SI Ventures

8+ years in crypto & stock markets

[SI Ventures @labovano]

I’m trading future events on BNB’s newest prediction market.

Get 10% off your trading fees when you join me on @Predictdotfun.

https://t.co/pQhvIHUiaO

[SI Ventures @labovano]

Now each project allocates 2% of supply to $VIRTUAL stakers.
Stake $10k for 2 years = max boost → $100 from an $8M FDV project.
To break even? You’d need $800M in total FDV.
Free money days are over.
I’m not buying X402 coins or “AI agents” — 99% go to zero.
I just ride the narrative with $VIRTUAL — nothing more.

[SI Ventures @labovano]

X402, VIRTUAL and the new wave of AI “revolution.”

CT's been buzzing all week about X402 — Coinbase’s new open payment protocol.
In theory: revive the forgotten HTTP “402 Payment Required” code for AI-to-AI micropayments without KYC or middlemen.
In practice: same old circus.

[SI Ventures @labovano]

Why I still hold VIRTUAL:
It’s one of the few AI survivors actually building.
3rd Launchpad version already live:
• V1 = huge gains
• V2 = solid airdrops (IRIS did x500 + fat drop)
• V3 = auctions, no dump penalties, smoother flow.

[Miles Deutscher @milesdeutscher]

Volumes on @HyperliquidX have been eating into the market share of centralized exchanges, reaching over 20% of some industry leaders like OKX and Bybit.

What's really amazing is that most of this growth came after their $HYPE incentive program had ended.

This is what real product-market fit looks like. 👏

[Dolos @dolos_diary]

So, all your favorite KOLs and builders got $AICC for peanuts, and now they’re up x2000. How about you, anon? How does it feel funding their next yacht, vacation homes, and private schools while you’re stuck eating ramen and refreshing DexTools?

[Haseeb ＞|＜ @hosseeb]

My 2025 Crypto Predictions

I'm either going to look like a prophet or an idiot over these predictions, but one thing is for sure: I'm going to piss off a lot of people with bags.

Breaking this up into six sections: my predictions for L1s/L2s, token launches, stablecoins, regulation, "AI Agents" (oh boy), and crypto x AI.

~9 minute read!

1. L1s/L2s
- The distinction between L1s and L2s is collapsing. Users no longer perceive the differences between L1s and L2s (did they ever?). The blockchain landscape, L1s and L2s combined, is overcrowded and due for a shakeout. The consolidation will be less about technical superiority—it will be about having a unique niche and building stickiness through GTM.

- Despite the strength of SVM and Move, EVM market share will actually grow in 2025. This growth will be driven by @base, @monad_xyz, and @berachain. This will be not because of compatibility anymore—it'll be because EVM/Solidity just has way more training data, and LLMs will be writing most of the application code in 2025. Already having a deep library of battle-tested cryptography contracts will also be a separator, because LLMs suck at writing low-level code. DevEx and footguns will matter less than training data and solid libraries in the LLM era of development.

- Solana will pressure more blockchains to optimize for low latency. We will move from TPS wars to latency wars—infra like @doublezero and super low-latency L2s like @megaeth will push user expectations toward web2 responsiveness. Expect more embrace of optimistic UIs, preconfirmations, intents, email onboarding, in-browser wallets, and progressive security. Shoutout to @privy for advancing the meta here.

- @HyperliquidX has demonstrated that specialized chains can work when they're laser-focused on a specific application and prioritize UX and easy bridging. More projects will follow this model. The old dream of one chain to rule them all is dead.

2. Token Launches
- The current meta of everyone doing huge airdrops via points programs is over. We are moving to a two-track world.

- Track one: if a project has a clear north star metric, like an exchange or a lending protocol, they will distribute tokens purely off points. They will not care if they are farmed or gamed—they are effectively distributing the token as a rebate/discount on the core KPI of the protocol, and the farmers are your actual users anyway.

- Track two: projects without clear north star metrics (like L1s and L2s) will move toward crowdsales. They may do smaller airdrops to reward social contributions, but the majority of tokens will get distributed via crowdfunding. Airdropping for vanity metrics is dead. Those aren't really going to users, they're going to industrialized farmers.

- Memecoins will continue to lose market share to “AI agent” coins. I consider this a migration from financial nihilism to financial over-optimism. (Yep I'm coining that.)

3. Stablecoins
- Stablecoin usage will explode, particularly among SMBs. Not just trading and speculation—real businesses will start using on-chain dollars for instant settlement.

- Banks are noticing: expect to see announcements of bank-issued stablecoins toward the end of 2025. They will not want to be left behind. But especially with Lutnick as Secretary of Commerce, Tether will remain #1.

- Expect @ethena to gobble up even more capital, especially as treasury yields continue to decline over the coming year. When the opportunity cost of capital declines, it makes basis trade yields even more attractive.

4. Regulation
- Stablecoin legislation passes in the US, while the broader market infrastructure overhaul (FIT21) gets delayed. Stablecoin adoption accelerates while Wall Street adoption, asset tokenization, and other TradFi integration will lag behind.

- Under Trump, Fortune 100 companies will become more willing to offer crypto to consumers, with tech companies and startups showing higher risk appetite. Trump's inauguration will create a perceived regulatory jubilee until clear rules and enforcement priorities are set. During this window, expect to see aggressive expansion of crypto integration into Web2 platforms.

5. AI Agents (this is the longest section because my thoughts here are likely controversial—read to the end!)
- The “AI agent” craze will continue probably throughout 2025. But it will die off eventually. This is not the long-term disruption to watch out for from AI, but it will be CT's fixation because it is the most social.

- These things are not really agents. These are chatbots with memecoins attached; they are barely agentic at all besides posting on Twitter. Current "AI agents" are also mostly "Wizard of Oz" agents—there are humans behind the scenes ensuring the AI doesn't go off the rails. This won't change any time soon because current agents are too janky (even Fortune 100 companies are not using agents in prod yet). Current agents can easily be manipulated into saying crazy things that damage their brands, or can be jailbroken to steal all of their resources. See @freysa_ai for what an actual autonomous AI looks like—if your favorite AI is not getting jailbroken, it’s because it's a Wizard of Oz AI.

- That said, I think this trend will accelerate. Chatbots can indeed replace a lot of influencers because chatbots never sleep, they're always on-message, and they’re less greedy than human influencers. Plus the majority of influencers aren’t very original anyway. Real-time information aggregation/amplification can be easily replaced by an algorithm even today (see @aixbt_agent).

- Right now these chatbots are fascinating to us because they are so novel. It’s like seeing an elephant paint. The first time you see it, you don’t really care that the painting is not very good—it’s spectacular to see. But the 1000th time, the novelty wears thin. I believe that will start to happen as these chatbots plateau.

- You can see that today with aixbt—it’s already pretty good at aggregating data about different projects. By next year and the next generation of agents, maybe aixbt will hallucinate a little less, go a little deeper, have a little smarter takes. But how much will you even notice? It’ll probably feel the same to most people.

- I think this novelty and market eagerness continues throughout 2025. Crypto takes a while to get bored of the shiny thing. But by 2026 I think there will be a sudden reversal. The chatbots will become so ubiquitous that people will get turned off by them. Sentiment will reverse. Seeing stories of their favorite human KOLs losing their livelihoods will kindle a kind of class consciousness. Users will start discriminating in favor of human KOLs, even if their content is less consistent.

- In response to this pro-human bias, chatbots will start hiding that they are AIs, trying to pass as humans in order to capture more of the attention market. Instead of monetizing through memecoins like today, future chatbots will monetize the same way human KOLs do—through sponsorships, affiliate links, and pumping tokens they own. KOLs will be routinely accused of being chatbots, and you will see AI-unmasking scandals. This will all get weird.

- But there's a darker side yet. Remember, LLMs are currently great wordcels, but not great at the other stuff yet. What are the best ways to make money as a wordcel in crypto? First is being an influencer, sure, but close second is being a scammer. You will start seeing autonomous scambots proliferate. These will explode, comparable to what ransomware and cryptojacking became post 2017. Expect this to become a real social problem.

- But while chatbots are likely to remain the center of attention in 2025, the long-term disruption from AI will not be at the social layer.

- And no, it’s not going to be in trading either. AIs will not give everyone their own “trading agent” or miniature hedge fund. Yes, AIs will scale everyone, but they will scale people proportionally to their capital, data, and infrastructure. You should therefore expect AI to supercharge preexisting trading firms who have capital scale and data scale. In other words, trading firms will become even better at making all of the money. It will also collapse the hierarchy among trading firms (most of them will become comparably good, since everyone will have access to 150 IQ quants in the cloud).

- Over time, AIs will make markets extremely efficient—even smaller, niche markets—which will leave little edge left for normal traders, even with their little homebrew assistant AIs. The value of original research will plummet. That said, the increased competition and liquidity should be a boon to the rest of us who are injecting noise into the market. (It will also mean @Polymarket liquidity on everything!)

- So if the big story is not chatbots and not trading bots, what else is there? Here’s my core thesis, which for some reason almost nobody is talking about: the truly impactful AI agents will be software engineering agents.

- Why is this such a big deal? Ask yourself this: what is the primary input to our industry? What is the costly input preventing there from being more applications, more wallets, better infrastructure, better everything? The answer is software. If AI agents cause the price of software to collapse, that will change everything.

- In a post-AI era, instead of having to raise millions of dollars for a seed round, you will be able to launch an application with $10K of AI cloud compute. Self-financed projects like Hyperliquid and Jupiter will go from the exception to the norm. The amount of applications and experimentation on-chain will absolutely explode. For an industry that is driven by software, this deflationary shock is going to lead to an on-chain renaissance.

- The implications of this on security are profound. AI-powered static analysis and monitoring will become ubiquitous, making security more accessible to everyone. These AIs will be fine-tuned on EVM/Solidity or Rust codebases, trained on vast databases of security audits and attack vectors. They'll be RL’d in simulated adversarial blockchain environments. I’m increasingly convinced that AI tools ultimately favor defenders over attackers when it comes to security. You will have AIs constantly red-teaming contracts, while other AIs will be hardening them, formally verifying their properties, and honing their skills at incident response and remediation.

- In the meantime, sure, trade AI-flavored memecoins. But real agents are going to have a lot more impact than tweeting and pumping their own tokens.

6. Actual Crypto x AI
- Above I detailed the impact of AI on crypto (which is the primary direction of influence), but crypto will also have an impact on AI.

- Truly autonomous agents will use crypto to pay each other. This will be especially true once there are permissive stablecoin regulations—you’ll start seeing even large companies that run AI agents using stablecoins for agent-to-agent payments because they’ll be so much easier to spin up than bank accounts.

- We will also see more and bigger scale experimentation around decentralized training and inference. A new generation of promising projects like @exolabs, @NousResearch, and @PrimeIntellect will pave the way for real alternatives to centralized training and company-owned models. @NEARProtocol is also going all-in on trying to create a full-stack credibly neutral and permissionless AI stack.

- The other place where crypto and AI will intersect is UX. Post-AI wallets will be completely transformed—an AI powered wallet should be able to take care of bridging, optimize trade routes, minimize fees for you, paper over interoperability issues or frontend bugs, and steer you clear of obvious scams or rugpulls. You won’t be juggling between multiple different wallets and changing RPCs or rebalancing your stablecoins—the AI will handle all of it for you. This likely takes until 2026 to become reliable enough to transform crypto’s UX. But when this arrives, what does this do to blockchain network effects? What happens when users stop caring—or even experiencing—which chain an application lives on?

- This space is still young, but I’m hopeful we’ll see things take off here soon. In the long run (say mid 2026) I expect this will be where most of the market cap of “AI x crypto” lives.

---

That’s all I got for predictions. I promised I'd write this before I hit 100K followers, so I'm a little late, but still within the new year!

Happy New Year everyone. Looking forward to being out of a job by this time next year! 🫡

Disclosure: These are all my personal opinions and do not represent the opinions of Dragonfly; Dragonfly holds investments in many of the names I mentioned in this piece. Not financial advice. DYOR. I may or may not be an AI.

[Messari by Blockworks @MessariCrypto]

Frameworks for deploying agents have surged in the past few months.

LangChain reports that 78% of developers and PMs have active plans to implement AI agents in the near future.

Compare frameworks like REI, Eliza, RIG, and more in our latest report.

[Ejaaz @cryptopunk7213]

It’s New Years Eve.

Here are

10 Predictions for Crypto Agents in 2025

1. An AI Agent Platform will enter the top 10 Crypto by market cap ($35B+)

2. A single agent will manage $1B+ AUM & hit a $4B+ market cap.

3. Elon Musk announces he will make X the #1 platform to house consumer-friendly agents —> explosion in crypto agent commerce.

4. An Agent will feature on a song with a top 10 music artist.

5. An Agent will rug its community for $100M+ (no human intervention) & creator sued by SEC.

6. A NSFW agent will be a top 3 most profitable agent (fees earned).

7. A Crypto Agent will autonomously create a viral video or movie & sell the IP rights for $1M+

8. Data becomes a core investment theme within Crypto AI as people realize the best performing agents require it.

9. An Agent will autonomously execute a single trade which nets it $10M+, cementing its capability to outperform 99% of humans.

10. An agent platform will earn $1B in fees by end of year.

BONUS

Volume of agent tokens traded on Base will exceed 50% of total volume traded.

Regardless of what happens, I’m confident we’ll continue to see rapid 0-1 innovation in the Crypto AI sector.

This is the most excited I’ve ever felt about a new meta

& I remain overwhelmingly optimistic about the Crypto community’s ability to push our space forwards.

Happy New Year!

[0xJeff @0xJeff]

Top 10 AI Agent Predictions for 2025

• Agentic L1s will reach $100BN akin to 2020-21 cycle of L1s valuation
• Agents become fully autonomous, capable of managing $100mn+ TVL
• Defi will reach previous cycle high of $200BN+ TVL with the help of ai agents
• Conversational agents on CT becomes the norm for user acquisition funnel
• Web3 AI Agents onboard millions of developers & users from Web2
• @virtuals_io & @ai16zdao will remain the Top 2 Agentic L1s by year end
• Embodied AI will progress at a rapid pace, we'll see an AI agent with a body
• AI Crypto VC will be fully autonomous & they'll start hiring human analysts
• DeAI will be the theme of the first half of 2025 w/ emphasis on DeAI Infra
• We will see immersive games, fully run by AI NPCs

2020 is known as Defi Summer
2025 will be known as the Agentic Era

Happy New Year! May 2025 bring us the best bull run ever existed!

[Stalkchain @StalkHQ]

$Grift is a whale scam and it is going to Zero.

The token name says its intention.

It was created to grift other whales.

$Grift got to $89.7m Mcap, it is right now at $20.2m Mcap, that is -78% fall in price.

When analysing the top holders using stalkchain token insiders.

This is what we observed:

1-We noticed that 14 wallets in the top 25 holders are all whales.

2-When you compare the number of holders(7.9k) and the Txns created(8.8k), it just doesn't make sense how this token got to a $89.7m Mcap

3-Few whale wallets pumped the chart, hoping to attract other naive whales, so that they can get dumped on.

4-Only 1 whale( insider) (wallet-3HtWz7...XBgNeG) made a profit of $281k after investing $400k and wallet 3hUgNw...gTbSuX made a profit of $4k after investing $36k

5-Majority of the whales are in losses

This is a sign of an organised and manipulated chart created by whales to scam other whales.

[CZ 🔶 BNB @cz_binance]

gm

[Stats @punk9059]

Updating my gold estimate to about $12.90 per gold from $18 last I tweeted this.

A few things have changed:

1) The Blur allocation + Jackpot are both new and quite dilutive to gold. The jackpot in particular is currently on pace to add 100k gold per day or 3m in May. Blur on Blast added 2m.

2) The market has been quite weak for L2s, so I'm lowering the FDV estimate to $12bn. While most of my followers think this is aggressive, I think it is conservative.

3) I am raising the percentage of FDV given to gold from 4.5% to 5%. I think that 12% of TGE will be given to the community (that's what Blur did) but I think more will go to Blast and less to Blur, especially w Blur on Blast now.

4) I'm guessing that 12,000,000 more gold that is undeclared will be added to circulation. This is about 10% more than was given in the second round of gold distribution.

If I had to guess, I would say this is conservative.

Also, everything here is a complete guess based on relatively limited information available. Hard to predict what the king will decide!

[Thor @0xThoor]

Different levels of degeneracy when doing the 'Ethena carry trade' yourself:

Level 1️⃣
• Hold stETH, short ETH on Binance (no leverage)

Return: 14.45% APY
------------------------

Level 2️⃣
• Hold stETH, short ETH on Hyperliquid (no leverage)

Return: 34.95% APY
------------------------

Level 3️⃣
• Hold stETH, short ETH on Hyperliquid (2x leverage)

Return: 46.6% APY
------------------------

Level 4️⃣
• Hold PT-ezETH, short ETH on Hyperliquid (2x leverage)

Return: 85.73% APY
------------------------

Level 5️⃣
• Hold 3x looped PT-ezETH, short ETH on Hyperliquid (2x leverage)

Return: 123% APY
------------------------

Level 6️⃣
• Hold 3x looped PT-ezETH, short ETH on Hyperliquid (3x leverage)

Return: 141.75% APY
------------------------

This is with funding rates at 66% annualized which is 1/4 of what it was just a few weeks ago. If it returns to 200%+, the APY's above will get even more stupid.

Keep in mind that if you do level 6 you are pretty redacted and will likely get blown up. But have fun

Protocols mentioned
@pendle_fi
@HyperliquidX
@SiloFinance

[Stephen | DeFi Dojo @phtevenstrong]

You need to be speculation maxxing, anon.

You need to spend your evening points valuing. You need to be TGE estimating. Calculating LRT Eigen Point efficiencies. Scouring Dune dashboards.

You need to be obsessed with LRT YTs on @pendle_fi if you want to discover there is still juice in the squeeze.

You need to be speculation maxxing.

[Layergg @layerggofficial]

🗓️2024 Crypto January Calendar
Mark your Crypto events!

~Jan 10 : #BTC Spot ETF Approval
2 Jan : $BAKE - $BICA Launchpad
3 Jan : $RON - Play-to-Airdrop ($PIXEL)
3 Jan : $GMT - "Gas Hero" Official release
4 Jan : $AI - Binance Trading starts
5 Jan : $ALEX - $ORDG Launchpad

8 Jan : $JOE - $MOE TGE
9 Jan : Coinbase - Delist $BSV
10 Jan : StarkNet - Mainnet V0.13.0
11 Jan : U.S. - CPI (Dec)
12 Jan : $APT - $245 Unlock

15 Jan : $FET - Mainnet Upgrade
15 Jan : $ENJ - Governance Rewards Begin
17 Jan : $ETH - Dencun (Goerli)
17 Jan : Coinbase - Dismissal Hearing
18 Jan : $FIRO - Lelantus Spark Launch
21 Jan : $INJ - $130M Unlock

22 Jan : $MINA - Testnet ends
23 Jan : $AVAX - Web wallet transition
25 Jan : $FLUX - Mainnet Upgrade
29 Jan : Evergrande - Liquidation Hearing
29 Jan : Google - Allow crypto (ETF) ads

30 Jan : U.S. - Fed Interest Rate Decision
30 Jan : $XLM - Protocol 20 Mainnet Vote
31 Jan : $ETC - Spiral network upgrade

🪂 Potential Airdrop
$STRK - Mainnet V0.13.0
$BLAST - Testnet + Developer Airdrop
$FT - https://t.co/SyDTqsPFNT V2
$ZRO - LayerZero V2
$NAMADA - Incentivized Testnet
$JUP - TGE (Airdrop)
$MANTA - Campaign Ends

🌟Other undated Events
$SEI - V2 Mainnet
$ALPACA - "Immortal Wars" Alpha
$SHRAP - Early Access
$WAVES - Wave 2.0
$ACS - V2 Launch
$FXS - Frax chain & Airdrop
$INJ - Mainnet
$IMX - zkEVM Mainnet

🚨Potential Downside Risks
$BTC - Bitcoin ETF "Sell the News"
$CEL - Creditors Distribution
Evergrande - Liquidation Hearing
Coinbase - Dismissal Hearing

* * *

💞Please Like + Retweet if you enjoy this January Crypto Calendar.

➬ Follow me @layerggofficial for more!

🔗Sharing is welcome, just a nod to the source would be appreciated.

Thanks for reading🫡