[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/article/1742215832ann_en.webp) Gate Research Daily Report: March 17, Bitcoin price fell by 0.54% to $83,713.5, and Ethereum price dropped by 0.69% to $1,908.56. Solana's February revenue accounted for 57% of the overall blockchain market. The market capitalization of stablecoins is growing, with USDT remaining dominant, while USDC is expanding within the Solana ecosystem. North Korean hacker group Lazarus Group's Bitcoin holdings have become the third-largest globally. U.S. voters strongly oppose the cryptocurrency strategic reserve plan, with fiscal priorities still focused on public welfare. Argentina has officially implemented new Virtual Asset Service Providers (VASPs) regulatory rules to strengthen compliance and market stability. - **Market Analysis**: Bitcoin price dropped 0.54% to $83,713.5, while Ethereum price fell 0.69% to $1,908.56. - **Top Performers**: The most popular altcoins in the last 24 hours are BNX, QANX, and ARC, which rose by 33.07%, 23.12%, and 9.50%, respectively. - **Data Highlights**: In February, Solana accounted for 57% of total blockchain revenue. The stablecoin market cap is growing, with USDT remaining dominant, while USDC continues expanding within the Solana ecosystem. - **Spotlight Analysis**: U.S. voters generally oppose the proposed national cryptocurrency strategic reserve, with fiscal priorities still focused on public welfare. - **Market Opportunities**: *Giza's* core framework, ARMA, provides intelligent fund management solutions to enhance DeFi operational efficiency. The platform is currently running an airdrop points program to encourage user participation in ecosystem development. Explore today's details → Gate Research: Gate Research: Solana Dominates with 57% of Total Blockchain Revenue in February; Argentina Implements New VASP Regulations **Gate Research** Gate Research is a comprehensive blockchain and crypto research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis. Click the Link to learn more **Disclaimer** This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please note that Gate.io may restrict or prohibit some or all services for users from restricted regions. For more information, please read the User Agreement at: https://www.gate.io/user-agreement. Investing in the cryptocurrency market involves high risks. Users are advised to conduct independent research and fully understand the nature of the assets and products before making any investment decisions. Gate.io is not responsible for any losses or damages resulting from such investment decisions. **Gateway to Crypto** Trade over 3,700 cryptocurrencies safely, quickly, and easily on Gate.io • Visit our Official Website • Download Gate.io App / Web now • Follow us on Gate.io X (Twitter) to get more bonuses • Join our Telegram to discuss hot topics • Join our Global Community to get more updates • We provide 100% proof of reserves • Sign up to enjoy max. $10,000 in rewards exclusively for new users • Get 40% commission from referrals Gate.io Team March 17, 2025