Project Updates

Popular cryptocurrency project ZetaChain (ZETA) continues to prepare for the altcoin bull run. Gate.io has introduced the Gate.io way to universal apps, which provides local connections to any blockchain, including the Bitcoin network. In the official announcement, it was mentioned that Gate.io has played a significant role in the active zetachain 2.0 upgrades. Universal Apps will allow users to access any chain connected without requiring network changes. These applications will pave the way for tokens to be transferred to connected chains without permission, using the ZRC-20 token standard. In addition, the central and peripheral model offered by the new product will allow the management of all crypto assets and data from a single place: This upgrade significantly enhances the user experience by allowing users to access applications on any new chain supported by zetachain, while developers only need to deploy once. Gate.io is expected to accelerate the growth of over 270 dapp partners in the zetachain ecosystem. #CryptoObservers# #ContentStar##Gate post Highlights# #HotTopicDiscussion# #GateLive#

Market Overview Main Market Trends - Market sentiment index rises to 91%, indicating extreme greed. - BTC briefly broke above $100,000 before pulling back, the overall market resilience remains strong. - The strong performance of ETH has driven the overall market up, showing sustained confidence in mainstream cryptocurrencies. - The market value of stablecoins is steadily increasing, with USDT rising by 1.74% to $141 billion and USDC increasing by 2.03% to $40.2 billion. - Frequent large transfers on-chain, clear signs of institutional capital entering the market. - The OTC premium remains within a reasonable range, and the supply and demand situation for funds is healthy. - The total locked value in DeFi increased from 46.8 billion USD to 53.2 billion USD, a growth of 13.67%. - The liquidity staking project has performed exceptionally well, benefiting from the rise in underlying asset prices and increased yields. - The activity level of lending agreements has significantly increased, and the demand for leverage has risen. - The trading volume on DEX continues to rise, and market activity is increasing.

ZetaChain, as a full-chain interoperability platform, is committed to addressing the fragmentation and limitations of the blockchain ecosystem. Through its innovative longer computing system and Omnichain technology, ZetaChain achieves secure interoperability with different blockchain assets, simplifying the development of decentralized applications. The team actively builds relationships with developers, follows innovations in fields such as DeFi, and promotes the development of blockchain applications.

ZetaChain is a full-chain interoperability platform designed to address the fragmentation and limitations of the blockchain ecosystem by seamlessly connecting different blockchain networks to promote the development of Web3. Its core team leverages extensive industry experience, utilizing longer computation and threshold signature technology to achieve interoperability with non-smart contract chains. ZetaChain also offers the advantages of Omnichain contracts, simplifying DApp development and focusing on Decentralized Finance and other fields, committed to attracting global developers to build decentralized applications.

ZetaChain aims to address the fragmentation issue within the blockchain ecosystem by seamlessly connecting assets across different chains, achieving full chain interoperability. Its use of longer computation and threshold signature technology allows for connectivity with non-smart contract chains, enhancing the development experience of decentralized applications. Furthermore, ZetaChain does not rely on cross-chain bridges but instead moves native assets directly between different chains, increasing security. In the future, ZetaChain will focus on the development of areas such as Decentralized Finance and actively build relationships with developers.