AI and Privacy Double Explosion! Huobi HTX New Asset Weekly Review (12.22—12.28): ZBT +127%, PAYAI +103%, Strong Recovery Across Multiple Tracks

Entering the end of 2025, the sentiment in the crypto market continues to recover, with trading enthusiasm heating up again alongside the festive season. Macroeconomic benefits and hot narratives intertwine to drive the sector's strength, with AI, privacy, and Meme tracks all experiencing a comprehensive rebound. Fund flows clearly point towards high-growth narratives and segmented thematic value targets. Several popular assets on Huobi HTX have shown outstanding gains over the past week (December 22 - December 28), with ZBT leading the pack with a 127% increase, as capital sentiment continues to concentrate on leading tracks.

AI Narrative Returns to Mainstream: PAYAI and SQD Lead Strongly

The AI narrative remains the absolute main line of 2025, with technological implementation accelerating the revaluation of application-side asset values. One of the main reasons for the strong rebound in the AI sector this week is the official launch of the V2 version of the open-source payment protocol x402, specifically built for AI agents, by the Coinbase developer team. The new version supports multi-chain by default, covering native token payments for ecosystems like Base and Solana, and can directly integrate with traditional channels such as ACH and credit card networks, providing higher scalability for the commercialization of AI services.
Driven by this positive news, x402 ecosystem assets have significantly strengthened. This round of performance further validates the trend judgment for mid-2025—AI business models are transitioning from concept to scalable stages. Huobi HTX has preemptively laid out related core assets, providing users with ample opportunities to capture market movements.

• PAYAI (PayAI Network): Increased by 103% this week, part of the x402 ecosystem AI sector. PayAI is an open-source, decentralized AI agent marketplace built on ElizaOS, libp2p, IPFS, and Solana. Market attention is focused on model capability upgrades and ecosystem expansion plans, becoming an important lever for capital to rush into the AI sector.

• SQD (Subsquid): Increased by 114%, AI computing power infrastructure. SQD Network is a decentralized data lake and query engine designed to provide developers with high-performance, permissionless data access. The expected growth in computing power demand has driven valuation recovery, significantly increasing trading volume, resonating with narratives and capital.

Privacy Protocols Gain New Popularity: ZBT and ZEC Both Rise

On-chain privacy capabilities are seen as the infrastructure proposition for the next cycle. The privacy sector continues to heat up, driven by policy trends and industry structural adjustments, presenting a "new and old resonance" structural market. Huobi HTX's rich asset coverage provides users with multidimensional layout options.

• ZBT (Zerobase): This week, it rose by 127%, becoming a standout project in the privacy narrative. Zerobase is a decentralized crypto infrastructure network that supports products like zkStaking, zkLogin, and ProofYield, connecting institutional-level DeFi, user privacy protection, and real-world asset (RWA) strategies, ensuring the security of privacy data while maintaining system verifiability and trustworthiness.

• ZEC (Zcash): Increased by 22%, a classic representative of privacy assets. Zcash is a decentralized, open-source cryptocurrency based on the Zerocash Protocol paper published at the IEEE conference in 2014, employing zero-knowledge proofs and a multi-account mechanism to ensure transaction anonymity.

Seasonal Meme Market Emerges: DONKEY, MYRO, and HIPPO Rotate Strongly

As the year-end approaches, Meme sentiment is warming up, with light narratives and strong liquidity still being the advantageous characteristics of Meme assets. Several Meme assets on Huobi HTX have achieved good gains. Their volatility advantage has gained higher trading efficiency on the Huobi HTX platform, helping users flexibly grasp structural market movements.

• DONKEY: Increased by 21% this week, a BSC ecosystem Meme with a certain level of community enthusiasm. Its origin comes from Binance founder CZ's post saying he is a donkey. In Chinese culture, donkeys are seen as symbols of hard work, representing those who toil diligently.

• MYRO (Myro): Increased by 29%, a SOL ecosystem Meme. Myro is named after the beloved dog of Solana founder Raj Gokal. This project pays tribute to him and his dog, responding to the widespread demand for dog-themed narratives in the crypto space.

• HIPPO (sudeng): Increased by 33%, a SUI ecosystem Meme. $HIPPO is a meme coin created by fans on SUI to celebrate the world's cutest hippo, Sudeng. Under new community-driven management, the project donates part of its profits to global wildlife causes.

Multi-Track Resonance Rises: DeFi and L1 Ecosystems Warm Up Together

In addition to popular narrative fields, the rotation of multi-track assets indicates an enhanced sign of incremental capital returning, suggesting that the year-end structural market may continue.

• 0G (Zero Gravity): Increased by 38%, part of the DeFi + AI sector. Zero Gravity is a decentralized AI operating system, serving as the foundational layer for decentralized AI applications and blockchain. It efficiently coordinates the utilization of hardware resources such as storage and computing, as well as software assets like data and models, to address the scale and complexity of AI workloads.

• SPK (Spark): Increased by 17%, benefiting from capital return and improved protocol expectations. Spark is an on-chain capital allocator that has deployed $3.86 billion in DeFi, CeFi, and RWA sectors. It dynamically adjusts asset allocation based on market conditions, significantly enhancing capital efficiency while maintaining a prudent risk preference.

• XPL (Plasma): Increased by 25%, part of the L1 ecosystem. Plasma is a blockchain compatible with Layer 1 EVM, built for high-capacity, low-cost global stablecoin payments. The expansion of the underlying network ecosystem brings traffic expectations, with prices continuing to oscillate upward.

Wealth Effect Becomes Apparent: Popular Assets All on Huobi HTX

As the market gradually recovers in 2025, the differentiation of tracks remains significant. Choosing the right trading venue and platforms with forward-looking asset reserves will be key for users to gain an advantage in the new cycle. In this week's gain list, Huobi HTX has already supported trading for most projects in their early layout stages, allowing users more opportunities to participate from the market's starting point.

With its keen asset listing strategy and trading ecosystem advantages, Huobi HTX helps users achieve more efficient opportunity capture in complex market conditions. In the future, Huobi HTX will continue to iterate platform strategies around market trends, user needs, and changes in market cycles, expanding quality assets and trading depth, creating a more certain wealth appreciation path for users. More market and asset opportunities await on Huobi HTX.

About Huobi HTX

Huobi HTX was established in 2013 and has developed 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.

For more information about Huobi HTX, please visit https://www.htx.com/ or HTX Square, and follow X, Telegram, and Discord. For further inquiries, please contact [email protected].