Gate Research Institute: Solana capital inflow, PENGU weekly rise over 60%, Sei chain multiple favourable information accelerates outbreak | Gate VIP Weekly Report

Summary

• Alpha Mining: BTC is oscillating at a high level waiting for a directional breakout, ETH is consolidating for momentum; the altcoin sector is leading the rally, Pudgy Penguins (PENGU) is boosted by ETF applications and large whale purchases, rising over 62% in a single week; Arbitrum (ARB) has increased over 35% due to hot ecological projects.

• On-chain funds: With the launch of stablecoins, RWA applications, and favorable institutional layouts by Solana at Fiserv, it ended the previous consecutive net outflows, achieving a capital inflow of $38.8 million, continuously enhancing ecological competitiveness; Sei Chain surged over 60% in a week, driven by ETF product applications, the Wyoming stablecoin pilot, and Circle's strategic support, with on-chain TVL and user activity reaching new highs, moving towards a financial-grade public chain.

• Policy level: The U.S. Senate is expected to complete legislation for the cryptocurrency market by the end of September, which will provide a clearer compliance path for the industry; Hong Kong has released the "Digital Asset Policy Declaration 2.0", further signaling openness.
• This report will conduct an in-depth analysis of the aforementioned trends and provide detailed market data and technical interpretations. We invite you to click to view the full report, accurately grasp market dynamics, obtain forward-looking strategic perspectives, and explore the next round of potential opportunities.

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