March 4, 2026 Top Cryptocurrencies Overview, the top three in popularity are: River, Phala Network, Pangolin

Why is the crypto market down today? Trump’s tough remarks sparked a wave of selling, and Bitcoin is approaching the key $65,000 support level

April 2, 2026, the total market capitalization of the cryptocurrency market fell 2.6%. Bitcoin dropped to $66,250, Ethereum is nearing $2,000, and major assets generally pulled back. Due to Trump making tough remarks about the Iran situation, risk-off sentiment intensified in the market, and funds are taking a wait-and-see stance in the short term. High interest rates and geopolitical risk together are weighing on prices; going forward, attention will be on developments in the Middle East and changes in macro liquidity.

Pi Network cross-chain bridge is about to launch: with multiple-chain connectivity, can Pi Coin rebound?

Pi Network is advancing upgrades to its cross-chain bridge technology to enable interoperability with other blockchains and improve the flexibility of Ji Coin’s applications. It has also introduced a KYB verification mechanism to support Web2 and Web3 enterprise onboarding. Smart contract development is underway as well; in the future, it may enable the construction of decentralized applications. If the rollout proceeds smoothly, Pi could expand into new growth opportunities in the Web3 market.

Solana non-USD stablecoin user count has grown nearly threefold year over year, with EURC and BRZ leading the way

The number of independent senders of non-USD stablecoins on the Solana chain has grown nearly threefold year over year, driven mainly by the euro stablecoin EURC and the Brazilian real stablecoin BRZ. Solana’s technical advantages have attracted the integration of multiple payment providers, reflecting a rising market demand for cross-border payments on high-throughput blockchains.

Drift Protocol suffers losses of about $280 million from a new type of attack, and management control is taken over

Drift Protocol recently suffered a complex attack. Malicious actors used the durable nonce technology to obtain unauthorized administrative privileges, resulting in approximately $280 million in funds being withdrawn. The investigation found no program vulnerabilities; it may involve social engineering. Drift has frozen protocol functionality and updated the multisig to protect assets.

USD.AI launches a token with a “non-transferable” trap; CHIP claims are open but trading is impossible

USD.AI has opened claims for the token CHIP, but trading is still not possible, which does not match the settlement standard “issue tokens” for prediction markets, resulting in settlement being “No.” The agreement is led by Framework Ventures, and although it has market momentum, there are risks in the lending model and team background that need to be assessed. The official listing date will be key to pricing.

March DEX total trading volume fell to $20.2 billion, and Solana DEX trading volume hit the lowest level since September 2024.

Gate News message, April 2, Defillama data shows that in March 2026, the total DEX trading volume was $202.0 billion, nearly dropping back to the $251.3 billion level from March 2025. During the same period, Solana DEX trading volume was about $57.3 billion, falling to its lowest level since September 2024.