Gate Research Institute: Gate.io officially uses the new Chinese name "大门", Ethereum network stablecoin transfers exceed one trillion in 30 days, OM flash crash.

Gate Research Institute Daily Report: On April 14, Bitcoin fell to 84,514 USDT, and Ethereum retreated to 1,619 USDT. The on-chain stablecoin transfer volume on the Ethereum network reached a historic high of 1.18 trillion USDT, indicating that fund activity remains strong, while the NFT market continues to shrink, with both trading volume and active users significantly declining. The SEC launched a cryptocurrency regulatory sandbox program, which may indicate flexibility in future policy adjustments. Meanwhile, Pump.fun's daily trading volume decreased by 99%, the token "graduation rate" slowed down, and the speculation boom on Solana has cooled; Gate.io announced a brand upgrade, adopting a new Chinese name "大门", showcasing its embrace of a new cycle.

• Market Commentary: Bitcoin price increased by 1.39% to 84,514 USDT, while Ethereum price decreased by 1.16% to 1,619 USDT.
• Popular Tokens: The trending altcoins in the last 24 hours are RFC, AERGO, and ALCH, with increases of 65.41%, 25.76%, and 21.71%, respectively.
• Highlight Data: Ethereum processed $1.18 trillion in stablecoin transfers over the past 30 days; NFT trading volume decreased by 4.7% last week.
• Hot Comments: Gate.io announced a comprehensive brand upgrade on its 12th anniversary; the token "Pump.fun" graduation rate has slowed down.
• Market Opportunity: BugsCoin is an innovative platform focused on Web3 financial education, which has completed a $12 million Series A funding round. It will use the funds from this financing to expand globally and develop localized educational programs.

Explore today's details → Gate officially adopts a new Chinese name "Damen", Ethereum network's stablecoin transfers exceed 1 trillion in 30 days, OM flash crash

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Gate Team April 14, 2025

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