Gate Research Weekly Report: This week, BTC showed a downward trend while ETH entered consolidation after a double bottom. Brian Quintenz has been nominated by Trump as the next CFTC chairman. SIMD-96 has launched on Solana, enabling validators to receive full priority fees. Plume Network partnered with Mercado Bitcoin to tokenize $40 million worth of Brazilian RWA assets. Sui network's stablecoin market cap reached a record high of $500 million. SatLayer TVL hit an all-time high of $316 million. zkLend suffered an attack on Starknet, losing over $9 million.
Market Analysis: BTC price consolidated between $95,000 and $100,000, while ETH entered a range-bound pattern after a double bottom. Among popular sectors, Gaming Blockchains, AI Framework, and Cat-Themed tokens led the gains with market cap increases of approximately 10.7%, 21.9%, and 20.3% respectively.
Weekly Spotlights: Trump has nominated Brian Quintenz as the next CFTC chairman; SIMD-96 launched on Solana, enabling validators to receive full priority fees; and Plume Network partnered with Mercado Bitcoin to tokenize Brazilian RWA assets worth $40 million.
Data Highlights: Sui's on-chain stablecoin market cap exceeded $500 million and SatLayer's TVL reached $316 million, both hitting historical highs. CME's Q4 2024 cryptocurrency trading volume set a record high, with daily average volume growing over 300% year-over-year.
Market Opportunity: This week's notable airdrop project is iAgent Protocol, which combines AI with gaming, allowing users to create, own, and monetize AI agents. The airdrop uses an XP-based reward system where participants can earn points through various activities and social interactions.
What to Watch Next Week: Consensus Hong Kong 2025 will take place February 18–20. U.S. January retail sales data will be released on February 14, while U.S. January housing starts data (10,000 units, annualized) will be released on February 19.
Deep Dive into This Week's Review 👉🏻 Gate Research: Bitcoin Staking Platform SatLayer TVL Reachs Record High, Sui Stablecoin Surpasses $500M
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Gate Team
February 14, 2025
