Alpha Mining: BTC has fluctuated downwards after reaching a high of $117,902, showing a weak consolidation pattern in the short term; ETH has continued to weaken after falling from its high of $4,766, recently experiencing a significant drop and breaking below the box support, reaching a low of $4,283, close to the previous low of $4,211. Among altcoins, DEXE surged over 58.30%, showing impressive performance; IP and IMX also recorded increases of 41% and 13% respectively, rising against the trend in the short term.
On-chain funds: The trading volume of Avalanche RWA has surged by 130% in the past 30 days, with its market share climbing to 2.69%. It has achieved breakthroughs in the fields of stablecoins, cross-chain assets, and ETFs, coupled with a $1 billion reserve plan, leading to a significant rebound in ecosystem enthusiasm. The Perp DEX sector continues to thrive, accelerating towards a phase of explosive growth, with trading volumes hitting new highs frequently.
This report will conduct an in-depth analysis of the aforementioned trends and provide detailed market data and technical interpretations. You are welcome to click to view the complete report, accurately grasp market dynamics, obtain forward-looking strategic perspectives, and explore the next round of potential opportunities.
(Click below to get the full report)
[Gate Research Institute](https://www.gate.com/learn/category/research) is a comprehensive blockchain and cryptocurrency research platform that provides readers with in-depth content, including technical analysis, trending insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.
Disclaimer
Investing in the cryptocurrency market involves high risks. Users are advised to conduct independent research and fully understand the nature of the assets and products being purchased before making any investment decisions. Gate shall not be liable for any losses or damages arising from such investment decisions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Gate Research Institute: IP rise exceeds 41%, Avalanche RWA share increases, Perp DEXs heat up | Gate VIP Weekly Report
Highlights of Last Week's Market Overview
Alpha Mining: BTC has fluctuated downwards after reaching a high of $117,902, showing a weak consolidation pattern in the short term; ETH has continued to weaken after falling from its high of $4,766, recently experiencing a significant drop and breaking below the box support, reaching a low of $4,283, close to the previous low of $4,211. Among altcoins, DEXE surged over 58.30%, showing impressive performance; IP and IMX also recorded increases of 41% and 13% respectively, rising against the trend in the short term.
On-chain funds: The trading volume of Avalanche RWA has surged by 130% in the past 30 days, with its market share climbing to 2.69%. It has achieved breakthroughs in the fields of stablecoins, cross-chain assets, and ETFs, coupled with a $1 billion reserve plan, leading to a significant rebound in ecosystem enthusiasm. The Perp DEX sector continues to thrive, accelerating towards a phase of explosive growth, with trading volumes hitting new highs frequently.
This report will conduct an in-depth analysis of the aforementioned trends and provide detailed market data and technical interpretations. You are welcome to click to view the complete report, accurately grasp market dynamics, obtain forward-looking strategic perspectives, and explore the next round of potential opportunities.
[Gate Research Institute](https://www.gate.com/learn/category/research) is a comprehensive blockchain and cryptocurrency research platform that provides readers with in-depth content, including technical analysis, trending insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.
Disclaimer Investing in the cryptocurrency market involves high risks. Users are advised to conduct independent research and fully understand the nature of the assets and products being purchased before making any investment decisions. Gate shall not be liable for any losses or damages arising from such investment decisions.