In the past week (February 23-March 2), the crypto market continued to recover, driven by the marginal recovery of macro sentiment and the rotation of capital structure. Bitcoin fluctuated steadily upward, and market risk appetite gradually recovered. According to data from the Huobi HTX platform, market funds no longer focus solely on top assets, but have begun to spread to highly elastic tracks such as AI and DeFi. Among them, PERP has increased by more than 100% in a single week, and the AI ​​track has blossomed in many places, showing that funds continue to pay attention to projects that combine innovative narratives with practical applications.

DeFi track rebounds strongly: PERP leads the rise, RIVER continues to be popular

In the current market environment, the DeFi sector is recovering as a whole, especially "application-based" protocols with real trading scenarios and liquidity foundations are more likely to gain funding recognition.

• PERP (Perpetual Protocol): This week’s gainer champion, rising 106% in a single week. Perpetual Protocol is a decentralized derivatives exchange (DEX) built on the Ethereum and xDai networks. Traders can trade assets including BTC, ETH, DOT, SNX, YFI, etc. with up to 10 times leverage.

• RIVER (River): Another 75% gain this week. As an important supplementary project in the DeFi ecosystem, River is building a chain-abstract stablecoin system to connect assets, liquidity and income on multiple blockchains. Huobi HTX has simultaneously launched a $RIVER currency earning product with an annualized rate of 20% to enrich its income dimension.

The AI track explodes at multiple points: ROBO, SAHARA, and ALICE form sector linkages

AI is still one of the core narratives that attracts the most attention in the current market. Overall, AI assets are shifting from single-point outbreaks to group resonance, with multi-assets synergistically strengthening, and the market’s exploration of AI+Crypto integration paths continues to deepen.

• ROBO (Fabric Protocol): Weekly increase of 79%. Fabric is one of the most popular AI projects recently. As a representative project that combines AI and robotics technology, it is attracting widespread market attention to the Openmind ecosystem. As artificial intelligence applications gradually extend from the software level to physical scenes, related conceptual assets have greater room for imagination.

• SAHARA (Sahara AI): Up 72% this week. Sahara AI is the first "AI native" full-stack blockchain platform where anyone can create, contribute and realize AI development results, making future AI more open, inclusive and fair. In the context of the increasing trend of combining computing power, models and on-chain data, it is necessary to focus on the direction of AI infrastructure and computing power networks.

• ALICE (My Neighbor Alice): Weekly increase of 45%. My Neighbor Alice is a multiplayer building game where anyone can buy and own virtual islands, collect and trade non-fungible tokens (NFTs), and make new friends. The game is inspired by successful games like Animal Crossing.

Meme and Layer1 tracks are recovering: BEBE and ESP performed well

• BEBE: The Meme sector has rebounded significantly this week, with BEBE rising 86% in a single week. BEBE is an artificial intelligence-driven cryptocurrency and gaming finance project. Meme assets tend to be highly elastic during the market sentiment recovery stage and have become an important carrier of short-term capital games.

• ESP (Espresso): ESP, the representative asset of the Layer 1 track, rose 77% this week. Espresso is a global confirmation layer that provides L2 chains with fast, reliable transaction confirmations powered by BFT consensus. The expansion of the public chain ecosystem and the increase in developer activity have become important driving forces for valuation restoration.

The rotation pattern of multiple tracks is established, and the structural market continues

Looking at the market situation in the week from 2.23 to 3.2, Huobi HTX platform assets showed the characteristics of a rebound in capital risk appetite and the first outbreak of elastic assets. AI and DeFi formed the core main line. Layer1, Meme and other tracks rose simultaneously, and the structural market gradually transitioned to a comprehensive recovery.

With the deepening of AI applications, the evolution of DeFi functions and infrastructure upgrades, the main line of the market in the next stage may become clearer, and the rotation of high-quality assets in multiple tracks will continue to emerge. Huobi HTX will continue to carefully select high-quality track assets to help users seize market opportunities.

About Huobi HTX

Huobi HTX was established in 2013. After 12 years of development, it has evolved from a cryptocurrency exchange into a comprehensive blockchain business ecosystem, covering digital asset trading, financial derivatives, research, investment, incubation and other businesses.

As the world's leading Web3 portal, Huobi HTX adheres to the development strategy of global expansion, ecological prosperity, wealth effect, and security compliance, and provides comprehensive, safe, and reliable value and services to virtual currency enthusiasts around the world.

For more information about Huobi HTX, please visit https://www.htx.com/ or HTX Square, and follow X, Telegram and Discord. If you have further questions, please contact glo-media@htx-inc.com.