Topics of Crypto World

Despite USDC's rebound in market size and Circle's continued strong revenue, capital markets have grown more cautious in valuing the company. This article offers an in-depth analysis of the single-variable risks in Circle's profit model, focusing on the interest rate cycle, maturity mismatch structure, yield-sharing mechanisms, and regulatory variables. It also examines the core challenges Circle faces as it seeks to transition into foundational financial technology infrastructure.

TON, The Open Network, is a Layer 1 blockchain designed for scalability and seamless integration with social use cases. This article systematically examines TON’s core logic and market positioning, covering its technical architecture, performance mechanisms, ecosystem structure, Telegram integration, token model, and future outlook.

This article provides a detailed overview of the partnership and technical evolution between Telegram and TON. It examines the integration of the built-in wallet, the on-chain account system, and Mini Apps, and explores how TON leverages social networks to drive viral growth and enable social finance use cases. It also compares TON’s model with traditional Web3 user acquisition strategies, outlines potential risks, and offers a measured outlook on the future of social and blockchain convergence.

Gate Research Daily Report: On February 27, BTC rebounded after a sharp drop to $62,501 and is now consolidating above $67,000; ETH recovered from the $1,800 level and is holding near $2,020 in a high-level range; GT is showing a rebound-driven consolidation structure; POWER led the market with a +113.53% surge, while small-cap tokens such as DENT and RAVE also posted strong gains. A suspected insider earned over $411,000 on Polymarket by betting on ZachXBT’s allegations against Axiom; claims that Jane Street “manipulated the 10 a.m. Bitcoin dump” lack data support, with analysts pointing instead to ETF authorized participant mechanics; Circle shares broke above $90, with analysts saying the stock has “clearly decoupled” from broader crypto trends, as applications like Polymarket are seen as new growth drivers for USDC.

Gate Research Daily Report: On February 27, BTC rebounded after a sharp drop to $62,501 and is now consolidating above $67,000; ETH recovered from the $1,800 level and is holding near $2,020 in a high-level range; GT is showing a rebound-driven consolidation structure; POWER led the market with a +113.53% surge, while small-cap tokens such as DENT and RAVE also posted strong gains. A suspected insider earned over $411,000 on Polymarket by betting on ZachXBT’s allegations against Axiom; claims that Jane Street “manipulated the 10 a.m. Bitcoin dump” lack data support, with analysts pointing instead to ETF authorized participant mechanics; Circle shares broke above $90, with analysts saying the stock has “clearly decoupled” from broader crypto trends, as applications like Polymarket are seen as new growth drivers for USDC.

TON (The Open Network) employs a multi-layered network architecture and dynamic sharding mechanism to deliver a high-performance blockchain framework designed for large-scale adoption. The layered structure—comprising Masterchain, Workchains, and Shardchains—allows the network to dynamically adjust the number of shards according to system load, facilitating parallel processing and elastic scalability. Supported by PoS consensus and a cross-shard messaging mechanism, TON achieves an optimal balance between high throughput and low latency.

2025 Listing Report

According to the 2025 Listing Report released by Animoca Brands Research, centralized exchanges continued to upgrade their listing structures in 2025, with tokenized RWAs gaining increasing traction. Total CEX listings reached 3,007 during the year, while Gate recorded 549 listings, including 393 primary listings, underscoring its strong participation in early-stage token launches.

GateToken (GT) is a native cryptocurrency designed to facilitate value circulation within the Gate ecosystem and maintain the security consensus of the Gate Chain public blockchain. As a core asset bridging centralized services and decentralized infrastructure, GT was originally conceived to provide users with cross-platform equity credentials and a mechanism for on-chain resource scheduling.

The fundamental difference between GT and BNB lies in their core positioning. GT is the native asset of the Gate Chain network, designed with a strong emphasis on account security and reversible mechanisms. BNB, by contrast, serves as the core token of the BNB Chain ecosystem, prioritizing high performance transactions and smart contract compatibility.

GateToken (GT) is a native utility token designed to support the operation of the Gate ecosystem and maintain the consensus security of the Gate Chain public blockchain. As a critical value medium bridging centralized services and decentralized infrastructure, GT possesses core economic characteristics such as a fixed total supply, dynamic burn logic, and multi-scenario incentive mechanisms.

Gate DEX has introduced the "Zero Gas Spring Promotion," granting both new and existing users access to zero gas trading and deposit fee coverage. This article outlines the event rules, how to participate, and the key benefits of the zero gas mechanism.

Gate TradFi provides seamless access to traditional financial markets through a unified account, allowing users to trade gold, forex, indices, stocks, and commodity CFDs. By integrating crypto assets with conventional markets, Gate TradFi empowers users to efficiently manage cross-market asset allocation and strategic planning.

Gate Stock Token Zone allows users to engage with stock price fluctuations via tokenized assets. This article covers the product mechanism, trading characteristics, and risk disclosures for Gate stock tokens, providing users with a thorough understanding of this zone.

Gate ETF is launching the first phase of the Hot Picks Trading Sprint, offering three tiers of rewards focused on BTC3L/3S, ETH3L/3S, and XRP3L/3S. By completing trades, participants can unlock fee cashback vouchers, trial funds, and cash rewards, with prizes up to 500 USDT.