CoinW Research Institute Weekly Report (Issue: Jan 19, 2026 - Jan 25, 2026)
CoinW Research Weekly Report (Jan 19 - Jan 25, 2026)
The global crypto market cap fell 5.27% to $3.05T. Bitcoin's market dominance stood at 57.05%. The crypto fear & greed index was at 19, indicating extreme fear. US Bitcoin spot ETFs saw a net outflow of $1.33B, while Ethereum spot ETFs had a net outflow of $611M.
The total stablecoin market cap decreased 1.02% to $310.8B, with USDT and USDC declining slightly. DeFi TVL dropped 9.98% to $117.2B. Ethereum led with 57.81% of the TVL, followed by Solana and Bitcoin.
On-chain activity showed mixed signals: DEX volumes increased on most chains except BNB and Aptos, with Sui surging 72.86%. Daily active addresses grew across most major L1s, but TVL declined on all tracked chains. Layer 2 TVL fell 6.91% to $36.64B.
Notable projects include HyperLend (lending on Hyperliquid), Lazbubu (AI companion on BNB Chain), and Cork Protocol (DeFi risk infrastructure).
Key industry events: Solana Mobile's SKR token launched, ETHGas conducted its airdrop, and BitGo completed a $212.8M IPO on the NYSE. Upcoming events include TGEs for Rainbow Wallet's RNBW and Infinex's INX tokens.
Major fundraises included Superstate's $82.5M Series B and River's $12M round led by TRON DAO.
marsbit01/26 05:00
