Gate Research Institute: Sei ecosystem accelerates, multiple favourable information drives LINK pump, Aave borrowing scale hits historic high | Gate VIP Weekly Report

Highlights of Last Week's Market Overview

Alpha Mining: BTC quickly dropped back to the lower channel boundary around the 115,500–115,800 range after reaching a new high; ETH corrected after hitting a new peak of 4,790 USD. In terms of altcoins, Mantle (MNT) rose 20.78% over the last 7 days; Chainlink (LINK) increased by 11.37%, bolstered by its partnership with ICE, a new high in TVS, and whale buying, further strengthening its leading position in the oracle sector.

On-chain funds: Sei Network maintains strong momentum with rapid growth in stablecoins and institutional layouts, consistently ranking first in activity among EVM public chains, gradually establishing its position as a high-performance on-chain financial infrastructure; Aave's borrowing scale has surpassed $25 billion, with deposits entering the top 40 of American banks, showcasing the accelerated penetration and diversified development of DeFi lending.

This report will conduct an in-depth analysis of the trends mentioned above and provide detailed market data and technical interpretations. You are welcome to click to view the full report, accurately grasp market dynamics, gain a forward-looking strategic perspective, and explore the next round of potential opportunities.


(Click below to get the full report)

[Gate Research](https://www.gate.com/learn/category/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 forecasts, and macroeconomic policy analysis.

Disclaimer Investing in the cryptocurrency market involves high risks. Users are advised to conduct independent research and fully understand the nature of the assets and products being purchased before making any investment decisions. Gate does not assume any responsibility for any losses or damages resulting from such investment decisions.

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