Gateway to Learning

Gate Research Daily Report: On May 12, BTC fell 0.31% to 103,850 USDT; ETH dropped 1.44% to 2,500.76 USDT; Sectors such as Meme, Gate ETF, and AI Agent significantly outperformed the market average; Bitcoin dominance declined 3.4% over the past week to 61.9%; The Altcoin Season Index rebounded to 36, a notable increase from the April low; The Federal Reserve’s balance sheet reduction is slowing, with total assets now reduced to $6.7 trillion.

This report aims to provide a comprehensive analysis of Sonic's ecosystem development by highlighting its core strengths and challenges, and comparing them to Fantom during its peak. By evaluating multiple dimensions including competitive landscape, technological advancement, user growth, and ecosystem development, the report explores whether Sonic has the potential to replicate Fantom's former glory and assesses its strategic direction and risk mitigation in today's complex market environment.

Gate Research Daily Report: On May 9, Bitcoin trades at $102,934 and Ethereum at $2,214. Bitcoin’s market cap has reclaimed the $2 trillion mark, surpassing Google to become the world’s sixth-largest asset. Rumble reported a 34% YoY revenue increase in Q1 and is betting on crypto wallets to challenge Coinbase. Stablecoin trading volume hit an all-time high of $1.82 trillion last month. Superstate launched the “Opening Bell” platform to enable on-chain issuance and trading of SEC-registered equities. Bridge unveiled USDB, a developer-focused stablecoin fully backed 1:1 by cash and BlackRock money market funds.