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Cryptocurrency News Articles
The AI Arms Race between the U.S. and China’s DeepSeek
Jan 29, 2025 at 01:30 pm
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Introduction
The AI Arms Race between the U.S. and China’s DeepSeek seems to have officially kicked off this week. As DeepSeek’s new AI model launches and gathers attention, some begin to worry that the hype around current leading projects may be causing U.S. tech stocks to drop (some have even renamed DeepSeek to DeepSh*t as a result).
On the other hand, there were some new causes for 2025 bullishness. Solana's stablecoin supply has hit a new peak after climbing past $11 billion, beating Ethereum in stablecoin growth.
After closing last year on a low note, Pump.fun is back in the spotlight for the right reasons. The Solana-based meme coin launchpad generated $15.5 million in fees on Jan. 24, setting a new daily record.
And that's not even half the story. Here is what happened in Solana this week.
Solana Numbers the Last 7 Days
SOL cooled down after last week's massive rally to a new all-time high. The slight dip caused by the DeepSeek AI launch did not help Solana's case, although SOL has erased most of the losses.
Its total value locked (TVL) has taken a knock from last week's historical high, while the number of active addresses remains the same.
How Did Solana Stack Up Against Its Competitors?
Solana Ecosystem the Last Week
Top Gainers:
Top Losers:
Solana DeFi
Solana wants to capture 10% of the DeFi market as it strongly clutches the second position, and its ecosystem is doing its bit.
Ethereum remains on top with over half of the total TVL while other chains share the remaining balance.
Solana Meme Coins
Top Gainers:
Top Losers:
Solana DePIN
NFTs
Top 5 Solana News Stories
Pump.fun Sets Single-Day Revenue Record
Solana's Stablecoin Supply Hits New Highs
Jupiter Acquires Majority Stake in Moonshot
Virtuals Protocol Expands to Solana, Establishes Strategic SOL Reserve
50% of TRUMP and MELANIA Meme Coin Holders New to Solana Altcoins
What You Can Do Now
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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