Bitget Research: ORDI's listing on Binance triggers broad rally in BRC20 sector, while NFT market recovery drives high-volume surge in BLUR
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Bitget Research: ORDI's listing on Binance triggers broad rally in BRC20 sector, while NFT market recovery drives high-volume surge in BLUR
Over the past 24 hours, several new trending cryptocurrencies and topics have emerged in the market—perhaps they will be the next market focus.
Navigating Web3 tides with focused insightsIn Summary
1. Popular Tokens:
BLUR (Token): Nansen shows that NFT trading volume has steadily increased over the past five weeks, reaching $129 million last week. In terms of NFT trading volume share, the NFT marketplace Blur has dominated the market over the past 30 days. The BLUR token price has recently performed well, with massive trading volume on Upbit—24-hour trading volume approaching $200 million. It rose +49% in the past week and +110% in the past month.
ORDI (Token): Binance listing Ordinals (ORDI) and adding a seed tag triggered a surge in trading volume across the network, causing ORDI to spike temporarily and leading to broad gains among BRC-20 ecosystem tokens. Previously, UniSat Wallet launched its BRC-20 Swap, initially supporting 14 Bitcoin inscription assets (sats, ordi, trac, oshi, btcs, oxbt, texo, cncl, meme, honk, zbit, vmpx, pepe, mxrc).
sats (Token): A BRC20 token based on satoshis—the smallest unit of Bitcoin—with a total supply of 21 million. Unisat officially proposed sats as the gas fee consumption token for BRC-20 DEX. With the official launch of Unisat’s BRC-20 Swap, SATS token trading volume has increased, driving sustained price growth.
LINK (Token): Recently, smart money has been intensively buying LINK tokens. According to Yujin monitoring, a whale purchased $3.8 million worth of LINK at an average price of $12.17. This whale previously earned $1.83 million in profit from RLB, achieving a 380% return. According to Nansen 2 data, LINK saw approximately $5.87 million in Smart Money inflow within 24 hours on the Ethereum network.
BEG (Token): A project launched by Ben.eth (@eth_ben), a Twitter influencer with over 100k followers. Currently, it has $1.15M in liquidity and $4.77M in 24-hour trading volume across the network, with a 2% transaction tax and renounced contract ownership. In June, Ben Armstrong of BitBoy Crypto ended his collaboration with Ben.eth, and BitBoy Crypto emphasized that Ben.eth no longer holds any BEN tokens, clarifying their separation.
IO (Token): A meme coin with 24-hour trading volume of $6.26M and 4,191 on-chain transactions in 24 hours. It has high social media热度, gaining over 5k views within 24 hours of a single tweet. The contract has no obvious risks, 90% of tokens are in circulation, and LP tokens are locked until January 5, 2024.
GROK (Token): A meme themed around Musk's xAI model Grok. On November 5, Musk announced on Twitter that xAI’s AI model Grok had been released, generating massive buzz. On-chain trading enthusiasm is high, with over $12M in trading volume on its first day (TGE). Despite today’s 20% price drop, 24-hour trading volume remains above $5M.
2. Popular NFTs:
Springfield Punks (NFT): A Halloween special episode of "The Simpsons" mocked NFTs. Rino Russo, creator of The Simpsons, issued and opened free minting for Springfield Punks, a Simpsons-themed NFT series. Its floor price experienced a FOMO-fueled rollercoaster ride, peaking at 0.45 ETH before rapidly falling below 0.1 ETH.
Base on Paragraph (NFT): A free-mint NFT on MintFun, now with 66,326 on-chain holder addresses.
3. Popular DApps:
Arbitrum (Dapp): The Arbitrum community passed a proposal with 66.76% support to allocate 100 million ARB (1% of total ARB supply) to “activate ARB staking.” Rewards will be funded by the treasury and distributed via smart contracts over 12 months.
RhinoFi (Dapp): A cross-chain bridge and multi-chain DEX aggregator supporting numerous blockchains including Arbitrum Nova, Arbitrum One, BNB Smart Chain, Base, Ethereum, Linea, Manta Pacific, Optimism, Polygon, Polygon zkEVM, Scroll, opBNB, and zkSync Era. Recently running activities for the Scroll ecosystem, attracting solid traffic.
Pancakeswap (Dapp): PancakeSwap is launching Butter Finance, a decentralized meta-governance and yield-enhancement platform based on the veCAKE model. Through veCAKE, governance participants gain voting rights on proposals, fee claims, control over CAKE emissions, and up to 3x rewards when providing liquidity on PancakeSwap.
4. Twitter Trends:
LINK (Token): Recently, smart money has been intensively buying LINK tokens. According to Yujin monitoring, a whale purchased $3.8 million worth of LINK at an average price of $12.17. This whale previously earned $1.83 million in profit from RLB, achieving a 380% return. According to Nansen 2 data, LINK saw approximately $5.87 million in Smart Money inflow within 24 hours on the Ethereum network.
5. Regional Search Trends:
XRP (Token): Following Ripple’s legal victory against the SEC, business progress has accelerated. The Central Bank of Georgia has partnered with blockchain payment company Ripple to pilot the country’s central bank digital currency (CBDC). Additionally, according to an official announcement, Dubai Financial Services Authority (DFSA) has recognized Toncoin (TON) and Ripple (XRP) under Rule GEN 3A.3.4 of its rulebook, further enhancing their compliance status.
BLUR (Token): Nansen shows that NFT trading volume has steadily increased over the past five weeks, reaching $129 million last week. In terms of NFT trading volume share, the NFT marketplace Blur has dominated the market over the past 30 days. The BLUR token price has recently performed well, with massive trading volume on Upbit—24-hour trading volume approaching $200 million. It rose +49% in the past week and +110% in the past month.
Main Text
Author: Bitget Research Institute
Data collection time: 10:30 AM, November 3
Data sources: Dune, Dapps, Twitter, Google
Note:
1) New active users: wallet addresses newly created within the last 24 hours on the chain that have conducted on-chain interactions
2) Existing active users: wallet addresses created more than 24 hours ago but which have conducted on-chain interactions within the past 24 hours
3) Dapp Daily Active Users (UAW: unique active wallets)
4) TGE (Token Generation Event)
1. BTC Profile - BRC20
ORDI (Token): Binance listing Ordinals (ORDI) and adding a seed tag triggered a surge in trading volume across the network, causing ORDI to spike temporarily and leading to broad gains among BRC-20 ecosystem tokens. Previously, UniSat Wallet launched its BRC-20 Swap, initially supporting 14 Bitcoin inscription assets (sats, ordi, trac, oshi, btcs, oxbt, texo, cncl, meme, honk, zbit, vmpx, pepe, mxrc).
sats (Token): A BRC20 token based on satoshis—the smallest unit of Bitcoin—with a total supply of 21 million. Unisat officially proposed sats as the gas fee consumption token for BRC-20 DEX. With the official launch of Unisat’s BRC-20 Swap, SATS token trading volume has increased, driving sustained price growth.
2. Blockchain Profile - Ethereum
2.1 User Profile
2.1.1 Key Data
Total active ETH users: 380,382
New active ETH users: 69,718 (Change vs. yesterday: +9.71%)
Existing active ETH users: 310,664 (Change vs. yesterday: +5.60%)
2.1.2 New User Profile
Key data: 69,718 new active ETH users yesterday, up +9.71% compared to the previous day.
Popular sectors
Popular projects
BEG (Token): A project launched by Ben.eth (@eth_ben), a Twitter influencer with over 100k followers. Currently, it has $1.15M in liquidity and $4.77M in 24-hour trading volume across the network, with a 2% transaction tax and renounced contract ownership. In June, Ben Armstrong of BitBoy Crypto ended his collaboration with Ben.eth, and BitBoy Crypto emphasized that Ben.eth no longer holds any BEN tokens, clarifying their separation.
(https://www.dextools.io/app/en/ether/pair-explorer/0x7c9a17f2a77e75eb03981972733f9a6d2dd12fec)
2.1.3 Existing User Profile
Key data: 310,664 existing active ETH users, up +5.60% compared to yesterday.
Popular sectors
Popular projects
BLUR (Token): Nansen shows that NFT trading volume has steadily increased over the past five weeks, reaching $129 million last week. In terms of NFT trading volume share, the NFT marketplace Blur has dominated the market over the past 30 days. The BLUR token price has recently performed well, with massive trading volume on Upbit—24-hour trading volume approaching $200 million. It rose +49% in the past week and +110% in the past month.
2.2 Popular Trading Pairs
2.2.1 Uniswap V2
IO (Token): A meme coin with 24-hour trading volume of $6.26M and 4,191 on-chain transactions in 24 hours. It has high social media热度, gaining over 5k views within 24 hours of a single tweet. The contract has no obvious risks, 90% of tokens are in circulation, and LP tokens are locked until January 5, 2024.
(https://www.dextools.io/app/en/ether/pair-explorer/0x0da5b1c827c85889deac80e652e17592b865295c)
GROK (Token): A meme themed around Musk's xAI model Grok. On November 5, Musk announced on Twitter that xAI’s AI model Grok had been released, generating massive buzz. On-chain trading enthusiasm is high, with over $12M in trading volume on its first day (TGE). Despite today’s 20% price drop, 24-hour trading volume remains above $5M.
(https://www.dextools.io/app/en/ether/pair-explorer/0x69c66beafb06674db41b22cfc50c34a93b8d82a2)
2.2.2 Uniswap V3
RLB (Token): A gambling project token. Recently, smart money has continued trading this token, which hit another new high yesterday. The token price trend is stable, with $200,000 in daily revenue used for buyback and burn.
2.3 Popular NFTs
2.3.1 Top NFT Collection
Springfield Punks (NFT): A Halloween special episode of "The Simpsons" mocked NFTs. Rino Russo, creator of The Simpsons, issued and opened free minting for Springfield Punks, a Simpsons-themed NFT series. Its floor price experienced a FOMO-fueled rollercoaster ride, peaking at 0.45 ETH before rapidly falling below 0.1 ETH.
(https://opensea.io/collection/springfieldpunksofficial?tab=items)
3. Blockchain Profile - BSC
3.1 User Profile
3.1.1 Key Data
Total active BSC users: 1,035,689
New active BSC users: 118,916 (Change vs. yesterday: +2.42%)
Existing active BSC users: 916,773 (Change vs. yesterday: +7.57%)
3.1.2 New User Profile
Key data: 118,916 new active BSC users yesterday, up +2.42% compared to the previous day.
Popular sectors
Popular projects
Seg Finance (Dapp): A Play2Earn project on BSC where users can stake shoe NFTs or provide liquidity to earn passive BNB income. The project is open-source with transparent contracts on BSC. Its Twitter account has over 1,500 followers—worth watching.
3.1.3 Existing User Profile
Key data: 916,773 existing active BSC users, up +7.57% compared to yesterday.
Popular sectors
Popular projects
SecondLive (Dapp): SecondLive is a metaverse project built on BSC, specifically designed to create virtual social networks and support creator economies. It offers a diverse 3D virtual space where users can become ideal avatars and engage in real-life-like activities such as virtual exhibitions, singing, dancing, and shopping. Users can also monetize content they create using SecondLive Avatars.
3.2 Popular Trading Pairs
3.2.1 PancakeSwap V2
GROK on BSC (Token): A BSC-based meme coin themed around Musk’s xAI model Grok. On-chain trading activity is high, with 24,113 transactions in the past 24 hours and $3.49M in trading volume. It has a 5% transaction tax and renounced contract ownership.
(https://www.dextools.io/app/en/bnb/pair-explorer/0x0436f4d1e21e294cb1c48365322890bfcfbb8e0e)
4. Blockchain Profile - Polygon
4.1 User Profile
4.1.1 Key Data
Total active Polygon users: 421,324
New active Polygon users: 99,084 (Change vs. yesterday: +68.37%)
Existing active Polygon users: 322,240 (Change vs. yesterday: +5.57%)
4.1.2 New User Profile
Key data: 99,084 new active Polygon users yesterday, up +68.37% compared to the previous day.
Popular sectors
Popular projects
DAI (Token): On November 1, MakerDAO transferred $250 million from Coinbase into DAI’s Peg Stability Module (PSM) to maintain DAI’s peg to the US dollar. Previously, DAI’s USDC reserves nearly dropped below $60 million, while a minimum of over $200 million is required for safety. The PSM is a collateral pool allowing users to exchange USDC and DAI at a 1:1 ratio.
4.1.3 Existing User Profile
Key data: 322,240 existing active Polygon users, up +5.57% compared to yesterday.
Popular sectors
Popular projects
KCASH (Token): Yesterday, large-scale distribution transfers occurred on Polygon. There are currently 178,000 holder addresses, but on-chain liquidity has not yet been deployed, making it impossible to confirm which project the token belongs to.
4.2 Popular Trading Pairs
4.2.1 Uniswap V3
agEUR (Token): Backed by Angle Protocol—a capital-efficient, decentralized, over-collateralized stablecoin protocol. Recently, a product called Angle Transmuter went to vote on Snapshot. If approved, agEUR’s price will decouple from EURUSD, mitigating market risks associated with USDT/USDC de-pegging.
5. Blockchain Profile - Arbitrum
5.1 User Profile
5.1.1 Key Data
Total active Arbitrum users: 127,544
New active Arbitrum users: 21,668 (Change vs. yesterday: -4.55%)
Existing active Arbitrum users: 105,876 (Change vs. yesterday: -17.27%)
5.1.2 New User Profile
Key data: 21,668 new active Arbitrum users yesterday, down -4.55% compared to the previous day.
Popular sectors
Popular projects
Graph Protocol (Dapp): At the end of August, The Graph community decided to expand via Arbitrum to enhance accessibility of The Graph within the web3 ecosystem and reduce gas costs. By launching new L2 transport tools, The Graph’s core development team has entered the third phase of Arbitrum expansion. Recently, the project participated in offline blockchain events in India. As an infrastructure-focused project, it continues building through the bear market. Its token GRT is already listed on Bitget.
5.1.3 Existing User Profile
Key data: 105,876 existing active Arbitrum users, down -17.27% compared to yesterday.
Popular sectors
Popular projects
RhinoFi (Dapp): A cross-chain bridge and multi-chain DEX aggregator supporting numerous blockchains including Arbitrum Nova, Arbitrum One, BNB Smart Chain, Base, Ethereum, Linea, Manta Pacific, Optimism, Polygon, Polygon zkEVM, Scroll, opBNB, and zkSync Era. Recently running activities for the Scroll ecosystem, attracting solid traffic.
5.2 Popular Trading Pairs
5.2.1 Uniswap V3
No notable new projects have emerged recently on Arbitrum;
6. Blockchain Profile - Base
6.1 User Profile
6.1.1 Key Data
Total active Base users: 60,741
New active Base users: 9,587 (Change vs. yesterday: -49.73%)
Existing active Base users: 51,154 (Change vs. yesterday: -11.06%)
6.1.2 New User Profile
Key data: 9,587 new active Base users yesterday, down -49.73% compared to the previous day.
Popular sectors
Popular projects
RAI Finance (Dapp): A relatively active DeFi project on Base, currently with $961K in TVL, $1.1M in processed trading volume, and 50K users. The platform offers token swaps, NFT trading, and social trading, allowing users to create portfolios or easily copy-trade others’ portfolios.
6.1.3 Existing User Profile
Key data: 51,154 existing active Base users, down -11.06% compared to yesterday.
Popular sectors
Popular projects
Base on Paragraph (NFT): A free-mint NFT on MintFun, now with 66,326 on-chain holder addresses. (https://mint.fun/base/0x69b69CC6E9f99C62a003FD9e143C126504D49dC2)
7. DApp Ecosystem - All Chains
Sweat Economy (Dapp): A traditional Web2 project transitioning into Web3—a move-to-earn wallet app. It has over 5 million downloads on Google Play. Through its Sweat Wallet app, users earn SWEAT tokens by exercising daily.
8. DApp Ecosystem - Ethereum
OpenSea, Blur (Dapp): Nansen shows that NFT trading volume has steadily increased over the past five weeks, reaching $129 million last week. In terms of NFT trading volume share, the NFT marketplace Blur has dominated the market over the past 30 days. Rising floor prices of blue-chip NFTs, BAYC offline event traffic, and yesterday’s Simpsons NFT wealth effect have added signs of recovery to the otherwise cold bear-market NFT scene. The BLUR token price has recently performed well, doubling in the past month.
9. DApp Ecosystem - BSC
Second Live was explained above;
10. DApp Ecosystem - Polygon
Jump Trade (Dapp): Jump.trade is one of the larger game NFT marketplaces on Polygon. Recently, many users have been actively trading NFTs on the platform, generating strong traffic.
11. DApp Ecosystem - WAX
No significant changes in WAX ecosystem projects; clear headliner dominance.
12. DApp Ecosystem - Solana
Solana on-chain project UAW fluctuations remain within normal range;
13. DApp Ecosystem - Arbitrum
Arbitrum (Dapp): The Arbitrum community passed a proposal with 66.76% support to allocate 100 million ARB (1% of total ARB supply) to “activate ARB staking.” Rewards will be funded by the treasury and distributed via smart contracts over 12 months.
14. DApp Ecosystem - Base
Dmail (Dapp): Dmail is a next-generation Web3 collaboration platform integrating messaging, assets, storage, and workspace functionalities. The project aims to revolutionize traditional email services using blockchain technology. Dmail has successfully completed a Pre-A round of financing, attracting major investors. Funds will support technical development and global expansion, helping build a decentralized email platform. Dmail aims to bridge the gap between traditional internet users and the blockchain world. It is an emerging decentralized email and collaboration platform developed on Dfinity.
15. DApp Ecosystem - Cross-Chain GameFi Sector
BLCR (Dapp): A card battle game consisting mainly of 53 cards, combining blockchain, artificial intelligence, and card battling mechanics, featuring periodic combat rankings and rewards.
16. Gas Fee Consumption - Ethereum
Maestro (Dapp): As a renowned on-chain bot, Maestro is highly popular among crypto community users. Yesterday, despite the unibot project being attacked—causing user fund losses due to certain routing issues—this did not reduce overall bot usage in the crypto community. Maestro remains among the top three most interacted-with platforms.
17. Gas Fee Consumption - BSC
Pancakeswap (Dapp): PancakeSwap is launching Butter Finance, a decentralized meta-governance and yield-enhancement platform based on the veCAKE model. Through veCAKE, governance participants gain voting rights on proposals, fee claims, control over CAKE emissions, and up to 3x rewards when providing liquidity on PancakeSwap.
18. Gas Fee Consumption - Polygon
Planet IX (Dapp): A Web3 NFT-based GameFi game. Planet IX is currently one of the hottest games on Polygon, consistently ranking at the top of Polygon ecosystem leaderboards, with very high user engagement.
19. Gas Fee Consumption - Arbitrum
Vertex: Endpoint (Dapp): Vertex, an Arbitrum-based derivatives protocol, recently announced upcoming ARB trading incentives, native token emission plans, and LBA token sales. According to Defillama data, Vertex Protocol’s TVL recently rose to $15.72M, with approximately $434M in trading volume over the past 24 hours.
20. Gas Fee Consumption - Base
LayerZero (Dapp): A cross-chain protocol enabling DApps deployed on different chains to communicate without requiring intermediate chains or consensus mechanisms. LayerZero has recently added support for "extract ZRO" across its existing 18 supported chains.
21. Twitter Trends Token Top Rank
LINK (Token): Recently, smart money has been intensively buying LINK tokens. According to Yujin monitoring, a whale purchased $3.8 million worth of LINK at an average price of $12.17. This whale previously earned $1.83 million in profit from RLB, achieving a 380% return. According to Nansen 2 data, LINK saw approximately $5.87 million in Smart Money inflow within 24 hours on the Ethereum network.
22. Google Search Trend Word Cloud - Global
XRP (Token): Following Ripple’s legal victory against the SEC, business progress has accelerated. The Central Bank of Georgia has partnered with blockchain payment company Ripple to pilot the country’s central bank digital currency (CBDC). Additionally, according to an official announcement, Dubai Financial Services Authority (DFSA) has recognized Toncoin (TON) and Ripple (XRP) under Rule GEN 3A.3.4 of its rulebook, further enhancing their compliance status.
23. Google Search Trend Surges - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, Taiwan
[South Asia]
India: trending searches – kaspa, coti, hrcc;
Pakistan: trending searches – dogecoin, tradingview;
[Southeast Asia]
Malaysia: trending searches – luno, xrp, ada;
Vietnam: trending searches – crypto currency;
Philippines: trending searches – xrp, pi, coinmarketcap;
Indonesia: trending searches – luna, sushi, dct, ajaib;
[East Asia & Hong Kong/Macau/Taiwan]
Trending searches: Crypto News;
24. Google Search Trend Surges - English-speaking, Europe, CIS Region
[CIS Region] Trending search: Crypto Bubbles;
[English-speaking Regions]
Australia: trending searches – kadena, mdr, rlb, cro;
UK: trending searches – pyr, ilv, btc, trias, trb;
USA: trending searches – pyr, limewire, unibot, rlb, hilo, seedify;
[Europe]
France: trending searches – pyr, blur, solana, tao, qnt, unibot, qi, cake;
Poland: trending searches – shib, kraken, xrp;
Switzerland: trending searches – grt, xrp, cro, eth;
Spain: trending searches – pepe, oasis, gq, trb, xlm;
25. Google Search Trend Surges - Middle East, Latin America, Africa
[Africa]
South Africa: trending searches – ada, valr, easy;
[Middle East] Trending searches: crypto bubbles, crypto news, okx;
[Latin America]
Brazil: trending searches – gala, bomb, xrp, memecoin;
Argentina: trending searches – dolar, tienda;
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