Market Update aims to provide readers with the latest market reports and key digital asset data.
Article author: 0xArthur
Article source: ME News
The crypto market as a whole showed a moderate upward trend, with the SocialFi sector rising 3.28% in the last 24 hours, marking its second consecutive day of gains. Among them, Toncoin (TON) rose another 2.99%, and Chiliz (CHZ) surged 8.14%. In addition, Bitcoin (BTC) rose 1.63%, breaking through $88,000; Ethereum (ETH) rose 1.54%, maintaining a narrow range of fluctuation around the $2,900 mark.
In other sectors, the Layer 1 sector rose 1.39% in the last 24 hours, with Canton Network (CC) surging 19.46% within the sector; the PayFi sector rose 1.30%, with Verge (XVG) rising 9.21%; the CeFi sector rose 1.09%, with FTX (FTT) rising 3.60%; the Meme sector rose 0.60%, with Pump.fun (PUMP) rising 5.72%.
In addition, the Layer 2 sector fell 0.63%, but Merlin Chain (MERL) rose 3.94%; the DeFi sector fell 0.92%, but Kamino (KMNO) bucked the trend and rose 10.39%.
The crypto sector indices, which reflect the historical performance of the sector, show that the ssiSocialFi, ssiLayer1, and ssiPayFi indices rose by 3.50%, 1.52%, and 1.39%, respectively.
ETF Directional Data
According to SoSoValue data, Bitcoin spot ETFs saw a total net inflow of $355 million yesterday (December 30th, Eastern Time).
The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a net inflow of $144 million. IBIT's total historical net inflow has now reached $62.192 billion.
Next was the ARKB ETF from Ark Invest and 21Shares, with a net inflow of $110 million in a single day. The ARKB ETF has now recorded a total net inflow of $1.71 billion.
As of press time, the total net asset value of the Bitcoin spot ETF was $114.439 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.52%, and a historical cumulative net inflow of $56.961 billion.
According to SoSoValue data, the Ethereum spot ETF saw a total net inflow of $67.8366 million yesterday (December 30, Eastern Time).
The Ethereum spot ETF with the largest single-day net inflow yesterday was the Grayscale Ethereum Trust ETF (ETHE), with a net inflow of $50.1874 million. ETHE's total historical net outflow has reached $5.049 billion.
The second largest inflow was into Grayscale's Ethereum Mini Trust ETF (ETH), with a net inflow of $13.9522 million in a single day. The total historical net inflow into ETH has now reached $1.52 billion.
As of press time, the Ethereum spot ETF has a total net asset value of $17.994 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 5.04%, and a historical cumulative net inflow of $12.4 billion.
BTC Directional Data
According to CoinFoundry data, 190 listed companies currently hold a total of 1,129,570 BTC (an increase of 4,279 from yesterday), accounting for 5.67% of the total Bitcoin supply. Among them, Strategy (MSTR) holds 672,497 BTC, representing 59.5% of the total holdings of listed companies. Strategy has not increased its holdings since adding 1,229 BTC on December 29th. MARA Holdings (MARA) holds 53,250 BTC, accounting for 4.7% of the total holdings of listed companies.
Stablecoin data
According to CoinFound data:
USDT market capitalization: US$199.72 billion
USDC market capitalization: $75.65 billion
USDS market capitalization: $10.75 billion
USDe's market capitalization: $6.36 billion
PYUSD market capitalization: $3.62 billion
USD1 market capitalization: $3.32 billion
Market Dynamics
South Korea's Basic Law on Digital Assets is proposed to include no-fault compensation and stablecoin bankruptcy isolation mechanisms; the government's draft may be postponed until next year.
House Financial Services Committee Chairman Hill: Stablecoin legislation needs to be accompanied by market structure rules to be effective.
Circle has minted 1 billion USDC on Solana in the past 9 hours, and Circle Paymaster now supports USDC for gas fee payments.
Telcoin launches eUSD, and Bank of America issues a USD stablecoin.
Summarize:
On December 30-31, 2025, the stablecoin market showed "cautious yet innovative activity"; regulation continued to dominate headlines, such as US legislation and global policy reports, all of which are driving stablecoins toward a more structured financial infrastructure, which may accelerate adoption and standardization in 2026; the focus is also gradually shifting to innovation (such as privacy/bank issuance); regulation is conducive to long-term adoption, while short-term attention is focused on the progress of South Korean legislation, and monitoring changes in the issuance of USDT and USDC.
RWA Directional Data
According to CoinFound data:
Market capitalization of commodities: $3.99 billion
Market value of government bonds: US$1.32 billion
Institutional fund market capitalization: US$2.98 billion
Market capitalization of private lending: $35.36 billion
US Treasury bond market value: $9.02 billion
Corporate bond market value: $260 million
X-Stock's market capitalization: $620 million
Market Dynamics:
DL Securities obtains virtual asset trading license from Hong Kong SFC
COTI announced the launch of the world's first private RWA in 2026. COTI integrates RWA infrastructure, targets the $30T market, and provides privacy protection.
Data shows that Real-World Assets (RWA) has become one of the fastest-growing sectors in DeFi in 2025. RWA has jumped to become the fifth largest category in DeFi by TVL (TVL), surpassing the DEX sector.
RWA fixed income market firm Haven has completed a seed round of financing at a valuation of $30 million, with participation from Candaq and others.
BlackRock's first tokenized money market fund, BUIDL, has paid out over $100 million in dividends.
Matrixdock 2025: A Practical Path from Gold Tokenization to Sovereign-Level RWA
Summarize:
On December 30-31, 2025, the RWA market showed structural growth and institutional-driven rotation. Although the overall crypto market was slightly weak at the end of the year, the RWA sector bucked the trend and rose. TVL expanded significantly throughout the year, with institutional adoption being the core driver. Giants such as Blackstone and JPMorgan Chase injected tens of billions of dollars. Combined with regulatory clarity (such as the OCC's approval of the Crypto Charter), the on-chain migration of assets is accelerating. Looking ahead to 2026, RWA may shift from a peripheral narrative to core infrastructure, attracting more traditional capital.
