Market downturn, crypto surge, ALTS skyrocketed 12.4%, Is the MSX fee adjustment the key?

Amid the overall decline of the US stock market, crypto concept stocks are collectively rising. According to the latest data, ALTS surged over 12.4%, DFDV increased over 9%, and MSTR rose over 6.63%, forming a clear contrarian pattern. This contrast not only reflects the market’s renewed recognition of crypto assets but also hints that policy adjustments on the platform side may be beginning to take effect.

Contrarian Performance of the Crypto Sector

At the close of the US stock market, the overall market remained under pressure. The Dow fell 0.8%, the S&P 500 declined 0.19%, and the Nasdaq Composite dropped 0.1%. However, in this context, crypto concept stocks have charted an independent trend.

This contrarian rally is no coincidence. Recent trading data shows a clear turning point for crypto concept stocks. On January 12, these stocks were still broadly declining, but starting from January 13, they shifted to a broad rally, with today’s performance further reinforcing this trend.

Factors Driving Single-Day Gains

The over 12.4% surge of ALTS in a single day is quite significant. Several factors may be driving this:

• Market sentiment recovery, shifting from risk aversion on January 12 to risk appetite
• Increased valuation attractiveness of the crypto sector, highlighting relative value
• Policy optimizations on the platform side potentially generating incremental trading demand

Among these, the fee adjustment on the MSX platform warrants special attention.

Market Significance of MSX Fee Adjustment

MSX is a decentralized RWA trading platform that has listed hundreds of RWA tokens, including US stock and ETF tokens. On January 13, the platform announced a change to its RWA spot trading fee model.

Details of the Fee Adjustment

• Original model: two-way fee, 0.3% buy and 0.3% sell
• New model: one-way fee, 0.3% buy and 0% sell
• Actual effect: the comprehensive cost of a complete trading cycle (buy + sell) is reduced by 50%

This adjustment may seem simple but is highly significant in the emerging RWA trading sector.

Why This Matters

Lower trading costs directly influence users’ willingness to trade. Reducing the sell fee from 0.3% to 0% significantly decreases the cost at closing positions, encouraging more trading activity. For an emerging asset class like RWA, increased trading activity could attract more participants.

In terms of timing, the fee adjustment (January 13) coincides closely with the broad rally of crypto concept stocks (January 13-14), which may not be a coincidence. Platform fee structure optimization could signal a positive outlook on market prospects and may indeed lead to increased trading volume.

Shift in Market Sentiment

From a broad decline on January 12 to a broad rally on January 13-14, crypto concept stocks have completed a clear emotional turnaround. This may reflect several changes:

• Reassessment of the long-term value of crypto assets
• Rising attractiveness of the RWA sector
• User-friendly policies driven by increased platform competition

The strong performance of leading stocks like ALTS and DFDV indicates that market demand for crypto concept stocks is recovering.

Summary

The contrarian rise of the crypto sector indicates a shift in market sentiment. While ALTS’s single-day increase of over 12.4% is impressive, it is not an isolated event but a microcosm of the sector’s overall turning point. The fee adjustment on the MSX platform, though a specific case, represents platform-side emphasis on user experience. Such policy optimizations could become key factors in boosting RWA trading activity. In the short term, the strength of crypto concept stocks may continue, but whether this can be sustained long-term still depends on more fundamental developments.