Gate Research: BTC Breaks $85,800 Price Point, Vitalik Proposes RISC-V to Boost Ethereum Performance

2025-04-21 11:59:41 UTC32119 views

0421daily report

Gate Research Daily Report: On April 21, Bitcoin rose 2.4% to $87,400, and Ethereum increased 0.49% to $1,631, reflecting a gradual recovery in market sentiment. Vitalik Buterin proposed replacing the EVM with RISC-V, potentially ushering in a new wave of technological revolution for Ethereum’s execution layer. Canary Capital is seeking approval to launch a staked TRX ETF, signaling the accelerating integration of crypto assets into the traditional financial system. Global retail giant SPAR is piloting crypto payments in Switzerland, further expanding real-world use cases. Hyperliquid is rapidly emerging in the on-chain derivatives market, commanding nearly 70% market share. Tether users have surpassed 450 million, with stablecoin growth remaining robust.

  • Market Analysis: Bitcoin rose 2.4% to $87,400, while Ethereum edged up 0.49% to $1,631.
  • Top Performers: The top performing altcoins in the past 24 hours were MAGIC, USUAL, and ENJ, gaining 39.30%, 36.11%, and 30.10%, respectively.
  • Data Highlights: Hyperliquid now commands around 70% of the on-chain perpetual futures market. Meanwhile, Tether has surpassed 450 million users, with over 30 million new users added each quarter.
  • Spotlight Analysis: Canary Capital has filed with the U.S. SEC to launch a TRX staking ETF. In retail news, global chain SPAR is piloting crypto payments in Switzerland.
  • Market Opportunities: Recall integrates technologies like Ceramic and Tableland to build a permissionless AI data collaboration ecosystem. It has launched a points-based rewards program to incentivize participation.

Explore today’s details → Gate Research: Canada Approves Spot Solana ETF; Digital Asset Funds See Third Week of Major Outflows

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Gate.io Team
April 21, 2025


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