- Market Commentary: On November 24, BTC’s current price has retraced to around $86,600. If it continues to break below the short-term moving average support, it may face further downside toward the $85,800–$84,500 support range. ETH showed a slightly bearish consolidation pattern, encountering resistance around $2,840 and currently oscillating near the $2,780 level.
- Hot Tokens: TNSR rose 53.24%, driven by strengthened fundamentals, short squeeze dynamics, and deflationary expectations from the burning of 21.6% of unallocated tokens. PARTI, focused on “chain abstraction,” gained 41.58% as Universal Accounts accelerated real-world adoption, including RWA cross-chain issuance. DYM increased 23.68%, catalyzed by rising trading activity and the approval of the Beyond upgrade proposal.
- Alpha Insights: Ethena’s Q3 fee revenue hit a record high, surpassing $150 million; video-sharing platform Rumble launched the Rumble Wallet, supporting BTC, XAUT, and USDT tipping; Wormhole Labs introduced Sunrise, bringing assets like MON into the Solana ecosystem.
Discover more details today → Gate Research: Ethena Q3 Fee Revenue Hits Record High｜Rumble Wallet Launches with BTC Tipping Support
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Gate Team
24 Kasım 2025
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