Gate Research Weekly Report: This week, BTC and ETH prices remained in an upward range, signaling a broader market recovery. El Salvador submitted a cross-border regulatory sandbox proposal to the U.S. SEC, demonstrating its forward-looking approach to crypto regulation. Floki partnered with Rice Robotics to bring AI data markets on-chain, further expanding blockchain's application scenarios. Meanwhile, Russia announced the establishment of a crypto exchange for qualified investors, marking a key step toward legalization and laying the groundwork for future regulatory frameworks. Notably, dApps generated $1.8B in total fee revenue in Q1 2025—surpassing blockchain infrastructure protocols and highlighting the growing appeal of decentralized applications. On the security front, the XRP Ledger Foundation confirmed that its SDK had been compromised with a backdoor, putting hundreds of thousands of developer projects at risk and underscoring the importance of cybersecurity. Puffer Finance launched an institutional

Circle's IPO journey reveals its strategic positioning and growth potential in the cryptocurrency sector. Despite declining net margins, Circle is strategically reinvesting profits into market share and regulatory compliance by building a highly scalable, compliance-first stablecoin infrastructure.

MCP (Model Context Protocol) is an emerging field that has recently attracted attention from Web2 tech companies like Google. The article provides an in-depth analysis of the principles and positioning of the MCP protocol, explaining how it delivers context to large language models (LLMs) through standardized communication with applications. It also explores the team behind DARK, MtnDAO, and how the founder, Edgar Pavlovsky’s strong execution capabilities and the team's future outlook could potentially drive up the token’s price.

Gate Research (April 18 – 24, 2025): This report provides a comprehensive analysis of significant developments in the cryptocurrency market and macroeconomic environment. On April 18, the Slovenian Ministry of Finance proposed a draft bill to impose a 25% tax on crypto transactions. On April 22, the Bank of Korea announced plans to advance stablecoin regulatory legislation and establish a comprehensive compliance framework. The Eurozone's preliminary consumer confidence index for April dropped to -16.7, falling short of expectations. On April 23, U.S.-China trade tensions eased as President Trump stated he would “substantially lower” the current 145% tariffs on China. The U.S. April Markit Composite PMI hit a 16-month low, though manufacturing outperformed expectations. JD's stablecoin project entered the regulatory sandbox testing phase in Hong Kong.

This guide explains everything you need to know about stablecoin attestation reports, how they work and why they matter.

Gate Research (April 18-24, 2025): On April 17, Eliza Labs launched Auto-Fun, an AI agent Launchpad platform to accelerate AI-blockchain integration, while Circle released the Refund Protocol and stablecoin payment network to enhance on-chain payment flexibility. On April 21, the Ethereum Foundation initiated strategic adjustments for the Pectra upgrade, focusing on throughput bottlenecks and cross-chain interoperability. On April 23, Hyperliquid introduced 21 permissionless nodes and planned a delegation mechanism to strengthen decentralized governance and security. On April 24, the Solana Foundation implemented a new delegation policy, removing inactive validators to enhance network decentralization.

Converge is a blockchain platform jointly developed by Ethena Labs and Securitize, offering high performance and institutional-grade security through its high-performance EVM architecture, stablecoin gas fees, and integration with Arbitrum and Celestia. The platform features 100ms block times and high throughput, incorporates a Validator Network (CVN) for security, and plans to launch its testnet and mainnet in Q2 2025, providing innovative blockchain solutions for both institutional and retail users.

In the cryptocurrency market, the basic principle of arbitrage is the same as in traditional financial markets, but due to the unique nature of the cryptocurrency market, arbitrage opportunities are more abundant and also more challenging. The theoretical foundation of cryptocurrency arbitrage is rooted in the price disparity and market equilibrium theory in market economics. According to the Efficient Market Hypothesis, in a perfectly efficient market, the price of the same asset in different markets should be the same, and any price differences would be quickly exploited by arbitrageurs, bringing the prices back into alignment.

Raydium launches its token issuance platform, LaunchLab, in a direct showdown with Pump Fun. This article analyzes its token issuance logic, liquidity strategy, ecosystem layout, and $RAY buyback mechanism, exploring whether it can truly kickstart a new wealth-creation cycle for meme coins.

Compared to Ethena's high-profile approach, Resolv remains relatively low-key, but its innovations are on par with any competitor. In summary, it can be divided into: a more unique revenue model, on-chain revenue sources, and more complex token economics.

For small capital to grow big, or to enter the primary market, the most crucial step is establishing your own trading system. This article combines personal experience to outline concrete strategies and pathways to go from a few hundred U to crossing 1 million U.

Explore how Privacy Pools introduces a new paradigm for blockchain privacy through its innovative ASP (Association Set Providers) mechanism and zero-knowledge proofs. This article examines the theoretical foundation by Vitalik Buterin’s team, the technical implementation by 0xbow, and how its three-layer architecture balances user privacy with regulatory needs. It also analyzes the protocol’s impact on DeFi, compares it with other privacy solutions, and explores future opportunities and challenges.

This comprehensive guide explores investing strategies during cryptocurrency market consolidation periods. It examines technical indicators for identifying sideways markets, analyzes market behavior patterns, and details investment strategy selection and risk management methods. The guide covers practical tools for market analysis, trade execution, and sentiment monitoring, with a focus on three key risk areas: technical, market, and regulatory. Readers will learn complete strategies for navigating consolidating markets, enabling them to capture opportunities and manage risks during uncertain conditions to achieve stable returns.

The appointment of Paul Atkins has injected fresh momentum into the struggling crypto industry. His pro-crypto stance, along with recent crypto-friendly signals from the SEC, CFTC, and the Trump administration, has created favorable conditions for explosive industry growth. This shift in regulatory attitude could not only accelerate institutional capital inflows but also provide a clearer path forward for crypto firms long plagued by compliance issues.

Originally launched within the SKY ecosystem, Chronicle has quickly emerged as a major player in the Oracle space. With its novel Scribe architecture and strong ecosystem synergies, it decouples validator count from gas costs. This enhances its decentralization, security, and scalability. Today, Chronicle ranks as the second-largest Oracle provider by Total Value Secured (TVS), holding 17% of the market share.