Gate Research: Weekly Report, Analysis, Hot Topics, and Airdrop Overview

For the week of April 11 to April 17, 2025, Gate Research continued to track trends in the crypto market, policy developments, and technological advancements. BTC has maintained its recovery trajectory since the beginning of the month, currently priced at 84,152 USDT. ETH has found some support around 1,550 USDT, though overall market sentiment remains cautious. Macroeconomic policies and regulatory updates continue to shape market trends. Innovation within the Web3 ecosystem is ongoing, with increased activity in the DeFi and cross-chain sectors. Below is a summary of this week's key insights:

Weekly Highlights

• Market Dynamics: BTC has continued its rebound and correction pattern since early this month and is currently trading at 84,152 USDT. ETH has found some support around 1,550 USDT, but a solid rebound structure has yet to form. The total value locked (TVL) in multi-chain DeFi has dropped by 27.5%, with Berachain rising to become the sixth-largest network.
• Policy & Regulation: The Panama City Council has unanimously passed a new policy allowing residents to use cryptocurrency for tax payments and municipal services, making it the first local government in the country to adopt such payment methods.
• DeFi & Public Chain Ecosystem: Solana continues to dominate as the leading DEX platform, while Sonic and Berachain have rapidly gained market share. Soneium, a blockchain network backed by Sony, has announced strategic partnerships with AltLayer and EigenLayer to launch a "Fast Finality Layer."
• Read the full report: Gate Research: sUSD Depeg Risk Intensifies, Berachain Enters Top 6 TVL, Raydium Launches LaunchLab

Selected Research Reports

• Policy & Macroeconomic Developments: The U.S. March PPI (Producer Price Index) came in at 2.7% year-over-year, lower than the expected 3.3% and the previous 3.2%. The SEC will host its second crypto roundtable and is expected to introduce a "crypto regulatory sandbox," signaling a move toward a unified federal regulatory framework with clearer policy expectations. Canada has taken the lead by approving a spot Solana ETF and enabling a staking mechanism, showcasing its progressive stance in crypto asset regulation and product innovation.
• Key Industry Events: Hawkish remarks from Fed Chair Powell indicate that economic policy remains uncertain, potentially opening the door to more lenient crypto regulation. Panama's move to allow government agencies to accept crypto payments marks another step forward in the global adoption of digital currencies.
• Web3 Ecosystem Expansion: EigenLayer will activate a slashing mechanism on its mainnet to penalize nodes that violate protocol rules. Sony-backed Soneium, in collaboration with EigenLayer, has reduced blockchain finality time by 98%, setting a new performance benchmark for Layer 2 networks.
• Read the full reports: Gate Research: Web3 Policy and Macro Developments (April 11–17, 2025)
• Read the full reports: Gate Research: Web3 Events and Crypto Technology Developments (April 11–17, 2025)

Hot Topics

• Public Chains & DeFi Ecosystem: TRON reported Q1 revenue of $760 million, with the total stablecoin market cap exceeding $66.2 billion, maintaining its global leadership position. Ethereum network gas fees hit record lows, with March's average transaction costs dropping 80% compared to the end of last year.
• Industry Trends & Innovation: Solana has increased its block computation cap, marking another network performance upgrade. Sony-backed Soneium and EigenLayer have cut blockchain finality time by 98%, reshaping the performance standard for Layer 2.
• Cross-Chain & Compliance Trends: Again highlighting its partnership with EigenLayer, Sony's Soneium has slashed finality time by 98%, reinforcing its role in redefining L2 efficiency benchmarks.
• Read the full report: Gate Research: Weekly Hot Topics (April 11–17, 2025)

Hot Airdrops

• Huddle01: Huddle01 is a decentralized video conferencing platform built on Web3. It aims to provide secure, private, and open communication solutions for NFT communities, DAOs, developers, and Web3 enthusiasts.
• Mint Blockchain: A Layer 2 blockchain focused on the NFT ecosystem, built on the OP Stack. It is dedicated to enhancing the creation, trading, and management experience of NFTs.
• Gradient Network: Gradient Network is a decentralized edge computing platform built on the Solana blockchain. It aims to make computing services more inclusive, accessible, and cost-effective through the sharing of distributed computing resources.
• ByteNova: Formerly known as ClustroAI, ByteNova is a decentralized Edge AI ecosystem founded in 2023. The project is based on a containerized architecture, GPU-accelerated orchestration, and a protocol-driven framework, aiming to provide low-latency processing, enterprise-grade security, and scalable solutions for next-generation AI applications.
• Read the full report: Gate Research: Hot Airdrops (April 14–18, 2025)

Disclaimer
This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit all or part of its services in certain restricted regions. For more information, please read the User Agreement here: https://www.gate.com/user-agreement.
Investing in the cryptocurrency market involves high risk. It is recommended that users conduct independent research and fully understand the nature of the assets and products they purchase before making any investment decisions. Gate is not responsible for any losses or damages from such investment decisions.

Gate Team April 18, 2025 **Gateway to Crypto** Trade over 4,400 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves