Announcements Gate Research: Market in Extreme Fear, Stablecoin Real Payment Share Below 0.02%

Gate Research: Market in Extreme Fear, Stablecoin Real Payment Share Below 0.02%

2026-01-26 07:03:02 UTC 9111 Read

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* Market review: On January 26, crypto market sentiment fell into the extreme fear zone, with major assets broadly under pressure and risk appetite continuing to contract. After an emotion-driven sell-off, BTC found support around USD 86,000 but remains below its medium-term moving averages; ETH broke below its previous consolidation range, with volatility expanding significantly. Overall, the market remains in a phase of correction and heightened fear.
* Hot tokens: TAIKO surged sharply, driven by progress in technical upgrades and strong buying interest from the Korean market; AUCTION posted notable gains on the back of expanding trading volume and a technical breakout; BOB moved higher against the broader trend amid staking-driven supply constraints and a technical rebound, indicating that localized alpha opportunities persist even in a weak market environment.
* Alpha insights: The SocialFi narrative is rapidly unwinding, with social tokens broadly down more than 90%; Bitcoin payments are seeing accelerated offline adoption in Las Vegas and other locations, leading to marginal improvements in payment cost structures; meanwhile, on-chain stablecoin settlement volumes continue to expand, but real-world payment usage remains below 0.02%. The market is shifting from high-valuation narratives toward a reassessment focused on real demand and execution.

Discover more details today → <a href="https://www.gate.com/learn/articles/gate-research-market-in-extreme-fear-stablecoin-real-payment-share-below-0-02/16030" target="_blank">Gate Research: Market in Extreme Fear, Stablecoin Real Payment Share Below 0.02%</a>

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