Announcements Gate Research: Restaking Stablecoin Protocol Level Surpasses $80M in TVL, Sui Stablecoin Market Cap Exceeds $600M

Gate Research: Restaking Stablecoin Protocol Level Surpasses $80M in TVL, Sui Stablecoin Market Cap Exceeds $600M

2025-03-10 09:42:08 UTC 3733 Read

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Gate Research Daily Report: On March 10, Bitcoin price dropped 3.62% to $82,454.3, and Ethereum price fell 4.98% to $2,071.02. Level TVL surpassed 80 million USD. Fulcrom TVL exceeded 18 million USD. The market cap of stablecoins on the Sui chain broke 600 million USD, setting a new all-time high. The White House stated that the United States will become a Bitcoin superpower, marking the beginning of a golden era. The Utah Senate passed the Bitcoin bill, but the reserve investment clause was removed. The Japanese government approved cryptocurrency brokerage business and stablecoin reforms.

- **Market Analysis**: Bitcoin price dropped 4.82% to $81,951.7, while Ethereum price fell 5.84% to $2,054.2.
- **Top Performers**: The most popular altcoins in the last 24 hours are RARE, CVAULTCORE, and B3, which rose by 49.15%, 30.48%, and 11.86%, respectively.
- **Data Highlights**: Level's total value locked (TVL) surpassed $80 million, while Fulcrom's TVL exceeded $18 million.
- **Spotlight Analysis**: The White House has stated that the U.S. is set to become a Bitcoin superpower, ushering in a new golden era.
- **Market Opportunities**: *Captain & Company* is a pirate adventure-themed MMORPG that offers players a unique seafaring experience. Holding its core currency, CNC, allows participation in governance voting to decide the development of new features.

Explore today's details   → <a href="https://www.gate.io/learn/articles/gate-research-restaking-stablecoin-protocol-level-surpasses-80m-in-tvl-sui-stablecoin-market-cap-exceeds-600m/7169?pid=Web&ch=tkxLCs9U&utm_campaign=TR_PdJc91kH&utm_content=&utm_medium=CPM&utm_source=CH_79kTf7RP&utm_term=" target="_blank">Gate Research: Restaking Stablecoin Protocol Level Surpasses $80M in TVL, Sui Stablecoin Market Cap Exceeds $600M</a>

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Gate.io Team
March 10, 2025

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Gate Research: Restaking Stablecoin Protocol Level Surpasses $80M in TVL, Sui Stablecoin Market Cap Exceeds $600M

Gate Research: Restaking Stablecoin Protocol Level Surpasses $80M in TVL, Sui Stablecoin Market Cap Exceeds $600M

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