Gate Research Institute: Market Volatility and Consolidation | GAI daily rise 119.35% leads the trends

Crypto Market Overview

• BTC (+0.04% | Current Price 111,277 USDT): After several days of consolidation, BTC experienced a significant surge in the early morning of September 17, with the price briefly breaking above the 116,956 USD mark. The trading volume increased simultaneously during the breakout, indicating strong buying power entering the market. If it can stabilize above 116,500 USD in the following period, there is still a chance for a short-term upward test towards 117,000 USD or even higher resistance zones. However, attention should be paid to the risks of chasing prices at high levels; if the price falls back below 116,000 USD with a decrease in volume, a short-term pullback and consolidation may occur. Overall, the trend remains strong, and it is advisable to control positions to avoid chasing highs.
• ETH (-1.63% | Current Price 4,326 USDT): After recently retreating from a high of 4,738 USD, ETH has been on a continuous downward trend, hitting a low of 4,424 USD. Although there are signs of stabilization at the current price, it is still hovering near important moving averages. Trading volume has decreased compared to previous periods, indicating an increase in market hesitation. If it can effectively break through and hold above 4,550 USD, it is expected to gradually repair the downward trend and challenge the resistance level of 4,700 USD again. However, if it falls below the support level of 4,450 USD, the market may weaken again, and short-term attention should be paid to the risk of a second bottoming. The overall trend remains weak with fluctuations, and monitoring changes in trading volume is key.
• Altcoins: Most mainstream altcoins have seen a slight rise, with market sentiment primarily being "neutral" or "buying." The Fear and Greed Index today reports 54, still within the neutral range, indicating that market sentiment is in a balanced state, with no strong bullish or bearish sentiment.
• Macro: On September 16, the S&P 500 index fell by 0.13%, closing at 6,606.76 points; the Dow Jones index dropped by 0.27%, ending at 45,757.90 points; the Nasdaq index decreased by 0.066%, settling at 22,333.96 points. As of September 17, 11:03 AM (UTC+8), the spot gold price per ounce is temporarily reported at 3,682 USD, with a 24H decline of 0.32%.

Trending Tokens on Juejin

GAI GraphAI (+119.35%, circulating market cap 0.45 million USD)

According to Gate.io market data, the current price of GAI token is $0.4387, with an increase of about 119.35% in the last 24 hours. GraphAI is the first AI data layer based on MCP and powered by GraphRAG, which integrates RWA into the world of DeFAI and provides instant blockchain intelligence to support on-chain AI agent operations integrating real-world assets (RWA).

GraphEngine focuses on simplifying the pain points of blockchain data queries, allowing users to create subgraphs in seconds and obtain real-time insights into on-chain liquidity, cross-protocol token flows, and market event correlations through natural language. With the integration of GraphAI and ASI One, on-chain data is further transformed into inferential intelligence, enabling developers to quickly call real-time subgraphs and provide verifiable on-chain context for intelligent agents in large-scale scenarios, significantly enhancing efficiency and flexibility. This innovative narrative accelerates market attention, and according to Gate market data, GAI token is currently priced at 0.4387 USD, soaring 119.35% within 24 hours, accompanied by increased trading volume, with a strong bullish atmosphere driving continuous capital inflow.

UNA Unagi Token (+43.40%, circulating market value 0.32 million USD)

According to Gate's market data, the current price of the UNA token is $0.05022, having increased by approximately 43.40% in the last 24 hours. Unagi is a leading Web3 gaming studio. Join us in stepping into the future of gaming and experience the combination of decentralized gaming and endless excitement. UNA serves as a universal pass to play all Unagi games, providing a seamless experience across game types and platforms. We are building a closely interconnected and interoperable gaming environment. One token, multiple worlds.

Hana Studios, as the latest Web3 content engine launched by Persona, focuses on reducing complexity and integrating gaming, AI, and NFT application scenarios. Users can pay with $UNA, $HANA, and various mainstream tokens without the need for fiat currency or subscription barriers. Furthermore, using $UNA and $HANA allows users to enjoy discount benefits. Narratively, Hana Studios provides a simple entry point for NFTs to be quickly empowered and applied, highlighting their practicality and openness. Meanwhile, according to Gate market data, the UNA token is currently priced at $0.05022, with a 24-hour increase of up to 43.40%, showing strong market performance and significant capital inflow, reflecting the high attention and positive sentiment surrounding the new narrative.

F SynFutures (+32.15%, circulating market value 0.48 million USD)

According to Gate market data, the current price of the F token is $0.01848, up 32.15% in the last 24 hours. SynFutures (F) is a leading decentralized exchange (DEX) and full-stack financial infrastructure dedicated to empowering future trading. SynFutures utilizes its Oyster automated market maker (AMM) model and fully on-chain derivatives order matching engine to enable anyone to list and trade any asset with leverage. As a leading perpetual contract DEX across multiple networks such as Base, SynFutures has launched the industry's first perpetual contract Launchpad, attracting numerous quality assets including blue-chip tokens, LSTs, and meme coins. With the support of top institutions such as Pantera, Polychain, Dragonfly, Standard Crypto, Framework, and SIG, SynFutures is building a platform that integrates spot markets, perpetual contracts, and wealth management vaults, simplifying the DeFi process for everyone.

SynFutures is building a new DeFi ecosystem, with a core narrative focusing on unity, permissionless access, simplicity, and transparency, while introducing key features such as RWA, institutional-grade liquidity, and millisecond-level latency, highlighting its technology and application prospects. The project team announced that an invitation-only Beta test will begin in Q4, while Monday Trade has already launched on the Monad Testnet, marking the start of the Builder Program. Additionally, the smart agent Synthia assists trading on X through natural language, further enhancing product innovation and user experience. According to Gate's market data, the F token is currently priced at 0.01848 USD, having risen 32.15% in the last 24 hours, with significant market attention driven by the narrative, leading to increased capital inflow and a stronger bullish sentiment.

Alpha Interpretation

Nothing completed a $200 million Series C financing round, with a valuation of $1.3 billion, accelerating the layout of AI and Web3 ecosystem.

Web3 smartphone manufacturer Nothing announced the completion of a $200 million Series C funding round at a valuation of $1.3 billion, led by Tiger Global, with participation from existing investors such as GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry, bringing the company’s total funding to over $450 million. Previously, Nothing collaborated with Polygon to launch the blockchain phone Nothing Phone, showcasing its innovative attempts in the Web3 hardware ecosystem. Following this funding, the company plans to launch its first batch of AI-native devices next year, further expanding its footprint in the smart terminal sector.

This action not only demonstrates the capital market's high recognition of Nothing's technology and vision but also highlights the potential of the integration of Web3 and AI in the future development of hardware. By combining blockchain and artificial intelligence, Nothing is expected to create a brand new smart device user experience, attracting more developers and users into its ecosystem. However, the AI and Web3 hardware market is still in the early stages, and the uncertainty of technological iteration and user acceptance will be the main challenges the company needs to face, and investors should also pay attention to related risks.

Sui joins Google Agentic Payments Protocol, promoting the integration of AI and blockchain payment.

Mysten Labs stated that the Sui network is one of the first partners involved in Google's Agentic Payments Protocol (AP2), which allows AI agents to perform payment operations on behalf of users. AP2 was initially developed by Mysten Labs, and Sui provides fast, programmable payment capabilities and privacy-first identity support, laying the foundation for the automation of AI agents in commercial scenarios in the future. Additionally, Sui supports encryption identity management, decentralized storage, and privacy-protecting login functions, providing technical support for the integration of AI and blockchain.

This action not only demonstrates Sui's foresight in technological innovation and ecological layout but also highlights the application potential of blockchain in AI automated payments and digital identity management. By integrating with Google AP2, Sui is expected to accelerate the implementation of Web3 and artificial intelligence, providing users with a more efficient, secure, and privacy-controlled payment experience. However, as the ecosystem develops, the compliance and security of AI agents executing payments will remain key issues to focus on in the future.

Movement upgraded to an independent Layer 1, unleashing the potential of Move 2.0 to enhance performance and security.

The Movement announced that its network will transition from a sidechain architecture to an independent Layer 1 blockchain, supporting native token staking and being the first to adopt Move 2.0 features. The new architecture is expected to achieve a processing capacity of over 10,000 transactions per second, with a transaction confirmation time of less than one second, marking a significant breakthrough compared to the previous performance limit of 500-600 TPS. At the same time, the design of Layer 1 eliminates the single point of failure risk associated with centralized orderers in the sidechain model, further strengthening network security and decentralization features. According to the new rules, only unlocked MOVE tokens can be used for staking, while locked tokens will not be available for this mechanism.

This action not only demonstrates Movement's strategic upgrades in performance and security but also highlights the innovative progress of the Move language ecosystem at the infrastructure level. By embracing Move 2.0, Movement will provide developers with more flexible functional support and plans to migrate network state and storage framework when the time is right. For users, existing funds and published contracts remain unchanged, reducing the uncertainty brought about by the network transformation. With the launch of the public testnet, Movement is expected to attract more developers and community participation, but balancing performance scaling and ecosystem development will remain key to future growth.

Gate Launchpool

New Subscription Details

• Subscription Project: Hippo Protocol
• Token Name: HP
• New subscription time: until September 22, 2025, 17:00 (UTC+8)
• Participation method: Stake BTC and HP to receive for free
• Total Airdrop Amount: 1,882,531 HP

Project Introduction

Hippo Protocol provides a regulatory-compliant chain abstraction infrastructure that allows hospitals, clinics, and institutions to securely store, verify, and process healthcare data while ensuring compliance with HIPAA, GDPR, and FHIR standards. For individual users, the Hippo Protocol empowers users with complete control over their health records, unlocking personalized benefits, and ensuring privacy through zero-knowledge proofs and encryption technology. For healthcare providers, the Hippo Protocol eliminates adoption barriers through Gas abstraction and seamless blockchain integration, ensuring the provision of secure, compliant, and practical data solutions.
Reference Material:

• Gate, https://www.gate.com/trade/BTC_USDT
• Farside Investors, https://farside.co.uk/btc/
• Gate, https://www.gate.com/trade/ETH_USDT
• Farside Investors, https://farside.co.uk/eth/
• Gate, https://www.gate.com/trade/GT_USDT
• Gate, https://www.gate.com/price
• Gate, https://www.gate.com/launchpool/HP?pid=384
• CoinGecko, https://www.coingecko.com/en/cryptocurrency-heatmap
• Foresightnews, https://foresightnews.pro/news/detail/84438
• Foresightnews, https://foresightnews.pro/news/detail/84395
• Foresightnews, https://foresightnews.pro/news/detail/84422
• Gate Launchpool, https://www.gate.com/announcements/article/47146

Disclaimer Investing in the crypto market involves high risks, and users are advised to conduct independent research and fully understand the nature of the assets and products they are purchasing before making any investment decisions. Gate shall not be liable for any losses or damages resulting from such investment decisions.