BTC rose by 1.23% over the past 24 hours, currently priced at 111,326 USDT, with BTC ETF net inflows reaching 57.6 million USD on Thursday. ETH followed the broader market trend, rising by 2.44% to 2,730 USDT, with market share slightly increasing to 9.32%. The altcoin market saw broad-based gains, with the Altcoin Season Index climbing to 25. Notable tokens include Worldcoin (WLD) with a 24-hour increase of 26.74% and Hyperliquid (HYPE) with a gain of 14.68%. Ondo Finance announced the launch of an on-chain securities trading platform, while the Uniswap Foundation plans to introduce an optimized community trading router.

• Market Commentary:BTC saw a steady upward trend over the past 24 hours, rising by 1.23% to 111,326 USD. ETH demonstrated strong performance, increasing by 2.44%, with its market share slightly rising to 9.32%.
• Top Tokens:Today’s highlighted tokens include Worldcoin (+26.74%, market cap 2.41 billion USD) and Hyperliquid (+14.68%, market cap 11.748 billion USD). Worldcoin (WLD) is a global identity and financial network leveraging biometric technology to drive inclusive finance and decentralized identity verification, recently securing 135 million USD to expand in the U.S. Hyperliquid (HYPE) is a high-performance Layer 1 blockchain focused on DeFi’s efficient matching and on-chain execution, with its native token HYPE rising strongly after breaking 35 USD.
• Alpha Insights:Ondo Finance announced the launch of the “Ondo Global Markets” platform, supporting public securities trading on the Solana chain, strengthening innovation in the RWA sector. The Uniswap Foundation plans to donate 35,000 USD to support the development of the Uniswap v4 community trading router, lowering developer integration difficulty and reinforcing its leading position in the DEX market. Additionally, Wormhole, through NTT and zero-knowledge proof technology, has enabled multi-chain interoperability for DOGE, allowing it to be utilized on Solana and enhancing its institutional-level liquidity. Overall, continued advancements in on-chain innovation and cross-chain interoperability are expected to increase participation from institutions and developers.
• Gate HODLer Airdrop:The Gate platform has launched the SOON token subscription, with the offering concluding on May 23, 2025, at 15:00 (UTC+8). SOON focuses on a high-performance engine for Solana Layer 2, supporting cross-chain deployment and efficient parallel processing. With a total supply of 1 billion tokens, SOON will be issued on both the Solana and BSC networks.

Discover more details today： → Ondo Finance Launches On-Chain Securities Trading Platform | Gate Research

Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides readers with in-depth content, including technical analysis, trending insights, market reviews, industry research, trend forecasting, and macroeconomic policy analysis.

Disclaimer
Cryptocurrency investment involves high risks. Users are advised to conduct independent research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages resulting from such investment decisions.

Gate Team
May 23, 2025

Gateway to Crypto
Trade over 3,800 cryptocurrencies safely, quickly, and easily on Gate
Take Action Now
Sign up and claim up to $10,000 in welcome rewards
Invite friends and earn a 40% commission
Stay Connected
Visit Gate’s official website
Download the Gate App | Desktop
Follow us on X (Twitter) to get more bonuses
Join our Telegram community to discuss trending topics
Engage with our global community for the latest insights
Transparency & Security
Check our 100% Proof of Reserves