Research

This report analyzes the strengths and weaknesses of two one-click token issuance platforms from multiple dimensions, including product, narrative, trading, and operations. Pump.fun, leveraging its experience from multiple product iterations, has established a significant first-mover advantage in product design, meme narrative construction, and liquidity management. Letsbonk.fun, as an emerging competitor, keenly identified shortcomings in Pump.fun's incentive mechanism and successfully diverted some of Pump.fun's traffic by adopting a profit-sharing cooperation model with project parties.

Gate Research Institute Weekly Report: This week, BTC traded within a narrow range, ETH/BTC showed minor fluctuations, and popular sectors (AI, Meme, DeFi) saw notable corrections. Falcon USDf supply exceeded $500 million. The SEC postponed approval for the SUI ETF. Circle’s IPO valuation reached $6.9 billion. Pump.fun is seeking $1 billion funding to become a unicorn, and the Gate Launchpool SOPH event remains ongoing.

On June 4, BTC continued to trade within a narrow range, while ETH remained relatively resilient. Yesterday, ETH ETFs saw a net inflow of $109 million, bringing the total inflow over the past 12 trading days to $744 million. Altcoins showed mixed performance, lacking a unifying narrative. HYPE has surged 84.56% over the past month, now just shy of its all-time high in USD terms. Falcon Finance's stablecoin supply has surpassed $500 million, with a governance token potentially on the horizon.

Gate Research Daily Report: On June 3, BTC surged and then pulled back, suggesting short-term consolidation may continue. ETH ETF inflows remain strong, with the next key resistance around $2,700. Altcoins showed mixed performance, lacking a unified narrative. Pendle’s cumulative trading volume surpassed $50 billion, with TVL reaching $4.43 billion. Global public companies made a net purchase of $196 million in BTC last week, with MicroStrategy increasing holdings for the 8th consecutive week.

Gate Research Daily Report: On May 30, Rain expanded stablecoin Visa cards to Solana, Tron, Stellar; Vance called stablecoins a pillar of U.S. diplomacy; ZBCN, DEXE, WHITE surged.

Gate Research: Between May 13 and May 26, 2025, BTC broke above 110,000 USDT to reach a new all-time high and maintained an upward trend, while ETH entered a consolidation phase. Open interest in both BTC and ETH increased, indicating continued capital inflows; however, the LSR did not strengthen, suggesting market sentiment remained cautious. ETH funding rates showed greater volatility than BTC, with signs of localized short-side pressure in the near term. Overall liquidations in the derivatives market were dominated by long positions, reflecting strong buying interest during the high-level consolidation. The quantitative analysis applied a "Bollinger Band Reversal Strategy", which delivered an annualized return exceeding 66% on ETH under the optimal parameter set.

This report provides an in-depth analysis of the ongoing transition in the blockchain landscape—from a “multi-chain free-for-all” to a “stock-based competitive game.” It focuses on the differentiated strategies of seven representative blockchains: Sonic, Berachain, Abstract, Sui, Hyperliquid, Unichain, and Sei Network. The report highlights that by 2025, Layer 1 blockchain competition has entered a new phase characterized by the triad of performance, application-specific scenarios, and incentive mechanisms. It emphasizes that technological innovation, enhanced user experience, and the sustainability of ecosystem incentives are key factors for project success. At the same time, the report also points out security challenges faced by projects such as Sui, especially in the aftermath of the Cetus exploit.

Gate Research Weekly: This week, BTC briefly surpassed $110,000 before pulling back, with short-term market action dominated by sideways volatility. The ETH/BTC pair saw a slight rebound, while $2,700 emerged as a short-term resistance level for ETH. Grayscale launched a new AI asset segment, featuring tokens such as VIRTUAL, KAITO, and AIXBT. Trump Media & Technology Group announced a plan to establish a Bitcoin treasury worth approximately $2.5 billion. SOL balances on centralized exchanges dropped to 27.01 million, approaching the lowest level since October 2022. ELDE has been listed on Gate Launchpool, with a total reward pool of 1,000,000 ELDE tokens.

Gate Research Daily Report: On May 28, MetaMask integrated Solana network; Cantor Fitzgerald launched $2B BTC loan plan; Grayscale unveiled AI crypto sector; PFVS, WCT, VIRTUAL tokens surged.

Gate Research Daily Report: On May 27, BTC and ETH saw pullbacks; SEC & Nasdaq discuss tokenization; MOVE token claim opens; QNT and JUP post strong gains.

Gate Research Daily Report: On May 26, BTC pulled back after breaking above $111,000; ETH ETF saw $58M inflow; Qatar plans real estate tokenization; Solana launches SAS.

This report deeply analyzes the development trajectory of the Circular on Virtual Asset Trading Platforms Providing Staking Services policy, examining the specifics of ETH staking returns, changes in capital flows for Hong Kong’s Ethereum spot ETFs, and the future prospects of Hong Kong’s Ethereum ecosystem alongside the development of the Real-World Asset (RWA) sector.

Gate Research Report: Market Performance & Airdrop Opportunities from May 5 to May 19, 2025. During this period, the crypto market saw a notable rebound, with total market capitalization rising over 14% and Bitcoin gaining more than 11%. Narrative-driven mid and small-cap tokens performed particularly well, led by LAUNCHCOIN, which surged over 5,500%. Against this backdrop, projects such as Kadena, Camp Network, Avalon, and Coinshift launched airdrop campaigns. This report provides a brief overview of participation methods to help users capture airdrop rewards and identify strategic opportunities during the market recovery.

Gate Research Daily Report: On May 23, As BTC surpassed $111,000, a new wave of optimism emerged in the market; ETH ETF inflows hit a recent high; SUI suffered significant losses due to a smart contract attack; meanwhile, Ondo Finance launched an innovative securities trading platform on Solana.

This report introduces a systematic, data-driven "Meme Coin Lifecycle Research Toolkit." By integrating on-chain data, community activity, and market sentiment, it helps investors identify key signals, anticipate risks, and navigate market cycles. It also assists policymakers in understanding meme coins' evolution and systemic risks. The report details signal patterns, data characteristics, and threshold values for each stage, offering a practical guide for lifecycle-based investment strategies to enable proactive decision-making.