Topics of Crypto World

This article provides a comprehensive analysis of key on-chain indicators typically seen at the onset of a bull run, such as stablecoin supply, exchange reserves, MVRV, SOPR, profit supply percentage, and long-term holder activity. Drawing on the latest public data from 2026 and benchmarking it against the 2017 and 2020 market cycles, it offers a practical weekly tracking framework along with methodologies for identifying critical risk inflection points.

The TON blockchain has recently completed a significant technical upgrade, greatly enhancing network performance. Telegram founder Pavel Durov stated that the update has boosted the blockchain’s speed by about 10x, with a marked improvement in block generation efficiency. Following the upgrade, transaction confirmation times have been reduced to sub-second levels, delivering a more immediate experience for payments and Mini App use across the Telegram ecosystem.

This article systematically assesses whether AI + Crypto projects genuinely generate irreplaceable on-chain demand, analyzing factors such as PMF definition, demand rigidity, the advantages of on-chain settlement, data and incentive closed loops, retention, and unit economics. It also offers a practical research and filter checklist to assist investors and content creators in identifying high-quality opportunities.

This week’s recap highlights persistent macro uncertainty and soft market sentiment, with Bitcoin and Ethereum facing pressure amid weak flows. Meanwhile, institutional initiatives, Bitcoin infrastructure expansion, and selective narrative catalysts continued to drive development across the Web3 ecosystem.

It is reported that Gate's traditional asset category layout is comprehensive, covering the widest range on the entire network.

Gate's Futures Stocks will officially launch live trading of TENCENT (TENCENT 00700.HK), MEITUAN (MEITUAN 03690.HK), XIAOMI (XIAOMI 01810.HK), KUAISHOU (KUAISHOU 01024.HK), XUNCE (XUNCE 03317.HK) and ZHIPU (ZhiPu 02513.HK) perpetual contract (USDT-M) at 06:00 (UTC) on April 13, 2026, supporting long and short positions with leverage from 1x to 20x. Leverage can be selected at the time of order placement.

This journey would not have been possible without the trust of our users, partners, and team. On this occasion, I would like to share a few reflections on where we started, what we have learned, and how we see the road ahead.

On the occasion of Gate's 13th anniversary, Founder and CEO Dr. Han released an open letter titled "Releasing the Power of Transformation Through Cycles", reflecting on the platform's journey from early exploration to global expansion, and outlining his views on industry cycles and future trends.

USDS is a decentralized stablecoin launched by Sky Protocol as an upgraded version of DAI. It maintains its peg to the US dollar through overcollateralization and liquidation mechanisms, while supporting 1:1 conversion with DAI. Compared to DAI, USDS introduces improvements in incentive design, yield integration, and ecosystem scalability, making it a more composable stable asset within DeFi.

Gate Smart Leverage is an automated leveraged trading tool that requires no margin and carries no liquidation risk. It allows users to gain amplified exposure through a system that automatically builds and manages leveraged positions, delivering a trading experience similar to spot trading. Unlike traditional futures trading, it relies on dynamic leverage and automated risk controls to adjust positions, reducing complexity and the likelihood of liquidation. Compared with leveraged ETF tokens, Smart Leverage does not use fixed multiples but instead adapts to market conditions, making it better suited for volatile or complex markets. However, returns are not amplified by a fixed multiplier, and market risk and uncertainty still remain.

Pandu Pandas (PANDU) is a Web3 project that combines AI Companion, NFTs, and token economics to create a personalized digital companionship experience through intelligent interaction and on-chain identity systems. Users can interact with AI characters via text or voice, while the system continuously learns user preferences during these interactions to refine future responses, enabling long-term relationships with memory. Compared to traditional meme coins, Pandu Pandas introduces real functionality and practical use cases, shifting meme narratives from purely culture-driven to product-driven.

While Hong Kong’s crypto ETFs remain small, deeper shifts are underway. Rapid licensing expansion, RWA tokenization, and stablecoin regulation are driving TradFi integration. This piece examines regulatory overhaul, infrastructure buildout, and the path to closing the on-chain/off-chain gap.

According to CoinDesk's latest exchange report, Gate posted impressive results in Mar., as its Derivative trading volume entered the top three among centralized exchanges worldwide for the first time. Meanwhile, its Spot trading volume also ranked third globally, further strengthening its overall standing in the industry.

According to CoinDesk's latest Exchange Review, Gate delivered standout performance in March, becoming the world's third-largest centralized exchange in derivatives for the first time, while also ranking third globally in spot trading volume, marking a further step up in its position among leading global exchanges.

Pepe and Dogecoin both originated from internet culture, yet they differ fundamentally in their underlying structure and development paths. Pepe is an ERC-20 token built on Ethereum, relying on existing blockchain infrastructure, while Dogecoin operates on its own independent blockchain and uses a proof-of-work consensus mechanism to secure its network. Comparing them across technical architecture, consensus design, tokenomics, and community culture helps clarify the core differences between meme coins and their roles within the broader crypto ecosystem.