Binance Research：Meme Coins，ETFS，AI令牌

Binance Research是最大的加密交易所的子公司，刚刚发布了其最新的月度市场见解报告。

Binance, the world's largest cryptocurrency exchange, has released its latest Monthly Market Insights report, which provides an overview of the key trends and developments in the digital asset industry during January 2025.

全球最大的加密货币交易所Binance发布了其最新的月度市场见解报告，该报告概述了2025年1月的数字资产行业的关键趋势和发展。

The report highlights a number of positive developments in the crypto market, including a peaking market at $3.76 trillion and strong gains in several key areas. However, the biggest loser was in AI-related crypto projects, which took a hard beating from DeepSeek.

该报告强调了加密货币市场的许多积极发展，其中包括3.76万亿美元的峰值市场和在几个关键领域的强劲增长。但是，最大的失败者是在与AI相关的加密项目中，该项目对DeepSeek进行了艰难的殴打。

Binance Research, a subsidiary of Binance, also provides its latest insights on the meme coin craze and the latest ETF filings in the US.

Binance的子公司Binance Research还提供了有关模因硬币热潮和美国最新ETF文件的最新见解。

Binance Research: Meme Coins, ETFs, AI Tokens

Binance Research：Meme Coins，ETFS，AI令牌

Binance Research, a subsidiary of the largest crypto exchange, just released its newest Monthly Market Insights report. In it, Binance painted a positive picture, with the crypto market peaking at $3.76 trillion in January and growth areas like meme coins having a dramatic impact.

Binance Research是最大的加密交易所的子公司，刚刚发布了其最新的月度市场见解报告。在其中，Binance绘制了积极的景象，加密货币市场在一月份的峰值达到3.76万亿美元，而Meme Coins（例如具有巨大影响）的增长区域。

“The advent of token launchpads and the meme coin mania has led to the creation of over 37 million tokens, with projections exceeding 100 million by year-end. This growth has fragmented capital, making it harder for tokens to sustain prices and achieve high valuations,” the report claimed.

“令牌发射台和模因硬币狂热的出现导致创造了超过3700万个令牌，预计年底超过了1亿个。这种增长的资本分散，使代币更难维持价格并实现高估值。”

Binance Research has been studying the meme coin craze for several months, so it makes sense that it has a wealth of data on the subject.

Binance Research已经研究了模因硬币的热潮已有几个月了，因此它有大量有关该主题的数据是有道理的。

Although meme coins are a growth area in the industry, the report raised a few concerns. Specifically, it concurred with the research suggesting that this tidal wave of projects is sapping energy from traditional altcoins.

尽管模因硬币是该行业的增长领域，但该报告引起了一些担忧。具体而言，它与研究同意，这表明这种潮汐浪潮正在从传统的山寨币中浪费能量。

Binance claimed that this meme coin influx “fuels speculation, reduces attention spans and discourages long-term holding,” asserting that most tokens have a negligible market cap.

Binance声称，这种模因硬币的涌入“促进了人们的猜测，减少了注意力跨度并阻止了长期持有”，他断言大多数代币的市值微不足道。

Still, it did have positive downstream impacts, like rapid growth in Solana DEX volumes. Meme coins and AI agents helped the Solana-to-Ethereum DEX volume ratio surpass 300% in January.

尽管如此，它确实具有积极的下游影响，例如Solana Dex量的快速增长。一月份，模因硬币和AI代理帮助Solana-Ethereum DEX量比超过300％。

Moreover, Binance’s report discussed the political changes that occurred after Trump's Inauguration. Since Gary Gensler resigned as SEC Chairman, the Commission has seen a rush of ETF applications.

此外，Binance的报告讨论了特朗普就职典礼后发生的政治变化。自从加里·加斯勒（Gary Gensler）担任SEC主席以来，该委员会已经看到了一系列ETF申请。

Binance Research claimed that there are currently 47 active ETF applications in the US, covering 16 asset categories, including meme coins.

Binance Research声称，美国目前有47种活跃的ETF应用程序，其中包括16个资产类别，包括Meme Coins。

All in all, Binance reported that January was a positive month for the broader crypto industry. The only significant loser was in AI, as DeepSeek severely punished this niche market.

总而言之，Binance报道说，一月是更广泛的加密货币行业的正月。唯一重要的失败者是在AI中，因为DeepSeek严重惩罚了这个利基市场。

Regardless, the DeFAI sector did recover somewhat, ending the month with only a -10% return. Compared to initial losses, it could have been a lot worse.

无论如何，Defai行业确实有所恢复，在本月结束时仅回报-10％。与最初的损失相比，情况可能会更糟。