Airdrop

Gate Research Weekly Report: BTC saw a strong rebound followed by a period of consolidation at higher levels over the past day. ETH quickly reversed after dipping to $2,719.28 on December 2 and continued to set new local highs during the subsequent rally. Gate recently listed TRADOOR spot and perpetual contracts, with the token surging more than 170% in 24 hours. The Ethereum Fusaka upgrade is progressing smoothly; Web3 project registrations in the Cayman Islands have surged; and PayPal’s PYUSD stablecoin has seen substantial growth. Kalshi and Polymarket recorded nearly $10 billion in combined trading volume in November, marking their strongest month on record. ENA, LINEA, and BB are scheduled to unlock approximately $50.92 million, $12.75 million, and $2.51 million worth of tokens, respectively, over the next seven days.

Gate Research Daily Report: On December 3, the broader crypto market saw a mild recovery. BTC and ETH rebounded to the $91,000–$93,000 range and above $3,000, respectively, with short-term momentum strengthening in tandem. Among top movers, PIEVERSE (+78%) surged on strong demand following its on-chain AI Agent recruitment event; LIGHT (+44%) became a focal point within the Bitcoin ecosystem amid major RGB cross-layer DEX progress; and PARTI (+33%) rallied on Universal Accounts expanding to Monad alongside several ecosystem integrations. On the industry side, Bitcoin mining profitability has fallen to historic lows, putting miners under significant margin pressure. Tether Data launched QVAC Fabric LLM, a low-barrier framework enabling local AI model training on consumer hardware. Meanwhile, Flow advanced its shift toward financial infrastructure, rolling out native credit-market protocols and expanding its DeFi-oriented roadmap.

Gate Research Daily Report: Bitcoin fell further below $84,000 on Tuesday, and dragged by BTC’s correction, Ethereum dropped below $2,800 over the past 24 hours, approaching its key $2,600 support again. Ancient8 announced a partnership with the gaming identity layer Dæmons, driving A8 up 89% in the past 24 hours; PRIME’s recent gains were mainly fueled by exchange listings and trading incentives, rising 45% over the same period. Kalshi announced it will tokenize thousands of its existing prediction market contracts on Solana, a move likely to attract more institutional and retail participation; meanwhile, Strategy established a $1.44 billion dividend reserve fund to support payouts, signaling robust cash flow and liquidity management to investors.

Gate Research Daily Report: On December 1, BTC experienced a high-volume plunge after a prolonged sideways consolidation at the upper range, forming a rapid downward structure and hitting a low of $86,317, confirming a short-term trend shift from sideways to bearish. ETH had been consolidating near $3,030 for several days but repeatedly failed to break above resistance, with momentum gradually weakening. The price then sharply broke down near the dense moving average zone, falling to a low of $2,831. In November, cryptocurrency trading volume fell to $1.6 trillion, the lowest level in nearly five months. TON and the Telegram ecosystem officially launched the decentralized privacy computing network Cocoon. A Chainlink spot ETF is expected to launch this week, while Grayscale plans to convert its private trust into an ETF.

Gate Research Daily Report: On November 28, BTC saw a clear volume-driven breakout after several days of wide-range consolidation; ETH remains in a strong market structure; GT continues to maintain a solid short-term uptrend; and BBT became the spotlight with an impressive +83.14% surge. MegaETH issued full refunds due to disorganized pre-deposit fundraising and plans to relaunch its cross-chain bridge. The Monad mainnet has officially gone live, with multiple ecosystem projects releasing new earning opportunities. Meanwhile, Ethereum has raised its block gas limit to 60 million, reaching record-high throughput ahead of the upcoming Fusaka upgrade.

From November 11 to November 24, 2025, the crypto market retreated under AI-bubble concerns and macro tightening pressures, though BTC and ETH staged a short-term rebound from local lows, keeping the broader structure in a consolidation phase. The top 500 tokens by market cap declined about 15% on average, with mid- and small-cap assets showing notable divergence—BEAT surged 436% to lead the market, while narrative-driven tokens such as SOON retraced 50–70%. A clear volume-price mismatch emerged, as tokens like AGENTFUN and XSO saw 10–15x volume spikes without meaningful price follow-through, reflecting cautious short-term sentiment despite ongoing structural opportunities. Amid this backdrop, several sectors—including prediction markets, DID identity systems, testnet participation, and yield aggregation platforms—have begun launching airdrop-driven campaigns. This report summarizes key participation methods to help users capture testnet incentives and potential rewards during the rebound phase and position a

Gate Research Weekly Report: BTC and ETH have both reclaimed key psychological levels at $90,000 and $3,000, respectively, signaling a clear recovery in market sentiment. Funds are rotating across multiple sectors, including exchange tokens, Layer-1s, and meme coins. S&P downgraded Tether–USDT’s stability rating to “Weak” but Stable; the Cosmos community has initiated a new ATOM token proposal, reigniting debate over token-economic risks; and Ethereum co-founder Vitalik donated to privacy-focused communication efforts. Plasma’s token has fallen 90% from its early peak, with the project still far from delivering on its ambitious promises. Bitcoin faces a $13.6 billion monthly options expiry this Friday, with 77% of open interest sitting out-of-the-money. Resulting hedging flows may continue to amplify short-term volatility.

Gate Research Daily Report: On November 26, the crypto market stabilized amid extreme fear, with the Fear & Greed Index remaining at 15. BTC rose 0.57% while ETH gained 0.79%. Among top movers, Monad (+43.61%) saw strong inflows driven by its mainnet launch and rapid ecosystem deployment; Story Network (+21.66%) rallied on the launch of prediction markets, the migration of education and cultural datasets on-chain, and support from a publicly listed company; ICNT (+20.80%) gained traction following the release of its Q4 network metrics and the announcement of its “4-layer cloud stack.”At the industry level, Circle Arc introduced Gateway to enhance cross-chain USDC liquidity; crypto venture funding climbed to $4.59B in Q3, though capital remained highly concentrated; and USDe TVL drops to $7.6 billion, more than halving from its October level.

Gate Research Daily Report: Bitcoin rebounded after stabilizing around the $86,000 level, likely supported by renewed expectations of rate cuts; Ethereum began a recovery on Tuesday after consolidating for several days in the $2,700–$2,800 range. PIPPIN surged 103.36%, driven by renewed popularity of its AI-themed narrative and meme storytelling within trader communities; L3’s recent rally—up 82.58% in the past 24 hours—was fueled primarily by its token-scarcity model. AVAX One spent approximately $110 million to acquire 9.37 million AVAX, while CME U.S. Treasury open interest hit a record high, signaling a decline in investor risk appetite.

Gate Research Daily Report: On November 24, BTC’s current price has retraced to around $86,600. If it continues to break below the short-term moving average support, it may face further downside toward the $85,800–$84,500 support range. ETH showed a slightly bearish consolidation pattern, encountering resistance around $2,840 and currently oscillating near $2,780. Ethena’s Q3 fee revenue hit a record high, surpassing $150 million; video-sharing platform Rumble launched the Rumble Wallet, supporting BTC, XAUT, and USDT tipping; and Wormhole Labs introduced Sunrise, bringing assets like MON into the Solana ecosystem.

Gate Research Weekly Report: Crypto markets continue to consolidate amid persistent extreme fear. BTC edged up 0.43% to 92,700 USDT, while ETH rebounded to 3,040 USDT. Tensor (+102.63%) surged sharply as extreme negative funding rates triggered a short squeeze. Giga Chad (+61.29%) strengthened following whale calls and viral social-media hype tied to Walmart-listed supplements. During Devconnect, Vitalik signaled that Ethereum “must complete its quantum-resistance upgrade within the next four years,” sending an important message to the ecosystem. IBIT reported a net outflow of $523.15 million on Tuesday, marking its largest outflow on record. Meanwhile, BSOL saw $23 million in inflows on Tuesday, bringing its total inflows to over $600 million.

Gate Research Daily Report: Bitcoin broke its stabilization trend and saw another high-volume decline; Ethereum fell below the key $3,000 support for the first time. The migration from ai16z to ELIZAOS has been completed on major exchanges, pushing ELIZAOS up 18.00%. Dusk announced partnerships with Chainlink and the Dutch securities exchange NPEX, driving DUSK up 19.25%. The current market pullback is largely driven by rotation among long-term holders. 1inch launched its new liquidity protocol, Aqua, addressing DeFi’s long-standing liquidity fragmentation. The Canada Pension Plan Investment Board purchased $80 million worth of MSTR, reinforcing the trend of “large institutions = stable inflows.”

Gate Research Daily Report: On November 17, BTC remains in a short-term weak downward consolidation structure, with 92,976 USD forming a key short-term low and serving as the core defense for bulls. ETH is also in a short-term weak consolidation pattern but has shown a clear rebound signal after touching the 3,004 USD low. Ethereum spot ETFs recorded a historic third-highest weekly net outflow of 729 million USD. ZEC contract positions surpassed 1.5 billion USD, reaching a record high, with significant increases in privacy network trading activity. Meanwhile, Japan’s regulators plan to reclassify BTC, ETH, and other cryptocurrencies as financial products, potentially reducing tax rates to 20%.

Gate Research Daily Report: On November 14, after a period of volatile decline, BTC found short-term support near $98,000; ETH showed signs of a short-term rebound; GT stabilized with support around $10.9 and began to recover; while LUMINT became the market spotlight with a surge of over 670%. The first XRP spot ETF, launched by Canary Capital, began trading on Nasdaq; the Czech National Bank made its first-ever Bitcoin purchase, establishing a $1 million digital asset pilot portfolio; and Emory University doubled its Bitcoin holdings, investing $52 million to increase its stake in the Grayscale BTC ETF.

From October 28 to November 10, 2025, the crypto market continued its rotational pattern, with BTC and ETH rebounding to above $105,800 and $3,630, respectively. PoW and AI narratives became the core drivers of momentum. ORE surged 514%, while AIA and SOON rose 238% and 188%, attracting strong inflows into AI and emerging application sectors. Infrastructure and privacy-focused projects such as ICP, ZEC, and FIL also advanced, forming a “narrative + technology” dual-driven uptrend. Recently, projects in trending sectors like AI, Layer2, social points, and identity verification have successively launched airdrop campaigns — this report summarizes key participation methods to help users capture rebound opportunities and potential upside.