Gate Research Institute: Institutionalization of Ethereum accelerates, CFX rises over 111%, Aave TVL hits all-time high | Gate VIP Weekly Report

Summary

• Alpha Mining: BTC quickly retraced after reaching a high of 123,000 USDT, entering a phase of high-level oscillation and consolidation; the bullish structure of ETH is significantly better than that of BTC during the same period, with the price climbing to around 3,760 USDT. In terms of altcoins, Conflux (CFX) surged by 111.98% due to the release of version 3.0 and the “Belt and Road” settlement pilot program, while Tezos (XTZ) recorded a significant increase of 66.46% due to enhanced ecological activity.

• On-chain funds: Ethereum leads with a net inflow of $375 million, as the institutional wave accelerates, covering ETF advancements, corporate buybacks, and a breakthrough in staking scale, reshaping its value system. At the same time, benefiting from institutional capital inflow, the upcoming Aave V4 technology upgrade, and the multi-chain expansion of the GHO stablecoin, Aave’s TVL has surpassed $33.5 billion, setting a new historical high.

• Policy Level: The U.S. Congress has passed several pieces of cryptocurrency legislation, particularly the advancement of bills such as the GENIUS Act, signaling that the U.S. is accelerating the establishment of a comprehensive and clear cryptocurrency regulatory framework.
  

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