Lily Liu, Chair of the Solana Foundation, stated at the Consensus 2026 conference that blockchain is financial infrastructure, with the key being providing digital scarcity and trustworthy value. She believes that combining Web2 applications with public blockchains is essential to unlocking the full potential of the ownership economy, and native financial applications are expected to reshape the global financial system.

Bitwise Asset Management Chief Investment Officer Matt Hougan pointed out in an interview that the bear market in the crypto space is influenced by a four-year cycle rather than a single factor. He believes investors are currently more inclined toward gold and AI stocks, with market concerns centered on quantum computing risks and changes in Federal Reserve personnel. Despite Bitcoin's weakness, he remains optimistic about the development of crypto ETFs, emphasizing that Bitcoin's scarcity will not change.

Bestselling author of "Rich Dad Poor Dad" Robert Kiyosaki once again publicly endorses Bitcoin. In a social media post promoted by Bitcoin historian Pete Rizzo, he stated that if he could only choose one asset, he would firmly choose Bitcoin over gold or silver. This statement quickly sparked heated discussions in the crypto and macro investment communities. Kiyosaki has always advocated for "hard assets" to hedge against the declining purchasing power of fiat currency, but this time, he places Bitcoin above precious metals. His core reasoning lies in its scarcity structure: Bitcoin's maximum supply is encoded in the protocol, fixed at 21 million coins, with a verifiable and unchangeable supply cap. He believes this "programmatic scarcity" is superior in the long term to traditional precious metals that rely on mining and reserve estimates.

A recent study shows that approximately 2.3 million to 3.7 million Bitcoins have been permanently lost worldwide, accounting for 11% to 18% of the maximum supply of 21 million. According to Ledger's 2025 report, these Bitcoins are mainly lost due to holders losing private keys, passing away without transferring access, or early wallets being unrecoverable, leading to them being completely removed from circulation. Unlike fiat currencies, which can be continuously issued, the total supply of Bitcoin is encoded in the protocol. When these tokens are permanently "lost," the available supply in the market shrinks accordingly. Several on-chain data agencies, including Glassnode, point out in their economic models that when supply decreases while demand remains stable or even increases, the price center tends to be driven higher. "Every Bitcoin that can no longer be used makes the remaining circulating assets more valuable," said an analyst.

Bitcoin price drops below $70,000. Analysts point out that its scarcity is affected by derivatives such as ETFs and futures, leading to "synthetic supply" that causes price fluctuations to be more driven by derivatives, reflecting structural changes in the Bitcoin market.

On February 3rd, news broke that as Bitcoin briefly fell below the $100,000 mark, ARK Invest, led by Cathie Wood, purchased approximately $65 million worth of Bitcoin through the ARKB ETF. The operation took place on February 3, 2026, and is seen by the market as a typical example of institutional funds "buying the dip," injecting new confidence into the already volatile cryptocurrency market. Recently, Bitcoin price fluctuations have intensified, and many investors remain doubtful whether the pullback signals a new downward trend. However, based on ARK's actions, they are more inclined to view this adjustment as a long-term strategic opportunity. In the "Big Ideas" report, ARK maintained a high target price expectation for Bitcoin, believing that by 2030, Bitcoin could reach $1.5 million. The core logic includes: increasing global user penetration to 5%, and the scarcity effect brought about by the next halving cycle.

TRON ecosystem's decentralized finance token JST performs strongly, currently priced at $0.04581, with a 13.55% increase over the past seven days. The 24-hour trading volume reaches $43 million, up over 32%. JustLend DAO completed a large-scale buyback and burn, with a total destruction amount accounting for 10.96% of the total supply, enhancing market scarcity and boosting investor confidence.

On January 21, news reports indicate that as the overall cryptocurrency market weakens in early 2026, Pi Network prices faced significant pressure in January. Unlike emotional panic selling, the downward movement of Pi Coin is more due to structural supply expansion, making it more vulnerable amid the Bitcoin and mainstream altcoin corrections. The market remains highly cautious about the short-term trend of Pi Network. The biggest variable currently comes from the token unlock schedule. Data shows that over 4.6 million PI enter circulation daily, continuously weakening scarcity. By the end of January, approximately 55.8 million PI will be released as planned. This mechanical supply increase keeps potential buyers on the sidelines, and even short-term rebounds are unlikely to generate effective support. Although Pi Network has recently upgraded its application and payment functions, the improvement in practicality has not yet translated into immediate demand absorption for the token.

January 19 News, Aster officially announced on the X platform that it has formally launched a strategic buyback reserve mechanism to automatically repurchase ASTER tokens, further optimizing the token economic structure and strengthening long-term value support. This move is based on the previously announced fifth phase buyback plan and marks the project's transition into a substantive implementation stage in terms of deflationary mechanisms and transparency in fund usage. According to the announcement, Aster will allocate 20% to 40% of the daily platform fee income for targeted buybacks of ASTER. The specific ratio will be dynamically adjusted based on market liquidity and price performance, with the core goal of gradually reducing the circulating supply in the secondary market while controlling volatility risks, thereby enhancing the token's scarcity and long-term value prospects. This mechanism is also regarded as one of the more robust token buyback strategies in the current cryptocurrency market environment.

On January 14, news reports indicate that the silver (XAG) price continues to strengthen, with the spot price breaking a historic $90 per ounce, driving the transaction price of American Eagle silver coins in dealer channels to over $100 each. Overall, this round of increase is not driven by short-term sentiment but is jointly propelled by structural shortages and strategic demand. As prices fluctuate rapidly, the U.S. Mint announced a suspension of all silver coin sales. The official explanation states that the sharp volatility in silver prices makes it impossible to price reasonably, which the market interprets as physical silver demand significantly exceeding supply. Market commentator Echo X pointed out that when official channels cease sales, it often means that paper prices can no longer accurately reflect the scarcity of physical silver, and premium expansion is only a matter of time.