January 6-12, 2026: Overall Market Under Pressure with Structural Opportunities Emerging

Market Overview

• Global Market Cap: $3.19 Trillion (down 0.9% WoW).
• BTC Dominance: 57.1% (Market Cap: $1.82 Trillion).
• Fear & Greed Index: 26 (Fear), indicating a further contraction in sentiment.
• ETF Capital Flows:
  • BTC ETFs: Weekly net outflow of $681 Million (Cumulative: $56.4 Billion).
  • ETH ETFs: Weekly net outflow of $68.57 Million (Cumulative: $12.43 Billion).

Capital Flows & Stablecoins

• Total Market Cap: $308.1 Billion.
• Competitive Landscape: USDT (60.56%) leads, followed by USDC (24.21%).
• New Supply: 2.74 Billion newly issued this week (USDC 1.74B, USDT 1B), a 27.79% increase WoW, signaling continued sidelined capital entry.

On-Chain Ecosystem Performance

• Total TVL: $123.9 Billion (down 0.32%).
• Distribution by Chain: Ethereum (68.2%), Solana (8.47%), Bitcoin (6.61%).

• Solana: Daily active addresses surged 29.81% against the trend, though DEX volume pulled back 40.53% following the broader market.
• BNB Chain: Strong performance with DEX trading volume surging 47.29%.
• Sui/Aptos: Sui saw a significant 55.84% drop in active addresses; Aptos remained stable with TVL up 0.91%.

• Total TVL: $38.6 Billion (up 1.82%).
• The Top Two: Base (36.85%) maintains the top spot, ahead of Arbitrum (34.77%).

Key Projects & Industry Updates

• Block Security Arena: AI-driven Web3 security infrastructure and educational ecosystem.
• Ubyx: A global stablecoin clearing system for par-value redemption between stablecoins and fiat.
• JPEG.fun: A Web3 native social prediction game merging image-based betting with on-chain settlement.

• Jan 13: High-performance L1 Fogo launches mainnet and TGE, with 6% of tokens allocated to the community.
• Late Jan: Infinex (INX) plans to complete its TGE following a 5% token sale.
• Feb 5: Rainbow wallet schedules its $RNBW TGE, with 15% of the supply dedicated to airdrops.
• Funding News: Boings.ai raised $30M (Seed); Babylon secured $15M led by a16z Crypto.

References