Gate News Report: On March 25, according to data released by CryptoQuant on X platform, a certain CEX's gold token XAUT perpetual contract reached a daily trading volume of 6.4 billion dollars, setting a new all-time high. Additionally, XAUT perpetual contract has become the fifth-largest perpetual contract trading pair by volume on the platform.

BitGo announces support for Canton Network's CIP-56 token standard, providing compliant custody services for USDCx and cBTC. CIP-56 is a core token standard designed specifically for regulated financial markets, featuring privacy transactions, fast settlement, and embedded compliance mechanisms.

Pump.funは3月25日にトークンクリエイターの手数料設定を厳格化し、手数料受取ウォレットの変更を一度だけに制限し、その後は永久にロックして、クリエイターによる収益分配の操作を防止しました。これは、より公平にトレーダーを扱うことを目的とした、手数料モデルの継続的な最適化の一環です。

Gate News reports that on March 25, the National Supercomputing Internet announced the launch of a new round of token distribution activities. The activity targets all platform users and offers limited-time free distribution of up to 30 million tokens per user, aiming to lower the experience threshold for scientific research exclusive AI agents such as "Lobster" SClaw. Additionally, National Supercomputing Internet users can enjoy a special renewal price of 0.1 yuan per million tokens, with this discount extending until April 6.

BlockBeats news: On March 25, China's National Supercomputing Internet announced the launch of a new round of token giveaway activities. The activity targets all platform users and offers limited-time free distribution of up to 30 million tokens per person to lower the experience threshold for specialized research intelligent agents such as "Lobster" SClaw. Additionally, National Supercomputing Internet users enjoy a special renewal rate of 0.1 yuan per million tokens, which will be extended until April 6.

Bittensor subnet ecosystem is rapidly expanding, with TAO token staking increasing from $74,400 to $620 million, representing an 833,000% surge. The number of subnets has grown from 80 to 120, with market capitalization exceeding $1.5 billion, with some subnets performing exceptionally well. It is predicted that after market capitalization breaks through $1 billion, more staking will flow into subnets. TAO has recently shown continuous price increases, reaching new highs, and outperforming most cryptocurrencies.

Gate News report: On March 25, the Perle Foundation announced that it will launch the PRL token claim portal today (March 25) at 19:00. Previously, Perle completed a $9 million seed round of financing led by Framework Ventures.

> Original Title: The Bear Case for Bittensor (TAO) > Original Source: Pine Analytics > Original Translation: Saoirse, Foresight News TAO is currently priced at approximately $275, with a market cap of $2.6 billion and a fully diluted valuation of $5.8 billion. The project has received institutional endorsement from Grayscale (an NYSE ETF listing application was submitted in December 2025) and public recognition from NVIDIA CEO Jensen Huang. Meanwhile, the token supply narrative is highly attractive: a hard cap of 21 million tokens with a Bitcoin-style halving mechanism. After the first halving in December 2025, daily issuance decreased from 7,200 tokens to 3,600 tokens. The number of subnets increased from 32 to 128 within a year.

Backpack stated that a certain trader held large open positions on Polymarket, believing that the BP token's FDV would exceed $200 million one day after TGE, and attempted to push the price above $0.2. After investigation, these traders are unrelated to Backpack, and the company has zero tolerance for insider trading.

Gate News reports that as of March 24, the latest data from Polymarket shows that market bets on Opensea issuing tokens before September 30 this year have dropped to 33%, while the probability of token issuance before December 31 stands at 69%. The prediction market has currently reached a transaction volume of $1.238 million.