"The market is recovering, the structure is warming up, pay attention to key resistance and adaptive strategies."

The total market value of cryptocurrencies worldwide is $3.22 trillion, up from $3.06 trillion last week, representing an increase of approximately 5.23% this week.

Collect on Fanable is a physical collectibles trading platform incubated by Ethernal Labs.

Hotcoin Research | December 29, 2025 - January 2, 2026

This article will analyze the market landscape and key data performance of 2025, starting from the background and development of the rise of the Perp DEX track.

"Unilateral trends are hard to emerge, with policies and cryptocurrency events alternating in dominance; flexibility will become the core competitive advantage."

The total market value of cryptocurrencies worldwide is $3.06 trillion, down from $3.09 trillion last week, representing a decrease of approximately 0.97% in the total market value of cryptocurrencies this week.

Hotcoin Research | Frenzy, Stampede, and Reconstruction: A Review of the 2025 Crypto Market Under Regulatory Easing and Institutional Entry, and a Preview of 2026

Hotcoin Research | December 22-26, 2025

Lighter is a perpetual contract exchange based on Ethereum's zero-knowledge Rollup (zk-Rollup), achieving verifiability through customized ZK circuits.

"The downside risk is limited, but the upside still needs a catalyst; the key window is approaching."

"The cryptocurrency market has entered a rebalancing phase after a high-level correction, with the market waiting for new momentum."

The total market value of global cryptocurrencies is $3.09 trillion, down from $3.22 trillion last week, a decrease of 4.03% in the total market value of cryptocurrencies this week.