- Market Overview: On June 30, BTC surged quickly from around 107,200 USDT, reaching a peak of approximately 108,600 USDT and is now consolidating at relatively high levels. ETH broke through the key 2,500 USDT level in one move, briefly touching a high of 2,511.39 USDT.
- Trending Tokens: Arbitrum (ARB) rose by 16.39%, driven by DeFi activity within its ecosystem and recent new incentive measures; Aave (AAVE) gained 7.3%, supported by strong user stickiness, market contributions, and record loan volume and revenue; the emerging meme coin SPX increased by 6.62% amid improving economic data and recovering market sentiment.
- Alpha Insights: Babylon Genesis Chain will adopt a dual virtual machine architecture combining EVM and CosmWasm to enhance BTCFi compatibility; the CBDC project led by the Bank of Korea has been paused, shifting focus toward KRW stablecoins; Metaplanet issued 30 billion JPY in zero-coupon corporate bonds to purchase additional Bitcoin.
- Gate Launchpool: Gate is currently offering subscription for Blum (BLUM). Users can stake BLUM to claim a free airdrop of 900,000 BLUM before 12:00 (UTC) on July 11, 2025. Blum is a decentralized exchange (DEX) designed to simplify the user experience through its innovative crypto trading and mining features. It supports various tokens and eliminates the complexity of switching between different blockchains or handling native token gas fees.
Discover more details today → Gate Research: Metaplanet Raises JPY 30 Billion to Increase Bitcoin Holdings｜Bank of Korea Halts CBDC and Shifts Focus to KRW Stablecoin
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Gate Team
June 30th, 2025
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