- Market Commentary: On September 2, Bitcoin moved higher amid volatility, reaching a peak of $109,700 and briefly breaking above the $110,300 mark. Ethereum stabilized after a pullback and is currently consolidating within the $4,350–$4,380 range.
- Trending Tokens: JELLYJELLY surged 30.25% in 24 hours, driven by application expectations and capital inflows. ELA gained 22.63%, supported by the development of the Bitcoin-backed stablecoin ecosystem. ESPORTS rose 21.42% as multiple exchange listings improved liquidity.
- Alpha Insights: The market cap of gold-backed tokens surpassed $2.57 billion, reflecting increased safe-haven demand. Dogecoin traded in the $0.21–$0.22 range, with institutional trading volume exceeding 800 million DOGE. The Solana community approved the Alpenglow upgrade proposal, marking a comprehensive restructuring of its consensus, economic, and security models.
Discover more today → Gate Research: Solana Undergoes Historic Restructuring ｜ Bitcoin Edges Higher Amid Volatility
Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides readers with in-depth content, including technical analysis, hot spot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.
Disclaimer
Investing in the cryptocurrency market involves high risk. Users are advised to conduct independent research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages resulting from such investment decisions.
Gate Team
Gateway to Crypto
Trade over 4,500 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
