Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
The counterfeit season index warms up, ONDO leads with a 34% increase, SOL rises over 6%; BTC market share drops to 60.6%
Shanzhai Coin Season Index rises to 48, indicating that in the past 90 days, 48 of the top 100 altcoins have outperformed Bitcoin, while BTC market share has dropped from the recent high of 61.2% to 60.6%.
Leading the weekly gains are ONDO, which surged 34.5%, and ICP, which increased 32.8%; Solana and SUI ecosystems’ tokens are also showing collective upward movement.
(Background: Ondo tokenized government bonds settled in five seconds: collaborating with JPMorgan and Mastercard, RWA redemption pipeline successfully launched)
(Additional context: Bitcoin market share approaches 65%, hitting a four-year high—Is altcoin season coming?)
The altcoin market shows significant signs of recovery amid Bitcoin’s consolidation at high levels. CoinMarketCap’s Altcoin Season Index rises to 48, meaning nearly half of the top 100 altcoins have outperformed BTC in the past 90 days. Although still below the threshold for “altcoin season” (above 75), the situation has improved markedly from previous single-digit lows.
Bitcoin’s market share (BTC.D) has also declined from the recent high of 61.2% to 60.6%.
Weekly leaders: ONDO, ICP up over 30%
The top of the gainers list is led by ONDO from the RWA sector, which surged 34.5% in a week to $0.4695. Ondo Finance recently completed cross-border tokenized government bond redemption settlement, and with the RWA narrative continuing to gain traction, this has been the main driver of the rally.
Internet Computer (ICP) follows closely, rising 32.8% to $3.97. Other tokens with notable gains include:
These leading tokens are spread across different sectors such as RWA, infrastructure, ZK, and modularization, not driven by a single narrative, indicating a broad capital inflow.
Solana and SUI Ecosystem Tokens Rise Together
Tokens from the two major blockchain ecosystems, Solana and SUI, are experiencing collective upward movement.
In the Solana ecosystem, SOL is currently around $93, with over 6% increase in the past 24 hours.
JUP (Jupiter) rose 18.7% to $0.245, and PYTH (Pyth Network) increased 17.5% to $0.061.
The SUI ecosystem’s performance is even more remarkable. SUI itself rose 14.7% to $1.09, driving the entire ecosystem’s tokens higher:
The simultaneous rise of ecosystem tokens reflects not just a warming of speculative sentiment but also an increase in on-chain activity and DeFi usage.
The season index of 48 still has a considerable gap from the official altcoin season threshold of 75. However, capital is flowing into different sectors rather than concentrating on a single meme coin or hot spot, indicating a relatively healthy recovery pattern. The last time the index approached 50 before breaking through 75 took nearly three months.