Gate Research Institute: BTC, ETH solid key levels | Linea completes TGE attracting market follow

Encryption Asset Panorama

BTC (+2.57% | Current Price 114,027 USDT)

The BTC price has recently shown a significant upward trend after experiencing multiple fluctuations and consolidations, briefly breaking through the stage high of $114,300, and currently remains oscillating at a high level. The short-term moving averages (MA5, MA10) are turning upwards and are in a bullish arrangement, with the price firmly staying above MA30, indicating sufficient bullish momentum in the short term. The increase in trading volume accompanying the price rise suggests that buying power is gradually strengthening. If it can firmly hold above $114,300 in the future, it is expected to continue the upward trend. However, caution is needed for the risk of a pullback after a short-term surge; if the price falls back below $113,500 with insufficient volume, it may trigger a technical correction. The overall trend is strong, and it is recommended to follow the trend in operations while paying attention to take profit and risk control.

ETH (+1.87% | Current Price 4,372 USDT)

ETH has recently experienced a wave of upward movement after consolidating within a range. The current price has returned to around $4,370 and once touched a peak of $4,450. The short-term moving averages (MA5, MA10) have turned upward again, and the price has returned above the MA30, indicating that the bulls are gradually taking control. In terms of trading volume, there are signs of an increase during the breakout, showing a certain concentration of buying funds. If ETH can effectively stabilize above $4,400, it is expected to further challenge the previous high. However, if the price falls below $4,320 and the volume weakens, it may once again enter a consolidation range. Overall, the trend is strong, but the sustainability of the bulls still needs observation, and caution is advised in controlling positions for short-term chasing.

GT (+0.43% | Current Price 16.76 USDT)

The GT price has recently maintained a sideways oscillation pattern, repeatedly hovering between the 16.6 - 17 USD range. Though there was a temporary surge to 17 USD, it failed to break through effectively, indicating that upward pressure still exists. The short-term moving averages (MA5, MA10) are entangled, and the price is closely following the MA30, suggesting that the market is in a tug-of-war between bulls and bears. The trading volume has not shown significant expansion, and there is a strong wait-and-see sentiment among investors. If it can break through 17 USD with increased volume and stabilize above it, there is hope for a new upward space. Conversely, if it falls below the 16.6 USD low, it may continue to oscillate downwards. Overall, GT is still in the stage of building a bottom through oscillation; it is advisable to patiently wait for a directional choice, and short-term operations should strictly control risks.

Daily Price Fluctuation Tokens

The cryptocurrency market as a whole is performing positively, with BTC rising by 2.54%, ETH increasing by 1.69%, and SOL leading with a gain of 4.58%. Additionally, XRP has also risen by 1.70%, and most tokens are showing an upward trend. Market sentiment is optimistic, with increased capital activity, reflecting investors' growing confidence in the cryptocurrency market. Although some coins have smaller gains, the overall market stability is good, indicating potential for market growth.

NAORIS Naoris Protocol (+135.19%, circulating market value 0.5 million USD)

According to Gate's market data, the current price of the NAORIS token is 0.08227 USD, with an increase of approximately 135.19% in the last 24 hours. The Naoris protocol employs post-quantum resilience, real-time system verification, and a decentralized trust mesh, aiming to scale in sync with the internet to ensure the security of the digital world. The $NAORIS token is the native utility token of the Naoris protocol network and ecosystem. Under the dPoSec consensus mechanism, the $NAORIS token provides always-online device verification records, which can be shared as provable results among ecosystem participants. The narrative core of Naoris Protocol focuses on addressing the hidden dangers of Web3 and DePIN infrastructure, emphasizing real-time device verification, continuous monitoring of smart contracts, and post-quantum level security protection through the Sub-Zero Layer. The project is positioned to fundamentally reconstruct the trust system, providing machine-level security defense with decentralized SWARM AI, and building a truly scalable and reliable infrastructure. With the official launch of the mainnet, Naoris is not just competing as a single chain, but is providing foundational security support for blockchain, enterprises, smart cities, and even defense systems.

COOK mETH Protocol (+48.16%, circulating market cap 0.16 million USD)

According to the market data from Gate, the current price of the COOK token is $0.01671, having increased by approximately 48.16% in the last 24 hours. The mETH Protocol is a decentralized liquidity staking and re-staking protocol launched by the Mantle ecosystem, which allows users to stake ETH and receive liquidity tokens mETH that represent their staked assets and earnings. By issuing mETH, users can not only earn basic ETH staking rewards but also further stake mETH to obtain liquidity re-staking tokens cmETH, thereby participating in re-staking protocols such as EigenLayer and expanding their revenue channels. The mETH Protocol's recently launched cmETH re-staking feature has become a focus of market attention, allowing users to unlock approximately 3% native yield without leaving the application, along with multiple re-staking rewards and COOK token incentives. Previously, the mETH Protocol had become the first ETH LST allocated by a listed company and was included in the Mantle Index Four core yield assets, significantly enhancing its authority and market recognition. Meanwhile, NounsDAO has commissioned 1000 ETH to support ecological development, driving the adoption rate of cmETH on Bybit to over 25%, and soaring 750% on HyperEVM.

A47 Agenda 47 (+39.35%, circulating market value 0.2 million USD)

According to Gate's market data, the current price of the A47 token is $0.02091, having increased by 39.35% in the last 24 hours. A47 is an AI-generated news network, controlled by AI agents that manage news, aiming to create a vibrant ecosystem driven by engagement through AI-generated content, humor, and token economics. Through AI-generated characters, viral marketing campaigns, and a decentralized approach, A47 is leading the integration of Web3 and digital media. AI agents gather data from news websites, compare it with trending content on social media, and automatically create engaging short content using AI. A47 collaborates with ecosystem partners like Myco, planning to monetize short content in various ways to support project development, while currently marketing the token entirely as a meme. A47 centers its narrative around AI × political satire × digital media, creating a unique communication effect through headline news, curated content, and a social media matrix. The project team announced that 50% of all advertising and brand integration revenue will be used to repurchase tokens and inject them into the community treasury, forming a value accumulation closed loop that further strengthens the narrative tension of memecoins. At the same time, leveraging AI-generated characters and viral marketing, A47 is accelerating the integration of Web3 and digital media, creating a community-driven content ecosystem. As political humor and decentralized media concepts continue to spread, market attention is rapidly increasing.

Hotspot Interpretation

Linea completes token TGE, airdrop details announced.

The Ethereum Layer 2 project Linea officially completed its token TGE on September 10 and announced the specific arrangements for the airdrop. The eligibility for this airdrop is mainly based on users' actual usage in the LXP and LXP-L activities. The claiming window starts from September 10, 2025, and lasts until December 9, totaling 90 days. All airdrop tokens will be fully unlocked after claiming, with no additional vesting period required. In terms of token distribution, 85% will enter the ecosystem, of which 10% will be rewarded to early users and builders, and the remaining 75% will be used as an ecological fund. Linea's TGE combines a non-locked airdrop with a large proportion of ecosystem fund allocation, showing that the project focuses more on long-term ecological construction rather than short-term price performance. As the airdrop tokens begin to circulate, there may be some selling pressure in the market, but in the long run, the ecosystem fund will create a stronger attraction for developers and partner protocols.

OpenSea Foundation plans to announce SEA token TGE in early October

OpenSea Foundation stated that it will announce the details of the SEA token TGE in early October. At the same time, the platform will establish a prize pool starting from September 15, where a portion of all transaction fees will be injected. Specifically, the fee rate for NFT transactions is 1%, and the fee rate for token transactions is 0.85%, with 50% of the income from these fees allocated to the prize pool. In the future, when the OpenSea Foundation officially shares the TGE plan, the prize pool will be linked with the SEA token to form a reward mechanism. OpenSea's plan is essentially a "rebate-style token model." Half of the transaction fees are returned to the prize pool, which can increase user profit expectations and drive trading volume growth before and after the TGE. However, the market still needs to pay attention to the distribution details and release mechanism of SEA, otherwise it may trigger price fluctuations in the short term due to overly strong incentives.

Gate has launched a holding interest feature, supporting mainstream assets.

On September 10, Gate announced the launch of the Earn on Spot product. Users only need to activate this feature with one click in their spot account to automatically earn returns through their spot holdings, without the need to lock their assets. The product initially supports various mainstream tokens, including BTC, ETH, GT, SOL, POL, SUI, ALGO, DOT, ATOM, AVAX, INJ, APT, ZETA, and FLR. The calculation method for earnings is: daily earnings equal to the average holding amount multiplied by the annualized return rate divided by 365. The system will start taking snapshots at 16:00 (UTC+8) the day after the user activates it, distributing earnings based on the average holding amount and directly depositing them into the spot account, resulting in daily compounding. Gate's cryptocurrency staking products balance flexibility and profitability. Users can earn passive income without sacrificing liquidity, which is particularly attractive for investors who hold mainstream assets for the long term.

Reference material:

• Gate, https://www.gate.com/trade/BTC_USDT
• Gate, https://www.gate.com/trade/ETH_USDT
• Gate, https://www.gate.com/trade/GT_USDT
• Gate, https://www.gate.com/price
• CoinGecko, https://www.coingecko.com/en/cryptocurrency-heatmap
• X, https://x.com/LineaBuild/status/1963166921739653184
• X, https://x.com/HollanderAdam/status/1965098349800853956
• Gate, https://www.gate.com/announcements/article/47054

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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 are purchasing before making any investment decisions. Gate does not take responsibility for any losses or damages caused by such investment decisions.