[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/article/1744798966ann_en.webp) **Gate Research Daily Report: **April 16, The crypto market remained in a choppy trading range today, with Bitcoin slipping 1.54% to $83,782 and Ethereum falling 1.97% to $1,603.38. TRON reported a record-setting $760 million in Q1 revenue, signaling continued strength in on-chain activity and its stablecoin ecosystem. DeFi lending demand surged significantly, while centralized crypto lending (CeFi) saw a steep 68% decline from its 2022 peak, further highlighting the shift toward decentralized finance. On Solana, PumpSwap hit a new all-time high in daily trading volume, driven by a sharp rise in user engagement and transaction activity. Meanwhile, Polygon introduced AggLayer, a cross-chain value aggregation layer aimed at building a new paradigm for an "Internet of Value" across blockchain networks. Solana also upgraded its network by raising the per-block compute limit, boosting performance and continuing its push for scalability. - **Market Analysis**: Bitcoin fell 1.54% to $83,782, while Ethereum dropped 1.97% to $1,603.38. - **Top Performers**: The top performing altcoins in the past 24 hours were GFI, GAS, and OM, with gains of 57.49%, 40.63%, and 26.45%, respectively. - **Data Highlights**: TRON recorded $760 million in revenue in Q1. On-chain DeFi lending demand surged, while CeFi lending has dropped 68% from its 2022 peak. - **Spotlight Analysis**: Solana has raised its block compute limit, further enhancing network performance. Meanwhile, Polygon launched AggLayer, a cross-chain value aggregation layer. - **Market Opportunities**: Gradient Network is a decentralized edge computing platform built on Solana, aiming to harness shared distributed computing resources. It is currently running a points-based airdrop campaign. Explore today's details → Gate Research: CeFi Lending Drops as DeFi Lending Surges; PumpSwap Daily Volume Hits ATH **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.io 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.io is not responsible for any losses or damages resulting from such investment decisions. Gate.io Team April 16, 2025 **Gateway to Crypto** Trade over 3,800 cryptocurrencies safely, quickly, and easily on Gate.io **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.io's official website Download the Gate.io 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