Gate Research: USDT Weekly Inflows Hit Highest Since 2022; $PAIN Becomes Largest Solana Meme Presale

Gate Research Daily Report: On February 7, BTC price is testing key support around $96,000, and the short-term trend remains unclear. USDC Treasury minted 68.92 million USDC on Ethereum, increasing market liquidity. The $PAIN presale of 186,000 SOL has become one of the largest meme projects in Solana's history. The U.S. Congress is scrutinizing to cryptocurrency de-banking, with concerns raised over the FDIC's policy shift. Ondo Finance launched the Layer 1 public chain, Ondo Chain. In the past 24 hours, one project publicly announced securing financing, raising €1.1 million, focusing on the RWA (Real-World Assets) sector.

Market Analysis: BTC prices are facing key support around $96,000, with the short-term trend still unclear.

Top Performers: The most popular altcoins in the past 24 hours are EMYC, PMX, and XYO, which rose by 127.13%, 43.99%, and 20.18%, respectively.

Data Highlights: USDT saw a net inflow of $2.72 billion in the past week, marking the highest level since 2022.

Spotlight Analysis: The $PAIN token presale of 186,000 SOL has made it one of the largest meme projects in Solana's history.

Market Opportunities: Side Protocol leverages DLC technology to mitigate cross-chain bridge risks and build on-chain banking infrastructure. Its mainnet will launch on February 5, with $SIDE tokens being used for staking and gas fee payments.

Explore today's details 👉🏻 Gate Research: USDT Weekly Inflows Hit Highest Since 2022; $PAIN Becomes Largest Solana Meme Presale

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Gate Team
February 7, 2025