Gateway to Learning

Gate Research Daily Report: On June 9, BTC consolidated around $100,500 with dominance at 63.9%. ETH oscillated near $2,500, ETH/BTC rate stayed low, and ETH's market share slightly rose to 9.27%. Altcoins saw mixed moves as market sentiment cooled. U.S. stocks surged while gold edged down. Hot tokens like KAIA, VICE, and UMA showed strong performance. Nasdaq proposed expanding its crypto index, Uniswap v4 trading volume surpassed $40B, and Australia's first spot BTC ETF holdings kept rising. Gate Launchpool introduced a new GameFi project, YBDBD.

This report summarizes Web3 on-chain data for May 2025. Solana remained dominant with over 3.1 billion transactions, while Base saw explosive growth, surpassing 300 million transactions in a single month. Injective led among emerging blockchains with $130 million in net inflows. Bitcoin’s Accumulation Trend Score stayed elevated, indicating continued accumulation by major players, as exchange interaction rose to 33%. LetsBonk.fun recorded over 105,000 tokens launched, with a graduation rate of around 1.25%. $VIRTUAL saw significant growth in both user activity and gas fees, reflecting strong real usage momentum.

Gate Research Daily Report: On June 6, this morning, BTC briefly dropped to around $100,500, while its market dominance climbed to 63.9%, marking a new four-year high. ETH saw a sharp decline, breaking below the midline of the daily Bollinger Bands, with the ETH/BTC ratio falling below 0.024 today. ETH's market dominance has dropped to 9.2%. Altcoins also experienced a broad sell-off, with some tokens falling back to cycle lows. Circle surged 168.48% on its IPO debut, with a trading volume of $3.941 billion. Meanwhile, a clash between Elon Musk and Donald Trump triggered sharp declines across both U.S. equities and the crypto market.