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$SOLO Perpetuals Go Live on Bybit, Unlocking Leveraged Trading Opportunities

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Daily Bits
Jan 2, 2025
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Daily Top Performer —  Peaq Network (PEAQ)



The S&P 500 was closed on Wednesday. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 2.44%, with Bitcoin and Ether rising by 1.26% and 0.41%, respectively in the past 24 hours.

Today's top performer is PEAQ, which surged 33.8% after the announcement that Peaq Surpasses L2s in 2025, Driven by DePIN and Machine Economy Growth.

Peaq Network (PEAQ), launched in November 2024, is a Layer 1 blockchain for DePINs and Machine RWAs, hosting 3M+ devices, 50+ projects, and $1B+ in value. According to Messari, Peaq, with a $2.1B FDV in 2025, surpasses all L2s by leveraging L1 valuations, DePIN, RWA, and AI narratives. DePIN rises to a top-3 sector, fueled by the Machine Economy and real-world AI agents.



Check Out the Latest Prices, Charts, and Data of PEAQUSDT Perp Contracts!



Talk of the Town

Big moves for $SOLO as its perpetuals are now live on Bybit. Traders can now leverage SOLO/USDT trading pairs, allowing for more precision and confidence in their trades. This launch opens up new opportunities for trading with leverage on the platform.



Check Out the Latest Prices, Charts, and Data of SOLOUSDT Perp and SOLO/USDT Spot Contracts!



Bitcoin Spot ETF Flows



Category

Flow (millions)

GBTC

-

Non-GBTC

-

Total

0.0



Yesterday, the Bitcoin Spot ETF market was closed for the holiday.



Check Out the Latest Prices, Charts, and Data of BTCUSDT Perp and BTC/USDT Spot Contracts!



Airdrop to Watch

Sonic has announced details for the $SONIC TGE and airdrop. Eligible participants include Sonic testnet users and Sonic AVS delegators. The eligibility checker opens on January 3rd, 2025, and the TGE launch is on January 7th, 2025. A total of 2.4 billion $SONIC tokens will be issued, with 7% reserved for the airdrop. The snapshot for the airdrop was taken on December 31st, 2024.

Grab Up to 5,100 USDT in Rewards

Also, enjoy 555% APR on Bybit Earn products!

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