Crypto Market Overview

BTC ( +2.57% | Current Price: 114,027 USDT )

After experiencing multiple oscillations and consolidation, the BTC price has recently shown a significant upward trend, breaking through the high point of the 114,300 USD in a short period of time and currently maintaining a high level of oscillation. The short-term moving averages (MA5, MA10) have turned upward and are arranged in a bullish manner, with the price stabilizing above MA30, indicating sufficient short-term bullish momentum. The increase in trading volume combined with the rise in price indicates that the buying force is gradually increasing. If it can firmly stand above the 114,300 USD in the future, it is expected to continue the upward trend. However, it is necessary to be vigilant about the risk of falling back after a short-term surge. Once the price falls back below the 113,500 USD and the volume is insufficient, it may trigger a technical correction. The overall trend is strong. It is recommended to follow the trend and pay attention to profit taking and risk control.

ETH ( +1.87% | Current Price: 4,372 USDT )

After a period of range-bound trading, ETH has recently seen an uptrend, with the price returning to around $4,370 and briefly reaching a high of $4,450. The short-term moving averages (MA5, MA10) have turned upwards again, and the price has returned above MA30, indicating that the bulls are gradually taking the initiative. In terms of volume, there was an increase during the breakout, indicating a certain concentration of buying power. If ETH can effectively stabilize above $4,400, it may further challenge the previous high. However, if the price falls below $4,320 and the volume decreases, it may re-enter the range-bound trading. The overall trend is strong, but the continuity of the bulls still needs to be observed, and caution should be exercised when chasing the high in the short term.

GT (+0.43% | Current Price: 16.76 USDT)

GT price has recently maintained a sideways consolidation pattern, fluctuating within the 16.6 – 17 USDT range. Although it briefly tested above 17 USDT, it failed to break through effectively, indicating persistent resistance at the upper level. Short-term moving averages (MA5, MA10) remain entangled, while the price is moving closely along the MA30, reflecting an ongoing tug-of-war between bulls and bears. Trading volume has not shown a clear expansion, suggesting a cautious sentiment among investors. If the price can break above 17 USDT with strong volume and hold, it may open up new upside potential. Conversely, if it falls below the 16.6 USDT support, the market could extend its downward consolidation. Overall, GT remains in a bottom-building phase, and it is advisable to wait patiently for a clear directional move. Short-term traders should exercise strict risk management.

Tokens Heatmap

The cryptocurrency market as a whole performed positively, among which BTC rose by 2.54%, ETH rose by 1.69%, and SOL led with a gain of 4.58%. In addition, XRP also rose by 1.70%, and most tokens showed an upward trend. The market sentiment is optimistic, and the active level of funds has increased, reflecting investors’ increased confidence in the cryptocurrency market. Although some currencies have small gains, the overall market stability is good, indicating possible market growth potential.

NAORIS – Naoris Protocol (+135.19%, Circulating Market Cap: $50M)

According to Gate market data, the NAORIS token is currently priced at $0.08227, up about 135.19% in 24 hours. The Naoris protocol adopts post-quantum elasticity, real-time system verification, and decentralized trust grid, aiming to expand synchronously with the Internet and ensure the security of the digital world. The $NAORIS token is the native utility token of the Naoris protocol network and ecosystem. Under the dPoSec consensus mechanism, the $NAORIS token provides always-on device verification records, which can be shared among ecosystem participants as provable results.
The narrative core of Naoris Protocol focuses on repairing the hidden dangers of Web3 and DePIN infrastructure, emphasizing its implementation of real-time device verification, continuous monitoring of smart contracts, and post-quantum level security protection through Sub-Zero Layer. The project positioning is to fundamentally reconstruct the trust system, provide machine-level security defense with decentralized SWARM AI, and build a truly scalable and reliable infrastructure. With the official launch of the mainnet process, Naoris is not only competing with a single chain, but also providing security underlying support for blockchain, enterprises, smart cities, and even defense systems.

COOK – mETH Protocol (+48.16%, Circulating Market Cap: $16M)

According to Gate market data, the current price of COOK token is $0.01671, up about 48.16% in 24 hours. mETH Protocol is a decentralized liquidity staking and re-staking protocol launched by Mantle ecosystem, which allows users to stake ETH and obtain liquidity token mETH representing their pledged assets and returns. By publishing mETH, users can not only earn basic ETH staking returns, but also further pledge mETH to obtain liquidity re-staking token cmETH, thereby participating in re-staking protocols such as EigenLayer and expanding revenue channels.
mETH Protocol’s recently launched cmETH re-staking feature has become the focus of market attention. Users can unlock about 3% of the native income without leaving the application, and multiple re-staking rewards and COOK token incentives are added. Previously, mETH Protocol had become the first ETH LST configured by Listed Companies and was included in the Mantle Index Four core income assets, significantly enhancing its authority and market recognition. At the same time, NounsDAO commissioned 1000 ETH to support ecosystem development, promoting the adoption rate of cmETH in Bybit to increase by more than 25%, and it soared by 750% on HyperEVM.

A47 – Agenda 47 (+39.35%, Circulating Market Cap: $20M)

According to Gate market data, the current price of A47 token is $0.02091, up 39.35% in 24 hours. A47 is an AI-generated news network controlled by AI agents, committed to using AI-generated content, humor, and token economy to create a vibrant ecosystem and drive growth through participation. Through AI-generated characters, viral marketing activities, and decentralized methods, A47 is leading the integration of Web3 and digital media. AI agents obtain data from news websites, compare it with popular content on social media, and use AI to automatically create interesting short content. A47 collaborates with ecosystem partners such as Myco to monetize short content in different ways to support project development, while currently marketing the token as a meme.
A47 takes AI, political satire, and digital media as its core narrative, creating a unique communication effect with Toutiao news, selected content, and social media matrix. The project team announced that 50% of all advertising and brand integration revenue will be repurchased tokens injected into the community treasury, forming a closed loop of value accumulation and further strengthening the narrative tension of memecoin. At the same time, relying on artificial intelligence to generate characters and viral marketing, A47 is accelerating the integration of Web3 and digital media, creating a community-driven content ecosystem.As political humor and the concept of decentralized media continue to spread, market attention has rapidly increased.

Hotpot Insights

Linea completes token TGE, airdrop details announced

The Ethereum Layer 2 project Linea has officially completed token TGE on September 10th and announced the specific arrangements for airdrop collection. The eligibility for this airdrop is mainly based on the actual usage of users in LXP and LXP-L activities. The collection window starts from September 10th, 2025 and lasts until December 9th, a total of 90 days. All airdrop tokens will be fully unlocked after collection without additional attribution period. In terms of token distribution, 85% will enter the ecosystem, of which 10% will be rewarded to early users and builders, and the remaining 75% will be used as ecosystem funds.
Linea’s TGE, combined with unlocked airdrops and a large proportion of ecosystem fund investments, shows that the project focuses more on long-term ecosystem construction rather than short-term price performance. As the airdrop tokens begin to circulate, there may be some selling pressure in the market, but in the long run, ecosystem funds will become more attractive to developers and cooperation agreements.

OpenSea Foundation plans to release SEA token TGE in early October

The OpenSea Foundation announced that it will release detailed information about the SEA token TGE in early October. Starting September 15, the platform will establish a prize pool, with a portion of all transaction fees injected into it. Specifically, NFT trades will incur a 1% fee, and token trades a 0.85% fee, with 50% of this revenue allocated to the prize pool. In the future, once the OpenSea Foundation officially shares the TGE plan, the prize pool will be linked with the SEA token to create a reward mechanism.
OpenSea’s plan is essentially a “rebate-style token model”. Half of the transaction fees are returned to the prize pool, which not only increases user income expectations but also drives transaction volume before and after the TGE. However, the market still needs to pay attention to the distribution rules and release mechanism of SEA, otherwise it may cause price fluctuations due to excessive incentives in the short term.

Gate has launched a feature that allows users to earn interest on their holdings, supporting mainstream assets

On September 10th, Gate announced the launch of its Earn on Spot product. Users only need to activate this feature with one click in their spot account to automatically earn profits through their spot positions without locking their assets. The product supports multiple mainstream tokens in the first phase, including BTC, ETH, GT, SOL, POL, SUI, ALGO, DOT, ATOM, AVAX, INJ, APT, ZETA, and FLR. The calculation method for profits is: daily earnings equal to the average position multiplied by the annualized rate of return and then divided by 365. The system will start taking snapshots at 8:00 (UTC) the day after user activation, distribute profits based on the average open interest, and directly deposit them into the spot account to form daily compound interest.
Gate’s interest-bearing products balance flexibility and profitability. Users can obtain passive income without giving up liquidity, which is particularly attractive to investors who hold mainstream assets for the long term.

References

• Gate, https://www.gate.com/trade/BTC_USDT
• Gate, https://www.gate.com/trade/ETH_USDT
• Gate, https://www.gate.com/trade/GT_USDT
• Gate, https://www.gate.com/price
• CoinGecko, https://www.coingecko.com/en/cryptocurrency-heatmap
• X, https://x.com/LineaBuild/status/1963166921739653184
• X, https://x.com/HollanderAdam/status/1965098349800853956
• Gate, https://www.gate.com/announcements/article/47054

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Disclaimer

Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.