Today, the Fear and Greed Index dropped to 7, and the market is in an "extreme fear" state.

Influenced by Musk's tweet, the veteran Meme coin gork surged over 520% intraday

Influenced by Elon Musk's post "Gork returns today," the Solana ecosystem meme coin Gork's market capitalization soared to $14 million in the short term, a 520% increase. The coin originates from the parody account Gork, and investors should be aware of its high volatility and investment risks.

Bitcoin hits $70,000 resistance and pulls back, while altcoins collectively surge, signaling a strong rotation.

Bitcoin has recently failed to break through $70,000, falling back to $68,300, with short-term high-level fluctuations. In contrast, various altcoins are performing strongly, with capital flowing into high-risk assets. The market still faces macroeconomic pressures, liquidity recovery is slow, and there is a risk of further pullbacks, reflecting a divergence between short-term rebounds and medium-term corrections.

UNI price surges 15%! Uniswap fee conversion proposal passes, annual revenue could increase by $27 million

The Uniswap governance community has approved a proposal to extend the protocol fee switch mechanism to eight blockchains, with all v3 liquidity pools set to collect fees by default, leading to approximately a 15% increase in UNI price. The new mechanism enhances revenue through unified fee collection, with an estimated annual additional income of $27 million. Fee adjustments may impact liquidity competition, and the future trend of UNI price depends on factors such as cross-chain trading volume and protocol revenue.

Circle CEO: USDC now accounts for 50% of stablecoin trading volume; AI intelligent agent payments are the next growth driver.

Circle releases 2025 financial report, with the stock price rising 35% to $83. Allaire stated on CNBC that USDC accounts for 50% of stablecoin transactions, with on-chain transaction volume increasing 250% year-over-year. AI payments are a key growth area for USDC, surpassing the error correction capabilities of traditional financial systems.

XPL (Plasma) 24-hour increase of 17.39%

Gate News Bot Message, February 26th, according to CoinMarketCap data, as of press time, XPL (Plasma) is trading at $0.10, up 17.39% in the past 24 hours, with a high of $0.11 and a low of $0.08. The 24-hour trading volume reached $134 million. The current market cap is approximately $186 million, an increase of $27.6 million from yesterday. Plasma is a high-performance Layer 1 blockchain designed specifically for stablecoins. From the ground up, it is built with stablecoin applications in mind, offering institutional-grade security to enable near-instant, fee-free payments. The network processes over 1,000 transactions per second, with a block time of less than 1 second. The platform supports more than 25 stablecoins and offers over 200 payment methods across more than 100 countries and regions worldwide.

ETHZilla Drops Ethereum Treasury Label in Rebrand After Share Price Collapse

In brief ETHZilla will rebrand as Forum Markets and trade as FRMM on Nasdaq at the start of March The move follows a week after investors exited as it turned away from an Ethereum balance sheet model. Observers say single-asset treasury strategies depend on sustained equity premiums and s