Gate Research: BTC Surges Past $71,000, Jupiter TVL Hits Record High
Gate Research Daily Report (October 29): In the past 24 hours, BTC has increased by 2.84%, approaching the $72,000 resistance level. The Total Value Locked (TVL) on Solana’s decentralized exchange Jupiter has reached a new high, and the market capitalization of Liquid Staking Tokens (LSTs) has exceeded $5 billion. Base protocol fees have surpassed $23 million. Phantom wallet experienced a temporary outage due to the Grass airdrop, and Circle has released a privacy framework for ERC-20 tokens. Additionally, Elon Musk’s PAC activities are now facing a lawsuit.
Market Analysis: BTC prices rose 2.84% in the past 24 hours, reaching $71,273, approaching the resistance level of $72,000.
Top Performers: The notable tokens in the past 24 hours are SANTOS, TROY, and DIMO.
Data Highlights: The total market capitalization of Solana’s liquid staking tokens (LSTs) has surpassed $5 billion, setting a new historical high.
Spotlight Analysis: The Phantom wallet experienced a major backend incident, possibly due to the Grass airdrop, causing significant outages.
Market Opportunities: Three projects have publicly announced funding, with the highest amount raised being $11 million, covering the infrastructure, DeFi, and BTCFi sectors.
Explore today’s details 👉🏻 Gate Research: BTC Surges Past $71,000, Jupiter TVL Hits Record High
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Gate.io Team
Oct 29th, 2024