Bitget Research Weekly Highlights: ARK Applies for Ethereum Spot ETF, Bot's New Star Project Banana Gun to Launch Token
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Bitget Research Weekly Highlights: ARK Applies for Ethereum Spot ETF, Bot's New Star Project Banana Gun to Launch Token
Focusing on on-chain data, weekly news roundup.
Navigating Web3 tides with focused insightsOver the past week (09.04–09.08), several new trending cryptocurrencies and topics emerged in the market.
1. Market Trends
The most discussed topics in the market this week (09.04–09.08) were:
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Slight market rebound; U.S. CFTC reaches settlement agreement regarding previous allegations against DeFi projects such as Opyn
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ARK submits application for Ethereum spot ETF; market maintains low volatility
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Connext airdrop claim process restarted; Base temporarily halted block production before resuming
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Lack of market highlights; Banana Gun, a rising star in the BOT sector, is preparing to launch its token
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Market decline found support; sharp price drop followed end of short squeeze on Cyber
2. Popular Projects
The hottest projects this week (09.04–09.08) included:
YAMA (Token): A meme project launched just two days ago, achieving 3,729 daily transactions, growing from zero to 1,980 token holders, with $2.87 million in 24-hour trading volume and 7,210 trades—high热度; now listed and tradable on Bitget;
PRIME (Token): Parallel is a sci-fi collectible card game (TCG) using NFTs to allow players ownership of cards and other in-game assets. Backed by Paradigm’s investment team with top-tier game studio roots. Recently, Google engineers announced that on September 15, Google will update its ad policies to permit promotion of NFT games—potentially boosting user adoption for blockchain gaming projects;
DORKL (Token): On September 6, Matt Furie, creator of Pepe, changed his profile picture to a black hoodie-wearing Pepe known as "DORK LORD"—a nod to the "PEPE Father" concept. The tweet garnered 270K views and widespread retweets by KOLs. $DORKL was created within 20 minutes of the tweet. The token currently has $315K in on-chain liquidity and nearly $20.45 million in 24-hour trading volume. Contract audits reveal modifiable transaction tax, trading cooldown, and blacklist/whitelist capabilities. Ownership has been renounced. Now listed on Bitget;
PERP (Token): Perpetual Protocol received a bullish rating yesterday from Investor Observer, a crypto research firm—an influential endorsement that ranks first on Google search for the project. Binance has launched perpetual contracts, though liquidity remains low. Recent price surges led to $1.39 million in short liquidations over 12 hours, triggering a short squeeze. The token has risen over 100% from recent lows;
Tether (Token): Paolo Ardoino, CTO of Tether, announced on social media that Tether now holds $72.5 billion in U.S. Treasuries, surpassing countries including UAE, Mexico, Australia, and Spain, making it the 22nd-largest holder globally;
Avive Profile NFT (NFT): Avive World aims to build a metaverse social network. Holding this Profile NFT qualifies users for $VV token airdrops. The project recently completed its free NFT mint event, with over 86K addresses holding the NFT on-chain and 709.7K followers on Twitter;
Banana Gun (Dapp): A Telegram bot helping users trade on DEXs, featuring two core functions—"Sniper" (for newly launched memes) and "Quick Trade"—both equipped with investor protections like anti-rug and MEV protection, with fees at 0.85% and 0.5%, respectively. Roadmap includes auto-take-profit, Telegram trend crawlers, multi-chain support, and copy trading. The project plans to launch a token, with a public sale scheduled for this weekend, capped at 800 ETH, FDV of $6.6M, and initial circulating market cap of $1.56M, primarily held by public sale and airdrop participants;
Coinbase (Dapp): According to Nansen data, Coinbase saw over $1.05 billion in net outflows over the past seven days ($1,050,236,308), with Coinbase Custody experiencing $757 million in net outflows. Market liquidity continues to decline;
Aerodrome (Dapp): A ve(3,3) DEX on Base L2, co-developed and launched by Velodrome and the Base team. 40% of initial circulating veAERO will be airdropped to veVELO holders, locked for four years. Since launch, TVL has grown rapidly, with partners including SNX and Beefy. Current TVL stands at $190 million—high热度.
3. Hot Searches
The most searched topics this week (09.04–09.08) were:
BTC, ETH (Token) – Markets remain stable, with BTC and ETH prices oscillating around $26,000 and $1,625, respectively. Implied volatility fluctuates between 30%–35%, while 9-month options have seen implied volatility rise to 47.5% (BTC) and 43.4% (ETH). Yesterday's ARK ETF application for spot ETH triggered a brief surge in ETH price followed by a pullback.
Base (Dapp) – (1) Base experienced a temporary halt in block production, but the network has since resumed normal operations; (2) Native USDC is now available on the Base network. Circle accounts and APIs fully support Base USDC. Issued directly by Circle, native USDC is always redeemable 1:1 for USD;
GALA (Token) – Both bullish and bearish developments occurred recently, drawing market attention: (1) Gala Games announced full migration of its platform to GalaChain by year-end; (2) Co-founders of Gala Games have filed lawsuits against each other, signaling internal conflict;
Bitget Research focuses on "tracking on-chain data and uncovering value assets." By monitoring real-time on-chain metrics and regional search trends, it identifies emerging investment opportunities, delivering institutional-grade insights to cryptocurrency enthusiasts. To date, Bitget Research has helped global users access early-stage value assets across trending sectors such as the Arbitrum ecosystem, AI ecosystem, and SHIB ecosystem, creating superior wealth-building opportunities through data-driven analysis.
[Disclaimer] The market involves risks; investing requires caution. This article does not constitute investment advice. Readers should consider whether any opinions, viewpoints, or conclusions expressed herein are suitable for their individual circumstances. Investment decisions based on this information are made at the reader’s own risk.
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