation features: ARB led with a 111% increase, bringing the market's focus back to L2 infrastructure; RAY rose by 61%, continuing the heat in the Solana ecosystem; DASH, ZEC, and ZEN collectively strengthened, propelling the privacy track to become an important market line this week; UNI and JST indicated signs of recovery in the DeFi sector, while MARSCOIN's rise further reflected sustained activity in the Meme market.

From the increase structure, the current market hotspots have expanded from a single concept to multiple subfields. Funds are searching for high-elasticity directions like Meme and privacy while also reevaluating the long-term value of L2, DeFi, and public chain ecological infrastructure.

As a global digital asset trading platform covering diverse assets and popular tracks, Huobi HTX will continue to monitor changes in market structure and the development of emerging projects, providing users with richer trading options and market observation perspectives.