Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
Gate MCP
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
#加密市场普遍上涨 To invest in cryptocurrencies with 100x potential in the crypto market, you must know what is hottest right now.
Because history in the crypto market shows that all 100x returns start with a hot event beginning to ferment.
2017 was the frenzy of ICOs and blockchain+.
2020 was DeFi Summer and NFT explosion.
2021 was GameFi and the Layer 1 wars.
2023 was Bitcoin Orfinals and Ethereum Layer 2 scaling.
And from 2024 to 2026, capital is flowing into AI infrastructure and decentralized physical infrastructure development DePIN.
From the heat track map, you can clearly see that the AI/ML track dominates in all short-term and medium-term dimensions.
30-day momentum score 9/10, narrative strength 10/10. This means AI is not only the hottest current narrative but also the most capital-intensive field.
The strength of AI tokens is not a bubble but a structural shift supported by fundamentals.
Centralized giants like OpenAI and Anthropic have achieved great success, serving as cautionary examples for decentralized AI.
When data from billions of users is controlled by a few companies, decentralized training, privacy inference, and open model weights become inevitable opposing forces.
DePin / Compute track shows steady, comprehensive high scores.
Its unique advantage lies in the overlay of dual narratives: foundational AI infrastructure such as computing power, bandwidth, data, and at the same time, an independent Web3 narrative—decentralized resource coordination.
Render Token, AKT Token, Helium Token, and Filecoin Token form the DePin Four Horsemen.
They cover GPU computing, general computing, wireless networks, and distributed storage respectively.
Layer 1 track scores highest over 3-year and 5-year horizons but relatively weak in 30-day momentum.
This indicates that Layer 1 narratives have shifted from a speculative phase of endless new chains to a mature stage where a few winners dominate.
Among them, SOL Token, KAS Token, and Ethereum are differentiating the market.
SOL represents high-performance routes, KAS represents PoW innovation routes, and Ethereum signifies ecosystem depth.
The DeFi/Derivatives track scores 10/7 from institutions, higher than narrative strength at 10/5. This is a typical sign of quiet wealth accumulation.
Protocols like HYPE Token, AAVE Token, UNISWAP Token, and Maker are generating real protocol revenue.
But their narrative spread is not as strong as AI tokens. For value investors, this low narrative but high cash flow is precisely the best entry window.
Meme/Culture track scores 9/10 in 5-year CAGR, mainly driven by SHIB Token, but institutional score is only 2/10.
This is a typical survivor bias. SHIB’s 55,292% increase is an outlier, not a replicable strategy.
In narrative rotation analysis, meme coins have shifted from a mainstream track in 2021 to a marginal liquidity spillover pool.
When AI and DePin tracks cool down, capital may temporarily flow into meme coins, but they are not long-term residences.
Historical rules of narrative rotation tell us: each cycle of dominant narrative switch lasts 18 to 24 months.
AI narrative started in early 2024, reaching its first high in Q1 to Q2 of 2026.
Based on this pattern, we expect AI narrative to dominate from late 2026 to the first half of 2027.
But sub-tracks will shift from general AI tokens to more specific vertical fields like AI Agents and AI Privacy Computing.
DePIN and RWA will be the next possible narratives to take over, as they have similar real utility to AI but are undervalued and not yet fully explored.