24H Hot Cryptocurrencies and Key News｜Fed Keeps Interest Rates Unchanged; Spot Gold Approaches $5600 (January 29)
- Core View: The market exhibits a structural trend, with limited price volatility in mainstream assets, while some altcoins and U.S. stock crypto-related stocks show active performance; simultaneously, the industry has made significant progress in regulatory coordination, traditional institutional entry, and product innovation.
- Key Elements:
- Market Data: The 24-hour price changes of mainstream cryptocurrencies are generally within ±2%, while altcoins like ULTI and JTO have surged over 20%; the S&P 500 index broke through 7000 points, driving most crypto-related stocks higher.
- Regulatory Developments: The chairs of the U.S. SEC and CFTC will jointly discuss crypto regulatory coordination; the SEC issued new guidance clarifying that tokenized securities must still comply with securities laws.
- Institutional Moves: Fidelity announced it will launch the regulatory-compliant stablecoin FIDD on Ethereum, indicating traditional financial giants are accelerating their deployment.
- Project Progress: Uniswap will launch its token auction feature on February 2; Coinbase's prediction market is now fully open across all 50 U.S. states.
- Industry Trends: The number of Solana network validators has significantly decreased while user transaction volume remains stable; Robinhood plans to launch 24/7 stock token trading and DeFi services.
1. Hot Tokens on CEXs
Top 10 CEX Trading Volume and 24-hour Price Changes:
- BTC: -0.37%
- ETH: -0.50%
- SOL: -1.65%
- XRP: -0.22%
- BNB: +0.47%
- FOGO: +4.02%
- DOGE: -0.92%
- PAXG: +6.26%
- SUI: -2.84%
- TRX: +0.44%
24-hour Top Gainers (Data Source: OKX):
- ULTI: +29.46%
- JTO: +22.31%
- WLD: +20.36%
- KITE: +17.20%
- SAHARA: +12.20%
- CVX: +9.18%
- SSV: +8.09%
- HYPE: +5.44%
- METIS: +6.34%
- PAXG: +6.15%
24-hour Top Gainers in Tokenized Stocks (Data Source: msx.com):
- STX: 20.95%
- DXYZ: 16.4%
- ORBS: 15.38%
- WDC: 15.17%
- UGL: 12.87%
- SNDK: 12.79%
- LUNR: 10.89%
- INTC: 10.52%
- EOSE: 10.46%
- TXN: 9.84%
2. Trending On-chain Memes (Data Source: GMGN):
- POKEMON
- EGG
- olive oil
- toothpaste
- USER
Headlines
In its first rate decision of 2026, the Federal Reserve kept the benchmark interest rate unchanged at 3.50%-3.75%, pausing the pace of three consecutive rate cuts since last September, in line with market expectations.
Spot gold rose over $170 in early trading, touching $5,595 per ounce, up 3% on the day.
US Treasury Secretary on Government Shutdown Risk: Situation Remains Unclear
Regarding the risk of another potential US government shutdown, US Treasury Secretary Bessent stated that the situation remains unclear, but emphasized that President Trump has urged the Democratic side to avoid this scenario. Bessent expects the US economy to remain very strong this year. Discussing international trade relations, Bessent noted that USMCA negotiations are about to resume, and indicated that the US will avoid proactively provoking disputes during the negotiation process. Regarding trade talks with Canada, he ultimately expressed optimism, believing both sides will achieve good results, and encouraged the Canadian Prime Minister to make decisions based on national interests.
Industry News
SEC and CFTC Chairs to Jointly Discuss Regulatory Coordination in the Crypto Era on January 29
SEC Chairman Paul Atkins announced that he will visit the CFTC at 14:00 on January 29 to discuss regulatory coordination in the crypto era with CFTC Chairman Michael Selig. Paul Atkins expressed anticipation for collaboration between the two agencies in this effort. According to previous information, the event's theme is "Coordination in the Crypto Era and US Financial Leadership," aiming to discuss eliminating jurisdictional barriers between agencies and establishing a more unified digital asset regulatory framework to support the US goal of becoming a global crypto hub.
Solana's Daily Active Validator Count Falls Below 800, Down Over 65% from 2023 Peak
The number of daily active validators on Solana has fallen below 800, dropping to 2021 levels. This figure is down more than 65% from the peak of approximately 2,500 validators in early 2023. Validator voting transaction volume has decreased from about 300,000 per day to 170,000, a 40% drop. The primary reason for validator attrition is changes in economic incentives, including the gradual reduction of voting cost support and staking matching policies provided by the Solana Foundation Delegation Program over time. Despite the contraction in validator count, non-voting transaction volume initiated by users, such as DApp interactions and token transfers, remains stable at around 100 million per day.
Fidelity to Launch GENIUS-Compliant Stablecoin FIDD on Ethereum
According to Bloomberg, Fidelity will launch the GENIUS-compliant stablecoin FIDD on Ethereum. The Fidelity Digital Dollar (FIDD) will be issued by the Fidelity Digital Assets, National Association, a national trust bank that received conditional operating approval from the Office of the Comptroller of the Currency last December.
S&P 500 Breaks 7,000 Mark Yesterday; US Crypto-Related Stocks Mostly Rise
According to msx.com data, the three major US stock indices opened higher, with the S&P 500 index breaking the 7,000 mark for the first time. US crypto-related stocks mostly rose: Solana up 0.49%, SharpLink up 1.3%, Bitmine up 3.05%, Circle up 4.77%, Coinbase down 0.13%, and Strategy (MSTR) up 0.66%.
Project News
MegaETH: Public Mainnet to Launch on February 9
MegaETH officially announced that its public mainnet will officially launch on February 9, 2026.
Coinbase Prediction Markets Fully Launch Across All 50 US States via Kalshi
Coinbase announced that its Prediction Markets have officially opened to users across all 50 US states through a partnership with Kalshi, marking the product's transition from a limited testing phase to nationwide full-scale deployment.
The service allows users to trade on the outcomes of real-world events such as politics, sports, entertainment, culture, and macroeconomic indicators. Coinbase stated that all prediction market contracts are currently provided by Kalshi, a CFTC-regulated compliant prediction market platform, and contracts from more platforms may be integrated in the coming months.
Prediction market contract prices reflect the market's collective probabilistic judgment on event outcomes. Users can manage related trades within the same Coinbase interface alongside crypto assets, stocks, and cash positions, with a minimum trade amount of $1 (USD or USDC).
Uniswap: Token Auction Feature to Launch on Web App on February 2
Uniswap will launch an "Auctions" tab on the "Explore" page of its Web App on February 2. This feature supports the Continuous Clearing Auctions (CCA) protocol, allowing users to directly discover, bid on, and claim tokens within the interface. CCA, a permissionless protocol for Uniswap v4, aims to help projects conduct on-chain price discovery and bootstrap liquidity before tokens are widely traded. Previously, in November 2025, Aztec completed a $60 million funding round via CCA. Currently, CCA contracts are live on Ethereum, Unichain, Arbitrum, and Base.
Financing
AetheriumX, a Web3 project based on the Distributed Capital Intelligent Protocol (DCIP), announced the completion of an $8 million strategic funding round. This round was jointly completed by CGV, GAINS Associates, DuckDAO, and Genesis Capital, marking AetheriumX's official entry into a strategic development phase centered on ecosystem-driven growth.
Bleap, Stablecoin Payment Project Led by Former Revolut Head, Completes $6 Million Seed Round
Bleap announced the completion of a $6 million seed funding round led by Blossom Capital. The project's main business is developing an on-chain financial application built around self-custody and stablecoin payments. Founded by former Revolut heads Joao Alves and Guilherme Gomes, the project aims to use blockchain as a settlement layer to provide payment, cross-border transfer, and savings yield functions. Bleap is currently live in Europe and Mexico and plans to use the new funds to expand to more regions in Latin America and launch cross-chain trading features. Additionally, Bleap plans to adjust the issuance timeline for its native token to early 2027.
Regulatory Policy
The U.S. Securities and Exchange Commission (SEC) issued new guidance on tokenized securities, clearly stating that whether a security is regulated depends on its legal attributes, not whether it is tokenized, and that tokenization itself does not change the scope of securities law application.
The statement further distinguishes between issuer-sponsored tokenized securities and third-party tokenized securities, covering different structures such as custody models and synthetic models, aiming to provide clearer regulatory guidance for market participants to conduct related business within a compliant framework.
Voices
Robinhood CEO: 24/7 Stock Token Trading and DeFi Services to Open in Coming Months
Robinhood CEO Vlad Tenev stated that in traditional stock markets, achieving real-time settlement has been difficult due to the need to manage numerous legacy stakeholders. Tokenization has emerged as a solution. In Europe, Robinhood has launched over 2,000 tokens representing US-listed stocks. These tokens allow European traders to invest in US stocks and receive dividend yields. In the coming months, Robinhood plans to open 24/7 stock token trading and DeFi services, where investors will be able to self-custody their stock tokens and engage in activities like lending and staking.
