- Pin
- 🗒 Gate.io Suggested Topics Posting Event: #NFP Data Release#
✍️ Please include the topic #NFP Data Release# in your post
💰 5 quality posters * each receive $10 Points
The Non-Farm Payroll (NFP) data is set to be released on May 2nd. As a key economic indicator, it often has a significant impact on market sentiment. How do you think this upcoming report will influence the crypto market’s direction? Are you bullish or bearish?
Post with the hashtag #NFP Data Release# to share your insights or analysis to share the $50 reward pool!
⏰ Event Time: April 30, 4:00 AM - May 1, 4:00 AM (UTC)
⚠️ Note
- 🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
🌟 How to Earn Growth Points for the Draw?
1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
2️⃣ Complete tasks like post, comment, and like to earn Growth Points.
🎁 Every 300 Growth Points to draw 1 chance, win MacBook Air, Gate x Inter Milan Football, Futures Voucher, Points, and more amazing prizes!
⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
#GrowthPoints#
SIGN leads the hot coin ranking, Unichain active address count increased by 95 times丨 Gate Research Institute
Crypto Market Overview
BTC (+1.64% | Current Price 95,190 USDT)
Chart BTC is consolidating in the range of 94,830 to 95,770 USDT, with the bottom price gradually rising based on the ascending trend line. In the short term, it has repeatedly approached the upper resistance level of 95,770 USDT but has not been able to break through effectively. The trend is oscillating around the 5-day, 10-day, and 15-day moving averages, and is overall at the end of a converging triangle, waiting for a directional choice.
Trading Volume Current trading volume remains at a relatively average level, with no obvious signs of increased activity, indicating a strong wait-and-see sentiment among investors.
MACD The fast and slow lines curve upward near the zero axis, and the histogram changes from red to green but with moderate amplitude, indicating a slight short-term bullish advantage. However, momentum has not yet been fully released, so attention should still be paid to whether the trading volume can support a breakout.
ETH (+3.79% | Current Price 1,802.81 USDT)
Chart ETH is fluctuating within the range of 1,760 to 1,820 USDT, with a quick rebound after a short-term pullback to the support level. It is currently oscillating around the 5-day and 10-day moving averages, overall positioned in the upper part of the consolidation range.
Trading Volume Current trading volume has shown some recovery, but it remains at a relatively moderate level, with no obvious breakout signals.
MACD The fast and slow lines form a golden cross below the zero axis, the histogram turns from green to red, the momentum is slightly enhanced, and the rebound is expected to continue in the short term, but the upper pressure still needs to be broken to confirm.
!
**ETF ** According to data from SoSoValue, on April 28, the total net inflow of Bitcoin spot ETFs in the United States was $591 million【3】, while the total net outflow of Ethereum spot ETFs in the United States was $3.35 million. Data is as of April 29, 10:00 AM (UTC+8).【4】
altcoin Privacy, Telegram Apps, Al Agent Launchpad and other sectors rose by +11.4%, +10.1%, +9.4%, with data as of April 29, 10:00 AM (UTC+8). [5]
Three major indices of the US stock market On April 28, the S&P 500 index rose by 0.06%, the Dow Jones index rose by 0.28%, and the Nasdaq index fell by 0.10%.【6】
Spot Gold The spot gold price is at 3,328.27 USD / ounce, with a daily decline of 0.52%, as of April 29, 10:00 AM (UTC+8).【7】
Fear and Greed Index Fear and Greed Index 60, the market is in a state of greed. [8]
Trending Tokens on Juejin
**SIGN ** EthSign (+173.83%, circulating market value 99.8 million USD)
Hot Coin Observation EthSign is a blockchain-based decentralized infrastructure project focused on token distribution, asset management, and smart contract execution. Its core product, TokenTable, is a cross-chain token management platform that supports multiple blockchains, including Ethereum, Base, BNB Chain, and Solana, and has distributed tokens worth over $2 billion to more than 40 million users.
Market Consensus This week, EthSign announced the completion of the on-chain snapshot and distributed the SIGN token airdrop to the community on April 28, attracting a lot of user attention and enthusiasm for market trading. Subsequently, the project launched a staking incentive program, allowing holders to earn additional rewards through staking, further strengthening the community's willingness to lock up the tokens. Meanwhile, SIGN was listed on several well-known exchanges, including Gate.io, enhancing its liquidity and helping to push the price higher. [9]
**VIRTUAL ***Virtuals Protocol * (+40.83%, circulating market cap 977 million USD)
Hot Coin Observation Virtuals Protocol is a decentralized platform that combines blockchain and artificial intelligence, aimed at providing autonomous multimodal AI agents for the gaming and entertainment industry. It ensures the transparency and fairness of profit distribution through an Immutable Contribution Vault (ICV) and introduces the Initial Agent Offering (IAO) mechanism to achieve tokenization and co-ownership of AI agents. Developers can easily integrate AI agents, such as Pikachu, John Wick, or Mikasa, using the provided SDK to enhance interactivity and personalized experiences in games.
Market Consensus During the Genesis Launch, Virtuals Protocol discovered that playgameAI was suspected of misleading users into transferring funds and damaging community trust. They responded quickly, fully refunding users' points and VIRTUAL tokens. At the same time, they announced a compensation plan for users, demonstrating the project's strong governance capabilities and high regard for users, which won market trust. In the current context of frequent Rug events, VIRTUAL has become one of the few projects to promptly initiate a refund mechanism and supplementary plans, stimulating community confidence and thus driving up the coin price.
**MEMEFI ** *MemeFi * (+28.95%, circulating market cap $44.3 million)
Hotcoin Observation MemeFi is an innovative project built on the Sui ecosystem, aiming to combine Meme culture with decentralized finance (DeFi) elements. Through community-driven efforts, practical applications, and incentive mechanisms, it seeks to create an ecosystem that balances entertainment and real value. The project emphasizes fair distribution, with 90% of the token supply being returned to the community through airdrops.
market consensus Recently, the overall popularity of the SUI ecosystem has been rising, driving attention and investment enthusiasm for various projects within the ecosystem. As part of the SUI ecosystem, MemeFi benefits from this trend, with a significant increase in market attention. In addition, MemeFi plans to launch related utility applications in June, which will increase user engagement, expand application scenarios, and drive token demand growth, pushing prices up.
Alpha Data
Public chain activity ranking for 7 days: Solana firmly in first place, Unichain performs brilliantly
on-chain data The top five public chains by the number of active addresses in the past 7 days are: Solana (26.543 million), Unichain (5.805 million), Tron (5.47 million), BNB Chain (5.236 million), and Base (4.752 million). Among them, Solana leads with an absolute advantage, and the two newer Ethereum Layer 2 chains, Unichain and Base, also performed remarkably, ranking second and fifth respectively, demonstrating strong user growth momentum.
Emotional Driven Last week, the price of Bitcoin broke through the important mark of $95,000, and the market sentiment quickly turned optimistic, and funds were reactive. Especially in the context of the outstanding performance of the AI Agent sector, investor sentiment has been further ignited, and on-chain trading and speculation have increased significantly. Although the meme craze has cooled down before, in this market rally, users have refocused their attention and funds on the meme sector on Solana, which has boosted Solana's on-chain activity.
On-chain dark horse Unichain As an Ethereum Layer 2 network launched by Uniswap Labs, Unichain's number of active addresses increased by 95.4 times month-on-month this week. Built with the OP Stack, with extremely low transaction fees and a high-speed confirmation experience, Unichain quickly attracted the attention of a large number of users and developers, and quickly expanded its user scale with the native DeFi application Uniswap. In contrast, Tron continues to rely on its stablecoin and cross-border payment ecosystem to maintain steady growth, and Base and BNB, as public chains backed by well-known exchanges, are also steadily unleashing the potential of the ecosystem. 【11】
Sui DEX trading volume reaches 3.649 billion USD, setting a new historical weekly high level
on-chain data In the past week, the overall trading volume of decentralized exchanges on the Sui network reached $3.649 billion, setting a new weekly trading volume in history. Among them, Cetus accounted for 42.8% of the total trading volume of Sui DEX. Momentum surpassed Bluefin to become the second-largest DEX by volume on the Sui chain, and set a new record of $91.59 million in single-day trading volume on April 27, showing a rapid increase in activity on the platform.
Ecological benefits Recently, Sui announced a partnership with xMoney and xPortal to launch the Sui Virtual Mastercard, which integrates with Apple Pay and Google Pay, expanding real-world payment scenarios. The ETF narrative is also fermenting at the same time, and the "SUI ETF" trust entity registered by 21Shares has been focused on by the market. In addition, Sui has a multi-point layout in the fields of GameFi, privacy solutions and financial infrastructure, including the establishment of an on-chain fundraising platform by the Athens Exchange and the launch of an off-chain privacy module by Nautilus to promote the comprehensive development of the ecosystem. The recent multiple benefits of the Sui ecosystem have also become an important driving force for the continuous increase in transaction volume. 【12】
Last week, crypto asset investment products recorded inflows of 3.4 billion dollars, setting a new high for the year.
on-chain data As of April 2025, investment products in crypto assets have seen the largest weekly inflow of funds since mid-December 2024, marking the third-largest inflow on record, totaling $3.4 billion. Among them, Bitcoin investment products attracted $3.18 billion in inflows, becoming the main beneficiary. Ethereum investment products also welcomed an inflow of $183 million for the first time after eight consecutive weeks of outflows.
Capital Flow In addition to Bitcoin and Ethereum, SUI and XRP attracted inflows of $20.7 million and $31.6 million respectively, while SOL became the only mainstream token to experience outflows, with an amount of $5.7 million. Blockchain stock ETFs also performed actively, attracting $17.4 million in inflows, primarily concentrated in ETFs related to Bitcoin mining.
Driving Factors This wave of capital inflow is believed to be due to investors' concerns about the impact of tariffs on corporate profits and the significant depreciation of the dollar. As "digital gold," BTC is seen by investors as a new safe-haven asset. American investors dominate this round of capital inflow, with an inflow amount reaching $3.3 billion, while investors from Germany and Switzerland contributed $51.5 million and $41.4 million, respectively.
Reference Materials:
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.
Disclaimer Investing in the cryptocurrency market involves high risks, and users are advised to conduct independent research and fully understand the nature of the assets and products they purchase before making any investment decisions. Gate.io does not bear any responsibility for losses or damages resulting from such investment decisions.