Ethereum network activity reaches a record high, but ETH prices have not risen accordingly, and on-chain transaction fee revenue has not significantly increased. Transaction data shows that the correlation between on-chain activity and price has weakened, with new demand not translating into higher ETH valuation, leading to net capital outflows from the market. Stablecoins still dominate the Ethereum ecosystem, but overall economic activity is dispersed across layer 2 networks, indicating a separation between network usage and asset value capture.

Gate News Update, March 11: According to Gate market data, as of press time, ICX (ICON) is trading at $0.04, up 24.29% in the past 24 hours. The highest price reached $0.04, while the lowest dropped to $0.03. The current market capitalization is approximately $47.8 million, an increase of $9.35 million from yesterday. ICON is an interoperability layer that helps teams and developers build successful cross-chain applications. ICON offers a universal messaging (xCall) framework that can be deployed on any protocol, enabling applications to operate seamlessly across multiple blockchains. Currently, ICON is connected to several blockchains, including Ethereum, Injective, BNB Chain, Archway, and Neutron.

Gate News Announcement: On March 10, Cosmos Labs disclosed on the X platform that a recent security vulnerability affecting some blockchains built on Cosmos EVM Stack has been discovered. The vulnerability involves related functional modules and has impacted Layer 1 blockchains in the production environment.

Bitcoin ecosystem project BTCS announces that it will officially launch its mining ecosystem on March 20, 2026. Based on the BTC Rollup layer-two network, it aims to expand the application value of Bitcoin. The project will also launch multiple core applications to gradually build a complete BTC layer-two ecosystem.

Gate News Report, March 10 — According to Gate market data, at the time of press, SUI (Sui) is trading at $0.96, up 7.01% in the past 24 hours. The price reached a high of $0.99 and a low of $0.87, with a 24-hour trading volume of $632 million. The current market capitalization is approximately $3.726 billion, an increase of $244 million compared to yesterday. Sui is a modular decentralized infrastructure platform dedicated to integrating assets, data, permissions ownership, programming, and verification into a complete tech stack. Sui Stack provides developers with a native suite of tools, including asset and service coordination, a trusted data layer, data security, verifiable off-chain computation, liquidity management, and identity management. The platform supports the Move smart contract language,

Gate News Announcement, March 10th, Cosmos Labs disclosed that a security vulnerability has been recently discovered, affecting some blockchains built on the Cosmos EVM Stack. This vulnerability has impacted Layer 1 blockchains in the production environment.

Virtuals Protocol launched the ERC-8183 standard on March 10th, aiming to build a business layer for AI agents. The standard includes the "Job" primitive and three-party roles, supporting state transitions and custom logic, providing a business foundation and reputation signals.

Stablecoins have seen a significant increase in blockchain settlement volume, with the Solana network performing outstandingly, reaching $650 billion in transfers by 2026. Their applications have expanded to cross-chain settlements, DeFi collateral, and other areas, with market attention on stablecoins becoming increasingly focused on their role as an important payment layer. User engagement has increased, and stablecoins are transforming into the foundational infrastructure for blockchain payments.

Gate News Bot Message, March 09, According to CoinMarketCap data, at the time of press, HUMA (Huma Finance) is currently trading at $0.02, up 17.94% in the past 24 hours, with a high of $0.02 and a low of $0.01. The current market cap is approximately $53.4 million, an increase of about $8.12 million compared to yesterday. Huma Finance is the first PayFi network that accelerates global payments through real-time liquidity. Huma 2.0 offers permissionless DeFi yields driven by real payment flows, allowing users on the Solana chain to choose their yield methods and access DeFi. Huma provides a modular six-layer framework—covering high-speed chains, stablecoins, custody, compliance, financing, and applications—to

Gate News Bot Message, March 09 — According to CoinMarketCap data, as of press time, NAORIS (Naoris Protocol) is trading at $0.04, up 28.49% in the past 24 hours. The highest price reached $0.04, while the lowest dropped to $0.02. The current market capitalization is approximately $23 million, an increase of $5.09 million from yesterday. Naoris Protocol is the first Sub-Zero Layer 1 blockchain, combining security layer and sovereign L1. It uses dPoSec™ consensus mechanism, Swarm AI, and quantum-resistant DePIN architecture to provide real-time trust verification for the entire decentralized ecosystem. The project completed testnet launch on January 31, 2025, and finished testnet and officially launched $NAORIS token trading on November 12. Protocol