[//]:content-type-MARKDOWN-DONOT-DELETE ![0414](https://gimg2.staticimgs.com/image/article/1744627730ann_en.webp) Gate Research Daily Report: April 14, Bitcoin declined to $84,514, while Ethereum fell to $1,619. Despite the broader market pullback, on-chain activity remains strong, with Ethereum setting a new record by processing $1.18 trillion in stablecoin transfers over the past 30 days—highlighting continued capital flow and user engagement. In contrast, the NFT market continues to shrink, as both trading volumes and active user numbers have declined sharply. The SEC has proposed a new crypto regulatory sandbox, signaling a potential shift toward more flexible and innovation-friendly policymaking. At the same time, Pump.fun has seen its daily trading volume collapse by 99%, and its token "graduation rate" has slowed significantly, reflecting a cooling of speculative fervor on the Solana network. Amid these developments, Gate has announced a major brand revamp, unveiling its new Chinese name "Damen" (meaning "The Gate"), which represents its commitment to embracing the next wave of growth in the Web3 era. - **Market Analysis**: Bitcoin fell 1.39% to $84,514, while Ethereum declined 1.16% to $1,619. - **Top Performers**: The top performing altcoins in the past 24 hours were RFC, AERGO, and ALCH, gaining 65.41%, 25.76%, and 21.71%, respectively. - **Data Highlights**: Over the past 30 days, Ethereum processed $1.18 trillion in stablecoin transfers. Meanwhile, NFT trading volume dropped 4.7% last week. - **Spotlight Analysis**: Gate just dropped a full rebrand for its 12th anniversary. Meanwhile, the "graduation rate" of Pump.fun tokens is slowing down. - **Market Opportunities**: BugsCoin is an innovative platform focused on Web3 financial education. It has completed a $12 million Series A round, which will support its global expansion and the development of localized educational programs. Explore today's details → Gate Research: Gate Officially Adopts New Chinese Name **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. Click the Link to learn more **Disclaimer** This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit some or all services for users from restricted regions. For more information, please read the User Agreement at: https://www.gate.io/user-agreement. Investing in the cryptocurrency market involves high risks. Users are advised to conduct independent 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 resulting from such investment decisions. Gate Team April 14, 2025 **Gateway to Crypto** Trade over 3,800 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves

Gate Research: Gate Officially Adopts New Chinese Name "Damen", Ethereum Stablecoin Transfers Hit $1.18 Trillion; OM Flash Crashes

Gate Research: Gate Officially Adopts New Chinese Name "Damen", Ethereum Stablecoin Transfers Hit $1.18 Trillion; OM Flash Crashes