Gate News Bot Report, February 11 — According to CoinMarketCap data, at press time, STG (Stargate Finance) is trading at $0.20, up 26.50% in the past 24 hours, with a high of $0.21 and a low of $0.12. The 24-hour trading volume reached $78.3 million. The current market cap is approximately $135 million, an increase of $28.3 million from yesterday.
Recent Important News on STG:
1️⃣ Changes in Cross-Chain Bridge Competition Landscape
Stargate Finance, as a leading cross-chain liquidity protocol, is facing significant adjustments in its market position. The LayerZero Foundation has proposed acquiring Stargate, reflecting a trend of consolidation in the cross-chain communication infrastructure sector. This deal’s valuation is closely related to the market’s reassessment of Stargate’s core value, directly supporting the price of the STG token.
2️⃣ Multiple Acquisition Bids Boost Market Expectations
Wormhole project has followed with competing acquisition offers, creating a multi-party bidding situation. This intense competition indicates increased recognition among market participants of the strategic value of Stargate’s cross-chain infrastructure, further strengthening investor confidence in the project’s development prospects and serving as a key psychological support for recent price increases.
3️⃣ Signs of Revival in the Cross-Chain Sector
Against the backdrop of renewed market interest in Web3 infrastructure, Stargate, as a representative of cross-chain liquidity solutions, has attracted strategic investments from several major projects. This reflects the growing importance of cross-chain technology within the DeFi ecosystem, driving increased attention and trading activity in the entire niche.
This message is not investment advice. Investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Meta Plans Stablecoin Comeback in 2026 with Payments Across Facebook, Instagram, and WhatsApp
Meta is weighing integrating stablecoins into its family of social media platforms, including Facebook, Instagram, and WhatsApp.
A company spokesperson stressed that the company has no plans to issue its own stablecoin after previous crashes with regulators.
Social media giant Meta is
CryptoNewsFlash28m ago
Polygon Strengthens Global Payments Role with Brazil’s BBRL Stablecoin Launch
Grupo Braza, one of Brazil’s largest foreign exchange banks, has launched BBRL, a new stablecoin on the Polygon network.
BBRL is backed by reals in reserve, expanding the reach of Brazil’s national currency in global digital finance as CBDC development slows down.
Grupo Braza, one of Brazil’
CryptoNewsFlash32m ago
PayPal, MoonPay, and M0 jointly launch PYUSDx, supporting the creation of custom stablecoins within applications
PayPal partners with MoonPay and M0 to launch PYUSDx, aimed at supporting developers in creating stablecoins anchored to PayPal USD. This tokenization framework allows for rapid deployment of customized stablecoins, with the first application in the DeFi protocol USD.ai. Additionally, the PYUSDx token is independent of PayPal USD and cannot be used directly within its accounts.
GateNews1h ago
Axelar Integrates Hedera to Expand Cross-Chain Access for Onchain Finance
Axelar has integrated Hedera, giving developers and users of multiple networks access to its technology and liquidity.
Hedera-based DEX SaucerSwap and Axelar-powered cross-chain swap platform Squid are building solutions spanning both networks.
Decentralized interoperability network Axelar h
CryptoNewsFlash2h ago
Pantera and Franklin Templeton join Sentient Arena to collaboratively test the performance of enterprise-level AI agents
Sentient has launched Arena, a testing environment for evaluating the performance of AI agents in complex enterprise workflows. The platform tests AI by simulating real-world conditions, helping developers identify issues, and will release leaderboards and test reports to summarize failure modes and solutions.
GateNews2h ago