Gate Research Institute: BTC long-term signals remain bullish | Ondo expands to Solana and adds tokenized stocks

Cryptocurrency Asset Overview

BTC (+1.19% | Current price 90,086.0 USDT)

In the past week, BTC stabilized at low levels after a rapid decline, with prices oscillating around a key support zone. After six days of decline, the current trading price fluctuates between $88,000 and $89,000, nearly 10% below the recent high of approximately $98,000. Factors behind this decline include: Trump’s threat to impose tariffs on Greenland, significant adjustments in global bond prices, record highs in precious metals, and market risk asset sell-offs. Currently, short-term moving averages remain below medium- and long-term averages, and the trend has not fully reversed. However, MACD is rising from low levels, bearish momentum is weakening, indicating a temporary easing of downward pressure and a phase of recovery.

ETH (+2.11% | Current price 3,026.99 USDT)

ETH’s trend is similar to BTC, with a rebound after an earlier decline, currently oscillating above previous lows. ETH failed to hold the resistance levels of $3,300 to $3,400. The moving average system remains bearish, but the downward slope has slowed, MACD has formed a golden cross and is diverging upward, and momentum is gradually improving. In the short term, the structure shows a stabilization and a wait-and-see approach for direction.

GT (+2.46% | Current price 10.00 USDT)

GT’s price shows a clear rebound after touching the lower Bollinger Band. On the 4-hour chart, the price has successively risen above MA5 and MA10, gradually approaching MA30; MACD has generated a bullish crossover and is diverging upward, indicating momentum recovery; RSI has risen to near neutral, showing short-term sentiment stabilization. The overall trend leans toward oscillation and rebound.

Daily Gainers and Losers Tokens

In the past 24 hours, the crypto market experienced a slight rebound, with mainstream assets turning positive overall, though market sentiment remains cautious. The Fear and Greed Index has fallen to 20, in the “Extreme Fear” zone, indicating that price recovery has not effectively boosted risk appetite. Structurally, BTC and ETH rebounded approximately 1.1% and 1.8%, respectively, providing main support to the index. Major coins like XRP, SOL, and others gained 1%–3%, showing a broad market rally. However, overall gains are limited, trading volume remains weak, reflecting that current movements are mainly emotional recovery and technical rebounds, with funds mostly on the sidelines. Amid this, some tokens continue to attract capital, and detailed analysis of these assets follows.

PIPPIN Pippin (+30.79%, Market Cap $364 million)

According to Gate data, PIPPIN token is currently priced at $0.36801, up over 30.79% in 24 hours. Pippin is an SVG unicorn IP project generated based on ChatGPT-4o’s latest LLM architecture, founded by well-known AI and venture capital figure Yohei Nakajima. His influence in AI for VC, BabyAGI, and other open-source projects has given Pippin high visibility and a solid foundation for dissemination since its inception.

This rally was not accompanied by significant official announcements or new community activity, likely driven by short-term capital renewed interest in AI concepts and IP narratives. With a relatively limited circulating market cap, sentiment-driven and capital-focused trading amplified price elasticity, leading to rapid price surges. Overall, it is more of a short-term speculative and narrative-driven market.

ROSE Oasis Network (+23.32%, Market Cap $153 million)

According to Gate data, ROSE is currently priced at $0.02041, up over 23.32% in 24 hours. Oasis Network, driven by Oasis Labs, is a decentralized blockchain platform focused on privacy protection and high-performance needs, positioning itself as a “cloud computing blockchain platform.” By separating consensus and execution layers and integrating trusted execution environments (TEE) and privacy computing tech, it enhances on-chain computation efficiency while ensuring data security and privacy, enabling complex applications in data privacy, finance, and AI.

This rally was mainly driven by narrative and event resonance: on one hand, Oasis has recently emphasized “Trustless Privacy” and the value of privacy computing in AI scenarios, showcasing ecosystem and infrastructure progress; on the other hand, official signals about $ROSE buybacks, lowering usage barriers, and launching end-user products have reinforced market expectations of its infrastructure role and medium- to long-term demand, attracting capital inflows and amplifying short-term gains.

ALCH Alchemist AI (+23.92%, Market Cap $95.71 million)

According to Gate data, ALCH is currently priced at $0.11233, up over 23.92% in 24 hours. Alchemist AI is a multi-agent AI application platform for developers and creators, featuring a self-developed multi-agent orchestration engine that can coordinate over 16 large language models simultaneously, completing complex generation tasks through multi-layered real-time logic collaboration, supporting direct application, game, and interactive content creation during generation. The platform emphasizes “what you see is what you get.”

This rally was mainly driven by product progress and narrative expectations: on one hand, the launch of version 3.5 enhanced multi-agent and parallel reasoning capabilities, increasing market confidence in its technical barriers and usability; on the other hand, recent signals of technological upgrades, ecosystem collaborations, and partnerships with platforms like Wikicoin, combined with expectations that ALCH token holders will gain product access rights, have attracted capital inflows and amplified short-term gains amid a relatively limited market cap.

Hotspot Analysis

BTC faces short-term pressure, with capital structure divergence; long-term signals remain bullish

As gold and silver prices continue to strengthen, Bitcoin has retreated to around $90,000. The market shows a structural rotation of “risk-off assets attracting capital, risk assets under pressure.” However, on-chain capital behavior indicates that the current correction mainly reflects a rebalancing of holdings rather than a trend reversal.

On-chain data shows that large addresses and long-term holders continue to accumulate during the correction, while small retail wallets have significantly reduced holdings, indicating short-term cautious sentiment. This “whales buying, retail selling” divergence often appears at bottoming or consolidation zones, suggesting that while short-term prices weaken, long-term capital continues to accumulate, forming a bullish divergence signal.

Ondo expands to Solana, adding tokenized stocks and ETF assets

Ondo Finance announced that its Ondo Global Markets has officially expanded to the Solana network, introducing over 200 tokenized stocks and ETF products for approximately 3.2 million active users. This expansion enhances Solana’s capacity in real-world assets and enriches tradable traditional financial assets on-chain, further strengthening its role as a high-performance financial blockchain.

The asset structure of the new offerings is broad, including tech stocks, growth stocks, blue chips, as well as ETFs tracking overall markets and specific sectors, along with leveraged long and short ETFs. In commodities and thematic investments, products extend to gold, silver, and other commodities, as well as AI and electric vehicle sectors, promoting diversified asset allocation and trading strategies within the Solana ecosystem.

Solayer establishes a $35 million ecosystem fund to accelerate high-performance on-chain applications

Solayer announced a $35 million ecosystem fund focused on supporting high-throughput, revenue-oriented on-chain applications based on the infiniSVM architecture. The fund targets early and growth-stage development teams, helping them create products suitable for high-frequency on-chain operation, and pushing high-performance blockchain applications from concept to scale.

Application focus includes scenarios demanding low latency, high execution efficiency, and continuous transaction processing, such as DeFi protocols, consumer-grade apps, payment infrastructure, and AI systems requiring real-time execution and on-chain settlement. This strategy aims to leverage infiniSVM’s performance advantages to support applications closer to real business needs, with the ecosystem fund acting as a catalyst to attract teams with clear revenue models and strong technical execution, accelerating sustainable on-chain application and capital cycles.
References:

• Gate, https://www.gate.com/trade/BTC_USDT
• Farside Investors, https://farside.co.uk/btc/
• Gate, https://www.gate.com/trade/ETH_USDT
• CoinGecko, https://www.coingecko.com/en/cryptocurrency-heatmap
• X, https://x.com/Cointelegraph/status/2014118347890106375/photo/1
• X, https://x.com/OndoFinance/status/2013982573572088224
• Solayer, https://solayer.org/resources/blog/solayer-launches-35-million-ecosystem-fund-to-back-high-throughput-revenue-driven-applications-on-infinisvm

Disclaimer Investing in cryptocurrencies involves high risks. Users are advised to conduct independent research and fully understand the nature of assets and products before making any investment decisions. Gate We are not responsible for any losses or damages resulting from such investment decisions.