HTX Watch Record Weekly Roundup (November 10-17): Bitcoin Ecosystem Leads with 97% Bounce in BANK. Robust rebound throughout L1 and L2 sectors

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Final week, the cryptocurrency market confirmed a transparent disconnect between total macro sentiment and sector-specific rotations. Whereas BTC traded sideways and stalled between bulls and bears round key ranges, buyers actively centered on structural alternatives inside the Bitcoin ecosystem, Solana DEX, and L1/L2 scaling sectors. HTX knowledge from November tenth to seventeenth exhibits high-quality property throughout a number of sectors displaying distinctive efficiency, highlighted by BANK’s astonishing 97% soar in a single week.

Bitcoin Ecosystem: BANK leads the way in which with weekly positive factors of 97%

The Bitcoin ecosystem clearly took heart stage this week. Momentum within the sector continued to construct in This autumn, pushed by each the strengthening of the BTC Layer 2 narrative and lively help for ecosystem property by main centralized exchanges (CEXs). BANK’s distinctive efficiency additionally displays the market’s robust perception within the “subsequent massive breakout inside the Bitcoin sector.”

● BANK (Lorenzo Protocol): Modular Bitcoin L2 infrastructure constructed on Babylon. BANK, which first launched on HTX in Could, surged 97% this week, securing its place because the week’s prime gainer, pushed by group enthusiasm and tales of an upgraded ecosystem.

L1/L2 sector: STRK will rise quickly after the cash returns

This week, the L1 public chain and layer 2 sectors have as soon as once more captured the eye of buyers, resulting in an total uptick in buying and selling exercise. Investor sentiment has shifted towards “excessive progress tales and resilient property.” In comparison with risky meme cash and one-time spike tokens, the L1/L2 sector has proven a transparent transfer in the direction of a extra sustainable progress trajectory.

● Coming quickly: 80% enhance in weeks. Progress in ecosystem deployment and efficiency enhancements has renewed near-term curiosity, making SOON the highest L1 performer this week.

● STRK (StarkNet): Up 50% this week and stands out as essentially the most consultant progress asset within the L2 sector.

DEX Sector: Solana stays in focus, PerpDEX regains consideration

DeFi’s capital effectivity is rising, derivatives markets have turn into necessary hubs for high-frequency on-chain merchants, and associated PerpDEX venture valuations are rising. On the similar time, the Solana ecosystem stays one of many hottest tales in This autumn, with robust on-chain TVL, DEX buying and selling volumes, and lively consumer numbers sustaining strong liquidity within the ecosystem.

●MET (Meteora): Up 41% this week. Meteora is a dynamic liquidity pool protocol on Solana that helps automated market makers and token buying and selling by way of a dynamic liquidity administration mechanism (DLMM). This week’s enhance displays continued native ecosystem worth discovery.

● ASTER (Aster): Up 20% this week, an excellent efficiency in decentralized perpetual buying and selling (PerpDEX). The PerpDEX sector is primarily pushed by buying and selling quantity and market volatility.

Privateness sector: ZEC and DASH ship strong income

Privateness-focused property usually act as risk-off hedges throughout market fluctuations. Indicators of regional regulatory stabilization are producing renewed curiosity on this space. The robust efficiency of ZEC and DASH confirms buyers’ confidence in secure and future-proof property.

●ZEC (Zcash): Up 12% for the week. One of many pioneering privateness tokens, ZEC is constructed on zero-knowledge proofs (zk-SNARKs) expertise and continues to offer foundational help for on-chain privateness safety.

● DASH: Up 10% this week. Recognized for its “hybrid privateness + immediate fee” mannequin, DASH has distinct benefits in fee community restructuring and on-chain funds.

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The most recent HTX Scorching Listings Weekly Recap confirms that the crypto market is getting into a interval of “multi-sector synchronization and fast-paced worth rotation.” The collapse of the privacy-focused asset ecosystem, the restoration of PerpDEX, and market give attention to particular narratives are collectively driving sector rotation.

HTX will proceed to filter and choose high-quality sector property to offer customers with initiatives with stronger progress potential.

About HTX

Based in 2013, HTX (previously Huobi) has developed from a digital asset change to a complete ecosystem of blockchain companies spanning digital asset buying and selling, monetary derivatives, analysis, funding, incubation, and different companies.

Because the world’s main gateway to Web3, HTX has international capabilities that enable us to offer safe and dependable companies to our customers. HTX adheres to the expansion technique of “World Growth, Thriving Ecosystem, Asset Effectiveness, Safety and Compliance” and is devoted to offering high quality service and worth to digital asset fans around the globe.

To be taught extra about HTX, go to https://www.htx.com/ or HTX Sq., and comply with HTX on X, Telegram, and Discord.

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