Gate Research: February 2025 Crypto Market Review

3/7/2025, 9:25:38 AM
Download the Full Report (PDF)
Gate Research has released its latest report, "Gate Research: February Cryptocurrency Market Review," summarizing and analyzing February's market trends, on-chain data, key events, security incidents, funding activity, and upcoming developments. This report provides deep insights into the overall performance of the crypto market and key industry trends.

Abstract

  • In February, the total crypto market cap trended downward, dropping from $3.6T to below $3.0T by late month, signaling increased selling pressure.

  • BTC fell from $100K, briefly dipping below $80K, while ETH plunged nearly 30% to around $2,200.

  • Sui’s active addresses grew 35.81%, reflecting ecosystem growth.
  • Ethena remained resilient due to its unique mechanism and high yields. TRUMP token’s on-chain volume dropped 86.9% to $5.3B.
  • A hacker incident drove THORChain’s volume to $860M, as stolen ETH from Bybit was converted to BTC for further transfers.

  • Web3 saw 134 funding deals totaling $1.02B, down 6.4%, with CeFi and blockchain services leading at $301M and $223M. Security losses hit $1.676B, mostly from account breaches and contract flaws (53.3%).

  • On March 5-6, 2025, ENA and RED token unlocks will reach 64% and 480% of circulating supply.

    (Click below to access the full report)



Gate Research
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Author: Evelyn
Translator: Piper
Reviewer(s): Wayne、Edward
Translation Reviewer(s): Ashley、Joyce
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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Content

Crypto Calendar

Project Updates
Renmin University of China Law School plans to hold an advanced training course on the legal practice of handling Virtual Money involved in cases, stablecoins, and RWA from August 29 to 31.
RWA
13.04%
2025-08-29
AMA on Discord
SuperVerse will host an AMA on Discord on August 30th at 20:00 UTC.
SUPER
-4.21%
2025-08-29
TAVAX Launch
tAVAX integrates Treehouse fixed income layer with Avalanche.
AVAX
-3%
2025-08-29
Project Updates
The Bitcoin Layer 2 network Zulu Network is transitioning to the AI field. The Mainnet and related services will suspend operations on August 30, and whether to restart will depend on future demand.
AI
-2.63%
2025-08-30
Token unlock
Kamino (KMNO) will unlock approximately 229 million Tokens at 8 PM Beijing time on August 30, which accounts for 6.81% of the current Circulating Supply, valued at around 13.3 million USD.
KMNO
-5.91%
2025-08-30

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