New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
The market these days has been quite turbulent. It's Friday, and BTC is still swinging around. Honestly, every week sees several ups and downs. Without a Christmas rally, we'll have to wait until next year.
ETH has finally risen back above 3000. Following Bitcoin's lead is standard practice. Frankly, no one can go it alone now; only a broad market rally can push prices higher. Let's see if it can break further upward.
On-chain data for SOL has recovered nicely, and the wealth effect is indeed taking hold. The problem is that people lack confidence and can't hold onto their positions. The mentality of quick profits is too strong.
The macro environment is also worth paying attention to— the probability of the Federal Reserve maintaining interest rates in January at 85.1% directly impacts market liquidity. Additionally, some voices suggest that if a well-known investor's strategy product is included in the S&P 500, the decline in 2025 could rank as the sixth worst among indices.
An interesting on-chain development is that an address, after over 12 months of silence, has recently unstaked 631,900 HYPE tokens over the past three days through three different wallets, worth approximately $20.3 million. This accounts for about 14%-15% of its total holdings. Even more interesting is that these HYPE tokens were purchased within three weeks after TGE, with funds traced back to Tornado Cash. Large wallet movements often hint at something, so stay alert.
On the infrastructure layer, the Runes index issue for a certain DEX wallet has been fixed, and services are back to normal. Although such fixes are technically complex, they help stabilize the ecosystem.
The CEO of a compliant platform revealed that their Base app focuses not on trading but on social trading experiences. Its positioning and main application are clearly different. There is room for imagination, but it depends on execution.
BNB Chain released its 2025 review data: the total number of unique addresses surpassed 700 million, and TVL grew by 40.5% throughout the year. This indicates that ecosystem activity is steadily increasing.
Overall, the market is still trying to find its rhythm. The data looks good, but confidence still needs to be built up. Continuing to observe tomorrow.