Latest Research Weekly, on the Market Sell-off and Scenarios, Going Forward: https://research.nansen.ai/articles/research-weekly-august-5-2024

- The magnitude of the downward moves in many assets (VIX, Topix, Crypto) makes it difficult to run after the trend and cut risk now (risk of being late and locking in losses)
- That said, the increased probability of recession (30% soft landing + 10% hard landing for H2 2024 Nansen forecast) warrants more trimming than an increase of risk allocation, in our view
- Implied volatility being higher, it is now expensive to hedge equities or crypto with options
- Being tactical and taking advantage of “up days” and periods of price recoveries (the Services PMIs published this week could potentially arrest the slide in risk assets) to reduce risk exposure can be a prudent strategy

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Research Weekly August 5, 2024

August 5, 2024 Edition

Check out our latest note written with Bitget on token listing criteria, and on-chain data that lead prices: TVL and fees did bestaccording to our  backtests: https://research.nansen.ai/articles/discovering-token-potential

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Discovering Token Potential for Trading & Exchange Listing

Token Fundamental Regression & Bitget’s Token Listing Methodology

Our latest Research Weekly is out: https://research.nansen.ai/articles/research-weekly-july-29-2024

“Keep calm and keep riding”

- In this issue of the newsletter, we stick to the views described since two weeks ago. Our Risk model remains “Risk-on”, a series of short-term narratives (Fed rate cuts, US republican presidency, ETF launch) are still in place to drive Crypto prices higher, led by the Major tokens
- Downside risks can be protected via the options market, especially as these short-term crypto tailwinds run their course later this year
- SOL is still the darling of our models and of our Alpha Discord

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Research Weekly July 29, 2024

July 29, 2024 Edition

Our latest Research Weekly is out! In this edition, we take the temperature of our Crypto Risk Barometer, spell out the implications of the latest FOMC meeting on crypto, and analyze Smart Money activity on layer 2s, with a focus on Base

https://research.nansen.ai/articles/research-weekly-may-6-2024

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Research Weekly May 6, 2024

Our latest Research Weekly is out: https://research.nansen.ai/articles/research-weekly-april-28-2024.

What you can expect: an anatomy of the crypto sell-off by token, a macro scenario analysis, an analysis of on-chain fees by blockchain, and more.

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Research Weekly April 28, 2024

April 28, 2024 Edition

Research Weekly April 22, 2024
In this week, we cover the following topics:

- Macro and Markets
- Quantifying New Retail Flows
- ETH Whales Activity and LST/LRT exposure
- and much more

Dive in below to read the full insights:
https://research.nansen.ai/articles/research-weekly-april-22-2024

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Research Weekly April 22, 2024

April 22, 2024 Edition

IMX, the Non-Gamers Gaming Token
Key takeaways:

- Crypto gaming is a leading narrative with lots of potential upside, but hard to stay on top of

- Gaming infrastructure tokens tend to be more low-maintenance and comfortable to hold than specific gaming tokens, and also often outperform in the long run

- Immutable X is the largest "pure" gaming ecosystem by market capitalization and IMX has outperformed most other gaming ecosystems

- Immutable X has impressive partnerships with e.g. AWS and Ubisoft, putting it in a good spot long-term, despite large upcoming unlocks

- Other gaming ecosystem tokens that have a track record of solid price performance compared to competitors in the last year include BEAM and RONIN

https://research.nansen.ai/articles/imx-the-non-gamers-gaming-token

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IMX, the Non-Gamers Gaming Token

Base's Rise: Platform Growth and Meme Traders
Key takeaways:

- Base has emerged as a dominant layer 2 platform in 2024, recently surpassing Optimism with daily transactions and showcasing robust growth in user engagement with over 483,893 daily average transactions since its inception, highlighting its rapid adoption.

- Early 'Base Memecoin Traders' have notably increased their activity on Base, with daily transaction activity for these traders surging dramatically since the end of 2023 and continuing to accelerate into March 2024, underscoring an opportunistic landscape for these traders as they continue their meme coin trading.

- The Base ecosystem is fueled by numerous growth catalysts including advancements in retail accessibility, smart wallet integrations, EIP4844, strategic investments through the Base Ecosystem Fund, and a strong commitment from top developers and social apps.

https://research.nansen.ai/articles/base-s-rise-platform-growth-and-meme-traders

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Base's Rise: Platform Growth and Meme Traders

Quick Insight: Chromia and CHRReport looks into CHR and some potential catalysts for the token.

- Ex-Portfolio Head of DeFiance joined as head of APAC
- Ecosystem grant program launching
- Mainnet launching (expected Q3)
- A home for AI and DePIN?
- Investor unlocks completed - supply mostly diluted

https://research.nansen.ai/articles/quick-insight-chromia-and-chr

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Quick Insight: Chromia and CHR

Ajna Finance - Embracing DeFi Values
Ajna is an oracle-less, immutable, and permissionless lending protocol. It seeks to remove any external risks and dependencies and operate purely through code and incentives. This makes it somewhat unique in DeFi, and these properties will likely make it one of the most censorship-resistant protocols in a time of regulatory uncertainty around crypto.

On the other hand, immutability comes with trade-offs: the protocol experienced a potential griefing vector, which required it to be redeployed entirely.

Both ERC-20s and NFTs can be borrowed against, making it a competitor to both typical DeFi lending protocols and NFT lending protocols.

Overall, it is interesting to follow a protocol rigorously adhering to the ideals of immutability, autonomy, and censorship resistance, as those often lack in DeFi.

https://research.nansen.ai/articles/ajna-finance-embracing-de-fi-values

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Ajna Finance - Embracing DeFi Values