Gate Research: Gate Group Enters Japanese Market, RWA TVL Hits $8.2 Billion All-Time High

Gate Research Daily Report: In the past 24 hours, BTC rose by 3.93%, showing signs of a bottoming rebound. ETH increased by 3.31%, maintaining an upward trend. The total value locked (TVL) of Real World Assets (RWA) surpassed $8.2 billion, setting a new all-time high. Decentralized exchange (DEX) trading volume on the Solana once again exceeded $100 billion, continuing to lead the market. The Base Network’s active addresses have surged over 40-fold year-to-date. Gate Group has officially entered the Japanese market by acquiring Coin Master. MicroStrategy plans a significant stock expansion to support its Bitcoin strategy, increasing Class A shares to 10.3 billion. Gasp has launched its Alpha version and first DEX while announcing a GASP token airdrop plan to attract community participation.

Market Analysis: BTC rose 3.93%, showing signs of a bottom rebound. ETH increased by 3.31%, continuing its upward trend.
Top Performers: The leading altcoins in the past 24 hours are PHA, FARTCOIN, and SAROS, with gains of 71.6%, 55.8%, and 50.1%, respectively.
Data Highlights: Real-World Asset (RWA) TVL exceeded $8.2 billion, setting a new all-time high. Meanwhile, DEX trading volume on Solana surpassed $100 billion, maintaining its leadership position.
Spotlight Analysis: Gate Group has acquired Coin Master, marking its official entry into the Japanese market.
Market Opportunities: Gasp, a Layer 2 protocol built on EigenLayer, aims to develop a cross-chain asset network for cryptocurrencies. The project has announced an airdrop plan for its GASP token.

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December 25th, 2024