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Gate Research: ETH Underperforms BTC, PYUSD Natively Integrated into Polygon

Daily Research
Research
Altcoins
Trading
Macro Trends
VIP Daily Industry Report
2026-07-10 02:19:36
Reading Time: 4m
Last Updated 2026-07-10 02:20:32
On July 10, the crypto market remained in a weak consolidation phase, with BTC fluctuating in the $62,000–$63,000 range while ETH posted a more pronounced pullback. The Crypto Fear & Greed Index held at 22 (Extreme Fear), indicating that overall risk appetite remains subdued, with capital primarily focused on short-term trading opportunities and sector-specific rotations. Among the top performers, FIDA (+41.91%), ELON (+30.10%), and JTO (+24.42%) led the market, reflecting renewed interest in Solana ecosystem infrastructure, meme tokens, and liquid staking. On the industry front, the Ethereum Foundation advanced its research into AI-powered security agents, Hong Kong's SFC required licensed virtual asset platforms to adopt stronger anti-phishing authentication measures, and PYUSD was natively integrated into Polygon's Open Money Stack. Market attention continues to center on AI-assisted security verification, enhanced account security, and the modularization of stablecoin payment infrastructure.
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