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Gate Research Institute: PENGU rose nearly 40%, WorldChain active rise, Sui ecosystem strongly recovered | Gate VIP Weekly Report
Summary
Alpha Mining: BTC is in a high-level consolidation, waiting for a directional breakout; ETH, on the other hand, shows strength, steadily approaching 4,000 USDT. In terms of altcoins, Pudgy Penguins (PENGU) benefits from the expanding influence of its IP and social media marketing, with a weekly increase of nearly 40%; Ethena (ENA) also achieved over 31% increase due to the launch of the USDtb stablecoin and strong buying power from whales.
On-chain funds: WorldChain recorded a net inflow of 116 million USD in a single week, with TVL soaring by 32.64% and daily active addresses doubling. The Sui ecosystem also completed a strong recovery this week, with total locked assets doubling to 4.4 billion USD and daily active addresses rising to 2.6 million. In addition, U.S. listed companies continue to increase their holdings of SUI tokens, indicating that its ecosystem not only possesses recovery resilience but also gains recognition and participation from institutional capital.
This report will provide an in-depth analysis of the above trends and offer detailed market data and technical interpretations. Click to view the full report, accurately grasp market dynamics, gain a forward-looking strategic perspective, and uncover the next round of potential opportunities.
Gate Research Institute is a comprehensive blockchain and cryptocurrency research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.
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