Announcements Gate Research: Polygon Completes the Madhugiri Hard Fork Upgrade｜BTC Supply on Exchanges Declines Sharply

Gate Research: Polygon Completes the Madhugiri Hard Fork Upgrade｜BTC Supply on Exchanges Declines Sharply

2025-12-10 06:14:32 UTC 8879 Read

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* Market Commentary: On December 10, BTC held above 3,290 USDT, maintaining strong short-term momentum; SOL (+3.6%) and XRP posted modest gains. Although the market remains within the fear zone, major assets showed signs of structural capital rotation, with risk appetite improving marginally compared to the previous day.
* Top Movers: PIPPIN (+66.39%) surged on renewed interest in AI-driven narratives led by Yohei Nakajima and improving market sentiment, despite the absence of clear catalyst events. WET (+37.01%) gained notable traction following its TGE launch, the release of the WaterWorld promotional video, and simultaneous support across Solana ecosystem trading platforms. PENGU (+10.46%) benefited from Pudgy Party surpassing one million mobile downloads and the launch of AI-enabled Lil Pudgys toys, further strengthening brand-driven capital inflows.
* Alpha Insights: Polygon completed its Madhugiri hard fork, boosting network throughput by over 30% and introducing adjustable block-time mechanisms alongside Ethereum’s Fusaka-series EIPs, enhancing both performance and enterprise-grade infrastructure capabilities. FLock.io, Deluthium, and Aerodrome jointly launched the CARiFIN on-chain micro-insurance platform, integrating AI-powered risk modeling, stable liquidity execution, and compliance-verified settlement into a unified infrastructure stack. Meanwhile, BTC supply on exchanges has fallen by approximately 400,000 BTC over the past year, with more coins moving into self-custody and long-term holdings—significantly reducing sell pressure and strengthening the medium-term market structure.

Discover more details today → <a href="https://www.gate.com/learn/articles/gate-research-polygon-completes-the-madhugiri-hard-fork-upgrade-btc-supply-on-exchanges-declines-sharply/14661" target="_blank">Gate Research: Polygon Completes the Madhugiri Hard Fork Upgrade｜BTC Supply on Exchanges Declines Sharply</a>

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Gate Research: Polygon Completes the Madhugiri Hard Fork Upgrade｜BTC Supply on Exchanges Declines Sharply

Gate Research: Polygon Completes the Madhugiri Hard Fork Upgrade｜BTC Supply on Exchanges Declines Sharply

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