Gate Research: Sonic Surpasses 100 Million Transactions | SEC Requests Solana ETF Applicants to Update S-1 Filings

2025-06-11 08:28:40 UTC
72.618 views

BTC rose 0.12% in the past 24 hours, currently trading at $109,735, maintaining its consolidation range. ETH gained 1.58%, now at $2,812. The ETH/BTC ratio climbed to 0.0256, pushing ETH’s market dominance to 9.87%. Market sentiment continues to improve, with most sectors rebounding and the Fear & Greed Index rising to 65. On the macro side, U.S. stocks closed higher on Tuesday, hitting 3-month.

  • Market Overview: BTC rose 0.12% in the past 24h, holding around $109,735. ETH outperformed BTC, with its market share climbing to 9.87% and the ETH/BTC ratio breaking above 0.0256 as anticipation builds around spot ETH ETFs.
  • Trending Tokens: Leading tokens in the past 24 hours include RPL(+19.83%), UNI(+16.87%), SSV(+15.98%).
  • Alpha Insights: Sonic surpassed 100 million total transactions on-chain, signaling growing network activity. The SEC has requested updates to the Solana ETF S-1 filing, indicating continued regulatory scrutiny. Fly.trade officially launched on Gate Launchpool, focusing on enhancing DeFi trading experience with strong community interest.
  • Gate Launchpool: Fly.trade (FLY) is now live on Gate Launchpool, offering users a chance to claim a share of 1,233,344 FLY tokens during the staking period from June 8, 2025 at 12:00 to June 15, 2025 at 12:00 (UTC).

Explore Today’s Highlights → Sonic Surpasses 100 Million Transactions | SEC Requests Solana ETF Applicants to Update S-1 Filings

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 Jun 11th, 2025 **Gateway to Crypto** Trade over 4,400 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