[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/ann_en_20250902_135059_0bd50b643d2c49eae89611ce2e0bb12e.webp) * Market Commentary: On September 2, Bitcoin fluctuated higher, reaching a peak of 109,700 US dollars and breaking above the 110,300 level; Ethereum stabilized after a pullback and is currently consolidating in the 4,350–4,380 US dollars range. * Trending Tokens: JELLYJELLY surged 30.25% in 24 hours, driven by product expectations and capital inflows; ELA rose 22.63% on progress in its Bitcoin-backed stablecoin ecosystem; ESPORTS gained 21.42% as new listings on major exchanges boosted liquidity. * Alpha Insights: The market cap of gold-backed tokens surpassed 2.57 billion US dollars as safe-haven demand grew; Dogecoin fluctuated between 0.21–0.22 US dollars with institutional volumes exceeding 800 million DOGE; Solana’s community approved the Alpenglow upgrade proposal, marking a comprehensive overhaul of its consensus, economic, and security models. Discover more details today → Gate Research: Solana Undergoes Historic Restructuring ｜ Bitcoin Edges Higher Amid Volatility 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.
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