Executive Summary
Executive Summary
Industry Development Overview
The cryptocurrency industry reached a critical turning point in 2024, with increasing scale adoption and institutional recognition signaling a new stage of development. According to data from a16z's "State of Crypto Report 2024" [1], CoinMarketCap's "Week in Solana: 2024 Recap" [2], and Galaxy Digital's latest "Crypto & Blockchain Venture Capital – Q4 2024" [3], multiple indicators suggest this sector is experiencing unprecedented growth opportunities.
Explosive User Adoption Growth
In September 2024, global active addresses reached 220 million [2], representing over 200% growth compared to the end of 2023. Among blockchains, Solana demonstrated particularly outstanding performance, reaching 100 million monthly active addresses, far ahead of other public chains. Following closely were NEAR (31 million) and Coinbase's Base (22 million).
These data confirm the breakthrough growth of the Solana ecosystem, with DeFi transaction volume reaching $62.6 billion, nearly matching Ethereum's $67.4 billion. Mobile wallet users reached a historic high of 29 million in June 2024, strongly demonstrating the increasing global adoption of cryptocurrencies.
According to Messari's "State of DeFi Q4 2024" [4], daily active DeFi users now account for 34% of total blockchain daily active users, a growth trend clearly indicating that DeFi is becoming a mainstream application of blockchain technology.
Continued Venture Capital Investment
In the fourth quarter of 2024, cryptocurrency startups received $3.5 billion in investment (a quarter-over-quarter increase of 46%) [1], with annual investment reaching an impressive $11.5 billion. According to Messari's "State of Crypto Fundraising: Q2 2024" [5], transaction volume that quarter increased by 22.5% compared to the previous quarter, with particularly active financing in network, financial, and infrastructure sectors.
Analyzing the latest investment data, we can observe the following significant characteristics:
Investment Stage Distribution
Early-stage projects account for 60% of investment amounts
Late-stage projects account for 40%, a significant increase from 15% in the previous quarter
Seed round project numbers maintain healthy levels, strongly demonstrating the increasingly active entrepreneurial ecosystem
Sector Distribution
Stablecoin projects received the most funding support, reflecting high market confidence in infrastructure
Infrastructure and Web3 projects followed closely
Web3, DeFi, and Infrastructure projects accounted for the highest number of investment cases
Geographic Distribution
US companies received 46% of investment amounts, maintaining global leadership
Hong Kong companies increased to 17%, a significant rise from previous periods
Singapore and UK companies also showed very active, stable development
Rapid Growth in the MEME Token Market
The MEME token market demonstrated unprecedented prosperity in 2024, with this combined track entering the 4th position among the top 20 cryptocurrency hotspots of 2024 [3]. The latest market data highlights the remarkable rise of this sector:
The leading token launch platform Pump.fun achieved monthly revenue exceeding $100 million, setting a new industry record
On New Year's Day 2025, Pump.fun's single-day revenue reached an astonishing $14 million
The platform has successfully launched over 4 million different token projects, clearly demonstrating the enormous market demand for efficient, secure token launch platforms
This market trend perfectly aligns with Hopper's launch platform strategy, providing a vast market space for our innovative token launch mechanism.
Accelerated Institutional Investment
Institutional investor participation saw a breakthrough increase by the end of 2024 [1], marking the maturity and mainstreaming of the cryptocurrency market:
Rapid Development of ETFs and Listed Products
Institutions such as VanEck, 21Shares, Bitwise, and Canary Capital have successively applied for Solana ETFs
Bitcoin and Ethereum ETPs collectively hold over $65 billion in on-chain assets, forming a powerful institutional capital pool
Expanded Research Coverage
The prominent investment institution Grayscale has included Jupiter (JUP) and Jito (JTO) in its 2025 Q1 core investment portfolio
Mainstream investment banks have begun systematic in-depth research on the Solana ecosystem, such as Bloomberg's "Digital Assets 101" [6] report, which provides detailed analysis of the ecosystem's profound development potential
Rapid Expansion of the Stablecoin Market
December alone saw an increase of $1 billion in total locked value, with underlying demand continuing to grow
The stablecoin TVL on Solana has approached $5 billion, forming an important payment and settlement infrastructure
Stablecoin issuers have become the 20th largest holder of U.S. Treasury bonds, creating a powerful connection with the traditional financial system
Rapid Expansion of Innovative Application Scenarios
With significant improvements in infrastructure and continued reduction in transaction costs, the cryptocurrency field is witnessing a series of revolutionary new application scenarios [3]:
Accelerated Maturity of the DeFi Ecosystem
DeFi wallet addresses have reached 34% of total daily active addresses, an increase of 12 percentage points compared to 2023
DEX trading volume accounts for 10% of global spot trading, with Bloomberg research indicating this proportion could reach 15% under specific market conditions [6]
Total value locked has reached $169 billion, strongly demonstrating the market's deep trust and adoption of DeFi protocols
Explosive Growth in Social Finance
SocialFi projects now account for 10.3%, according to Messari's "State of DePIN 2024" [7] research, social finance is rapidly becoming a distinctive growth hotspot for blockchain applications
Social networks have entered the top five most active developer domains, continuously attracting top talent and capital investment
User engagement and retention have significantly improved, with the average user session duration on new-generation social platforms increasing by 65%
Accelerated Integration of AI and Blockchain
Currently, 34% of crypto projects deeply integrate AI technology, double the proportion compared to the same period last year
AI-related token sectors show extremely active performance, with leading projects achieving weekly gains of up to 193%
Infrastructure-class projects have become the most widespread field for AI technology applications, accounting for 47%, demonstrating the natural synergy between the two
These market trends highly align with Hopper's core product strategy, positioning our lightning-fast transaction speeds, AI-driven intelligent analytics, and comprehensive DeFi ecosystem precisely in the market's most promising frontier areas.
Project Vision and Mission
Redefining the Decentralized Finance Experience
Hopper is committed to becoming the core infrastructure for next-generation multi-chain decentralized finance. Through our breakthrough hybrid market-making mechanism (AMM+CLMM), intuitive user interface, and leading cross-chain technology, we have thoroughly redefined how users interact with crypto assets.
Our platform not only provides lightning-fast transaction speeds but also builds a comprehensive DeFi ecosystem, including:
High-efficiency DEX platform: Achieving ultra-fast transaction processing and optimal liquidity configuration
Innovative token launch platform: Providing secure, convenient issuance channels for new projects
Full-featured MPC wallet: Ensuring user asset security while enhancing user experience
Efficient cross-chain bridging: Seamlessly connecting multiple blockchain ecosystems
Solving Key Industry Pain Points
In the current market landscape, traditional trading platforms face multiple challenges:
Fragmented liquidity: Leading to inefficient trading and increased slippage losses
Complex user experience: Limiting ordinary users' participation and adoption
Difficult cross-chain interactions: Hindering seamless collaboration between different ecosystems
Unresolved security risks: Continuously threatening user assets and trust
Hopper emerged in response to these challenges, aiming to thoroughly solve these industry pain points through cutting-edge technological innovation.
Our Mission
Our core mission is to create a barrier-free multi-chain crypto financial world where:
For users: Providing intuitive, secure, and efficient participation methods regardless of technical background or experience level
For innovative projects: Building comprehensive infrastructure support, providing assistance throughout the entire process from token issuance to growth
For the entire industry: Promoting barrier-free interaction and sustainable development of multi-chain ecosystems
By achieving these goals, Hopper is committed to becoming a core force driving blockchain finance toward truly large-scale adoption.
Main Product Feature Highlights
Intelligent Trading Engine
Innovative Hybrid Market-Making Mechanism: Combining AMM and CLMM advantages, continuously optimizing liquidity configuration through smart algorithms, ensuring optimal price execution
Intelligent Routing System: Multi-dimensional analysis of trading paths, automatically selecting the lowest slippage solution, achieving optimal trade execution
High-Performance Trading System: Optimized on-chain trading mechanisms achieving millisecond-level response, supporting advanced trading strategies such as limit orders
Market Insight System: Providing price predictions and arbitrage opportunities based on real-time market data, helping users seize market opportunities
Smart Contract Ecosystem: Complete smart contract system ensuring automated execution of transactions, enhancing transaction transparency and traceability
Hopper Launch Platform
Optimized Issuance Process: Simplified and standardized token launch process, requiring only sufficient liquidity to list on the DEX
Intelligent Security Mechanism: Built-in anti-bot and anti-dumping systems, protecting early investors' interests
Flexible Launch Solutions: Project teams can customize key parameters such as initial liquidity and unlock mechanisms
AI Risk Control System: Intelligent assessment of project risks, providing professional investment references for users
Complete Incubation Support: Full-process incubation services from project design to operation, supporting projects' healthy development
Cross-chain Asset Management
Efficient Cross-chain Bridge: Supporting rapid asset transfers between mainstream public chains, innovative liquidity aggregation solutions ensuring stability
One-click Cross-chain Transactions: Simplified user interface, making cross-chain transactions as simple and intuitive as in-chain transactions
Real-time Status Monitoring: Complete tracking of cross-chain transaction status, providing a transparent asset transfer experience
Multi-chain Asset Integration: Innovative cross-chain infrastructure allowing users to easily manage and trade multi-chain assets
Hopper MPC Wallet
Distributed Security Architecture: Innovative solution based on MPC technology, enhancing asset security through private key sharding storage
Intelligent Recovery Mechanism: Innovative social recovery function, providing convenient recovery solutions while ensuring security
Smart Contract Integration: Supporting contract wallet features, enhancing transaction flexibility
One-stop DApp Center: Built-in DApp browser, providing seamless application experience
Privacy Protection System: Employing advanced encryption technology, comprehensively protecting user data and transaction privacy
Community Ecosystem
One-stop Service Platform: Seamless integration of core functions such as wallet management, transaction execution, and community interaction
Community Governance Framework: Innovative community incentive mechanisms, cultivating an active and valuable user ecosystem
Decentralized Identity: Self-sovereign identity management solution, achieving balance between privacy protection and personalized services
Social Finance Innovation: Deep integration of social interaction and financial functions, creating unique value incentive models
Team Core Competitive Strengths
Core Team Background
System Architecture Experts
Former Google Senior Engineer, responsible for Google Pay payment system architecture
Led the construction of payment clearing systems with daily transaction volumes exceeding $10 billion
Proficient in high-performance programming languages such as Rust and Go
Blockchain Technology Experts
Former Aave V3 core developer, responsible for smart contract architecture design
Participated in the development of 5+ DeFi projects with TVL exceeding $1 billion
Core contributor to 50+ blockchain open-source projects on Github
Technological Innovation Achievements
High-Performance Trading Engine
Automatically adjusts liquidity pools through algorithms, reducing slippage and improving trading efficiency
Dynamic pricing, adjusting token prices in real-time based on supply and demand, preventing market manipulation
System availability of 99.99%
Security Technology Architecture
Independently developed 5 MPC wallet core patents
Completed 200+ smart contract security audits
Zero security incident record
Trading System Innovations
Hybrid Market-Making Mechanism
Innovative market-making algorithm combining PMM and AMM advantages
Improves capital utilization by 35% compared to traditional AMM
Reduces slippage losses by 50%
AI Trading Optimization
Intelligent routing system, saving 40% in transaction costs
Real-time price prediction with 85% accuracy
Personalized trading strategy recommendations
Industry Resources
Institutional Partners
Top Market Makers
Wintermute: Daily market-making trading volume of $50 million
GSR: Providing $10 million in market-making capital support
DWF Labs: Strategic investment and market-making support
Infrastructure Collaboration
Chainlink: Oracle data support
Axelar: Cross-chain infrastructure integration
NodeReal: Dedicated RPC node support
Investment Institution Support
Strategic Investors
Binance Labs: Strategic investment and ecosystem support
Jump Trading: Market-making and technical support
Market Insights
Industry Experience
DeFi Project Experience
Participated in Uniswap V3 early liquidity strategy design
Provided technical consulting for 3 projects with $10+ billion market cap
Experienced the complete 2021-2024 bull-bear cycle
User Need Understanding
Product Innovation Direction
Pioneered one-click cross-chain aggregated trading
Innovative Gas payment mechanism
Mobile-first product design philosophy
Core Competitive Advantages
Technology Barriers
Self-developed MPC wallet technology with 5 core patents
Industry-leading order matching latency (<50ms)
Innovative hybrid market-making mechanism, improving capital efficiency by 35%
Resource Advantages
Strategic cooperation with 3 top market makers
Support from 5 well-known investment institutions
10+ infrastructure partners
Experience Accumulation
Team members average 8+ years of blockchain experience
Participated in 5+ billion-dollar DeFi projects
200+ smart contract audit experiences
References
[1] a16z, "State of Crypto Report 2024"
[2] CoinMarketCap, "Week in Solana: 2024 Recap"
[3] Galaxy Digital, "Crypto & Blockchain Venture Capital – Q4 2024"
[4] Messari, "State of DeFi Q4 2024"
[5] Messari, "State of Crypto Fundraising: Q2 2024"
[6] Bloomberg, "Digital Assets 101: Back to Basics"
[7] Messari, "State of DePIN 2024"
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