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Gate Research: This report covers key blockchain industry developments from April 11-17, 2025. Ethereum gas fees hit a record low, with the average transaction cost in March plummeting 80% compared to the end of last year; Gate.io released its Q1 2025 report, showing growth in both trading volume and reserves; OM experienced a flash crash with a peak drop of over 90%; TRON reported record-high quarterly revenue of $760 million; Solana raised its block compute limit, further enhancing network performance; Sony-backed Soneium partnered with EigenLayer to reduce blockchain finality time by 98%, setting a new benchmark for L2 performance; and the depegging of sUSD worsened, triggering market panic.

Gate Research: This week, Huddle01, Mint Blockchain, Gradient Network, and ByteNova have all presented opportunities for users to engage with the Web3 ecosystem. Huddle01 is a Web3-based decentralized video conferencing platform where users can earn points by completing social tasks, missions, interacting with applications, collecting badges, and inviting friends. Mint Blockchain, a Layer 2 blockchain focused on the NFT ecosystem, is distributing its airdrop in phases to MintID stakers, GreenID users, and Mint Expedition participants. Gradient Network, a decentralized edge computing platform built on Solana, allows users to earn points through registration, completing tasks, installing browser extensions, and inviting friends. ByteNova, a decentralized edge AI ecosystem, enables users to earn points by connecting wallets and social accounts, inviting friends, completing tasks, and checking in daily—these points will later be converted into rewards. All of these projects are in their early stages of developmen

In 2025, crypto ETFs expanded to alternative assets such as Solana, XRP, and DOGE, with mainstream asset management firms rushing to submit applications. This article provides a detailed analysis of the current status of ETF applications, the likelihood of approval, and their potential impact, outlining the key path for crypto assets to integrate into the traditional financial system.