Gate Research Daily Report: Over the past 24 hours, BTC price dropped by 1.63%, exhibiting a clear downward trend, while ETH price slightly declined by 0.48%, remaining within a consolidation range. The total stablecoin market cap surpassed $200 billion, with USDT continuing to dominate the market. Managed token pools' TVL exceeded $1.1 billion, reflecting increased ecosystem activity. Ethena partnered with Berachain to launch pre-deposit Vaults, introducing a new ecosystem reward model. Meanwhile, Sophon's mainnet entered Phase Two mining, optimizing reward mechanisms to drive ecosystem growth. Despite market volatility, the crypto market remains active as ecosystem platforms continue to innovate, injecting new growth momentum into the market.
Market Analysis: BTC price dropped by 1.63%, reaching a high of $95,300.0 and a low of $93,013.7 during the period.
Top Performers: The top-performing altcoins in the past 24 hours are INSN, ZEREBRO, and AGLD, with gains of 47.71%, 37.05%, and 34.35%, respectively.
Data Highlights: The total market capitalization of stablecoins has surpassed the $200 billion mark, with USDT continuing to dominate the market.
Spotlight Analysis: Ethena has partnered with Berachain to launch pre-deposit vaults, introducing a new model for ecosystem rewards.
Market Opportunities: Nodepay has completed a $7 million Series B funding, leveraging idle internet bandwidth from global users to build real-time data pipelines for AI model training and inference.
Explore today's details 👉🏻 Gate Research: Stablecoin Market Tops $200B, Ethena and Berachain Launch Pre-Deposit Vault
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December 30th, 2024
