Gate Research Daily Report: On August 21, BTC's price rose 0.56% over the past 24 hours. After stabilizing at $112,000, BTC began a counterattack upward, with short-term resistance at $115,000. ETH surged 3.95% in the past 24 hours, driven by a technical oversold correction and institutional capital buying on dips. Hyperliquid has become the world's highest per-capita revenue company, with an annualized per-capita income of $102 million. According to the Wormhole Foundation, LayerZero proposed to acquire Stargate (STG) for approximately $110 million in ZRO, but Wormhole believes this offer undervalues Stargate’s protocol assets and growth potential. MANTRA Chain is proposing to phase out the ERC-20 version of the OM token, planning to fully migrate it to MANTRA Chain as its sole native base.
8/21/2025, 11:35:16 AM
The article explores the key elements and goals of U.S. regulatory policies. It also compares the regulatory frameworks of other regions. Readers gain a comparative, global perspective on cryptocurrency regulation.
8/21/2025, 11:03:38 AM
The article analyzes the current status and distribution of the RWA market. It highlights Arbitrum’s technical strengths, discusses key proposals driving RWA adoption, and profiles leading asset providers in the space.
8/21/2025, 11:02:46 AM
The article provides a detailed analysis of Ethereum’s role as the franchisor and the way Rollups operate as franchise branches.
8/21/2025, 10:54:59 AM
The article analyzes the current challenges in the payments sector from multiple perspectives, including issues of infrastructure customization, fragility, and scaling costs, and proposes the necessity of a payment-native blockchain.
8/21/2025, 10:51:36 AM
Figure has filed for an IPO and plans to list on Nasdaq. As a leader in the RWA sector, its mortgage and crypto-backed lending businesses have experienced rapid growth powered by the Provenance blockchain. In the first half of the year, the company turned a profit after previously operating at a loss, attracting heightened interest from capital markets.
8/21/2025, 10:49:00 AM
Paradigm proposes a new prediction mechanism called the "Opportunity Market": enabling those who discover opportunities to benefit from parties with resources who take action, without the need for traditional counterparties. Through a private pricing mechanism and incentive design, this model is expected to address issues of insufficient liquidity and information leakage in prediction markets, offering a new way for talent scouts, researchers, and institutions to connect.
8/21/2025, 10:03:13 AM
Gate Research Weekly Report: This week, BTC and ETH fell by 7.58% and 9.81% respectively, as cryptocurrencies entered a period of adjustment following a significant rally. U.S. Retail sales in July increased by 0.5% month-over-month, marking the second consecutive month of notable growth. Wormhole plans to acquire Stargate at a high price, requesting a suspension of the "LayerZero acquisition of STG" vote. MANTRA proposes to abolish ERC20 OM and adjust the token inflation rate to 8%. Bitlayer's active addresses have increased by 118% over the past 7 days, with its TVL ranking rising to the top position in the BTC L2 track. The outstanding loan volume in CeFi has reached $17.78 billion, a 14.66% increase compared to the previous period.
8/21/2025, 8:57:21 AM
In 2025, Hong Kong's crypto industry is expanding rapidly, with securities firms, asset managers, banks, internet giants, and crypto-native firms all competing for position. The dynamic interplay between innovation and compliance, ideals and reality, drives both fragmentation and integration. This process is creating a crypto-financial ecosystem with characteristics unique to Hong Kong.
8/20/2025, 10:51:25 AM
Using case studies from multiple projects, this article explains how yield-generating stablecoins allocate returns from underlying assets, providing passive income for holders. It also examines their potential to bridge the gap between DeFi and traditional finance.
8/20/2025, 10:46:10 AM
With the rise of Bitcoin treasury strategies, more and more companies are choosing to hold BTC. But how can one distinguish genuine “Bitcoin treasury companies” from short-term speculation? This article provides an in-depth analysis of the opportunities and risks of Bitcoin treasury adoption, covering aspects from corporate governance and capital logic to market impact.
8/20/2025, 10:45:52 AM
The article provides an in-depth explanation of Goblin Finance’s core features and advantages, while also exploring critical challenges in the current Aptos ecosystem—including fragmented yields, extensive idle capital, the absence of a centralized yield hub, and the increasing homogenization of LST products.
8/20/2025, 10:20:26 AM
By analyzing these key factors, the article reveals the driving forces behind the current market bull run and offers predictions on future market changes along with risk management recommendations.
8/20/2025, 10:12:53 AM
This article offers a detailed exploration of major policy initiatives—including the GENIUS Act, evolving SEC regulations, and executive orders related to 401(k) plans. It examines how these measures accelerate the advancement of stablecoins, on-chain financial infrastructure, and zero-knowledge (ZK) privacy technologies.
8/20/2025, 10:08:39 AM
Gate Research Daily Report: On August 20, the crypto market broadly entered a downward correction phase, with both BTC and ETH weakening. The state of Wyoming launched FRNT, the first state-issued stablecoin in the U.S., marking a pioneering attempt in public sector digital currencies. Solana led globally in fee stability, with its FSR far exceeding other major blockchains. Meanwhile, 1inch introduced native cross-chain swaps between Solana and EVM chains, enhancing user experience and security. Performance among narrative tokens was mixed: MNT rose 6.2% driven by ecosystem incentives and community engagement; MORPHO gained 2.5% thanks to multi-platform integration and updated yield products; LDO remained resilient, reflecting continued momentum in liquid staking.
8/20/2025, 6:12:57 AM