Gate Research: Crypto Market Maintains Upward Momentum | Solana TVL Hits All-Time High

Gate Research Daily Report: On September 12, the crypto market saw a mild rebound, with BTC and ETH continuing their upward consolidation. On-chain highlights included Solana’s TVL surpassing $12.4 billion to reach a new all-time high, reinforcing its position as a leading high-performance blockchain. Avalanche launched a $1 billion crypto treasury initiative, aimed at boosting AVAX’s liquidity and capital support. Meanwhile, creator earnings on Pump.fun exceeded protocol revenue for the first time, with Project Ascend driving a new growth curve for the platform. Among trending tokens, PTB surged 43.71% on token launch momentum and BTCFi narrative; NMR rose 17.65% amid renewed interest in the AI + DeFi theme; and PI gained 3.14% as protocol upgrades embedding KYC mechanisms fueled mainnet anticipation.
Author: Shirley
Reviewer(s): Ember、Puffy
* 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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Crypto Calendar

Hack Meridian and Meridian 2025 in Rio De Janeiro
Stellar has announced the return of Hack Meridian, scheduled for September 15–16. The hackathon will be followed by the Meridian 2025 conference, taking place September 17–18. Both events aim to bring together developers and innovators to build, collaborate, and shape the future of blockchain-based financial infrastructure. Brazil will serve as the host country for this year’s gatherings.
XLM
-3.18%
2025-09-17
Tokens Unlock
Fasttoken will unlock 20,000,000 FTN tokens on September 18th, constituting approximately 2.08% of the currently circulating supply.
FTN
-0.24%
2025-09-17
Classic Competitive Season 11
Axie Infinity has kicked off Classic Competitive Season 11, running from August 28 to September 18. Players can now enter the arena to compete for over 35,000 AXS in total rewards. Both Battle and Premium Passes are available. The season can be accessed via hub.skymavis.com.
AXS
-3.72%
2025-09-17
Decentralized AI Forum in Budapest
Swarm will organize the Decentralized AI Forum on September 18, as part of Budapest Blockchain Week. The event will take place at Óbuda University and will include workshops, AI agent development sessions, panel discussions, and networking activities focused on decentralized AI, data sovereignty, and open innovation.
BZZ
5.82%
2025-09-17
Podcast
OriginTrail will host a new episode of the On Trac(k) podcast on September 18 at 13:00 UTC, featuring Videntifier CEO Ari Jonsson, OriginTrail CTO, Brana Rakic, and OriginTrail co-founder Tomaz Levak. The discussion will focus on building one of the world’s largest decentralized content libraries.
TRAC
-4.11%
2025-09-17

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