Gate Research Institute: Sei ecosystem accelerates, multiple favourable information drives LINK pump, Aave borrowing scale hits historic high | Gate VIP Weekly Report

Highlights of Last Week’s Market Overview

Alpha Mining: BTC quickly dropped back to the lower channel boundary around the 115,500–115,800 range after reaching a new high; ETH corrected after hitting a new peak of 4,790 USD. In terms of altcoins, Mantle (MNT) rose 20.78% over the last 7 days; Chainlink (LINK) increased by 11.37%, bolstered by its partnership with ICE, a new high in TVS, and whale buying, further strengthening its leading position in the oracle sector.

On-chain funds: Sei Network maintains strong momentum with rapid growth in stablecoins and institutional layouts, consistently ranking first in activity among EVM public chains, gradually establishing its position as a high-performance on-chain financial infrastructure; Aave’s borrowing scale has surpassed $25 billion, with deposits entering the top 40 of American banks, showcasing the accelerated penetration and diversified development of DeFi lending.

This report will conduct an in-depth analysis of the trends mentioned above and provide detailed market data and technical interpretations. You are welcome to click to view the full report, accurately grasp market dynamics, gain a forward-looking strategic perspective, and explore the next round of potential opportunities.

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