Gate Research: ARP surges over 70% in 24 hours｜Cathie Wood invests in ethereum treasury firm

Crypto Market Overview

• BTC (2.17%｜Current Price: 110,523 USDT)：Today, BTC maintained an overall volatile yet strong trend. After gaining support at 109,000, the price moved upward and is currently trading near 110,500. The short-term moving average MA5 crossed above MA10 to form a golden cross, showing that bullish momentum has recovered. The MACD also remains above the zero axis, though the momentum is slightly weakening, indicating that the upward force is slowing down. If the price can firmly hold above 110,200, it is expected to further challenge resistance between 111,000 and 112,000; if it falls below 109,600, it may once again test support near 109,000. Overall, BTC remains short-term bullish, but traders should be cautious about the risk of a pullback due to low trading volume.
• ETH (1.18%｜Current Price: 3,873 USDT)：Today, ETH showed a consolidating and sideways trend. After finding support around 3,750, the price rebounded slightly and is now fluctuating narrowly near 3,870. The short-term moving average MA5 has crossed above MA10, forming a mild golden cross, indicating short-term rebound momentum; however, the upper MA30 (around the 3,850–3,870 range) continues to exert pressure. The MACD lines are converging, and the red histogram bars are weak, suggesting that bullish and bearish forces are currently balanced. If ETH can break above 3,900 and hold steady, it may move further toward the 3,950–4,000 range; if it falls below the 3,840 support level, it may retest near 3,780. Overall, ETH is slightly bullish but remains range-bound; traders are advised to stay cautious with chasing highs and to monitor potential breakout directions.
• Altcoins: Most major altcoins maintained slight gains, with market sentiment leaning toward “neutral” or “buy.” Today’s Fear & Greed Index stands at 30, remaining in the fear zone, indicating relatively cautious investor sentiment.
• Macro: On October 23, the S&P 500 Index rose 0.58% to close at 6,738.44, the Dow Jones Industrial Average increased 0.31% to 46,734.61, and the Nasdaq Index climbed 0.89% to 22,941.80. As of 10:40 AM (UTC+8), October 24, the spot price of gold is $4,112 per ounce, down 0.35% in the past 24 hours.

Trending Tokens

ARP – aPriori (+70.64%｜Market Cap: $104 Million)

According to Gate market data, ARP is currently priced at $0.5662, up 70.64% in 24 hours. aPriori is building an intelligent order-flow coordination layer for high-performance blockchains. Its architecture includes an order-flow segmentation engine (which classifies trades in real time) and a traffic-aware routing engine that directs “good” orders to efficient liquidity pools while isolating risky ones to resilient paths. The system combines MEV capture and redistribution mechanisms to return value to stakers and validators, better aligning network incentives.

The recent surge is mainly attributed to a $20 million funding round that brought aPriori’s total financing to $30 million, with participation from leading investors such as Pantera Capital, HashKey Capital, and Gate Labs. This has boosted confidence in the project’s infrastructure capabilities and growth prospects. Additionally, a recent airdrop announcement heightened community expectations, fueling demand and propelling the token’s sharp rise.

XPIN – XPIN Network (+66.13%｜Market Cap: $133 Million)

As per Gate data, XPIN is trading at $0.008 with a 66.13% gain in 24 hours. XPIN Network is a leading DePIN (Decentralized Physical Infrastructure Network) project on BNB Chain, providing an AI-driven decentralized communication infrastructure for secure, efficient, and borderless connectivity. With coverage in 150+ countries and regions, XPIN integrates Global eSIM, PowerLink, and AI dNFT to enable a new era of connectivity while offering passive income opportunities. By redefining the way the world connects, XPIN is building the next-generation decentralized telecom network.

XPIN’s recent surge is driven by strong market momentum and investor enthusiasm. The project’s AI-powered DePIN narrative aligns perfectly with current sector trends, attracting significant capital inflows. At the same time, XPIN has seen rising trading activity and improved liquidity across multiple exchanges, enticing short-term investors to enter and amplifying the uptrend.

B2 – BSquared Network (+24.55%｜Market Cap: $93.83 Million)

Gate data shows that B2 is priced at $1.97, up 24.55% in 24 hours. B² Network is a modular Bitcoin scaling solution introducing B² Rollup (the first Bitcoin rollup based on zero-knowledge proof commitments), B² Hub (the first Bitcoin data availability layer achieving network finality), and MiningSquared (the first Bitcoin mining pool with automated BTC yield subscriptions).

The token’s strong rally was fueled by renewed interest in the Bitcoin ecosystem, with B² Network’s innovations seen as key to advancing BTC’s programmability. Trading volume has risen sharply, reflecting increased capital inflows and positive market sentiment. Additionally, after a period of consolidation, B2 broke out technically amid favorable news and improved liquidity, triggering a short-term surge of around 24%.

Alpha Insights

Bitcoin Reclaims $111K as Policy and Macro Factors Boost Sentiment

The crypto market rebounded on Thursday as Bitcoin rose to a daily high of $111,100 and hovered around $110,700, up about 2.7% in 24 hours. Risk appetite improved significantly after recent volatility, which saw BTC swing from $114,000 on Tuesday to below $107,000 on Wednesday. Major altcoins such as ETH, DOGE, and ADA gained 2–3%, while SOL and BNB outperformed with over 5% gains. Investors are now focused on the upcoming September CPI data, expected to guide the Federal Reserve’s rate decisions. Markets widely anticipate a 25-basis-point rate cut next week, followed by another in December, with policy easing and macro optimism driving the current market recovery.

Cathie Wood Invests in Japan’s Ethereum Treasury Firm Quantum Solutions

On October 24, 2025, Ark Invest founder and CEO Cathie Wood announced on X that she had invested in Quantum Solutions, a Japanese Ethereum treasury management firm, to expand innovation channels in global capital markets. The move was widely interpreted as a strategic step in Wood’s continued Ethereum ecosystem expansion. According to CEO Francis B. Zhou, Quantum Solutions recently purchased 2,365 ETH and plans further accumulation, bringing its total holdings to 4,366.27 ETH and 11.6 BTC. Analysts believe this investment underscores Ark Invest’s confidence in Ethereum’s long-term potential and signals that traditional capital continues to flow into blockchain innovation.

Dormant for 14 Years, “Satoshi-Era” Wallet Awakens and Transfers 150 BTC, Drawing Attention

On October 24, 2025, according to Onchain Lens, a Bitcoin wallet from the Satoshi era that had been inactive for about 14.4 years suddenly became active, sparking widespread discussion in the crypto community. The wallet originally held about 4,000 BTC (worth approximately $440 million), of which 150 BTC (about $16.56 million) were recently transferred to a new address. This rare “early Bitcoin whale” transaction has triggered speculation about the owner’s identity and motives. On-chain data shows that the same whale may have been selling BTC through another wallet that previously received 4,050 BTC (including 50 BTC from earlier transfers) from this reactivated wallet, suggesting both may belong to the same early holder or entity. Analysts noted that such long-dormant wallets becoming active often create market volatility and psychological pressure. Although the 150 BTC transferred is a relatively small amount, its symbolic significance is huge, reminding the market that early Bitcoin holdings can still influence today’s price trends.

Gate Launchpool

New Token Sale Details

• Subscription Project: Cygnus
• Token Name: CGN
• Subscription Period: November 4, 2025, 10:00 (UTC)
• Participation Method: Stake GUSD, USDT, or CGN to receive rewards for free
• Total Airdrop Supply: 6,000,000 CGN

Project Introduction

Cygnus is the first Instagram App Layer that integrates on-chain and off-chain assets to empower the creator economy. Based on Cygnus LVS, it aims to bring billions of users into Web3.


References

• Gate, https://www.gate.com/trade/BTC_USDT
• Farside Investors, https://farside.co.uk/btc/
• Gate, https://www.gate.com/trade/ETH_USDT
• Farside Investors, https://farside.co.uk/eth/
• Gate, https://www.gate.com/trade/GT_USDT
• Gate, https://www.gate.com/price
• Gate, https://www.gate.com/launchpool/BSU?pid=417
• Coindesk, https://www.coindesk.com/markets/2025/10/23/bitcoin-climbs-to-usd111k-as-whipsaw-action-in-crypto-continues
• Panews, https://www.panewslab.com/articles/c160e58c-6a95-440b-95c6-15b4a3ed6408
• Panews, https://www.panewslab.com/articles/90684fe9-08c2-4739-80c4-31980df28669

Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis.

Disclaimer
Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.