Huobi HTX New Asset Weekly Review (9.1-9.7): A Review of "Potential Stocks" in a Volatile Market

In the past week (September 1 - September 7), the overall cryptocurrency market continued its volatile pattern, with mainstream assets like BTC and ETH maintaining a consolidation trend. Market sentiment remained cautious, but some niche sectors showed strength against the trend, attracting short-term capital inflows. According to Huobi HTX data, multiple tokens in the DEFI, AI, and L1-related sectors recorded significant gains, becoming the main highlights of the past seven days.

L1 Sector: The Rise of Emerging Public Chains

The performance of L1 public chains has been robust, becoming one of the core focuses of the market. Their rise not only reflects the ongoing demand for underlying infrastructure but also indicates that the potential for new applications and user growth is being revalued.

● M (MEME, L1): Weekly increase of 178%, the most impressive performance. MemeCore (M) is the first Layer 1 public chain specifically designed for "Meme 2.0". It breaks the long-standing pattern of meme projects relying on mainstream public chains, promoting memes from mere speculative symbols to structured assets with its "native chain + cultural consensus" architecture.

● SOON: Increased by 41% this week, indicating a clear rise in interest from capital in the narrative of emerging public chains. SOON is a Rollup stack based on the Solana Virtual Machine (SVM), focusing on high-performance blockchain solutions. Compared to traditional public chains, SOON aims to provide more efficient and lower-cost infrastructure to support the large-scale implementation of Web3 applications.

DeFi Recovery: Capital Flowing Back, Narrative Continuing

The collective rise of the DeFi market is not coincidental. Behind it, on one hand, is the accelerated entry of institutional capital—whether it’s RWA, compliant lending, or 401(k) allocations to crypto assets, all injecting long-term momentum into the market; on the other hand, as bullish market expectations rise, retail demand for on-chain yields has rebounded, coupled with continuous technological iterations creating new application scenarios, driving capital to gather once again.

It is worth mentioning that many established projects have returned in this wave of rebound, reflecting the restoration of market confidence and signaling the upcoming competition in a new round of DeFi.

● RED: Increased by 63% this week. Part of the increase comes from its listing on Upbit exchange, while from the project itself, RedStone (RED) has become one of the fastest-growing DeFi oracles. Its unique modular architecture allows it to deploy price feeds for thousands of crypto assets and has adapted to over 100 public chains, showcasing strong scalability and flexibility.

● EIGEN: Increased by 18% this week. Driven by the staking activities of ETH reserve companies, EigenLayer (EIGEN) TVL surpassed $22 billion in August, setting a new historical high.

AI Sector: Steady Progress on Hotspots

The combination of AI and blockchain is driven by both technological innovation and market attention, with capital favoring projects that have practical application scenarios and ecological construction potential.

● WLD: Increased by 28% this week, with Worldcoin (WLD) continuing its strong upward momentum under the dual support of AI and identity verification sectors. Data shows that WLD has become one of the Top 3 assets in the on-chain public address holdings of the crypto asset financial service platform Amber Group.

● BUZZ: Increased by 20% this week. The main driver of Hive AI (Buzz)'s rise is its role as a DeFi Agent, attracting significant attention from investors and users. Especially in the current context of rapidly increasing demand for the convenience of DeFi, BUZZ's value is being quickly recognized by the market.

BTC L2 Emerges Strongly

Overall, the BTC L2 ecosystem is gradually realizing its application value. The rise of this sector not only reflects short-term market sentiment but also highlights the investment logic of long-term infrastructure and ecological potential.

● MERL: Increased by 25% this week. As the native token of Merlin Chain, MERL enhances Bitcoin's transaction speed and scalability using a layer two network, increasing BTC's practicality in payment, staking, and smart contract applications. On the news front, the U.S. listed company CIMG Inc. has accepted Bitcoin as payment for stocks and plans to collaborate with Merlin Chain, further attracting market capital.

Market Outlook: New Potential Emerging Amidst Volatility

Looking back at the Bitcoin market over the past decade, September typically shows relatively weak performance, with returns mostly negative, reflecting investors' cautious attitude towards volatility and risk in this month. However, the favorable factors currently facing the market are gradually accumulating: the entry of crypto assets into 401(k) pension plans provides support for long-term capital inflows, and expectations of interest rate cuts by the Federal Reserve may also improve overall risk appetite. These two forces are expected to positively drive the market to some extent, potentially providing conditions for a new round of structural opportunities and upward trends for crypto assets amidst ongoing volatility.

Huobi HTX is committed to providing users with a secure, transparent trading platform and a diverse range of asset choices. Currently, Huobi HTX has launched the second phase of a random airdrop event. From September 10 at 18:00 to September 20 at 18:00, trading specified activity tokens (APEPE, BONK, FARTCOIN, FLZ, M, PEPE, WLD, XMR) will randomly earn airdrop rewards, with a maximum of 1,888 USDT equivalent HTX token airdrops available daily. Additionally, the top 3 users by cumulative trading volume will receive tickets to Blockchain Life 2025.

Huobi HTX hopes to continue assisting crypto users in accurately capturing the next wealth appreciation cycle in a market environment filled with both opportunities and challenges.

About Huobi HTX

Founded in 2013, Huobi HTX has evolved over 12 years from a cryptocurrency exchange into a comprehensive blockchain business ecosystem, covering digital asset trading, financial derivatives, research, investment, incubation, and other businesses.

As a leading global Web3 portal, Huobi HTX adheres to a development strategy of global expansion, ecological prosperity, wealth effect, and security compliance, providing comprehensive, safe, and reliable value and services for virtual currency enthusiasts worldwide.

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