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Gate Research (Mar 7 - 13, 2025), this report provides a comprehensive analysis of key developments in the cryptocurrency market and macroeconomics. On March 7, U.S. nonfarm employment for February increased by 151,000, slightly below expectations, while the unemployment rate reached a new high. Trump signed an executive order officially establishing the U.S. Bitcoin Strategic Reserve. On March 10, the Utah Senate passed the Bitcoin bill, but the reserve investment provisions were removed. On March 11, the SEC shifted to a crypto-friendly stance and may withdraw exchange registration requirements. On March 12, the U.S. February unadjusted core CPI annual rate recorded 3.1%, the lowest since April 2021. The SEC delayed the approval of multiple spot cryptocurrency ETFs. On March 13, the state of Nebraska in the U.S. signed a Bitcoin ATM regulatory bill.

Gate Institute (2025.3.7-2025.3.13), on March 7, Safe{Wallet} collaborated with Mandiant, a cybersecurity company under Google Cloud, to investigate the Bybit security incident, confirming its connection to North Korean hacker TraderTraitor. On March 11, the Movement Foundation announced that REX-Osprey™ had submitted an application for the MOVE ETF. On March 12, Solana's SIMD-228 upgrade proposal was approved. On March 13, the terms related to blockchain in the U.S. Securities and Exchange Commission (SEC) filings reached a historical high in February. Virtuals Protocol announced the launch of the multi-agent framework ACP.

Gate Research Weekly Review & Outlook: This week, BTC prices tested the $78,500 level twice, while ETH prices dropped to $1,750. Mentions of blockchain-related terms in SEC filings reached a record high in February. Securitize partnered with RedStone to enhance RWA data support, driving deeper development in on-chain finance. Meanwhile, Ripple obtained a Dubai license, expanding its crypto payment services to the Middle East. The BlackRock BUIDL Fund's TVL surged past $665 million, marking a new all-time high. Soneium's on-chain transaction volume reached $3.27 million, reflecting a 179% increase over seven days. Additionally, Morph Chain's TVL soared to $78 million, with BulbaSwap contributing over $71.38 million.

Cross-chain technology plays a crucial role in enabling interoperability between different blockchain networks and is essential for the advancement of Web3. Rather than simply covering well-known cross-chain bridges, this article takes a deep dive into the leading cross-chain solutions in the industry today. It explores major interoperability protocols such as LayerZero, Wormhole, and Axelar, along with emerging trends like chain abstraction, intent-based systems, and chain aggregation (Agglayer). The analysis focuses on the core principles, use cases, and market impact of these solutions. By examining cross-chain technology from a technical perspective, this article highlights its potential to enhance blockchain ecosystem interoperability and asset liquidity while offering valuable insights and forward-looking perspectives for industry professionals.

Gate Research Daily Report: March 12, Bitcoin price rose 3.52% to 82,338.6 USD, while Ethereum price rose 0.86% to 1,879.61 USD. Yei Finance TVL surpassed 170 million USD. Veda TVL surpassed 2 billion USD. Solana DEX trading volume declined 95% from its January peak. Bubblemaps released BMT tokenomics. SEC delayed multiple spot cryptocurrency ETF approvals. The U.S. February core Consumer Price Index will be released tonight, with market expectations of a slight inflation decline.

Gate Research Daily Report: On March 11, BTC price dropped 2.92% to 80,226 USD, while ETH price fell 9.62% to 1,867.95 USD. The crypto market evaporated $1.3 trillion, marking the largest quarterly pullback in history. The market capitalization of stablecoins rose to $227.17 billion, reaching an all-time high. The Thailand SEC approved USDT for compliant trading, marking a key step in digital asset regulation. Movement submitted a MOVE ETF application, with the Mainnet Beta launch driving ecosystem growth. The SEC has shifted to a crypto-friendly stance and may withdraw the exchange registration requirement.

Gate Research Daily Report: On March 10, Bitcoin price dropped 3.62% to $82,454.3, and Ethereum price fell 4.98% to $2,071.02. Level TVL surpassed 80 million USD. Fulcrom TVL exceeded 18 million USD. The market cap of stablecoins on the Sui chain broke 600 million USD, setting a new all-time high. The White House stated that the United States will become a Bitcoin superpower, marking the beginning of a golden era. The Utah Senate passed the Bitcoin bill, but the reserve investment clause was removed. The Japanese government approved cryptocurrency brokerage business and stablecoin reforms.

Gate Research Quantitative Report: Between February 18 and March 3, 2025, the market exhibited key characteristics such as BTC's heightened sensitivity, ETH's lack of momentum, and intensified deleveraging. The BTC long/short trading volume ratio fluctuated between 0.90 and 1.10, while ETH remained in the 0.85–1.05 range, indicating weak rebound strength. BTC funding rate volatility increased, accompanied by a decline in open interest and a rise in long liquidations, suggesting that the market may be undergoing deleveraging or short-term liquidity tightening, with investor sentiment leaning towards caution. Additionally, daily issuance of Solana-based meme coins dropped to 40,000, marking a 65% decline from its January peak, reflecting diminishing interest in short-term speculative assets. Backtesting of a mean-reversion strategy using the standardized MACD indicator showed that the strategy effectively identified pullback opportunities following excessive price surges, providing short-selling signals for tra

Gate Research: This week, four projects, Sake Finance, AGNT Hub, Primus, and SedraCoin, offer users opportunities to engage with the Web3 ecosystem. Sake Finance, a liquidity protocol within the Soneium ecosystem, delivers seamless DeFi services and incentivizes user participation through Sake Points. AGNT Hub merges AI and blockchain technology, establishing a centralized AI agent creation and trading platform. Primus aims to resolve data consistency challenges between blockchain and AI. By validating data and training AI models, it rewards users with PRM tokens. Sedra, a fork of Kaspa, utilizes the GHOSTDAG protocol to enhance transaction speed and network security. It also distributes SDR tokens to early supporters via the Zealy platform. These projects are still in their early stages, providing users with opportunities to contribute to ecosystem development while potentially earning rewards.

Gate Research Daily Report: On March 7, Bitcoin price dropped 4.97% to 87,612.3 USD, while Ethereum price fell 5.91% to 2,156.88 USD. Trump signed an executive order to formally establish the United States Bitcoin Strategic Reserve. Safe{Wallet} investigated the Bybit security incident and confirmed its connection to North Korean hacker group TraderTraitor. Japan's ruling party plans to reduce the cryptocurrency transaction tax rate to 20%. Aave's high-risk loans decreased by nearly $1 billion, indicating a market deleveraging trend. USDC Treasury newly minted 66.499 million USDC on the Ethereum blockchain, with circulation continuing to grow.

Gate Research: This report summarizes blockchain industry developments from March 3-7, 2025. Key highlights include: Cardano's decentralized lending protocol Liqwid has reached $112M in TVL; Soneium chain's TVL has broken its all-time high at over $50M; Solana network fees have dropped to $1.16M; USDC has become Japan's first approved USD-pegged stablecoin; Berachain leads on-chain capital inflow; and Pendle has launched a community listing mechanism to build a permissionless yield market.

This report summarizes the on-chain data situation for Web3 in February 2025. The cryptocurrency market experienced a pullback after reaching new highs, with some holders in a loss-making position. However, despite the market correction, ecosystem development continues to progress steadily. On February 6, the Berachain mainnet was officially launched. With its Proof of Liquidity (PoL) mechanism and three-token model, it quickly became a market focal point. As the Berachain ecosystem rapidly expands, the value of the $BERA token is reflected in trading activity. It is gradually becoming the core asset of ecosystem liquidity, driving on-chain applications and user growth.

Gate Research(Feb 28 - Mar 6, 2025), this report provides a comprehensive analysis of key developments in the cryptocurrency market and the broader macroeconomy. On February 28, the U.S. core PCE price index for January rose by 2.6% year-on-year, generally in line with expectations. On March 3, Trump announced an initiative to establish a U.S. crypto reserve, incorporating BTC, ETH, SOL, XRP, and ADA as core assets. On March 5, USDC became the first USD stablecoin approved for use in Japan. The White House supported repealing the crypto broker rule, potentially signaling a turning point for DeFi regulation. U.S. February ADP employment numbers unexpectedly fell to 0.077 million, falling short of expectations.

Gate Research (Feb 28 - Mar 6, 2025), on February 28, MetaMask announced a new roadmap, planning to add Bitcoin (BTC) and Solana (SOL) network support, allowing users to manage multi-chain assets in a single wallet. On March 4, the 499,000 ETH stolen from Bybit was completely laundered. Aave protocol completed its expansion, officially deploying its decentralized lending market on the high-performance blockchain Sonic. On March 6, Pendle announced the launch of a Community Listing mechanism, aiming to drive its development as a permissionless yield market.

This week, BTC briefly rebounded to $95,000 before retesting the $81,500 support level, while ETH remained in a triangular consolidation pattern. Ripple established the National Cryptocurrency Association in the U.S., Aave introduced a token buyback program and activated its fee switch to optimize its economic model, and Pendle launched a Community Listing mechanism to enable a permissionless yield market. Berachain led capital inflows, securing the top position this week, while Pump.fun's February trading volume dropped 63% month-over-month. In the NFT market, Paradise topped the rankings with a seven-day trading volume exceeding 28,000 SOL.