Gate Research Institute: IP rise exceeds 41%, Avalanche RWA share increases, Perp DEXs heat up | Gate VIP Weekly Report

Highlights of Last Week's Market Overview

Alpha Mining: BTC has fluctuated downwards after reaching a high of $117,902, showing a weak consolidation pattern in the short term; ETH has continued to weaken after falling from its high of $4,766, recently experiencing a significant drop and breaking below the box support, reaching a low of $4,283, close to the previous low of $4,211. Among altcoins, DEXE surged over 58.30%, showing impressive performance; IP and IMX also recorded increases of 41% and 13% respectively, rising against the trend in the short term.

On-chain funds: The trading volume of Avalanche RWA has surged by 130% in the past 30 days, with its market share climbing to 2.69%. It has achieved breakthroughs in the fields of stablecoins, cross-chain assets, and ETFs, coupled with a $1 billion reserve plan, leading to a significant rebound in ecosystem enthusiasm. The Perp DEX sector continues to thrive, accelerating towards a phase of explosive growth, with trading volumes hitting new highs frequently.

This report will conduct an in-depth analysis of the aforementioned trends and provide detailed market data and technical interpretations. You are welcome to click to view the complete report, accurately grasp market dynamics, obtain forward-looking strategic perspectives, and explore the next round of potential opportunities.

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