- Market Commentary: On September 16, BTC pulled back after a brief surge and is now consolidating around $115,000; ETH showed relative weakness today, quickly retreating after testing $4,660.
- Popular Tokens: U surged over 40% following the positive catalyst of its mainnet launch. MERL performed strongly, benefiting from massive whale accumulation and ecosystem growth. UB saw a sharp increase in trading volume, supported by strong buying momentum and growing market enthusiasm for AI tokens, sending its price sharply higher.
- Alpha Insights: Shibarium suffered a hacker attack, sending the memecoin sector sharply lower; PayPal will enable peer-to-peer crypto payments, allowing direct transfers of BTC, ETH, and more; the Ethereum Foundation launched the Fusaka audit competition, with total rewards exceeding $120,000.
- Gate Launchpool: Gate has opened subscriptions for Boundless (ZKC). Users can stake ETH before 14:00 (UTC) on September 18, 2025, to receive a free airdrop of 133,334 ZKC. Boundless is a universal ZK protocol designed to bring internet-scale scalability to blockchains. It introduces a new incentive mechanism for verifiable proof-of-work, rewarding prover nodes with its native token $ZKC to generate proofs for various L1s, rollups, cross-chain bridges, and applications across ecosystems.
Discover more details today → Gate Research: Memecoin Sector Plunges | PayPal to Enable Crypto Transfers
Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis.
Disclaimer
Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own 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 arising from such 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
