Robinhood plans to build a Layer 2 solution on Arbitrum, aiming to integrate with TradFi. This solution may focus on meeting the customized needs of traditional finance, facing challenges such as efficient trading and system stability. If successful, it could accelerate the digitalization process of traditional financial markets and have a positive impact on the Ethereum ecosystem.

This week, the blockchain industry reported a total of 36 investment and financing cases, amounting to approximately $605 million, mainly focused on Decentralized Finance, NFT, and trading platforms. In addition, Bitcoin's market capitalization surpassed $1 trillion, and Beeple's NFT artwork was sold for $69.35 million, with traditional institutions continuing to increase their Bitcoin investments.

Jack Dorsey's exploration in the field of Decentralization has lasted over a decade. He has promoted the Bitcoin Lighting Network and developed Bitchat, an offline social tool based on Bluetooth Mesh networks. Bitchat aims to achieve complete Decentralization and censorship resistance, making it suitable for use in extreme scenarios. Although it is still in the experimental stage, Dorsey envisions combining it with the Nostr network to create a freer social experience.

The market is weak during the double festival period, and Q1 next year may welcome a pump | Crypto market weekly report
Market Overview
This week, the crypto market is showing a downward trend under the influence of the Christmas holiday. Although the market sentiment index has slightly risen from 7% to 10%, it is still in the extreme fear zone. It is worth noting that despite the overall market weakness, the USDC, primarily based in the US market, has still achieved a 1.91% rise, indicating that institutional funds are continuing to enter the market, injecting some confidence into it.
The DeFi sector's TVL dropped slightly by 0.37% this week to $52.7 billion, but projects like the machine gun pool and other stablecoin yield projects performed well. The overall supply of stablecoins continues to grow, indicating that despite the market correction, the underlying liquidity is still flowing in, and stable yield projects like the machine gun pool are in high demand.
The AI Agent track continues to receive significant attention from the market, with a total scale reaching 10.9 billion dollars. Especially the aipool model combined with TEE technology.