Macrotendências

Gate Research Daily Report: On July 21, BTC entered a phase of high-level pullback and consolidation. ETH remains in a strong upward channel, reaching a local high of around $3,780. Former President Trump signed the GENIUS Act, marking the enactment of the first U.S. federal regulatory framework for stablecoins. Abstract Chain surpassed 100 million on-chain transactions. Ethereum launched the “The Torch” NFT to commemorate its 10th anniversary, with minting open to the public on July 30.

Gate Research Daily Report: On July 18, BTC traded in a narrow range while ETH broke out to a new local high, leading the major assets. The U.S. House of Representatives passed three key crypto bills, including the GENIUS Act, advancing the formation of a comprehensive crypto regulatory framework. Meanwhile, CANARY filed for a Staked INJ ETF, and Russia’s Sberbank announced plans to offer crypto custody services. Gate Launchpool introduced the L2 project Eclipse, enabling BTC/ETH/ES staking for airdrop rewards.

Gate Research Weekly Report: This week, ETH surged past $3,400 with strong momentum, while BTC underperformed compared to altcoins. USDT market cap surpassed $160 billion, hitting a new all-time high. Orca plans to launch its Launchpad by late July or early August. Aave’s TVL exceeded $30 billion, setting a new record. Pump.Fun reclaimed its position as the leading token launch platform on Solana, capturing 46.9% market share over the past 24 hours.

Gate Research: From July 1 to July 14, 2025, the crypto market maintained a moderately bullish trend. BTC continued to break through resistance and hit new highs, supported by a solid market structure and active inflows from major players. In contrast, ETH traded sideways with weaker momentum. Long-short ratios and open interest suggest a neutral-to-bullish sentiment for BTC, while ETH remained in a wait-and-see mode. Funding rates hovered near the neutral axis, reflecting overall cautious market sentiment. Liquidation patterns were orderly, with short squeezes providing upward momentum for BTC. On the policy front, continued positive developments injected liquidity and confidence into the market. In terms of quantitative strategies, the “ATR Volatility Channel Strategy” delivered over 200% returns in XRP trading, demonstrating strong short-term trading potential.

In June 2025, the total cryptocurrency market capitalization fluctuated between $3.2 trillion and $3.6 trillion, with geopolitical tensions in the Middle East temporarily weighing on market sentiment. Solana led with nearly 100 million daily transactions, followed by Base with 9.7 million. SEI surged in popularity, driven by price gains and favorable policy momentum—its daily trading volume exceeded $94 million in mid-June, with a short-term price increase of over 50%. Global crypto regulation showed growing divergence, Singapore tightened oversight of offshore services, the U.S. advanced stablecoin legislation, while South Korea and Vietnam adopted a more supportive stance. Overall, the regulatory climate showed signs of warming.

Gate Research Daily Report: On July 16, BTC pulled back to around 117,000 USDT, while ETH led short-term gains. Among trending tokens, EIGEN surged nearly 12% on positive developments from its collaborations with Fuel and Boundless; TAO rose nearly 8% following the launch of the wTAO airdrop and staking platform; and ENA gained over 8% after its partnership with Neutrl, which is driving new use cases for USDe.On the policy and capital front, Trump brokered a consensus to advance the GENIUS Act, with a House vote scheduled for the following morning. The bill is expected to become a key milestone in U.S. stablecoin regulation, potentially boosting institutional confidence in compliant assets like USDC. Meanwhile, the NYSE officially approved a leveraged XRP ETF, further integrating Ripple ecosystem assets into mainstream financial markets.

Gate Research Daily Report: On July 15, Bitcoin (BTC) surged past the 120,000 USDT mark, reaching a peak above 123,000 USDT, significantly setting a new historical high. Ethereum (ETH) also repeatedly crossed the critical 3,000 USDT threshold but failed to hold steady at this level. The PUMP token has been listed on major mainstream cryptocurrency exchanges, with its price soaring over 40% compared to its subscription price. Aave’s net deposits have surpassed $50 billion, making it the first DeFi protocol to reach this scale. Trusta announced a strategic partnership with Solana on the Solana Attestation Service and received infrastructure funding from the Solana Foundation. Kazakhstan’s Central Bank Governor Timur Suleimenov stated that the country plans to explore investing its gold and foreign exchange reserves, as well as national fund assets, in cryptocurrencies.

Gate Research Daily Report: On July 14, BTC is testing the 119,000 USDT level, while ETH’s recent strong support is around 2,920 USDT with resistance near 3,000 USDT. BTC has hit new all-time highs, yet Google search interest remains lower than in previous bull markets. Meanwhile, the U.S. Congress is set to vote on several key crypto bills. Additionally, around 10,000 wallets successfully participated in the PUMP presale, with nearly 200 addresses each purchasing over one million USD worth of tokens.

Gate Research Daily Report: On July 1, BTC and ETH both fell by over 1%, a reasonable correction following the recent token price surge. Online brokerage Robinhood announced that it will allow EU clients to trade U.S. stocks and ETFs on the blockchain, with plans to transfer these tokenized stocks to its own Layer 2 blockchain, Robinhood Chain. Stablecoin issuer Circle has applied for a U.S. national banking license, enabling it to act as a custodian for USDC reserves and hold crypto assets for institutional clients. Polygon Labs, in collaboration with crypto market maker GSR, launched Katana, a DeFi-focused Ethereum Layer 2 blockchain, aimed at addressing on-chain asset fragmentation and unsustainable yields driven by high inflation.

Gate Research Weekly: BTC up 2.39% to a record 112,000 USDT; ETH surges 8.35%. Pump.fun to launch first token sale on July 12, with Gate supporting the public offering of 150,000,000,000 PUMP tokens. Monad Foundation to acquire stablecoin infra developer Portal Labs. UK crypto platform Ziglu enters special administration due to financial collapse.

Gate Research Daily Report: On July 7th, BTC price is currently ranging narrowly around 109,531.9 USDT; ETH is consolidating within the 2,570-2,580 USDT range. Letsbonk generated over $1 million in fee revenue in the past 24 hours, surpassing Pump.fun and Sky; Block CEO Jack Dorsey launched bitchat, a decentralized peer-to-peer chat app; UAE officials clarified that cryptocurrency investors are not eligible for the golden visa program.

This report summarizes Web3 on-chain data for June 2025: Solana maintained its lead in transaction volume and active addresses, while Base remained the top Layer 2 network. Ethereum reclaimed the top spot in fee revenue through high-value interactions. Although Bitcoin’s on-chain transaction volume declined, the proportion of high-value transactions rose to 89%, indicating a shift toward institutional activity. PumpSwap surpassed $38 billion in trading volume with over 9 million active users, solidifying its position as the leading DEX on Solana. Sei saw simultaneous growth in on-chain volume and TVL, with its technical strengths and policy tailwinds driving momentum. Rising social media traction further amplified market attention.

Gate Research Daily Report: On July 4, BTC prices rebounded from around 105,000 USDT, forming a new consolidation range between 109,000–110,000 USDT; ETH is trading sideways in a tight high range between 2,560–2,600 USDT.The U.S. Senate Advances "One Big Beautiful Bill Act" Bill with Key Procedural Vote; Ondo Finance and Pantera Capital plan to launch a $250 million fund to support RWA projects; Owlto is advancing cross-chain infrastructure centered on the USD1 stablecoin.

Gate Research Weekly Report: This week, BTC rose 0.88%, underperforming altcoins overall, with $110,000 acting as a key resistance level. Gate launched the xStocks zone, featuring spot trading, perpetual contracts, and Alpha trading. Ripple, following Circle, has applied for a U.S. national bank charter, aiming to offer more crypto-related services. Bitcoin DeFi project BOB launched the BitVM Bridge testnet, supported by several major crypto firms. Ethereum’s stablecoin supply reached a record high of $135.4 billion. The first spot-staking Solana ETF debuted, recording $33 million in trading volume on its first day. Gate Launchpool introduced MAT, with a total reward pool of 40,000 MAT.

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