Gate Research has released its latest report, "Gate Research: February Cryptocurrency Market Review," summarizing and analyzing February's market trends, on-chain data, key events, security incidents, funding activity, and upcoming developments. This report provides deep insights into the overall performance of the crypto market and key industry trends.
Abstract
In February, the total crypto market cap trended downward, dropping from $3.6T to below $3.0T by late month, signaling increased selling pressure.
BTC fell from $100K, briefly dipping below $80K, while ETH plunged nearly 30% to around $2,200.
Sui’s active addresses grew 35.81%, reflecting ecosystem growth.
Ethena remained resilient due to its unique mechanism and high yields. TRUMP token’s on-chain volume dropped 86.9% to $5.3B.
A hacker incident drove THORChain’s volume to $860M, as stolen ETH from Bybit was converted to BTC for further transfers.
Web3 saw 134 funding deals totaling $1.02B, down 6.4%, with CeFi and blockchain services leading at $301M and $223M. Security losses hit $1.676B, mostly from account breaches and contract flaws (53.3%).
On March 5-6, 2025, ENA and RED token unlocks will reach 64% and 480% of circulating supply.
(Click below to access the full report)
Gate Research Gate Research is a comprehensive blockchain and crypto research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.
Gate Research's latest report, November 2024 Cryptocurrency Market Review, analyzes market trends, on-chain data, hot topics, security incidents, funding activity, and upcoming events, offering a deep dive into the crypto market and key industry trends.
Gate Research Monthly Report: In October, the cryptocurrency market fluctuated between a total market capitalization of $2.2 trillion and $2.5 trillion, impacted by the uncertainty surrounding the U.S. election results and geopolitical tensions. The market displayed a cautious, wait-and-see attitude. Solana saw a significant increase in daily active addresses, reaching 8.17 million on October 29, marking a month-on-month growth rate of 39.7%. The surge in MEME token trading likely contributed to the rise in on-chain active addresses. The Web3 industry attracted a total of 96 funding rounds, raising an impressive $793 million. Among these, the wallet and CeFi sectors were the most active, securing $210 million and $153 million, respectively.
Gate Research has released its latest report, "Gate Research: February Cryptocurrency Market Review," summarizing and analyzing February's market trends, on-chain data, key events, security incidents, funding activity, and upcoming developments. This report provides deep insights into the overall performance of the crypto market and key industry trends.
In February, the total crypto market cap trended downward, dropping from $3.6T to below $3.0T by late month, signaling increased selling pressure.
BTC fell from $100K, briefly dipping below $80K, while ETH plunged nearly 30% to around $2,200.
Sui’s active addresses grew 35.81%, reflecting ecosystem growth.
Ethena remained resilient due to its unique mechanism and high yields. TRUMP token’s on-chain volume dropped 86.9% to $5.3B.
A hacker incident drove THORChain’s volume to $860M, as stolen ETH from Bybit was converted to BTC for further transfers.
Web3 saw 134 funding deals totaling $1.02B, down 6.4%, with CeFi and blockchain services leading at $301M and $223M. Security losses hit $1.676B, mostly from account breaches and contract flaws (53.3%).
On March 5-6, 2025, ENA and RED token unlocks will reach 64% and 480% of circulating supply.
(Click below to access the full report)
Gate Research Gate Research is a comprehensive blockchain and crypto research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.
Gate Research's latest report, November 2024 Cryptocurrency Market Review, analyzes market trends, on-chain data, hot topics, security incidents, funding activity, and upcoming events, offering a deep dive into the crypto market and key industry trends.
Gate Research Monthly Report: In October, the cryptocurrency market fluctuated between a total market capitalization of $2.2 trillion and $2.5 trillion, impacted by the uncertainty surrounding the U.S. election results and geopolitical tensions. The market displayed a cautious, wait-and-see attitude. Solana saw a significant increase in daily active addresses, reaching 8.17 million on October 29, marking a month-on-month growth rate of 39.7%. The surge in MEME token trading likely contributed to the rise in on-chain active addresses. The Web3 industry attracted a total of 96 funding rounds, raising an impressive $793 million. Among these, the wallet and CeFi sectors were the most active, securing $210 million and $153 million, respectively.