Gate Research: Weekly Report, Analysis, Hot Topics, and Airdrop Overview

This week, Gate Research continued to monitor trends in the crypto market, regulatory developments, and technological advancements. Bitcoin tested the $78,500 level twice, while ETH dipped to $1,750, leading to market volatility. Key areas of focus included SEC regulations, innovations in Web3 technology, and the expansion of the DeFi ecosystem. Meanwhile, BlackRock's BUIDL fund saw its total value locked (TVL) surge past $665 million, setting a new all-time high. Here's a recap of this week's key highlights:

Weekly Highlights

• Market Trends: BTC tested support at $78,500 twice, and ETH dropped below $1,750, putting short-term pressure on the market. Soneium's on-chain transaction volume reached $3.27 million, marking a 179% increase over seven days. Morph Chain's TVL skyrocketed to $78 million, with BulbaSwap contributing $71.38 million.
• Policy & Regulation: Former U.S. President Donald Trump signed an executive order to establish the nation's official Bitcoin strategic reserve, reinforcing BTC's role in national finance. The SEC signaled a more crypto-friendly stance, hinting at the possibility of rolling back exchange registration requirements. Meanwhile, U.S. Inflation data showed February's core CPI rising 3.1% year-over-year, below market expectations, easing economic pressures.
• DeFi & Public Chain Ecosystem: BlackRock's BUIDL fund TVL crossed $665 million, reflecting growing interest in real-world assets (RWA). The Solana SIMD-228 upgrade was approved, bringing greater flexibility to the network's ecosystem.
• Read the full report: Gate Research: BlackRock's BUIDL Fund Hits Record TVL; Ripple Expands Crypto Payments to Middle East with Dubai License

Selected Research Reports

• Policy & Macro Developments: U.S. non-farm payrolls increased by 151,000 in February, missing market expectations, while the unemployment rate hit a new high. In Utah, a Bitcoin bill passed the state senate, though its reserve investment clause was removed, sparking industry debate. The SEC delayed decisions on several spot crypto ETF applications, keeping investors on edge.
• Key Events: Bybit suffered a security breach linked to the North Korean hacker group TraderTraitor, raising concerns over exchange security. Movement applied for a MOVE ETF, alongside the launch of its mainnet Beta. Virtuals Protocol introduced a multi-agent ACP framework to enhance on-chain automated trading.
• Web3 Ecosystem Expansion: MetaMask partnered with Transak to support fiat on-ramp and off-ramp services for 10 major public blockchains, making Web3 more accessible to users. Securitize joined forces with RedStone to strengthen RWA data support and advance on-chain financial solutions.
• Read the full report: Gate Research: Web3 Policy and Macro Report (Mar 7 - 13, 2025)
• Read the full report: Gate Research Institute: Web3 Events and Follow-up on Encryption Technology Development (Mar 7 - 13, 2025)

Hot Topics

• Public Chains & DeFi Ecosystem: The market cap of stablecoins on the Sui blockchain exceeded $600 million, reaching a new high. Anzen Finance's TVL surpassed $112 million, further boosting the RWA sector.
• Industry Trends & Innovation: MetaMask and Transak expanded fiat integration, improving accessibility in the Web3 space. Ripple secured a Dubai license, setting the stage for its crypto payment expansion into the Middle East.
• Web3 Developments: Veda, the Ordinals EVM expansion protocol, reached $2 billion in TVL, marking a major milestone for the Bitcoin ecosystem.
• Read the full report: Gate Research: Weekly Hot Spot (March 10 - 14, 2025)

Hot Airdrops

• Captain & Company: A pirate-themed blockchain game where players can earn CNC tokens through adventures and faction wars.
• XOOB: A space-themed GameFi project on Telegram that rewards players with XOOB tokens for completing missions and mining. The airdrop runs until April 2025.
• Shaga: A cloud gaming platform where users earn points through tasks, with airdrop token redemptions expected in Q2 2025.
• Endless: A Web3 cloud protocol offering a $1 million EDS token airdrop for participants using the Luffa mobile app.
• Read the full report: Gate Research: Hot Airdrops Overview (March 3 - 7, 2025)

Disclaimer
This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit all or part of its services in certain restricted regions. For more information, please read the User Agreement here: https://www.gate.com/user-agreement.
Investing in the cryptocurrency market involves high risk. Before making any investment decisions, it is recommended that users conduct independent research and fully understand the nature of the assets and products they purchase. Gate is not responsible for any losses or damages from such investment decisions.

**Gateway to Crypto** Trade over 3,700 cryptocurrencies safely, quickly, and easily on Gate

• Visit our Official Website
• Download Gate App / Web now
• Follow us on Gate 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 Team
March 14, 2025