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Last week, BTC moved into a high-level consolidation phase after the previous sharp rally, but the market structure has not flipped bearish. ETH showed greater resilience than BTC, holding up better during pullbacks. On-chain flows clearly reflect a "trading-scenario-first" trend. Capital is rotating out of low-velocity, general settlement layers and into networks with higher trading efficiency and stronger support for active strategies. Perp DEXs and prediction markets have become the main liquidity magnets in this cycle. Both Hyperliquid and Polygon PoS recorded net inflows of over $100 million. Meme activity across the Solana ecosystem is also picking up again. Bags App has risen quickly on the back of its "donation-driven" mechanic, amplifying FOMO and viral growth dynamics.

Gate Research Daily Report: Bitcoin encountered resistance near USD 97,500, while Ethereum has been trading within a range between its key support level and the USD 3,300–3,400 resistance zone. ROSE surged 34.35% over the past 24 hours, driven by accelerating capital inflows into the high-beta “privacy + AI” narrative. ARPA rose more than 51%, with the rally largely reflecting shifts in market sentiment as 24-hour trading volume expanded sharply to USD 320 million. Alpha Edge Media, a subsidiary of Aether Holdings, has acquired the institutional-grade crypto communications and media platform Coinstack. To break out of its current malaise, the crypto market may require an expansion of ETF investment mandates, with leading assets rallying to draw retail attention back. The STH-NUPL indicator shows that new investors have remained in net unrealized losses since November 2025.

Gate Research: On January 19, after a period of high-level consolidation, the crypto market saw a broad de-leveraging wave: BTC and ETH fell more than 2%, losses in altcoins widened, and risk appetite contracted. Among notable movers, DUSK surged on catalysts including its mainnet launch, RWA partnerships, and expectations of institutional adoption; NAM experienced sharp swings amid thin liquidity and a technical breakout; and FRAX rallied on its rebranding and broader ecosystem expansion. In today’s highlights, Ethereum’s staking entry queue climbed to its highest level since August 2023 while the exit queue fell to zero; Vitalik Buterin and Solana co-founder Anatoly Yakovenko reignited debate over whether protocols should “ossify” or keep evolving, underscoring two divergent paths between long-term stability and continuous iteration; and as Vibe Coding gains momentum, supply-chain style risks tied to IDE auto-execution settings have become a growing focus for developers.

Gate Research Daily Report: On January 19, after a period of high-level consolidation, the crypto market saw a broad deleveraging pullback: BTC and ETH weakened in tandem, losses in altcoins widened, and risk appetite contracted quickly. The Fear & Greed Index slid from 49 to 44, with sentiment shifting from neutral toward fear, while spot gold continued to climb—signaling rising demand for safe havens. Among notable movers, DUSK rallied sharply on its mainnet rollout and expectations around RWA-related partnerships; NAM posted violent swings amid thin liquidity and a technical breakout; and FRAX drew inflows on the back of its rebrand and broader ecosystem expansion. Today’s alpha highlights included a structural signal from Ethereum staking—its entry queue reaching the highest level since August 2023 while the exit queue fell to zero—alongside a renewed debate between Ethereum and Solana over “ossification vs. evolution,” and growing attention to supply-chain style security risks tied to IDE auto-execution

Gate Research Daily Report: On January 16, BTC entered a corrective consolidation phase after surging to around $97,900 and is now oscillating in the $95,000–$95,500 range; ETH moved into a high-level consolidation after hitting a peak near $3,403, with prices fluctuating narrowly between $3,280 and $3,320; GT shifted into range-bound consolidation after a prior rally to 10.83; and OWL led small-cap tokens with a +57.75% gain. XRP broke below the $2.10 level, with technical selling pressure dominating the short-term trend; BitMine said its $13 billion ETH holdings could generate over $400 million in annual revenue and expressed confidence that its investment in MrBeast could deliver a “10x” return; and Ripple injected $150 million into LMAX to push the RLUSD stablecoin into institutional trading infrastructure.

Gate Research Daily Report:On January 16, BTC entered a corrective consolidation phase after surging to around $97,900 and is now oscillating in the $95,000–$95,500 range; ETH moved into a high-level consolidation after hitting a peak near $3,403, with prices fluctuating narrowly between $3,280 and $3,320; GT shifted into range-bound consolidation after a prior rally to 10.83; and OWL led small-cap tokens with a +57.75% gain. XRP broke below the $2.10 level, with technical selling pressure dominating the short-term trend; BitMine said its $13 billion ETH holdings could generate over $400 million in annual revenue and expressed confidence that its investment in MrBeast could deliver a “10x” return; and Ripple injected $150 million into LMAX to push the RLUSD stablecoin into institutional trading infrastructure.

Gate listed 447 new spot assets in 2025, and their post-listing performance showed clear market feedback across several key time points: about 54.8% of assets were up 24 hours after listing, and the average 24-hour gain among the winners was roughly 635%. In the early window, primary listings were more likely to post higher median returns (24-hour median: 12.56%, or 8.03% after trimming outliers), well above non-primary listings (24-hour median: 1.18%, or 0.86% after trimming). Gate-exclusive listings showed an even more concentrated early response: nearly 80% were up within the first 30 minutes, with a median gain of about 81%.

This paper examines *Vibe Coding, a* programming practice driven by natural language intent and characterized by rapid trial-and-error and outcome-oriented validation and systematically analyzes its efficiency gains and security risks in blockchain application development. Empirical evidence based on multi-source data shows that development practices associated with Vibe Coding can significantly shorten development cycles, increase output per unit of labor, and to some extent alleviate the high entry barriers and long development timelines typical of blockchain projects, thereby confirming the practical efficiency benefits of AI-driven development.

Gate Research Weekly Report: Bitcoin has reclaimed the $96,000 level, while Ethereum has broken through the $3,300 resistance and continues to consolidate at elevated levels. The Zcash Foundation announced that the SEC has concluded its multi-year investigation without taking enforcement action; meanwhile, Federal Reserve officials collectively defended policy independence while signaling a pause in rate cuts.As both Bitcoin and Ethereum broke higher, nearly $700 million in short positions were liquidated. Vitalik Buterin highlighted structural flaws in decentralized stablecoins, while renewed attention was drawn to Zcash-related developments and potential quantum threats. Metaplanet is now just one step away from resuming equity financing to purchase Bitcoin. ONDO, TRUMP, and ZRO are set to unlock approximately $778 million, $278 million, and $42.42 million worth of tokens, respectively, over the next seven days.

Gate Research: Bitcoin has reclaimed the $96,000 level and continues to trade steadily within an ascending channel. The DFINITY Foundation released the Mission70 whitepaper, sending ICP up over 27%, while ARRR surged nearly 40%, driven by renewed interest in privacy coins and increased community exposure. This market rebound triggered the largest wave of short liquidations since October, with $577 million in shorts wiped out over the past 24 hours. Meanwhile, a key setback emerged as the U.S. Senate Banking Committee canceled the revised CLARITY Act hearing. At the same time, Fed officials jointly defended policy independence and signaled a pause in rate cuts.

Gate Options Daily Market Update.

Gate Research: On January 14, the crypto market rallied broadly as macro sentiment improved and risk appetite recovered. Bitcoin surged and then consolidated at elevated levels, while Ethereum outperformed to lead the move, with other major assets rising in tandem. Among the day’s top movers, BOT spiked on the back of AI trading-tool narratives and speculative flows; MFER gained as the meme sector rebounded and capital rotated; and ARRR drew attention amid a renewed privacy narrative and a broader upswing across privacy coins. In key highlights, Gate expanded its TradFi derivatives offering by adding CFD access to gold, FX, indices, and other traditional assets, further strengthening its multi-asset suite; Wintermute outlined three potential catalysts for an altcoin rebound in 2026; and Polygon Labs announced the acquisition of Coinme and Sequence for over $250 million to accelerate the rollout of its compliant stablecoin payments “open stack.”

Gate Research Daily Report: On January 14, the crypto market posted broad gains as macro sentiment improved. Bitcoin surged before consolidating at elevated levels, while Ethereum outperformed and held around the $3,300 area. The Crypto Fear & Greed Index rebounded sharply from 26 yesterday to 48, signaling renewed risk appetite and a rotation toward higher-beta assets, while gold continued to climb. Among notable movers, BOT spiked on AI trading-tool narratives and speculative inflows; MFER rose alongside a meme-sector rebound; and ARRR drew attention amid a revival in privacy narratives. In this edition’s Alpha takeaways, we highlight Gate’s expanded TradFi derivatives offering with CFD access to a wider range of traditional assets, Wintermute’s three potential catalysts for a 2026 altcoin rebound, and Polygon Labs’ $250M+ acquisition of Coinme and Sequence to accelerate the rollout of its compliant stablecoin payments “open stack.”

Gate Research:BTC has entered a consolidation and recovery phase after pulling back from recent highs, while ETH has significantly outperformed most altcoins over the past week. Gate has expanded its TradFi offerings by enabling CFD trading on traditional financial assets, including gold, foreign exchange, indices, commodities, and selected popular stocks. On-chain capital is increasingly flowing toward trading-oriented networks, with Perp DEXs emerging as the key driver. Hyperliquid and Ink recorded the highest net inflows among public chains. On the technology front, StarkNet, leveraging its high performance and verifiable execution capabilities, has become one of the core technology stacks for Perp DEXs. It helps on-chain derivatives evolve toward exchange-grade infrastructure.

Gate Research Daily Report: Bitcoin is showing a short-term range-bound upward trend, while Ethereum continues to hold firmly above $3,000, with its overall uptrend still intact. Driven by WLFI’s launch of a lending market powered by Dolomite, DOLO surged over 55%; Dusk rose more than 28% on positive momentum from the DuskDS Layer-1 upgrade; and DASH climbed about 18% following an oversold-driven rebound. The amount of ETH queued to join the Ethereum PoS network has risen to 2.17 million, reflecting strong market confidence in Ethereum’s long-term staking yields and network security. The current period represents a critical window for the passage of the Clarity Act, as failure to reach consensus could increase the risk of delays or outright failure.