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Gate Research: BTC Faces Resistance in Upward Breakthrough, Solana Ecosystem Projects See a Surge in Funding
Advanced

Gate Research: BTC Faces Resistance in Upward Breakthrough, Solana Ecosystem Projects See a Surge in Funding

Gate Research Daily Report: October 8, BTC faced resistance and experienced a pullback, with trading volume weakening. Despite the short-term correction, the overall trend has not significantly reversed. The U.S. Bitcoin spot ETF saw a net inflow of $235 million, while the Ethereum ETF had no net inflow. In Q3, 29 projects within the Solana ecosystem raised $173 million, the highest level since Q2 2022. Premier League clubs have secured nearly £130 million in sponsorship deals with crypto companies in 2024, marking a 30% year-on-year growth. HBO has released a documentary titled Money Electric: The Bitcoin Mystery, investigating the identity of Bitcoin’s creator. An official from the European Central Bank has proposed the creation of a unified digital asset ledger to promote financial integration and improve efficiency. The Arbitrum Foundation recently announced the launch of the "Road to Devcon" initiative, focusing on increasing investment and attention in the Asian market.
10/9/2024, 2:30:24 AM
Beginner's Guide to SHRAPNEL: the AAA Blockchain Shooter Game
Beginner

Beginner's Guide to SHRAPNEL: the AAA Blockchain Shooter Game

This article introduces "SHRAPNEL," an upcoming AAA extraction shooter game set to launch on PC in 2025. The game combines high-risk challenges, creative modding tools, and a vibrant community marketplace, running on the Avalanche blockchain, allowing players to create and mint NFTs.
8/7/2024, 7:36:44 AM
Render Network: A Pioneering Solution for Decentralized Rendering in the Booming AI Landscape
Beginner

Render Network: A Pioneering Solution for Decentralized Rendering in the Booming AI Landscape

This article provides an in-depth analysis of RNDR's operational model, including project mechanisms, team, token economics, and network migration, among other aspects.
3/11/2024, 5:32:27 AM
Exploring Layer1 Solution Saga
Intermediate

Exploring Layer1 Solution Saga

This article focuses on Saga as a Layer 1 solution supporting Web3 applications. Through shared security and cross-chain standardized automated deployment pipelines, it enables developers to easily launch parallel and interoperable dedicated chains. The article will detail its features, technical architecture, ecosystem projects, and team background.
12/31/2024, 2:00:01 AM
Render Network: Linking global GPU energy and leading a new revolution in 3D rendering
Intermediate

Render Network: Linking global GPU energy and leading a new revolution in 3D rendering

Render Network uses smart contracts to build a decentralized rendering service ecosystem and utilizes distributed computing resources. This process not only increases rendering efficiency, but also reduces costs, provides high-quality rendering results, and achieves more efficient resources. Utilization enables creators to cost-effectively access GPU resources. Repost the original title:Render Network: Linking global GPU energy and leading a new revolution in 3D rendering
6/19/2024, 10:19:59 AM
Detailed explanation of Bitcoin Layer 2 network Stacks
Beginner

Detailed explanation of Bitcoin Layer 2 network Stacks

This article introduces how Stacks brings smart contracts to the Bitcoin blockchain and discusses the investment value of the STX token. Stacks achieves symbiosis with Bitcoin through the POX consensus mechanism, where miners earn STX rewards by producing blocks, and holders earn BTC rewards by participating in Stacking. Stacks also implements the sBTC mechanism, allowing smart contracts to read Bitcoin state and settle transactions on the Bitcoin chain. With a first-mover advantage, Stacks' ecosystem covers areas such as wallets, NFTs, DEX, DeFi, etc., and STX, as the native token, holds long-term investment value. With the development of the Bitcoin L2 track, the Stacks ecosystem is poised for significant growth, demonstrating enormous potential.
3/20/2024, 12:13:02 AM

Your Gateway to Crypto World, Subscribe to Gate for A New Perspective

Your Gateway to Crypto World, Subscribe to Gate for A New Perspective