Research

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 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.

Gate Research Daily Report: BTC attempted to break through the 99,000 resistance level, but failed to effectively establish a foothold, falling back to $95,860. Ethereum staking volume exceeded 54 million ETH, with restaking accounting for nearly 10%. GT reached a maximum price of $17.69, setting a new all-time high. The monthly trading volume of the Uniswap protocol on the Base chain reached $15.65 billion, setting a new all-time high. US-listed company KULR launched a Bitcoin reserve, purchasing approximately 217 Bitcoins. The market value of the MIRA token soared to $80 million, becoming a new paradigm for rare disease fundraising. The decentralized AI infrastructure project ChainOpera completed a $17 million seed round of financing, led by Finality Capital Partners.

This week's featured projects include Krain, EXIUM, Gasp, MindDAO, and TaoCat. Krain focuses on the AI agent ecosystem, allowing users to earn airdrop points by completing tasks. EXIUM promotes the integration of AI and blockchain, using social tasks to attract developer participation. Gasp is dedicated to building a cross-chain asset network, offering users an early experience through interactive tasks. MindDAO specializes in mental health data, rewarding early contributors with task-based points. Network3 has already launched its airdrop campaign, requiring wallet binding before the TGE. These projects offer users diverse early opportunities and are worth paying attention to.

This report summarizes blockchain industry trends from December 23 to December 27. Wormhole announced the upcoming launch of its DAO, driving governance and staking rewards. The dYdX community approved a $4 million DEP funding plan to strengthen the decentralized derivatives ecosystem. Gate Group acquired Japan's Coin Master to expand localized services. BIO Protocol proposed “bridge $BIO to Solana“ to enhance liquidity and ecosystem impact. KULR introduced a Bitcoin treasury and purchased approximately 217 bitcoins, reflecting the growing adoption of Bitcoin among enterprises. These developments highlight the convergence of cross-chain ecosystems and traditional enterprises in the crypto space.

Gate Research Weekly Report: This week, BTC fluctuated between $99,000 and $92,600, repeatedly testing resistance levels in its upward movement. ETH displayed an ascending triangle convergence pattern, with significant resistance near $3,540. Gate.io's quantitative fund achieved a record-breaking annualized return in the industry. Runes' transaction share on the Bitcoin network fell to a new low. The BIO Protocol community proposed "Bridge BIO to Solana". Investors should monitor upcoming significant token unlocks for SUI, OP, and ZETA from public blockchains next week. Additionally, the EU's Markets in Crypto-Assets (MiCA) regulation will take effect on December 30.

Why has RWA become a hotspot in 2024, and which sectors hold high growth potential? This article analyzes the characteristics of various underlying assets and provides a panoramic view of the RWA industry.

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 blockchain 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.

While the SocialFi sector in 2024 is smaller compared to others, the strong viral potential and appeal of social projects may draw renewed global interest. This report analyzes 2024 SocialFi market performance, covering aspects like market size, user growth, key project performance, token trends, and funding conditions.

Gate Research Daily Report: ETH has bottomed out and rebounded, with its price rising by 4.93% over the past 24 hours; Bitcoin remains weak with slight price fluctuations and a small decline. Former President Trump announced that former football player Hines will serve as the Executive Director of the Presidential Advisory Committee on Digital Assets. Total BTC options open interest has fallen to $38.88 billion, with $20 billion worth of options set to expire on the 27th. The DeSci protocol Bio Protocol has released its roadmap for Q1 2025. The dYdX community has voted to approve a $4 million DEP funding plan. Avalon Labs, a company focused on the Bitcoin DeFi ecosystem, completed a $10 million Series A funding round. The decentralized stablecoin issuance platform Usual also raised $10 million in a Series A funding round.

Gate Research Daily Report: After experiencing a drop on Friday, the crypto market is consolidating at lower levels. Bitcoin (BTC) is currently priced at $95,349.2, while Ethereum (ETH) stands at $3,294.1. In December, Ethereum ETFs saw a massive inflow of $1.66 billion, accounting for 74% of the total inflows since inception, with institutional demand surging significantly. The NFT market saw a 35% increase in sales, with Ethereum leading the charge. Tether's net profit for 2024 is expected to exceed $10 billion, and the company has invested $775 million in Rumble. The Wormhole DAO is about to launch, driving W governance and staking incentives. DuckChain raised $5 million in funding, with investments from DWF Ventures, Oak Grove Ventures, and others, aiming to bring billions of Telegram users from off-chain to on-chain.

Gate Research Daily Report: On December 20th, BTC and ETH saw a downward correction, with the market sentiment remaining stable. Both Bitcoin and Ethereum ETFs experienced net outflows, while altcoins like Terminal of Truths stood out with notable gains. The U.S. stock indices showed mixed performance, with spot gold slightly rising, and the Fear & Greed Index indicating a state of market greed. Popular tokens such as USUAL, FARTCOIN, and IDOODLES (Doodles Fraction Token) garnered attention in the market. Hyperliquid reached a new trading volume high, the SEC approved new ETFs, and Deutsche Bank predicted that the Federal Reserve would not cut interest rates. MetaMask expanded its payment card pilot, while projects like Kettle Finance secured funding and Plume Network offered airdrop opportunities.

This report summarizes the developments in the blockchain industry from December 16 to December 20. The FASB fair value accounting rules have taken effect, accelerating the era of corporate Bitcoin reserves. MicroStrategy continues to increase its BTC holdings, purchasing 15,350 BTC last week. The U.S. Bitcoin spot ETF market cap has surpassed its gold ETH counterpart. Gate.io ranks fourth globally in 24H spot trading volume. MetaMask is expanding its U.S. pilot program of a crypto payment card, allowing U.S. users to pay directly from their wallets. Recent industry developments demonstrate the growing convergence between Bitcoin's ecosystem and traditional markets, signaling significant potential for future growth.

This week's featured projects include Perena, Nifty Island, Reddio, GoPlus, and Plume Network. Perena focuses on Solana ecosystem liquidity issues, allowing users to earn eligibility for future airdrops through trading; Nifty Island has opened the ISLAND/USDT trading pair, with users able to participate in subscription using GT tokens; Reddio has launched a high-performance parallel EVM testnet, allowing users to participate early by completing social and staking tasks; GoPlus emphasizes Web3 security, with users enhancing asset protection by completing daily tasks; Plume Network focuses on simplifying RWA integration, offering users the chance to experience full ecosystem features through interactive tasks. These projects offer various early participation opportunities and are worth following.

Gate Research Weekly Review & Outlook: Fed projects two rate cuts in 2025, falling short of market expectations, leading to declines in crypto markets and global stocks. Gate.io ranks fourth globally in 24-hour spot trading volume, up 46.74% from the previous day. HYPE leads the DeFi sector with a 40% increase over the past seven days. Hong Kong's SFC grants licenses to four virtual asset trading platforms through expedited procedures. Clober DEX suffers contract vulnerability attack, losing approximately $500,000. Riot Platforms adds 667 BTC to holdings, bringing total position to $1.8 billion. Metars Genesis token faces major unlock of 10 million tokens next week, investors should monitor closely.

Gate Research Daily Report: On December 18, the price of BTC rose by 0.08% in the last 24 hours, while ETH fell by 2.33%. Ethena's TVL (Total Value Locked) surpassed $6 billion, setting a new all-time high. Ohio has proposed a Bitcoin Reserve Bill, recommending the state government to establish a Bitcoin Reserve Fund. The size of the US Bitcoin Spot ETF has now exceeded that of Gold ETF. The TON Foundation, in collaboration with EVAA Protocol, has launched a DeFi incentive program, offering 100,000 TON tokens to support ecosystem growth. Gate has also launched Coinhunt Plan #1, where users can trade popular coins like VANA and MOCA to share $15,000.