Bitcoin ecosystem leads the way! Huobi HTX new asset weekly review (11.10–11.17): BANK surged 97%, L1 and L2 tracks warmed up simultaneously

In last week's cryptocurrency market, macro sentiment and sector enthusiasm showed a clear divergence pattern. BTC continued its oscillation rhythm, with bulls and bears locked in a stalemate around key intervals, while funds leaned more towards structural opportunities, particularly concentrated in the Bitcoin ecosystem, Solana DEX, and the L1/L2 scaling track. Based on Huobi HTX market data, from November 10 to November 17, multiple high-quality assets performed remarkably, with BANK rising 97% in a single week.

Bitcoin Ecosystem: BANK Leads Strongly with a Weekly Increase of 97%

The Bitcoin ecosystem is undoubtedly the strongest mainline this week. The Bitcoin ecosystem has been continuously heating up in the fourth quarter, driven by the strengthening of the BTC Layer 2 narrative and the active support of mainstream CEX for ecosystem assets. BANK's impressive performance also reflects the market's high expectations for the "next stage of explosive growth in the Bitcoin track."

• BANK (Lorenzo Protocol): A modular Bitcoin L2 infrastructure based on Babylon. By utilizing Babylon's Bitcoin staking and timestamp protocol, Lorenzo is laying the foundation for a scalable and high-performance Bitcoin application layer. It was the first to launch on Huobi HTX in May this year, and this week, under the dual catalysts of community enthusiasm and ecosystem narrative upgrades, it surged by 97%, becoming the weekly champion in growth.

L1/L2 Track: Funds Return to Mainstream, SOON and STRK Steadily Rise

The L1 public chain and Layer 2 track returned to the funding spotlight this week, with overall trading enthusiasm warming up, and investor sentiment shifting more towards "high-growth new narratives + high-elasticity assets." Compared to the volatile Meme or single-explosion tokens, the L1/L2 track trends more towards a "sustained growth path."

• SOON: Weekly increase of 80%. SOON is a Rollup stack designed to provide top-tier performance for all Layer 1 blockchains. Its vision is to achieve a Super Application Stack (SAS). The SOON team is promoting ecological landing and multi-chain performance upgrades, driving short-term sentiment recovery, making it the most watched L1 breakout token this week.

• STRK (Starknet): Weekly increase of 50%, the most representative growth asset in the entire L2 sector. StarkNet is a permissionless decentralized validity aggregator (also known as "ZK aggregator"). Operating as an L2 network on Ethereum, it allows any dApp to achieve unlimited scaling of its computations without compromising Ethereum's composability and security.

DEX Track: SOL Ecosystem Enthusiasm Continues, Perpetual Contract DEX Back on the List

Currently, the utilization rate of DeFi funds has rebounded, and the derivatives track has become the "home ground for high-frequency traders" on-chain, leading to a reassessment of the value of related PERPDEX projects. Similarly, the Solana ecosystem remains one of the most watched narratives in the fourth quarter, with Solana's on-chain TVL, DEX trading volume, and active user numbers all maintaining high levels, ensuring ample liquidity in the ecosystem.

• MET (Meteora): Representative asset of Solana DEX, with a weekly increase of 41%. Meteora is a dynamic liquidity pool protocol based on Solana. It supports automated market makers and token trading through a centralized liquidity management mechanism (DLMM). This week's upward trend can be seen as a continuation of native ecological value discovery.

• ASTER (Aster): Representative of the decentralized perpetual contract track, with a weekly increase of 20%. The PerpDEX track is overall driven by market trading volume and volatility. As the derivatives market becomes more active, ASTER gradually accumulates users with its low fees and high leverage product mechanism.

Privacy Track: ZEC and DASH Steadily Improve

Privacy assets typically possess "hedging properties" during periods of market uncertainty, and with a partial easing of the regulatory environment, this track is regaining attention. The rising performance of ZEC and DASH on Huobi HTX also reflects the funding preference for "steady progress."

• ZEC (Zcash): Weekly increase of 12%. As one of the pioneers in the privacy coin field, ZEC continuously provides underlying solutions for on-chain privacy protection based on zero-knowledge proof (zk-SNARKs) technology.

• DASH (Dash): Weekly increase of 10%. DASH excels in the "mixed privacy + fast payment" model, having unique advantages in reshaping payment networks and on-chain settlement.

Limited-Time Benefits: Huobi HTX Random Airdrop #4 Officially Launched

Alongside the rotation of quality assets this week, Huobi HTX also launched the fourth phase of the "Random Airdrop" benefit activity, providing additional incentives for spot trading users. From now until November 25 at 18:00 (UTC+8), users trading any designated tokens participating in the activity (daily trading volume ≥ 100 USDT) will have the opportunity to receive a blind box airdrop once a day, with a chance to randomly unlock rewards worth up to $1,888 in $HTX tokens.

The designated participating tokens for this phase (spot USDT trading pairs) are: XRP, ZEC, TRUMP, WLFI, MET, BANK, ZK, MELANIA, DASH. Among them, BANK, MET, ZEC, and DASH are the popular assets that performed outstandingly this week and will also be included in this random airdrop, allowing users to have the chance to earn additional HTX token rewards while participating in trading, achieving "trading + airdrop" dual benefits.

Participation is simple; by clicking the activity page “Sign Up Now”, the eligible trades during the activity period will be automatically calculated.

Multi-Track Resonance, Quality New Assets Continuously Release Structural Trends

This week's data on new assets on Huobi HTX indicates that the cryptocurrency market is entering a phase of "multi-track resonance and rapid value rotation." Multiple forces, including the breakout of privacy coin ecosystems, the rebound of PERPDEX, and local hotspots attracting market attention, are jointly driving the rotation of hotspots.

This week's weekly increase further confirms: in a structural market, the importance of track selection far exceeds the fleeting passion of a single hotspot. In the coming weeks, as the macro environment and on-chain fundamentals continue to improve, structural trends are expected to dominate the market. Huobi HTX will continue to screen high-quality track assets to provide users with more project options with growth potential.

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 the 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 glo-media@htx-inc.com.