Gate Research Weekly Report: This week, BTC surged past $98,000, while ETH continued to consolidate around $1,800. Fed Chair Jerome Powell indicated that inflation has declined significantly. Solana DEX trading volume has surpassed $800 billion in 2025. Polygon Labs launched CDK OP Stack integration. Revolut announced plans to roll out Bitcoin Lightning Network payments in Europe. Tether minted 1 billion USDT on Tron, bringing its total USDT issuance on the network to 14 billion in 2025.

• Market Analysis: BTC maintained its upward momentum this week, surging past $98,000, while ETH continued to trade sideways around $1,800.
• Weekly Spotlights: The Fed held rates steady once again, with Powell indicating rate cuts could be appropriate later this year under certain conditions; Revolut announced plans to launch Bitcoin Lightning Network payments in Europe.
• Data Highlights: Solana DEX trading volume surpassed $800 billion in 2025; Tether minted 1 billion USDT on Tron, bringing its total issuance on the network to 14 billion in 2025.
• Market Opportunities: Talus Network is currently running its testnet and incentive program, offering users rewards for completing tasks and participating in activities.
• Watchlist for Next Week: On May 9, ETHDam 2025 will be held in Amsterdam. As a key annual event for the European Ethereum ecosystem, it is expected to focus on privacy computing, ZK technologies, and Layer 2 scaling solutions. On May 13, the U.S. will release April’s CPI (seasonally adjusted YoY), a key inflation indicator that could directly shape market expectations for future Fed policy.

Explore More → The Fed Reserve Suspends Rate Cuts Again; Solana DEX Volume Surpasses $800 Billion in 2025丨 Gate Research

Gate Research is a comprehensive blockchain and crypto research platform, providing readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.

Disclaimer
Crypto investments involve high risks. Users are advised to conduct independent research and fully understand the nature of the assets and products before making any investment decisions. Gate.io is not liable for any losses incurred from such investment decisions.

Gate.io Team
May 8, 2025

Gateway to Crypto
Trade over 3,900 cryptocurrencies safely, quickly, and easily on Gate.io
Take Action Now
Sign up and claim up to $10,000 in welcome rewards
Invite friends and earn a 40% commission
Stay Connected
Visit Gate.io’s official website
Download the Gate.io App | Desktop
Follow us on X (Twitter) to get more bonuses
Join our Telegram community to discuss trending topics
Engage with our global community for the latest insights
Transparency & Security
Check our 100% Proof of Reserves