[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.staticimgs.com/image/ann_en202506261620576451265424.webp) This week, the crypto market saw a notable rebound. BTC rose strongly by 2.77%, breaking through a key resistance level, and its bullish technical formation suggests potential for continued upside. The altcoin sector also broadly recovered, with SEI leading the gains with a surge of over 50%. Meanwhile, the number of weekly active users for Ethereum-based stablecoins hit an all-time high, indicating growing utility in crypto finance. - Market Commentary: BTC climbed 2.77% this week, breaking through the $107,000 resistance level. The bullish candlestick pattern suggests further upward momentum, with a short-term target of $110,000. In contrast, ETH dropped 1.37% and continues to face strong resistance at the upper bound of the $2,500 consolidation range, likely resulting in continued sideways movement in the near term. As geopolitical tensions in the Middle East eased, altcoins staged a broad recovery, with SEI leading the pack with a 50.70% weekly gain. - Weekly Highlights: A U.S. SEC commissioner confirmed that the Bitcoin ETF in-kind redemption mechanism is under review, potentially streamlining institutional participation. Bit Digital announced its pivot to become an Ethereum staking-focused firm, marking a major new entrant in the ETH staking space.Lumia and Avail partnered to launch a cross-chain RWA solution, accelerating the implementation of modular RWA infrastructures. - Key Data Highlights：The number of weekly active users for Ethereum stablecoins surpassed 750,000 for the first time, setting a new record. USDT and USDC remain market leaders. Bitcoin ecosystem Web3 social platform MetaSo exceeded 100 million on-chain interactions and introduced a 'secondary distribution' incentive mechanism to further boost user engagement. BitGo’s custody of crypto assets exceeded $100 billion, reflecting sustained institutional demand for crypto custody and staking services. - Market Opportunities: This week, watch Mango Network (MGO) on Gate Launchpool, offering a pool of 8.4 million MGO and an annualized yield of 1,781.15%. - Next Week to Watch: Several major token unlocks are scheduled over the next 7 days, potentially affecting market liquidity and pricing: SUI will unlock tokens worth approximately $120 million, about 1.3% of its total locked supply. BLAST is set to unlock around $22.76 million worth of tokens, representing a relatively high 34.5% of its total locked supply.OP will unlock approximately $17.11 million worth of tokens, accounting for 1.8% of its circulating supply. Investors should closely monitor these events as they may impact token price dynamics. Explore full report → Gate Research – Ethereum Stablecoin Users Reach Record High | Web3 Social Platform MetaSo Surpasses 100 Million On-Chain Interactions Gate Research is a comprehensive blockchain and cryptocurrency research platform, providing readers with in-depth content including technical analysis, market insights, market reviews, industry research, trend predictions, and macroeconomic policy analysis. **Disclaimer ** Investing in cryptocurrency markets involves significant risks. Users are strongly advised to conduct independent research and fully understand the nature of assets and products before making any investment decisions. Gate shall not be liable for any losses or damages arising from such investment decisions. Gate Team June 26th, 2025 **Gateway to Crypto** Trade over 4,100 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves

Gate Research : Ethereum Stablecoin Users Reach Record High | Web3 Social Platform MetaSo Surpasses 100 Million On-Chain Interactions

Gate Research : Ethereum Stablecoin Users Reach Record High | Web3 Social Platform MetaSo Surpasses 100 Million On-Chain Interactions