Gate Research Monthly Report: In October, the cryptocurrency market fluctuated between a total market capitalization of $2.2 trillion and $2.5 trillion, impacted by the uncertainty surrounding the U.S. election results and geopolitical tensions. The market displayed a cautious, wait-and-see attitude. Solana saw a significant increase in daily active addresses, reaching 8.17 million on October 29, marking a month-on-month growth rate of 39.7%. The surge in MEME token trading likely contributed to the rise in on-chain active addresses. The Web3 industry attracted a total of 96 funding rounds, raising an impressive $793 million. Among these, the wallet and CeFi sectors were the most active, securing $210 million and $153 million, respectively.