[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.staticimgs.com/image/article/173898261420250208-104243.webp) 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 **Gate Research** Gate Research is a comprehensive blockchain and crypto research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis. Click the Link to learn more _Disclaimer This content does not constitute any offer, solicitation, or financial advice. We strongly recommend consulting with a qualified financial advisor before making investment decisions. Users should be aware that Gate services may be restricted in certain regions. For complete terms and conditions, please refer to our User Agreement at https://www.gate.io/user-agreement. Please note that cryptocurrency investments carry high risks. Before investing, it's essential to thoroughly research and understand the assets and products you're interested in. Gate bears no responsibility for any losses or damages resulting from your investment choices._ **Gateway to Crypto** Trade over 3,600 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 reserve • Sign up to enjoy max. $10,000 in rewards exclusively for new users • Get 40% commission from referrals Gate Team February 7, 2025