Research

Gate Research (Feb 28 - Mar 6, 2025), on February 28, MetaMask announced a new roadmap, planning to add Bitcoin (BTC) and Solana (SOL) network support, allowing users to manage multi-chain assets in a single wallet. On March 4, the 499,000 ETH stolen from Bybit was completely laundered. Aave protocol completed its expansion, officially deploying its decentralized lending market on the high-performance blockchain Sonic. On March 6, Pendle announced the launch of a Community Listing mechanism, aiming to drive its development as a permissionless yield market.

Gate Research report indicates: In February 2025, the Web3 industry experienced 15 security incidents with total losses of $1.676 billion—a significant increase from the previous month. These incidents primarily involved contract vulnerabilities and account hacks, accounting for 53.3% of total losses in the crypto industry. Most losses occurred on the BSC blockchain. Major incidents included the Bybit exchange wallet theft, Infini's lack of strict permission controls, and ionic falling victim to a social engineering attack.

Gate Research Daily Report: On March 5, Bitcoin price rose 4.32% to 87,733.4 USDT, while Ethereum price increased 5.35% to 2,182.01 USDT. Ondo Finance TVL surpassed $1 billion. Morph TVL exceeded $20 million. Solana network fees dropped to $1.16 million. USDC became the first USD stablecoin approved for use in Japan. In February, the market capitalization of 14 Bitcoin mining companies declined 22%. The White House supported repealing the crypto broker rule, signaling a potential turning point for DeFi regulation.

Gate Research Daily Report: On March 4, BTC price dropped 9.31% in the past 24 hours, currently at 84,208 USDT. ETH price declined by 14.34%, now at 2,077 USDT. The total value locked (TVL) in the Maple Finance protocol has surpassed $400 million, reaching an all-time high. The TVL of the Soneium public blockchain has exceeded $50 million, also hitting a record high. The Bybit hacker has laundered 499,000 ETH within 10 days. The SEC has announced the personnel list for its crypto task force, aiming to clarify the regulatory framework for digital assets. CME will launch SOL futures on March 17. Aave has expanded to the Sonic mainnet, deploying its V3 lending market.

Gate Research Daily Report: On March 3, Bitcoin surged 7.37% to 92,692 USDT, while Ethereum rose 10.18% to 2,447.34 USDT. Pump.fun's February revenue dropped 38% month-over-month. CME Bitcoin futures recorded a $10,000 gap, the largest in history. Benefiting from the overall growth of the Cardano ecosystem, Liqwid TVL reached $112 million. Former U.S. President Donald Trump announced plans to establish a U.S. crypto reserve, incorporating BTC, ETH, SOL, XRP, and ADA as core assets. Cronos plans to restore 70 billion CRO tokens to boost ecosystem development. XRP's fully diluted market cap surpassed Ethereum for the first time. DA saw a significant surge. Meanwhile, Warren Buffett warned about tariff risks.

Gate Research Daily Report: On February 28, the price of Bitcoin dropped by 6.31% to 80,270.7 USDT, and the price of Ethereum fell by 9.78% to 2,106 USDT. Due to a hacker laundering incident, THORChain's trading volume surged to $860 million USD. CoW Swap's market share skyrocketed to 26%, challenging 1inch's dominance in the DEX aggregator space. The Bybit hacker laundered 50% of the stolen ETH through THORChain. MetaMask released a new roadmap, adding support for Bitcoin and Solana, and introducing smart contract accounts. Jupiter partnered with Bubblemaps to enhance transparency and reshape the DeFi ecosystem. The number of active addresses on the Solana network has decreased to 3.28 million.

Gate Research: This report summarizes blockchain industry developments from February 24-28, 2025. Pump.fun is testing its own AMM, causing RAY price to plummet; Berachain's TVL has surpassed $3.3 billion, overtaking Arbitrum and Base to become the 6th largest blockchain by TVL; Polygon's yield generation plan has raised security concerns, with Aave suspending lending potentially causing TVL outflows exceeding $300 million; Ethereum's Pectra upgrade encountered obstacles on the Holesky testnet, with finality failures potentially impacting mainnet deployment; Sonic's TVL has exceeded $600 million; and MetaMask has partnered with Transak to expand fiat on/off ramp services and add support for 10 major blockchains.

Gate Research: This week, Teneo Protocol, Monad, Sahara AI, and Sonus Exchange have all provided users with opportunities to participate in the Web3 ecosystem. Teneo Protocol connects real-world data with Web3 applications, building a decentralized data ecosystem through DePIN and AI data tokenization. Monad is dedicated to creating a high-performance EVM-compatible public blockchain and offers an interactive testnet experience to showcase its efficient performance. Sahara AI combines blockchain with AI to build an inclusive ecosystem where users can earn point rewards through data annotation tasks. Sonus Exchange, as the core liquidity hub of the Soneium ecosystem, adopts the innovative ve(3,3) model and motivates users to participate through a point-based rewards system. These projects are in their early development stages and offer users opportunities to engage in ecosystem building while potentially earning rewards.

Gate.io Pilot stands out as an innovative trading platform that bridges the gap between decentralized and centralized exchanges. By leveraging quick project screening and efficient listing processes, it opens up accessible trading opportunities for investors while helping promising projects gain valuable market exposure. In this analysis, we'll explore the platform's features and examine Gate.io's strategic approach to identifying promising on-chain opportunities.

Pump.fun is leading the charge in the memecoin launchpad trend, driving the rapid growth of emerging memecoin projects. This report delves into its unique mechanisms and key data, revealing market trends and opportunities behind the expansion of the memecoin ecosystem.

Gate Research (February 22-27, 2025): On February 21, Gate.io Launchpool introduced Rivalz Network (RIZ). The same day, Bybit experienced a major security breach with approximately $1.5 billion in ETH stolen. On February 24, Infini faced abnormal fund transfers due to internal operational errors, but fully compensated users to protect their assets. On February 25, Ethereum's Pectra upgrade hit roadblocks on the Holesky testnet, failing to reach final confirmation, which could potentially delay mainnet deployment. On February 26, the SEC officially ended its investigation into Uniswap. Also on February 26, Ondo Finance announced its integration with the Mastercard network.

Gate Research Weekly Review & Outlook: This week BTC continued its decline, reaching a low of around $82,500, while ETH broke support and entered a downtrend. The market correction triggered leveraged liquidations, with 24-hour liquidations reaching $770 million. Oklahoma's "Strategic Bitcoin Reserve Bill" (HB 1203) has passed the House committee and entered the full voting stage. StakeStone officially released its whitepaper on February 26. MetaMask partnered with Transak to expand fiat on/off-ramp services and added support for 10 major blockchains. Ondo Finance's TVL grew by 14.42% over 7 days, reaching $921 million. Bitcoin NFT protocol Ordinals' total inscriptions have surpassed 80 million.

Gate Research (Feb 22-27, 2025) presents a comprehensive analysis of significant developments in the cryptocurrency market and the macroeconomic landscape. On February 21, under the MiCA regulatory framework, 10 companies were approved to issue stablecoins in the EU. On February 25, the latest data from the U.S. Chamber of Commerce showed a sharp decline in the U.S. Consumer Confidence Index. On the same day, South Dakota vetoed the Bitcoin Reserve Bill. On February 26, Oklahoma's Strategic Bitcoin Reserve Bill (HB 1203) passed the House Committee and moved to the full vote stage. Also, on February 26, Hong Kong is set to release its second virtual asset policy declaration, aiming to strengthen regulation and foster innovation.

This report thoroughly examines the stablecoin market, providing a detailed analysis of its current state, use cases, competitive dynamics, and regulatory landscape. It covers the strengths, challenges, and future prospects of established stablecoins and emerging projects, offering valuable insights for investment decisions. The report explores how stablecoins are crucial in crypto trading, cross-border payments, and the DeFi ecosystem, and delves into their technological innovations and market potential.

Gate Research Daily Report: The price of Bitcoin has dropped by 3.05%, reaching $89,290, while Ethereum's price has increased by 0.25%, reaching $2,504.58. The total market capitalization of the cryptocurrency market has fallen below $3 trillion, a decrease of 24.1% from its peak. Sonic's TVL has surpassed $600 million. In the past 24 hours, Jupiter's fee revenue has exceeded that of Pump.fun, marking a new low since September 2024. Aave has voted to suspend lending services on the Polygon PoS chain, which could result in a loss of over $300 million in TVL. The SEC has announced the termination of its investigation into Uniswap. Hong Kong is set to release its second virtual asset policy declaration.