Gate Research Institute: TEL weekly rise exceeds 100%, UNI governance proposal stimulates price with a single-day big pump of 50%｜Gate VIP Weekly Report

Highlights of Last Week's Market Overview

Alpha Jujin: After a continuous decline, BTC showed signs of a brief stabilization on November 16, with the price slightly rebounding above $94,800, presenting a technical recovery in a weak short-term trend. ETH similarly stabilized at a low over the weekend after a continuous weakening, with the price rebounding to around $3,115, showing a mild technical recovery in the short term. TEL surged over 100% last week, becoming the most eye-catching token; AB and STRK also recorded increases of 24.37% and 22.35%, respectively, rising against the trend in the short term.

On-chain funds: In the past week, Sei's funding, ecosystem, and institutional adoption have all accelerated significantly, making it one of the most remarkable growth forces in the public chain sector. Driven by ultra-low costs, high concurrency, and strong ecological expansion, Sei has formed a full-chain growth from institutions to consumer scenarios. Uniswap has launched the most transformative governance proposal in history, opening up protocol fees and using the revenue for UNI burning, which may lead to a comprehensive reshaping of Uniswap's valuation system, economic model, and industry position.

This report will conduct an in-depth analysis of the aforementioned trends and provide detailed market data and technical interpretations. Click to view the full report, accurately grasp market dynamics, obtain forward-looking strategic insights, and explore the next round of potential opportunities.

Disclaimer Investing in the cryptocurrency market involves high risks. It is recommended that users conduct independent research and fully understand the nature of the assets and products being purchased before making any investment decisions. Gate does not take any responsibility for any losses or damages arising from such investment decisions.