Gate Research: ETH Shows Relative Strength, BUIDL on Avalanche Surpasses $900m

• Market Overview: The cryptocurrency market remained range-bound over the past 24 hours. BTC edged lower but continued to hold above the $63,000 level, while ETH outperformed and reclaimed the $1,800 mark. The Crypto Fear & Greed Index rose to 28, remaining in the Fear zone. Although market sentiment continued to recover from recent lows, risk appetite has yet to enter a broad-based expansion phase.
• Top Performing Tokens: The top three gainers among assets with market capitalizations above $10 million were DODO (+43.20%), BLAST (+31.29%), and DEXE (+27.51%). DODO was driven by a rebound in established DeFi assets, BLAST reflected renewed rotation into Layer 2 ecosystem tokens, while DEXE attracted capital thanks to its larger market capitalization and stronger trading activity, highlighting growing interest in DAO governance infrastructure.
• Alpha Insights: BlackRock's BUIDL fund surpassed $900 million in assets on Avalanche, underscoring the accelerating multi-chain expansion of institutional-grade real-world assets (RWAs). Bonzo Lend suffered an estimated $9.05 million loss following an oracle-related exploit, exposing persistent weaknesses in DeFi lending risk management. Meanwhile, Thailand plans to tighten oversight of large cash deposits and stablecoin transactions, signaling that regulatory efforts to combat illicit financial flows are increasingly extending to on-chain payment channels.

Discover more details today → Gate Research: ETH Shows Relative Strength, BUIDL on Avalanche Surpasses $900m

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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.

Gate Team
July 13, 2026

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