Announcements Gate Research: BAGS Seven-Day Revenue Surpasses LetsBonk | Cryptocurrency Market Cap Hits New All-Time High, Exceeding $4.1 Trillion

Gate Research: BAGS Seven-Day Revenue Surpasses LetsBonk | Cryptocurrency Market Cap Hits New All-Time High, Exceeding $4.1 Trillion

2025-08-11 09:20:54 UTC 65198 Read

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* Market Commentary: On August 11, after a period of sideways consolidation, BTC price broke above the $121,200 mark; ETH also surpassed the $4,343.23 resistance level.
* Trending Tokens: Benefiting from sector tailwinds and innovative narratives, the zero-knowledge proof project ZKJ surged dramatically by 77.01% following strategic partnerships and new product launches. LDO and ENA performed strongly as well, rising 14.05% and 11.56% respectively, driven by buyback expectations and a strengthening Ethereum ecosystem.
* Alpha Insights: The Solana ecosystem meme coin launchpad BAGS outperformed letsBONK.fun with its seven-day revenue; Bitcoin’s market cap surpassed Amazon’s to rank sixth globally; the total cryptocurrency market cap reached a new all-time high above $4.1 trillion; and the LayerZero Foundation proposed a $110 million acquisition of the Stargate cross-chain bridge and its STG token.
* Gate Launchpool: Gate platform currently offers a subscription for Baby Shark Universe (BSU). Users can stake BTC or BSU to claim a free airdrop of 1,019,541 BSU before 10:00 (UTC) on August 16, 2025. Baby Shark Universe (BSU) is a hybrid entertainment platform leveraging the globally renowned “Baby Shark” IP, bridging Web2 and Web3. Targeted at mass adoption, BSU is building a family-friendly ecosystem encompassing gaming, NFTs, and metaverse experiences.

Discover more details today → <a href="https://www.gate.com/learn/articles/gate-research-bags-seven-day-revenue-surpasses-lets-bonk-cryptocurrency-market-cap-hits-new-all-time-high-exceeding-4-1-trillion/11086" target="_blank">Gate Research: BAGS Seven-Day Revenue Surpasses LetsBonk | Cryptocurrency Market Cap Hits New All-Time High, Exceeding $4.1 Trillion</a>

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August 11, 2025
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Gate Research: BAGS Seven-Day Revenue Surpasses LetsBonk | Cryptocurrency Market Cap Hits New All-Time High, Exceeding $4.1 Trillion

Gate Research: BAGS Seven-Day Revenue Surpasses LetsBonk | Cryptocurrency Market Cap Hits New All-Time High, Exceeding $4.1 Trillion

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