[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/ann_en202508041410156981821621.webp) - Market Overview: On August 4, BTC stabilized after a dip and rebounded to around 114,689.8 USDT. ETH is approaching the key resistance zone near 3,534.26 USDT. - Trending Tokens: The AI virtual companion narrative surged following Musk’s tweet, driving Ani up nearly 48%. Stablecoin protocol Ethena saw ENA jump over 17% amid market recovery and record-high TVL. Initia (INIT) gained over 13% thanks to renewed liquidity from its “unstaking subsidy” program. - Alpha Highlights: Fluid surpassed Uniswap in 24-hour trading volume on Ethereum mainnet for the first time. Base chain’s daily token issuance outpaced Solana. Zora ignited a boom in the on-chain creator economy. The stablecoin market cap rose by $1.78 billion last week, a 0.67% increase week-over-week. - Gate Launchpool: Gate is now offering Ika (IKA) subscriptions. Users can stake GT or IKA to receive part of a 12,000,000 IKA airdrop for free until 12:00 (UTC) on August 16, 2025. Ika, formerly known as dWallet Network, is an infrastructure protocol with an MPC network that enables Sui smart contracts to manage assets across other blockchains. Discover more details today → Gate Research: Fluid Daily Trading Volume Surpasses Uniswap | Token Issuance on Base Chain Exceeds Solana Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis. **Disclaimer** Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own 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 arising from such decisions. Gate Team August 4, 2025 **Gateway to Crypto** Trade over 3,500 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