Research

Gate Research Daily Report: On July 7th, BTC price is currently ranging narrowly around 109,531.9 USDT; ETH is consolidating within the 2,570-2,580 USDT range. Letsbonk generated over $1 million in fee revenue in the past 24 hours, surpassing Pump.fun and Sky; Block CEO Jack Dorsey launched bitchat, a decentralized peer-to-peer chat app; UAE officials clarified that cryptocurrency investors are not eligible for the golden visa program.

Gate Research: U.S. President Trump announced 25% tariffs on South Korea and Japan, and 40% tariffs on Laos and Myanmar, once again causing turbulence in global financial and cryptocurrency markets. According to the latest data shared by Circle executive Patrick Hansen, the EU has issued MiCA licenses to 53 institutions, allowing them to operate across the 30 countries of the European Economic Area with "passporting" rights, enabling service provision without additional applications. Strategy Company announced it has signed a sales agreement to issue STRD shares to raise $4.2 billion. The BTFS v4.0 mainnet upgrade has been completed and is now fully operational.

Last week, BONK surged over 52%, fueled by optimism around its ETF application. Its launchpad, Letsbonk, surpassed Pump.fun in token issuance, and the number of holders exceeded one million. FLOKI gained more than 12% following the launch of its flagship game, VALHALLA, on the opBNB mainnet. Starknet saw renewed momentum thanks to ecosystem expansion and resonance with the BTCFi narrative. Meanwhile, xStocks sparked strong demand for on-chain equities, driving on-chain financial innovation and deeper integration with traditional assets.

Gate Research Daily Report: On July 9, BTC and ETH continued to trade sideways, with market sentiment remaining cautious. Among trending tokens, FLOKI surged 9% following the launch of its Valhalla mainnet, while RAY and MORPHO rose over 6% due to xStocks-related momentum and strong on-chain data, respectively. On the macro front, USDT0 issuance on Unichain surpassed 200 million, making it the third-largest chain by cross-chain transaction volume. Meanwhile, Truth Social filed for a blue-chip crypto ETF covering BTC, ETH, and Solana, and Ethereum advanced its EIP-4444 upgrade to reduce node storage and enhance network efficiency.

Gate Research has recently released "Analyzing the Dual Relationship Between Listed Companies and Cryptocurrencies," which examines cryptocurrencies from the perspective of listed companies and listed companies from the viewpoint of cryptocurrency projects. For different listed companies, purchasing cryptocurrencies can be divided into three core motivations: obtaining high staking yields, achieving high asset appreciation, and strategic ecosystem positioning. For cryptocurrency projects, PoW public chains need listed companies with stable cash flows as their coin hoarders; PoS public chains require internet or cloud computing companies as coin hoarders; and Infra-type projects need software security companies as their coin hoarders. Listed companies and project teams need to clearly understand their roles in the ecosystem to establish long-term cooperation and win-win mechanisms.

Gate Research Weekly: BTC up 2.39% to a record 112,000 USDT; ETH surges 8.35%. Pump.fun to launch first token sale on July 12, with Gate supporting the public offering of 150,000,000,000 PUMP tokens. Monad Foundation to acquire stablecoin infra developer Portal Labs. UK crypto platform Ziglu enters special administration due to financial collapse.

This report outlines the current mechanisms for stock tokenization in the market and presents three viable arbitrage strategies for professional investors. It also explores potential opportunities for retail investors amid the tokenization wave. Finally, it examines the trading and systemic risks involved in stock tokenization investments, emphasizing the importance of proper position sizing and risk management.

This report summarizes the Web3 fundraising landscape in June 2025. During the month, a total of 119 fundraising deals were completed, reaching $5.14 billion — the highest monthly total recorded in 2025 so far, reflecting a strong rebound in capital inflows. Fundraising activity this month was marked by high concentration and institutional dominance. The CeFi sector led the way with $3.3 billion — nearly three times the combined total of all other sectors — mainly driven by active large-scale mergers, acquisitions, and post-IPO fundraising, highlighting the accelerating integration of Web3 with traditional finance. The report also highlights major projects including Yupp, Momentum, HashPower, Avantis, and OpenTrade.

Gate Research: On March 30, BTC and ETH remained in a narrow trading range, with the market still in extreme fear. Risk appetite and liquidity have yet to recover, and capital is primarily focused on defensive positioning and existing liquidity rotation. Structural opportunities are concentrated in RWA, application-driven projects, and decentralized network infrastructure, with the gains in GF, STIK, and NKN reflecting narrative recovery and high-beta capital rotation. At the industry level, Pharos is integrating USDC and CCTP into mainnet settlement design, shifting public blockchain competition from performance toward settlement and liquidity capabilities. Meanwhile, Sui continues to improve protocol usability and security, and the launch of TxFlow’s mainnet further strengthens the trend toward integrated execution layers in on-chain finance.

Gate Research Daily Report: On March 30, the crypto market continued to trade in a range-bound consolidation, with BTC and ETH repeatedly fluctuating around key levels and no clear trend reversal. The Fear and Greed Index remains in extreme fear, and the market is still dominated by defensive positioning and short-term trading. On the market side, STIK, GF, and NKN ranked as the top three gainers among assets with market capitalizations above ten million dollars, with capital rotating structurally around sectors with clear narratives such as precious metals RWA and decentralized network infrastructure. At the industry level, Pharos and Circle are advancing the integration of USDC and CCTP into mainnet, pushing stablecoin settlement capabilities into the core design of public chains. Sui continues to improve protocol-level usability and security, while the launch of the TxFlow mainnet strengthens the trend toward integrated on-chain financial execution.

Gate Research Institute Report: From June 24 to July 7, 2025, the cryptocurrency market continues to experience high-level fluctuations, with funds accelerating rotation towards small and mid-cap tokens. Projects like BONK and REKT show a resonance of volume and price, leading to a short-term surge in popularity; some assets with increased volume but stagnant prices reflect market divergence. The structural market trend continues, and unusual trading volumes remain a key signal. Recently, projects such as Altius, Camp Network, ChainOpera, and Sapien have successively opened airdrop tasks. This article will summarize the participation methods to assist users in seizing the rebound period's dividends and layout opportunities.

Gate Research Daily Report: On July 1, BTC and ETH both fell by over 1%, a reasonable correction following the recent token price surge. Online brokerage Robinhood announced that it will allow EU clients to trade U.S. stocks and ETFs on the blockchain, with plans to transfer these tokenized stocks to its own Layer 2 blockchain, Robinhood Chain. Stablecoin issuer Circle has applied for a U.S. national banking license, enabling it to act as a custodian for USDC reserves and hold crypto assets for institutional clients. Polygon Labs, in collaboration with crypto market maker GSR, launched Katana, a DeFi-focused Ethereum Layer 2 blockchain, aimed at addressing on-chain asset fragmentation and unsustainable yields driven by high inflation.

Gate Research Daily Report: On July 14, BTC is testing the 119,000 USDT level, while ETH’s recent strong support is around 2,920 USDT with resistance near 3,000 USDT. BTC has hit new all-time highs, yet Google search interest remains lower than in previous bull markets. Meanwhile, the U.S. Congress is set to vote on several key crypto bills. Additionally, around 10,000 wallets successfully participated in the PUMP presale, with nearly 200 addresses each purchasing over one million USD worth of tokens.

Last week, MemeCore (M) surged over 550%, driven by multiple exchange listings and strategic partnerships, while Stellar (XLM) also posted gains exceeding 100%, supported by protocol upgrades and increased ecosystem activity. Sei Network’s native USDC launch helped its token price jump nearly 35% for the week. Meanwhile, Letsbonk.Fun overtook Pump.fun thanks to lower participation thresholds; despite a decline in traffic, Pump.fun still successfully raised $500 million through its PUMP token presale.

Gate Research Daily Report: On July 15, Bitcoin (BTC) surged past the 120,000 USDT mark, reaching a peak above 123,000 USDT, significantly setting a new historical high. Ethereum (ETH) also repeatedly crossed the critical 3,000 USDT threshold but failed to hold steady at this level. The PUMP token has been listed on major mainstream cryptocurrency exchanges, with its price soaring over 40% compared to its subscription price. Aave’s net deposits have surpassed $50 billion, making it the first DeFi protocol to reach this scale. Trusta announced a strategic partnership with Solana on the Solana Attestation Service and received infrastructure funding from the Solana Foundation. Kazakhstan’s Central Bank Governor Timur Suleimenov stated that the country plans to explore investing its gold and foreign exchange reserves, as well as national fund assets, in cryptocurrencies.