Gate Research Institute: 0G Labs Mainnet Aristotle officially launched | Aria introduced IP investment platform Aria PRIME

Crypto Market Overview

• BTC (-1.01% | Current Price 114,361 USDT): Recently, the BTC price has continued to decline after encountering resistance around 117,900 USD. The moving average system (MA5, MA10, MA30) has formed a bearish arrangement, indicating a weak short-term trend. The current price has dropped to around 114,300 USD and once touched a low of 114,250 USD, with trading volume significantly increasing during the decline, indicating that bearish forces are dominant. On September 19, the net inflow of BTC ETF reached 222 million USD in a single day, with BlackRock's IBIT inflow being 246 million USD.
• ETH (-3.93% | Current price 4,290 USDT): Recently, the price of ETH has continued to decline after being under pressure from above 4,460 USDT, and in the short term, it has fallen below the 4,300 USDT mark, creating a new low at 4,289 USDT. The support levels below can be focused on the range of 4,250 USDT and 4,200 USDT, and if it breaks below, further decline to 4,100 USDT cannot be ruled out. On September 19, the net inflow of ETH ETF was 47.8 million USD in a single day, with BlackRock's ETHA inflowing 144 million USD and Fidelity's FETH outflowing 53.4 million USD.
• Altcoins: Most mainstream altcoins have slightly declined, and the market sentiment is predominantly "neutral". The Fear and Greed Index reports 45 today, which is in the panic range, indicating that the market sentiment is relatively fearful.
• Macro: On September 19, the S&P 500 index rose by 0.49%, closing at 6,664.36 points; the Dow Jones index increased by 0.37%, closing at 46,315.27 points; the Nasdaq index climbed by 0.72%, closing at 22,631.48 points. As of September 22, 11:00 AM (UTC+8), the spot gold price per ounce is temporarily reported at 3,686 USD, with a 24H increase of 0.04%.

Popular Tokens on Juejin

AVNT Avantis (+31.11%, circulating market cap 472 million USD)

According to Gate market data, the current price of the AVNT token is $2.24, having risen by 31.11% in the last 24 hours. Avantis is the largest derivatives exchange on the Base platform and also the largest decentralized exchange (DEX) for trading and providing liquidity for real-world assets (RWAs).

Recently, the on-chain derivatives DEX track has been gaining popularity, driving up the valuations of related projects, with AVNT becoming a highlight. The ongoing Tokensplash event is nearing its end, with a prize pool of approximately 9 million USDT, providing a strong financial drive for the market. Meanwhile, Avantis announced that it will collaborate with Definitive and Aerodrome to showcase at the Korea Blockchain Week, simultaneously launching the Base Alpha program to further enhance market attention. It is worth noting that the official announcement has previewed an upcoming Onchain Alpha grand giveaway event, which includes a series of highly attractive prizes. These combined factors have collectively propelled the strong rise of AVNT.

ME Magic Eden (+24.85%, circulating market cap 143 million USD)

According to Gate market data, the current price of the ME token is $0.84, having increased by approximately 24.85% in the last 24 hours. Magic Eden (ME) is a multi-chain non-fungible token (NFT) marketplace platform that was initially launched on the Solana blockchain and has now expanded to support various blockchains including Ethereum, Polygon, and Bitcoin. It allows users to buy, sell, and mint NFTs, and offers innovative features such as Launchpad, trending collections, attribute filters, and auctions.

As the official token of Magic Eden, ME has recently seen an increase, relying on its strong cross-chain NFT and token trading ecosystem. Driving factors include: the meme coin craze boosting the demand for NFT minting and trading, the expansion of the cross-chain ecosystem to 8 blockchains bringing a larger user base and trading volume, and increased institutional attention on the NFT and GameFi sectors. On the technical front, after ME broke through the resistance level of $0.87, there may be a short-term correction, and it is necessary to monitor whether the support at $0.80 can hold; on the fundamental side, Magic Eden has accumulated over 3.5 million wallets, 70 million transactions, and a total transaction volume of $6 billion, providing solid value support for ME.

RON Ronin Network (+1.98%, circulating market cap 350 million USD)

According to Gate's market data, the current price of the RON token is 0.03 USD, with an increase of about 1.98% in the last 24 hours. Towns is a decentralized real-time messaging protocol built on an EVM-compatible L2 layer, providing smart contract support on the Base network. The protocol promotes the development of ownable and revenue-generating "spaces" through on-chain membership, encryption messaging, and a programmable reputation mechanism.

Recently, RON has fluctuated significantly. Reports indicate that the Ronin treasury will initiate a buyback plan starting September 29, intending to exchange all of its 895 ETH and 650,000 USDC (total value exceeding 4.5 million USD) for RON. Based on current prices, this buyback scale accounts for approximately 1.3% of the circulating supply. Stimulated by this news, RON briefly surged over 15% before retreating. The market generally believes that this buyback action strengthens the value support for RON and is a core factor driving the price increase.

Alpha Interpretation

StandX TVL突破 6,000 万美元，创历史新高

The total locked value (TVL) of the StandX protocol has surpassed $60 million, setting a new historical record. In the past three days, the protocol's locked value has achieved rapid doubling growth. Currently, the StandX pre-deposit activity is about to end, and users can deposit USDT or USDC into DUSD to earn actual returns from staking rewards and futures financing fees.

The rapid increase in StandX's TVL reflects users' recognition of its yield mechanism and capital efficiency. Driven by short-term lock-up activities, the protocol has attracted a substantial influx of liquidity, indicating a growing market interest in the combination strategy of stablecoin staking and futures financing. As the pre-deposit activity approaches its end, short-term capital inflows are expected to remain high, but the sustained growth of TVL in the future still relies on long-term user retention and the protocol's own yield competitiveness.

0G Labs Mainnet Aristotle officially launched

AI blockchain platform 0G Labs announced the official launch of its mainnet Aristotle. According to the official introduction, this mainnet can support a processing capacity of up to 11,000 transactions per second (TPS) in terms of performance, and has gained support from leading RPC infrastructure service providers such as QuickNode, ThirdWeb, and Ankr, laying a technological foundation for its ecological development.

The official launch of the 0G Labs mainnet marks a new stage in its layout in the AI and blockchain integration track. High TPS and support from top-tier infrastructure provide the necessary conditions for subsequent on-chain deployment of AI applications. However, what the market needs to pay more attention to is whether 0G Labs can fulfill its technical commitments in actual application implementation and developer ecosystem construction; otherwise, even if the performance is impressive, it will be difficult to form long-term user and capital attraction.

Story Ecology IPRWA Project Aria launched an institutional-level on-chain IP investment platform Aria PRIME

Story Ecosystem IPRWA Project Aria announced the launch of its institutional-grade on-chain IP investment platform Aria PRIME, and collaborated with Contents Technologies to initiate the first phase project, registering and tokenizing a music copyright library worth 100 million USD on the Story blockchain. Aria PRIME aims to transform high-value IP into liquid and combinable new financial assets through fund structures, legal compliance, and risk control, providing transparent management for copyright holders while also opening new avenues for institutional investors to enter cultural assets. Aria plans to extend the scope of tokenization to iconic IP fields such as film and art in the future, with the goal of creating the world's largest institutional-grade IP tokenization platform.

The launch of Aria PRIME has opened a new chapter for "cultural asset financialization," combining traditional music copyrights with blockchain tokenization mechanisms to provide institutional investors with a new asset class. This is expected to enhance the liquidity and transparency of cultural IP, and may also drive larger IP markets in art and film onto the chain in the future. In the short term, the strong rise of IP reflects the market's enthusiasm for this narrative; however, in the long term, the platform's success still depends on its execution in compliance regulation, copyright confirmation, and institutional adoption.
Reference:

• 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/crypto-market-data
• Investing, https://investing.com/indices/usa-indices
• Investing, https://investing.com/currencies/xau-usd
• CoinGecko, https://www.coingecko.com/categories
• DeFiLlama, https://defillama.com/stablecoin/standx-dusd
• X, https://x.com/0G_labs/status/1969927567173120082
• X, https://x.com/0G_labs/status/1969927567173120082

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 being purchased before making any investment decisions. Gate shall not be liable for any losses or damages arising from such investment decisions.