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Gate Research Daily Report: On July 16, BTC pulled back to around 117,000 USDT, while ETH led short-term gains. Among trending tokens, EIGEN surged nearly 12% on positive developments from its collaborations with Fuel and Boundless; TAO rose nearly 8% following the launch of the wTAO airdrop and staking platform; and ENA gained over 8% after its partnership with Neutrl, which is driving new use cases for USDe.On the policy and capital front, Trump brokered a consensus to advance the GENIUS Act, with a House vote scheduled for the following morning. The bill is expected to become a key milestone in U.S. stablecoin regulation, potentially boosting institutional confidence in compliant assets like USDC. Meanwhile, the NYSE officially approved a leveraged XRP ETF, further integrating Ripple ecosystem assets into mainstream financial markets.

Last week, MemeCore (M) surged over 550%, driven by multiple exchange listings and strategic partnerships, while Stellar (XLM) also posted gains exceeding 100%, supported by protocol upgrades and increased ecosystem activity. Sei Network’s native USDC launch helped its token price jump nearly 35% for the week. Meanwhile, Letsbonk.Fun overtook Pump.fun thanks to lower participation thresholds; despite a decline in traffic, Pump.fun still successfully raised $500 million through its PUMP token presale.

Gate Research Daily Report: On July 15, Bitcoin (BTC) surged past the 120,000 USDT mark, reaching a peak above 123,000 USDT, significantly setting a new historical high. Ethereum (ETH) also repeatedly crossed the critical 3,000 USDT threshold but failed to hold steady at this level. The PUMP token has been listed on major mainstream cryptocurrency exchanges, with its price soaring over 40% compared to its subscription price. Aave’s net deposits have surpassed $50 billion, making it the first DeFi protocol to reach this scale. Trusta announced a strategic partnership with Solana on the Solana Attestation Service and received infrastructure funding from the Solana Foundation. Kazakhstan’s Central Bank Governor Timur Suleimenov stated that the country plans to explore investing its gold and foreign exchange reserves, as well as national fund assets, in cryptocurrencies.

Gate Research Daily Report: On July 14, BTC is testing the 119,000 USDT level, while ETH’s recent strong support is around 2,920 USDT with resistance near 3,000 USDT. BTC has hit new all-time highs, yet Google search interest remains lower than in previous bull markets. Meanwhile, the U.S. Congress is set to vote on several key crypto bills. Additionally, around 10,000 wallets successfully participated in the PUMP presale, with nearly 200 addresses each purchasing over one million USD worth of tokens.

Gate Research Daily Report: On July 1, BTC and ETH both fell by over 1%, a reasonable correction following the recent token price surge. Online brokerage Robinhood announced that it will allow EU clients to trade U.S. stocks and ETFs on the blockchain, with plans to transfer these tokenized stocks to its own Layer 2 blockchain, Robinhood Chain. Stablecoin issuer Circle has applied for a U.S. national banking license, enabling it to act as a custodian for USDC reserves and hold crypto assets for institutional clients. Polygon Labs, in collaboration with crypto market maker GSR, launched Katana, a DeFi-focused Ethereum Layer 2 blockchain, aimed at addressing on-chain asset fragmentation and unsustainable yields driven by high inflation.

Gate Research Institute Report: From June 24 to July 7, 2025, the cryptocurrency market continues to experience high-level fluctuations, with funds accelerating rotation towards small and mid-cap tokens. Projects like BONK and REKT show a resonance of volume and price, leading to a short-term surge in popularity; some assets with increased volume but stagnant prices reflect market divergence. The structural market trend continues, and unusual trading volumes remain a key signal. Recently, projects such as Altius, Camp Network, ChainOpera, and Sapien have successively opened airdrop tasks. This article will summarize the participation methods to assist users in seizing the rebound period's dividends and layout opportunities.

This report summarizes the Web3 fundraising landscape in June 2025. During the month, a total of 119 fundraising deals were completed, reaching $5.14 billion — the highest monthly total recorded in 2025 so far, reflecting a strong rebound in capital inflows. Fundraising activity this month was marked by high concentration and institutional dominance. The CeFi sector led the way with $3.3 billion — nearly three times the combined total of all other sectors — mainly driven by active large-scale mergers, acquisitions, and post-IPO fundraising, highlighting the accelerating integration of Web3 with traditional finance. The report also highlights major projects including Yupp, Momentum, HashPower, Avantis, and OpenTrade.

Gate Research has recently released "Analyzing the Dual Relationship Between Listed Companies and Cryptocurrencies," which examines cryptocurrencies from the perspective of listed companies and listed companies from the viewpoint of cryptocurrency projects. For different listed companies, purchasing cryptocurrencies can be divided into three core motivations: obtaining high staking yields, achieving high asset appreciation, and strategic ecosystem positioning. For cryptocurrency projects, PoW public chains need listed companies with stable cash flows as their coin hoarders; PoS public chains require internet or cloud computing companies as coin hoarders; and Infra-type projects need software security companies as their coin hoarders. Listed companies and project teams need to clearly understand their roles in the ecosystem to establish long-term cooperation and win-win mechanisms.

Gate Research Weekly: BTC up 2.39% to a record 112,000 USDT; ETH surges 8.35%. Pump.fun to launch first token sale on July 12, with Gate supporting the public offering of 150,000,000,000 PUMP tokens. Monad Foundation to acquire stablecoin infra developer Portal Labs. UK crypto platform Ziglu enters special administration due to financial collapse.

Gate Research Daily Report: On July 9, BTC and ETH continued to trade sideways, with market sentiment remaining cautious. Among trending tokens, FLOKI surged 9% following the launch of its Valhalla mainnet, while RAY and MORPHO rose over 6% due to xStocks-related momentum and strong on-chain data, respectively. On the macro front, USDT0 issuance on Unichain surpassed 200 million, making it the third-largest chain by cross-chain transaction volume. Meanwhile, Truth Social filed for a blue-chip crypto ETF covering BTC, ETH, and Solana, and Ethereum advanced its EIP-4444 upgrade to reduce node storage and enhance network efficiency.

Last week, BONK surged over 52%, fueled by optimism around its ETF application. Its launchpad, Letsbonk, surpassed Pump.fun in token issuance, and the number of holders exceeded one million. FLOKI gained more than 12% following the launch of its flagship game, VALHALLA, on the opBNB mainnet. Starknet saw renewed momentum thanks to ecosystem expansion and resonance with the BTCFi narrative. Meanwhile, xStocks sparked strong demand for on-chain equities, driving on-chain financial innovation and deeper integration with traditional assets.

Last week, BTC consolidated at high levels, with its next move yet to be confirmed, while ETH remained range-bound, gearing up for a potential breakout. The altcoin sector showed strong performance—PENGU surged over 62% in a week, fueled by ETF application news and whale orders. ARB surged over 35%, fueled by momentum from trending ecosystem projects. Solana is seeing renewed capital inflows, while the Sei network is gaining serious momentum, fueled by ETF hype, stablecoin utility, and growing institutional presence.

Gate Research: U.S. President Trump announced 25% tariffs on South Korea and Japan, and 40% tariffs on Laos and Myanmar, once again causing turbulence in global financial and cryptocurrency markets. According to the latest data shared by Circle executive Patrick Hansen, the EU has issued MiCA licenses to 53 institutions, allowing them to operate across the 30 countries of the European Economic Area with "passporting" rights, enabling service provision without additional applications. Strategy Company announced it has signed a sales agreement to issue STRD shares to raise $4.2 billion. The BTFS v4.0 mainnet upgrade has been completed and is now fully operational.

Gate Research Daily Report: On July 7th, BTC price is currently ranging narrowly around 109,531.9 USDT; ETH is consolidating within the 2,570-2,580 USDT range. Letsbonk generated over $1 million in fee revenue in the past 24 hours, surpassing Pump.fun and Sky; Block CEO Jack Dorsey launched bitchat, a decentralized peer-to-peer chat app; UAE officials clarified that cryptocurrency investors are not eligible for the golden visa program.

This report summarizes Web3 on-chain data for June 2025: Solana maintained its lead in transaction volume and active addresses, while Base remained the top Layer 2 network. Ethereum reclaimed the top spot in fee revenue through high-value interactions. Although Bitcoin’s on-chain transaction volume declined, the proportion of high-value transactions rose to 89%, indicating a shift toward institutional activity. PumpSwap surpassed $38 billion in trading volume with over 9 million active users, solidifying its position as the leading DEX on Solana. Sei saw simultaneous growth in on-chain volume and TVL, with its technical strengths and policy tailwinds driving momentum. Rising social media traction further amplified market attention.