Gate Cryptocurrency News and Market Analysis

Tokenized fund WTGXX recorded a $200.4 million market cap increase in the past week, according to data from @tokenterminal. The surge positions WTGXX ahead of competitors sUSDe and sUSDai, which saw increases of $72.9 million and $53.4 million respectively. WTGXX is a tokenized fund allowing

SXP cryptocurrency dropped 24.91% in 15 minutes to $0.0022. The rapid decline followed a high of $0.00293 earlier in the day, reflecting heightened volatility in the cryptocurrency market. The swift price movement occurred amid thin liquidity conditions, with 24-hour trading volume

ZEC led cryptocurrency liquidations in the past 24 hours with approximately $45.32 million, as part of a total $212 million liquidated across the market, according to data reported by @WuBlockchain. The liquidation surge was driven by heightened trading activity, with $156 million attributed to

Solana reported $143 million in app revenue and achieved 5.2 billion transactions in August. The surge reflects the platform's expanding ecosystem and growing appeal to developers and users. Solana introduced new payment channels enabling up to 1 million agent payments per second, positioning the hi

USDC added $584 million to its market cap over the past seven days, leading stablecoin growth this week. The surge, issued by Circle, reflects growing institutional interest in stablecoins, with USDe and PYUSD contributing $280.8 million and $149.4 million respectively to a combined $1 billion

TON surged 12.68% to $1.6 within 5 minutes, with trading volumes reaching approximately $7.7 million over the past 24 hours. No specific catalyst has been identified for the rapid price move. The surge occurs as the broader cryptocurrency market experiences mixed signals, with traders observing a ro

SECZ, a tokenized stock asset, recorded a $29.2 million market cap increase over a seven-day period, according to data cited by Token Terminal. The figure represents the largest such gain among tokenized stock assets during this timeframe. Tokenized stocks allow blockchain-based trading of

DeFi lending recorded 32 price-manipulation exploits in 2026, a record high according to a report by KuCoin. Roughly one in eight crypto hacks in 2026 are tied to such exploits. A recent incident on Cronos saw an attacker drive a thinly traded token's price up approximately 100 times in 20

Tokenized stock trading reached weekly spot volume near $3 billion early in August, according to Grayscale Investments research covering the latest week of activity. Robinhood Chain, BNB Chain, and Solana accounted for the majority of trading volume during the period, highlighting rapid expansion of

The U.S. military announced Sunday that an Iranian-linked oil tanker sank in the Gulf of Oman after American forces struck three crude carriers in retaliation for Iranian missile attacks on U.S. Navy warships. U.S. Central Command said the M/T Kylo went down after being struck Saturday, with the

Global billionaires reached a record 3,795 individuals with combined assets of $15.1 trillion as of 2025 year-end, according to Altrata's Billionaire Census 2026 released on the 6th. The 8.2% increase in billionaire count and 12.8% surge in total assets were driven by AI investment momentum and

Public Bitcoin miners reduced their realized hashrate by an estimated 56 EH/s during the first half of 2026, a 15% contraction that exceeded the 10% drop across the broader Bitcoin network, according to analysis by TheEnergyMag. The hashrate reduction reflected a strategic shift toward AI

Bitcoin hovered near $79,900 on Sunday, Sept. 6, leaving BTC within striking distance of a resistance area around $80,500. A rejection could send price back toward $78,500, while holding that support would keep a recovery toward $83,000-$84,000 in play. The short-term recovery is approaching an area

Solana is holding near $103 after reclaiming an important former resistance level around $98, keeping the near-term recovery intact despite signs that the broader correction may not be finished. Technical setups point to $110 as the next major test, while a sustained breakout could eventually

Pencil Finance, a decentralized lending protocol incubated by Animoca Brands, completed a $1 million student loan cycle entirely on-chain, from capital raising to repayment recording. Education-financing company ErudiFi issued the loans, which were funded in July 2025 by Animoca Brands, Open

Ethereum Layer 2 networks are processing 94% of all transactions across the combined Ethereum Layer 1 and Layer 2 ecosystem, with L2 and DeFi tokens outperforming major crypto sectors over the previous week. Trader Daan Crypto highlighted the rotation Sunday, excluding smaller memecoins from the com

XRP Ledger recorded fewer active trading accounts during the second quarter while per-account trading volumes surged, according to quarterly data shared by Evernorth, an XRP treasury company preparing to list on Nasdaq. Order-book trading averaged 3.57 million XRP per day during the quarter,

SK Square closed at 1,041,000 won on the previous trading day, marking a sharp decline from its 52-week high of 2,189,000 won recorded on June 23. The investment holding company, which owns the largest stake in SK Hynix, has seen its stock price halve amid concerns over SK Hynix's profitability as S

Five major South Korean banks recorded total US dollar deposits of $76.98 billion on September 3, marking the highest level since May 2021, according to financial sector data released September 6. The surge coincided with the won-dollar exchange rate falling to 1345.0 won on September 4 at 10:30

Retail investors in Korean stocks accumulated 37.796 billion won in unpaid principal after forced liquidations from January to July 2026, according to data submitted by the top 10 securities firms to the Financial Supervisory Service through lawmaker Park Dae-chul of the People Power Party on