[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/ann_en_20250826_162245_97eb6c482ac4ec885201452f0d1ad9cf.webp) * Market Commentary: On August 21, BTC continued its recent decline, breaking below the 26-day moving average, with the current price around 110,025 USDT. ETH surged in the early hours of August 25 to a new cycle high of $4,946 before entering a pullback. * Trending Tokens: FLOCK rose 28.48% in 24H to $0.427, driven by 25% token lock-up and spot listing; OMI jumped 94.21% in 24H to $0.00042 after VeVe announced a new feature allowing users to convert tokens into Gems to purchase licensed digital collectibles; EDU gained 16.39% in 24H to $0.161, fueled by the launch of Open Campus 3.0, with strong market optimism around its role in the education ecosystem. * Alpha Insights: This week, the crypto market saw nearly $900M in liquidations, mainly affecting overleveraged BTC and ETH longs. With a stronger USD and weaker risk appetite, U.S. crypto stocks broadly declined. Meanwhile, Japan’s largest Web3 event, WebX 2025, was held on August 25–26 at The Prince Park Tower Tokyo. Gate CEO Han Lin emphasized that mass adoption of Web3 is inevitable. * Gate Launchpool: Gate is now offering Alt.town (TOWN) subscription. Users can stake USDT or TOWN before September 2, 2025, 12:00 (UTC) to claim 2,727,273 TOWN airdrop rewards. Alt.town is a next-generation Web3 platform for the value growth of virtual idols, empowering creators, fans, and brands through blockchain integration, digital ownership, and data-driven fan engagement. Discover more details today → Gate Research: BTC Pulls Back as Institutions Keep Buying｜Gate CEO Emphasizes Mass Adoption of Web3 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.
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