[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.staticimgs.com/image/article/1742909845ann_en.webp) **Gate Research Daily Report: **Bitcoin price fell by 0.11% to $86,535, while Ethereum rose by 1.48% to $2,046. ETH holdings on centralized exchanges dropped to 8.97 million, marking a 9-year low. Berachain officially launched its PoL (Proof of Liquidity) system, aiming to drive decentralized governance through liquidity. The Oklahoma House of Representatives passed a bill proposing to include Bitcoin in public fund reserves. The supply of Ethena’s stablecoin USDtb exceeded $1 billion. Nillion Alpha launched its mainnet, pushing forward the development of Web3 privacy computing infrastructure. **Market Analysis**: U.S. spot Bitcoin ETFs saw a net inflow of $84.17 million, while spot Ethereum ETFs recorded no net inflow. **Top Performers**: The hottest altcoins in the past 24 hours were ALCH, NAVX, and HIVE, with gains of 37.80%, 23.55%, and 18.08%, respectively. **Data Highlights**: ETH reserves on centralized exchanges have dropped to 8.97 million, marking a 9-year low. **Spotlight Analysis**: Berachain has officially launched its Proof-of-Liquidity (PoL) system, enabling decentralized governance driven by liquidity. **Market Opportunities**: Wayfinder is building universal on-chain AI capabilities for Web3 games and applications, catering to both developers and non-technical users. Its points campaign will allocate 40% of the total token supply for community distribution. Explore today's details → Gate Research: ETH Supply on CEXs Hits 9-Year Low; Oklahoma Proposes Adding Bitcoin to State Reserves **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 recommendation. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit some or all services for users from restricted regions. For more information, please read the User Agreement at: https://www.gate.io/user-agreement. Investing in the cryptocurrency market involves high risks. Users are advised to conduct independent research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages resulting from such investment decisions. Gate Team March 25, 2025 **Gateway to Crypto** Trade over 3,800 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves