Gate Research Institute: SOON weekly rise exceeds 195%, DeFi market experiences turbulence, WorldChain active addresses surpass one million ｜Gate VIP Weekly Report

Highlights of Last Week's Market Overview

Alpha Juejin: BTC showed signs of stabilization after a continuous decline on November 8, with the price gradually rebounding from a low of about $99,000 to above $105,800; ETH also rebounded after hitting a low of $3,050 over the weekend, rising to above $3,630. SOON surged over 195.63% last week, becoming the most eye-catching token; DCR and ICP also recorded increases of 83.49% and 80.30%, respectively.

On-chain funds: WorldChain active addresses have surpassed 1 million, with DAU stabilizing above 60,000, making it one of the most outstanding public chains in terms of on-chain data performance, and ecological activity has significantly increased. The “human verification economy” and DeFi expansion are gradually building an ecological closed loop, laying the foundation for the medium to long-term value growth of WorldChain. The hack of Balancer and the collapse of Stream Finance have led to a capital outflow of over $1 billion, impacting the DeFi industry.

This report will conduct an in-depth analysis of the aforementioned trends and provide detailed market data and technical interpretations. You are welcome to click to view the full report, accurately grasp market dynamics, obtain a forward-looking strategic perspective, and uncover the next round of potential opportunities. <br> <center><strong style=“font-size: 1.5em;”>(Click below to get the full report)</strong></center> <br> Gate Research Institute is a comprehensive blockchain and cryptocurrency research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.

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