11.17 AI Daily: AI Leads Digital Innovation: OpenAI Enters IT Investment Priority List, Stablecoin Drives the Rise of Web3

1. Headline

1. OpenAI ranks among the top four priority investment suppliers for IT leaders

According to the 2025 IT Priorities report released by Flexera, OpenAI made its debut on the list and ranked fourth among the suppliers prioritized for investment by IT leaders, following only Microsoft, Google, and AWS. The report is based on a survey of 800 IT leaders in the United States, United Kingdom, Germany, and Australia, showing that 37% of respondents plan to allocate more budget to OpenAI next year.

OpenAI has gained a competitive advantage in the field of AI consulting by leveraging its capabilities in enterprise collaboration and customized AI solutions. Additionally, 42% of leaders believe that AI integration is crucial for the future development of businesses. The survey also found that 42% of IT leaders believe that integrating artificial intelligence will bring about the most significant changes for their organizations, while 26% and 25% of respondents believe it can drop security risks and IT costs, respectively.

The report reflects the wide application prospects of AI technology in enterprises, and OpenAI, as a leading company in the field of AI, is highly favored. In the future, AI will profoundly affect the operation mode and business decision-making of enterprises, becoming the core driving force for promoting digital transformation.

2. CryptoQuant Founder: The Web3 ecosystem driven by stablecoin is rising

CryptoQuant founder and CEO Ki Young Ju wrote on the X platform that cryptocurrency traders are like gamers, and Web3 projects are their game developers. Currently, memes dominate the cryptocurrency market because most altcoins lack strong narratives based on fundamentals. However, a stablecoin-driven Web3 ecosystem is emerging - this is a new genre of analysis for investors, similar to the stark difference between RPG and FPS. This future is already close, and there is a strong desire to delve into it and seek alpha through on-chain data.

Stable Coin, as an important part of the Cryptocurrency ecosystem, is driving the development of the Web3 ecosystem. Unlike Memecoin, which has greater fluctuation, Stable Coin provides a more stable means of value storage and circulation, laying the foundation for the development of Web3 applications. Analysts believe that investors will pay more attention to on-chain data and fundamental indicators rather than speculative narratives, which will help the industry return to rationality and promote the implementation of real use cases.

The Web3 ecosystem driven by Stablecoin may become a new trend in the future development of Cryptocurrency, attracting more institutional investors and traditional enterprises to participate, and promoting the industry to develop in a more mature and standardized direction.

3. X writes to Hacker: bug bounty will be provided for returning the funds within 24 hours

on-chain transaction terminal X published an open letter to Hacker: We have received strong support from security institutions, partners, and trading platforms to find the stolen tokens. We have also monitored your Address to freeze the stolen funds in a timely manner. You are requested to resolve this issue within the next 24 hours, which will prevent us from taking any further actions.

We ask you to communicate with us via email and return the stolen funds. To express our gratitude, we will provide you with a generous bug bounty and generous gifts. Once you return the funds, we will immediately destroy all information currently held about the Hacker attack.

The X incident has attracted widespread attention in the industry. As a well-known trading platform, X has shown a high sense of responsibility and willingness to solve problems through proactive communication. However, whether the Hacker will respond positively remains to be seen. Regardless of the outcome, this incident will have a profound impact on the security awareness and risk management capabilities of the cryptocurrency industry.

4. Ethereum is facing unprecedented scrutiny

The Ethereum community is facing an unprecedented challenge. Since the launch of the ETF, there has been a net sell-off/funding outflow of over $1.2 billion. From core researchers/EF of Ethereum to developer community organizations, as well as Consensys-related businesses and external investors, there is a significant Crisis of Confidence. Vitalik Buterin needs to provide better guidance and direction for different stakeholders, as Ethereum has become an extremely significant Decentralization entity in the entire encryption market and even in the traditional market. Such a business entity has never existed in history, and the test for the entire Ethereum community and Vitalik Buterin will continue to become more and more severe, to the point of a breakthrough or breakdown.

As a leading project in the field of Cryptocurrency, Ethereum's development status affects the entire industry. The outflow of a large amount of funds reflects investors' wavering confidence in Ethereum. There are also internal disagreements within the Ethereum ecosystem, requiring the leadership to provide a clearer development direction and goals.

As a huge Decentralization business entity, Ethereum faces unprecedented challenges. How to achieve effective governance while maintaining Decentralization, balancing the demands of different stakeholders, will be the top priority for the future development of Ethereum. The development of Ethereum is not only related to itself, but will also affect the overall landscape of the Cryptocurrency industry.

5. The game track is extremely difficult, and the industry calls for adjustments to the practicality and unlocking terms of Token.

The game track has become exceptionally difficult, and all participants are losing confidence. The encryption game forces participants to leave or create more innovative and fun products in a more difficult mode. Of course, we are still looking for a team that has faith in the game and has Consensus in the Crypto market. Here, I advocate for adjustments to the utility and unlocking clauses of Tokens. The current unlocking mechanism and utility have significant issues, and I call for a broader discussion and research in the industry. The investment lock-up period for traditional IPOs only requires 6 months to a year, while the overall lock-up period for liquidity for early-stage crypto seed round companies has reached 3 to 4 years.

The encryption gaming track is facing severe challenges. The disappointment and exodus of participants towards existing models reflect the urgent need for innovation breakthroughs in the industry. The adjustment of token utility and unlocking terms is expected to bring greater flexibility and attractiveness to gaming projects, promoting the acquisition of real users.

Compared with the traditional gaming industry, encryption games have uniqueness in aspects such as the Token economic model, and require extensive discussions and research within and outside the industry to explore a more reasonable development path. Only through continuous innovation can encryption games regain vitality, attract more participants, and drive the entire industry forward.

2. Industry Data

1. GT

GT recent transaction price $9.5860, intraday increase 2.70%.

2. XRP

The recent transaction price of XRP is $0.9708, with a daily increase of 23.60%.

3. ETH

ETH recently traded at $3106.4800, with a daily increase of 2.20%.

4. DOGE

DOGE recent price is $0.3785, with a daily increase of 3.50%.

5. BTC

BTC recent transaction price is 91112.7000 US dollars, with a daily increase of 4.00%.

III. Industry News

1. BTC breaks through the $90,000 mark, with a Market Cap share climbing to 58.9%

BTC broke through the $90,000 mark in the past 24 hours, currently priced at $91,006.06, with a daily gain of 0.48%. Data shows that BTC's market capitalization has risen to 58.9%, reflecting investors' preference for the leading position in the cryptocurrency market.

Analysts believe that the pump in BTC price is mainly driven by the improving macroeconomic outlook, cooling inflation expectations, and continuous influx of institutional investors. As the expectation of the Fed's rate hike slows, the attractiveness of risk assets increases. At the same time, the launch of BTC futures ETF provides institutional investors with more convenient investment channels.

The volume data shows that the daily volume of BTC remains at a high level of around 30 billion US dollars, reflecting a high market activity. Investor sentiment continues to improve, and the Cryptocurrency Fear and Greed Index has risen to 90, indicating a state of "extreme greed". However, some analysts also warn investors to be aware of potential pullback risks.

In general, Bitcoin is expected to continue the pump trend in the short term, but investors need to closely follow changes in macroeconomics and regulatory policies, cautiously manage risks.

2. Ripple's momentum is fierce, with a 24-hour increase of over 25%

Ripple has experienced a big pump in the past 24 hours, with prices reaching a three-year high of $1.27 and a daily increase of 25.83%. Analysts believe that the main reasons for the surge in Ripple include:

Hopes are high for the resolution of the legal dispute with the United States Securities and Exchange Commission. The latest court ruling supports Ripple's public exchange sales not being considered securities issuance, which is favorable for Ripple's development prospects.
The overall bullish sentiment of the cryptocurrency market is high, and funds continue to flow in.
Ripple ecosystem construction is gradually taking shape, regulatory environment is becoming clearer, attracting institutional investors get on board.
The discussion about Ripple on social media is heating up, helping to pump the price.

Trading data shows that as the price pumps, Ripple's daily trading volume has also significantly risen, reflecting an increase in investor activity. However, some analysts warn that Ripple may experience profit-taking in the short term, and investors should be cautious in managing risk.

In general, Ripple is expected to continue the pump trend in the short term, but the long-term trend still needs to follow changes in regulatory policies and the development of the ecosystem.

3. The Solana ecosystem is booming, with SOL price breaking $240.

Token SOL in the Solana ecosystem has performed strongly in the past 24 hours, with a price breakthrough of $240 and a daily increase of up to 10.14%. Analysts believe that the main reasons driving the pump in SOL price include:

Solana ecosystem projects continue to be hot, attracting a large influx of funds.
The number of Decentralization applications (DApps) in the Solana ecosystem continues to increase, and the ecosystem is becoming more and more complete.
Solana has excellent performance as a public chain, with fast transaction speed and low fees, favored by investors.
The overall bullish sentiment in the cryptocurrency market has boosted the price of SOL, causing it to pump.

Trading data shows that the daily trading volume of SOL remains at a high level of around $1 billion, reflecting a high level of market activity. Analysts predict that if SOL can break through its historical high of $259.9, it will inject new momentum into the price pump.

However, analysts also remind that the Solana ecosystem is still in its early stages of development and faces significant uncertainties. If there are major security incidents or regulatory policy changes, it may have a negative impact on the SOL price.

In general, SOL is expected to continue the pump trend in the short term, but investors need to closely follow the development of the Solana ecosystem and carefully manage risks.

IV. Project Highlights

1. Tether launches asset tokenization platform Hadron

Tether is a leading stablecoin issuer that recently launched an asset tokenization platform called Hadron. Hadron aims to simplify the process of tokenizing various real-world assets such as stocks, bonds, commodities, real estate, funds, and loyalty points.

Tether claims that Hadron integrates all the technology and expertise the company has accumulated over the past decade, providing asset tokenization services to institutions, fund managers, governments, and private companies. The platform will enable users to easily convert assets into digital tokens and trade and transfer them on the blockchain.

The launch of Hadron is expected to promote the development of asset tokenization, enabling more traditional assets to enter the Cryptocurrency market. This not only provides new investment channels for investors, but also brings new Liquidity sources for asset owners. Insiders believe that Hadron may become an important participant in the field of asset tokenization and is expected to drive innovation and development in the entire industry.

Some analysts are cautious about Hadron, fearing it may bring regulatory risks. But overall, the market has responded positively to this innovative project, believing it will help integrate Crypto Assets and TradFi.

2. The continuous development of the SUI ecosystem, Move system becomes the new focus

Sui is an emerging blockchain ecosystem, built using the Move programming language. Recently, several projects worth following have emerged in the Sui ecosystem, such as Cetus, Navi, and Scallop, sparking widespread follow in the industry.

As a representative of the Move series, the SUI ecosystem project has demonstrated the advantages of the Move language in building secure and efficient blockchain applications. The Move language, developed by Meta (Facebook), adopts a resource-oriented programming paradigm, which can better manage resources and ownership, thereby enhancing the security and reliability of the system.

Meanwhile, other Move-based projects such as Aptos and Movement have also made significant progress. Aptos has already launched on the Mainnet, while Movement is the only Move-based project that has not yet issued coin, and it is highly followed. Industry insiders believe that Move-based projects are expected to become the next important direction for blockchain development.

The rapid development of the SUI ecosystem also benefits from the overflow of traffic from the Solana ecosystem. Some Solana projects are seeking new development opportunities, and Move has become a good choice. The correlation with the Rust language also makes it easier for Solana developers to switch to the Move system.

In general, the rise of the SUI ecosystem signifies that the Move system is becoming a new focus in the blockchain field. The security and efficiency of the Move language are expected to promote the birth of more innovative applications, bringing new vitality to the entire industry.

3. CryptoQuant CEO: Meme Ecosystem Driven by Stablecoins is Emerging

Ki Young Ju, CEO of CryptoQuant, recently posted on social media, elaborating his views on the current cryptocurrency market. He believes that a Meme ecosystem driven by Stable Coins is emerging, which will become a new genre for analyzing investors.

Ki Young Ju pointed out that, currently memes dominate the Cryptocurrency market, because most AltCoins lack a strong narrative based on fundamentals. But with the rise of the stablecoin ecosystem, the situation will change. He likened this emerging ecosystem to the difference between RPG games and FPS games, believing that the two will be completely different.

As the CEO of a blockchain data analysis company, Ki Young Ju said he is eager to delve into this emerging ecosystem and find investment opportunities through on-chain data. He believes that the cryptocurrency market is about to become even more exciting.

Ki Young Ju's remarks have sparked widespread discussions within the industry. Some analysts believe that the stablecoin ecosystem could indeed become the next development hotspot, as it can provide a more stable and predictable environment. However, some are concerned that an over-reliance on stablecoins may weaken the decentralization feature of cryptocurrency.

Overall, Ki Young Ju's perspective reflects the industry's follow on the Stablecoin ecosystem. As this ecosystem continues to develop, it may bring new opportunities and challenges to cryptocurrency investments.

Five. Economic Dynamics

1. US inflation data better than expected, but still at a high level

Economic background: The U.S. economy experienced a challenging period in 2024. Despite a slight rise in GDP in the third quarter, the inflation rate remained high, and the unemployment rate also saw an increase. The latest data shows that the U.S. core personal consumption expenditure (PCE) price index in October rose by 5.1% year-on-year, higher than the market's expected 5.3%, but still far above the Federal Reserve's target level of 2%.

Important event: The data released by the US Department of Labor this week has triggered market follow. Despite a slight decrease in the inflation rate, it still remains at its highest level in 40 years. This has intensified concerns about whether the Federal Reserve will significantly raise interest rates again in December. At the same time, US President Trump signed a new trade bill aimed at restricting imports of Chinese products, escalating trade tensions.

Market Reaction: Investors' response to inflation data is mixed. On the one hand, a slight decrease in inflation rate is seen as a signal of economic slowdown, alleviating concerns about excessive interest rate hikes. But on the other hand, the persistently high inflation rate means that the Federal Reserve may have to continue to tighten monetary policy. Stock and bond markets have experienced significant fluctuations, reflecting market uncertainty about the economic outlook.

Expert analysis: Jeffrey Sachs, an economics professor at Columbia University, said: "Although the inflation rate has declined, it is still far above the ideal level. The Federal Reserve faces the difficult task of seeking a balance between curbing inflation and avoiding a hard landing for the economy." Jan Hatzius, chief economist at Goldman Sachs, believes: "Trade tensions may further increase inflationary pressures, making the Fed's decisions even more challenging."

2. The European Central Bank raised interest rates by 75 basis points, and the Eurozone economy slowed down.

Economic Background: The euro area economy experienced a turbulent year in 2024. Influenced by the Russia-Ukraine conflict and the energy crisis, the inflation rate soared to double digits, and the economy stagnated. The latest data shows that the inflation rate in the euro area in October was 10.6%, far above the European Central Bank's target of 2%. The unemployment rate has also risen, reflecting the pressure of economic slowdown.

Important event: In order to curb inflation rise, the European Central Bank announced this week that it will raise the Benchmark Interest Rate by 75 basis points to 2.5%. This is the European Central Bank's fourth consecutive large interest rate hike, reflecting its determination to fight inflation. At the same time, the European Commission lowered its economic rise expectations for the eurozone in 2024 and 2025 to 0.3% and 0.7%, respectively, far below previous expectations.

Market Reaction: European stocks fell after the Central Bank of Europe raised interest rates, reflecting investors' concerns about the economic outlook. The euro rose slightly against the US dollar, as the interest rate hike is expected to support the euro. However, bond yields rose, indicating investors' expectations of more rate hikes in the future. Overall, market confidence in the Eurozone economy has been undermined.

Expert view: David Folk, chief economist for the Eurozone at Deutsche Bank, believes that "the challenge facing the European Central Bank is to curb inflation while avoiding an economic recession. The negative impact of raising interest rates may begin to show in the second half of next year." Meanwhile, Jessica Hinton, European economist at JPMorgan, states that "the Eurozone economy is slowing down, but inflationary pressures persist, and the European Central Bank may need to raise the interest rate to over 3%."

3. China announces a new round of economic stimulus measures to boost domestic demand.

Economic background: In 2024, the Chinese economy slowed down, affected by multiple factors such as epidemic prevention and control, the sluggish real estate market, and weak global demand. The latest data shows that China's GDP rose by 3% in the first three quarters, far below the target of around 5.5% set at the beginning of the year. In order to stabilize the economic rise, the Chinese government has introduced a series of support measures.

Important events: The State Council of China announced a new package of economic stimulus policies this week, including tax reduction, increased infrastructure investment, and support for the manufacturing industry. Among them, the value-added tax rate for the manufacturing industry will be reduced from 13% to 10% to reduce the burden on enterprises; at the same time, 300 billion yuan of special bonds will be issued for infrastructure construction. These measures aim to expand domestic demand and boost economic growth.

Market response: After the policy was announced, the Chinese stock market experienced a pump, reflecting investors' optimism about government stimulus measures. The Exchange Rate of the Renminbi has slightly increased, showing increased confidence in the outlook for the Chinese economy. However, some analysts believe that the effectiveness of these measures may be discounted due to the impact of epidemic prevention and control policies.

Experts analysis: Liu Yuanchun, Dean of the Chongyang Institute for Financial Studies at Renmin University of China, said:"These policy measures are conducive to stabilizing market expectations, but to truly stimulate economic rise, further relaxation of epidemic prevention and control restrictions is needed." While Zhong Chao, Director of the International Finance Research Institute of the Bank of China, believes:"Expanding domestic demand is key, but at the same time, it is also necessary to promote external demand, maintain openness to the outside world, and attract foreign investment.

Six. Regulation & Policy

1. SEC Chairman Gary Gensler emphasized the importance of good regulation in his final public speech in office

In his final public speech before stepping down, Gary Gensler emphasized the importance of effective enforcement of securities laws. Gensler explained the importance of implementing these "road rules" and how updating and strengthening them can drop risks, thereby forming the scale and depth of the Capital Market.

Gensler pointed out that well-regulated markets can establish investor trust and create an environment for economic success. He emphasized the contribution of securities laws to investors and issuers, as well as important principles in the stock market, corporate governance, and information disclosure.

In his speech, Gensler also mentioned the regulatory issues in the cryptocurrency market. He believes that the cryptocurrency market also needs to abide by common-sense rules, such as disclosing information and accepting regulation, to promote investor protection, market fairness, and competition.

Industry insiders agree with Gensler's speech. Jennifer J. Schulp, a financial policy researcher at the Cato Institute, said, "Enforcement of securities laws is crucial for building investor trust and financial market stability. Chairman Gensler emphasized this point and called for similar regulatory measures in the cryptocurrency market."

2. The Trump administration may relax regulations on Cryptocurrency, causing industry differences

According to reports, the Trump administration may adopt a cryptocurrency-friendly policy, relax regulatory barriers, and encourage innovation. This news has sparked controversy within the cryptocurrency industry.

On the one hand, Ripple CEO Brad Garlinghouse and others welcome this. They believe that the Trump administration will bring a clearer regulatory environment for cryptocurrency, which is conducive to the development of the industry. Garlinghouse said in an interview:"I think Trump sees opportunities, innovation, and entrepreneurial spirit, and I am very excited about the future."

On the other hand, BTC supporters are critical of this. Pierre Rochard, Vice President of Research at Riot Platforms, said, "We cannot let Ripple influence the policy-making process in the United States with their anti-BTC agenda." He hopes that Trump will appoint more BTC supporters to the government.

Industry analysts believe that the policy direction of the Trump administration may promote the development of Decentralized Finance (DeFi) and BTC Staking. Marcin Kaźmierczak, co-founder of Redstone, said: "Under Trump's leadership, we expect a Bull Market wave in DeFi platforms, which may rewrite the rules of digital finance."

However, some experts are also cautious about the Trump administration's policies. Jennifer J. Schulp, a financial policy researcher at the Cato Institute, pointed out that "while easing regulations may stimulate innovation, it may also increase investor risk. The government needs to seek a balance between promoting innovation and protecting investors."

3. The European Commission predicts a slowdown in the euro area economy, which may affect the progress of the digital euro.

The European Commission, the executive body of the European Union, has recently forecasted that the GDP growth rate of the 20 eurozone countries in 2025 will only be 1.3%, which is significantly lower than previously expected. This forecast may affect the progress of the digital euro.

Digital Euro is the Central BankDigital Money that the European Central Bank is exploring, aiming to provide a secure and efficient digital payment method for the euro area. However, the slowing rise of the economy may slow down the development pace of the Digital Euro.

The President of the Central Bank of Europe, Christine Lagarde, has previously stated that the introduction of the digital euro requires "appropriate economic conditions". A slowdown in economic rise may affect the fulfillment of this condition.

However, some analysts believe that the advancement of the digital euro will not be greatly affected. Jochen Metzger, head of Digital Money research at Deutsche Bank, said:"The digital euro is mainly to meet the public's demand for digital payments, rather than as an economic stimulus tool. Therefore, the impact of economic slowdown on it may be limited."

In addition, the European Central Bank may consider using digital euro as a means to address economic slowdown. Thomas Putelat, the head of digital asset research at a Swiss bank, pointed out that "digital euro is expected to improve payment efficiency, drop transaction cost, and inject vitality into the eurozone economy."

Regardless, the economic forecasts of the European Commission are worth following closely. It may not only affect the advancement of the digital euro but also have a profound impact on the financial technology development of the entire euro area.