​​Almost all Hyperliquid traders remain bullish despite broader market underperformance.

Can crypto repeat the metals rally this year?

👉 cryptorank.io/performance

​​Yes, Solana trenches are alive

There's been a spike in activity this January. On 27th, active addresses surged over 300K for the 1st time in many month.

Daily volumes are now approaching $200M, while daily token launches hit 44.5K.

Will we see another $100M runner on February?

👉 https://cryptorank.io/tags/solana-meme

​​📉 Market Overview

The market entered the max pain zone, with BTC now trading around $82K after dropping 6% in a day. Total market cap slid to $2.9T, and about $1.5B in long positions was wiped out over the past 24 hours.

Bitcoin: $82,716 -6.2%
Ethereum: $2,739 -7.3%

Thursday ETF outflows:
BTC ETFs: $818M
ETH ETFs: $156M

Surprisingly, there are still alts that look good in this squeeze. CC held strong and gained 7%, bringing weekly growth to 22%. 2Z is also in the green, up 3% on the da

Market Cap: $2.90T
Liquidations: $1.7B
Fear & Greed Index: 16 (Extreme Fear)
Altcoin Index: 29/100

👉 Latest News

- Gold has outperformed Bitcoin over the past five years.
- The Hyperliquid team said 140,000 HYPE will be unstaked and given to team members on Feb 6.
- Bitcoin is now 10% above the April lows.

👉 Small Cap Gainers

BULLA +75%
RollX +48%
分红狗头 (dividend dog head) +43%
币安2017 +25%
U.S Oil +25%

👉 Recent Funding Rounds

- Flying tulip $25.5M Series A round backed by Amber Group
- Whetstone research $9M Seed round led by Pantera Capital
- Startale $13M Extended Series A round backed by Sony Innovation Fund

​​Tether Holds More Gold Than Qatar

Tether is building a digital dollar designed to withstand traditional banking crises and fiat currency inflation. The company has accumulated over 140 tons of physical gold, valued at roughly $23 billion, which would place it around 23rd globally by gold reserves, just behind the Central Bank of Brazil (≈145 tons), if it were classified as a country.

👉 https://cryptorank.io/price/tether

​​Are There Any Safe Havens Left?

During yesterday’s gold pullback, most major assets across categories followed metals, even crypto that don’t have gains for a while.

As of now, markets are highly correlated during panic selling, and the US dollar is losing value rapidly.

What we’re using for a hedge, folks?

👉 cryptorank.io/coin-categories

​​RWA holders have grown ~10x over the past year, now nearing 800K

Public equities (294K) and commodities (206K) make up most holders, even though their combined dollar value represents only 25% of the total RWA market.

At this pace, RWA holders could surpass 1 million within months.

👉 https://cryptorank.io/tags/real-world-assets

​​🚨 Just in: Bitcoin falls under $80,000 for the first time in 8 months.

👉 cryptorank.io/price/bitcoin

​​📉 Market Overview

As the market keeps going down, BTC has recorded a 13% drop in a week and nearly lost the $75K support level, while ETH has fallen 23%, losing the $2,200 level. Total crypto market cap has fallen 14% and is now around $2.65T.

Bitcoin: $76,209 -2.9%
Ethereum: $2,213 -8.4%

Last week ETF outflows:
BTC ETFs: $1.5B
ETH ETFs: $327M

Altcoins are mostly in the red, following the majors. However, some have managed to outperform the falling market. HYPE bounced 36% in a week, followed by STABLE up 30% and CC +22%.

Market Cap: $2.67T
Liquidations: $800M
Fear & Greed Index: 14 (Extreme Fear)
Altcoin Index: 29/100

👉 Latest News

- Crypto market cap fell by about $230B in one day.
- Step Finance was hacked for 261,854 SOL (around $30M).
- A senior member of the UAE royal family secretly bought a 49% stake in WLFI for $500M.

👉 Small Cap Gainers

BUTTCOIN1 +75%
Limitless +56%
elizaOS +24%
QuarkChain +21%
Uchain +18%

👉 Recent Funding Rounds

- Flying tulip $25.5M Series A round backed by Amber Group
- Metaplanet $78M Post-IPO round
- Whetstone research $9M Seed round led by Pantera Capital

​​Key Crypto Events This Week🚀

🔹 February 2:
- Turbo: Community chat session #12 live with updates from the ecosystem
- MANTRA: Prop 28 Vote validator set expansion from 33 to 38
- ZetaChain: X Spaces AMA on the universal layer for AI and Web3

🔹 February 3:
- Lido: Fireside chat on Lido V3 stVaults and new staking products
- Axie Infinity: 2026 ecosystem strategy and future roadmap discussion
- Ondo Finance: Roadmap update on tokenized Treasuries and equities with regulatory clarity ahead

🔹February 4:
- Stacks: Townhall on 2026 plans with ecosystem updates and community Q&A
- Venus: New DeFi launching on BNB Chain
- XDC Network: Masternode staking rewards and governance discussion

🔹 February 5:
- Olympus v2: Community call with protocol updates treasury insights and live Q&A
- Helium: Helium-Live
- Zilliqa: Mainnet hardfork enabling Cancun EVM and faster QUIC-based networking

🔹 February 6:
- Berachain: 63.75M Token Unlock (41.70% of supply)
- Hyperliquid: 9.92M Token Unlock (2.78% of supply)

🔹 February 7:
- Infinit: 90.87M Token Unlock (9.09% of supply)

🔹 February 8:
- Sei: V6.3 mainnet upgrade with performance and scalability improvements
- Decred: Treasury policy update approved increasing maximum expenditure limits

Did we miss anything? Reply in comments to let others know! 🔥

Don't miss out on the daily activities in our Community Chat
👉 t.me/CryptoRankEn

Gate Expands TradFi to Web

Gate launched the web version of Gate TradFi, so users can trade on both App and Web with one shared account, including the same funds and open positions.

It is a CFD module that covers forex, metals, indices, commodities, and selected stocks. It uses USDT as collateral with balances shown in USDx, and it’s connected to MT5. Fees can start from $0.018 per trade.

Since launch, Gate TradFi reached over $20B cumulative volume, with peak daily volume above $5B.

The exchange also ran a TradFi Launch Celebration from Feb 2–22 with a $150K reward pool, while the Golden Lucky Bag campaign distributed 1,152g of gold and phase 2 will start soon.

👉 cryptorank.io/exchanges/gate.io

​​ICYMI: Weekend Recap 🗞️

Here's a quick look at the key headlines from this weekend:

Markets & Macro

🇺🇸 A technical partial US government shutdown begins, House Speaker expects resolution by Tuesday
🇦🇪 Abu Dhabi royal backed investor buys 49% of WLFI for $500M in a controversial secret deal
🇮🇷 U.S. imposes sanctions on crypto exchanges tied to Iran for the first time

Projects & Community

🏴‍☠️ Step Finance hacked for 261,854 SOL (~$30M) after treasury wallet compromise
💰 Aster launches strategic reserve buyback dund
⚙️ Lighter launches Lighter EVM

Institutions & Capital

🏦 SoFi Technologies posts record $1B Q4 revenue after crypto product relaunch
📉 BitMine Immersion faces $6B paper loss as ETH sell-off deepens
📊 Tether reports over $10B in net profit last year

Drophunting weekly:

— Infinex - Claim & TGE
— Ronin - Creator program
— Moonbirds - Claim & TGE
— Konnex - Airdrop campaign
— Mezo - Airdrop checker
— Pixie Chess - Beta waitlist
— Mocaverse - Mocaproof beta
— Upshot - Discord roles

Explore other news on CryptoRank:
👉 https://cryptorank.io/news

BitMine’s ETH Treasury Is Deep Underwater

BitMine’s ETH-focused treasury accumulation strategy has resulted in a $6.7B unrealized loss following the latest market correction. With ETH now trading well below the company’s $3,883 average cost, the position is down roughly 40%.

Market expectations remain bearish: Polymarket assigns an 86% probability to ETH falling below $2,000, while 59% expect a move toward $1,500 in 2026.

👉 https://cryptorank.io/price/ethereum

​​$2.0 Billion Worth of Tokens To Be Unlocked in February 🔓

The following notable token unlocks will happen in February:

Rain $359.45M
Zama $81.16M
LayerZero $44.57M
Aster $44.49M
Berachain $31.41M
Stable $27.01M
pump.fun $24.64M
COCA $21.27M
Grass $19.56M
Capx AI $17.60M

👉https://cryptorank.io/token-unlock

​​📈Market Overview

The crypto market is bouncing a bit, following gains in metals and U.S. stocks. However, sentiment remains in extreme fear, as market participants are aware of broader market weakness.

Bitcoin: $78,201 +2%
Ethereum: $2,285 +2%

Monday ETF flows:
BTC ETFs: $562M inflowed
ETH ETFs: $3M outflowed

On this market dip, many perp DEX coins are showing good momentum. HYPE is leading with an 18% gain on HIP-4 news, followed by LIT +11%, ASTER +6%, and JUP +4%.

Market Cap: $2.75T
Liquidations: $332M
Fear & Greed Index: 17 (Extreme Fear)
Altcoin Index: 30/100

👉 Latest News

- Hyperliquid announced HIP-4, enabling prediction and options markets.
- Binance’s SAFU fund bought 1,315 BTC.
- Circle minted 750M USDC.

👉 Small Cap Gainers

clawd.atg.eth +72%
WAR +64%
Limitless +61%
Ninety Eight +43%
Ika (ex. dWallet network) +39%

👉 Recent Funding Rounds

- Tokens.com M&A round backed by Bed Bath & Beyond
- Jupiter $35M Strategic round backed by ParaFi Capital
- Derive Funding round backed by Variant

Bitcoin Now Trades Near Strategy's Entry

As the market keeps moving down, with short-term bounces and no real strength, even institutional players are starting to see negative PnLs.

If Bitcoin drops another 10% in a week, Michael Saylor’s Strategy will join Bitmine in a drowning boat, sitting on around $5.43B in losses.

For now, digital gold is only ~2.8% above Saylor’s average entry, up 0.5% on the day.

Will Strategy’s BTC position land on the leaderboard of the biggest losses ever, or does crypto finally bounce?

👉 cryptorank.io/price/bitcoin

​​Bitget Lists ZAMA on Launchpool

Bitget has launched a new Launchpool campaign featuring Zama (ZAMA). From February 2 to February 5, users can lock BGB or ZAMA to grab a share of 9,350,000 ZAMA.

Zama is a cryptography company dedicated to developing open-source homomorphic encryption tools for developers.

👉 cryptorank.io/price/zama

🚨Update: As Bitcoin turns red again, down 5% in 24H and trading around $75K, Strategy has an unrealized PnL of about -$800M.

​​Solana is yet again the top 1 chain by monthly DEX volume

Solana recorded $117.7B in volume in January, posting a 20% MoM growth and outperforming other chains by a mile.

The network is currently accounting for nearly 35% of the entire on-chain volume.

👉 https://cryptorank.io/price/solana

​​📉 Market Overview

Despite the recovery in metals, crypto is probably following the correction in U.S. stocks, updating yearly lows. Tonight, BTC fell below $73K, while ETH is moving closer to the $2K level.

Bitcoin: $76,465 -2.8%
Ethereum: $2,277 -1.9%

Tuesday ETF flows:
BTC ETFs: $272M outflowed
ETH ETFs: $14M inflowed

Major alts are following the exact same pattern. HYPE is down 10% in a day, despite holding strong through the dip, while SOL is down 23% in a week, trading below $100 for the first time since late February 2024.

Market Cap: $2.70T
Liquidations: $705M
Fear & Greed Index: 14 (Extreme Fear)
Altcoin Index: 32/100

👉 Latest News

- Vitalik Buterin: The original L2 concept no longer makes sense.
- MetaMask to integrate tokenized U.S. stocks, ETFs, and commodities via Ondo Global Markets.
- Tom Lee said Bitmine’s unrealized ETH losses are “not a bug, but a feature.”

👉 Small Cap Gainers

AI Rig Complex +43%
Synapse +36%
BUTTCOIN1 +29%
ETHGAS +29%
REI +25%

👉 Recent Funding Rounds

- Bluff $21M Strategic round led by 1kx
- Kairos $2.5M Funding round led by Andreessen Horowitz (a16z crypto)
- Tokens.com M&A round backed by Bed Bath & Beyond

Tether's Market Cap Surge Threatens Ethereum's #2 Crypto Ranking

Tether is surging as the stablecoin sector grows, while Ethereum and the broader crypto market face bearish conditions. This dynamic is rapidly narrowing the gap between Tether and Ethereum's market caps.

Given the clear trend favoring stablecoins in recent years, Tether could potentially flip Ethereum to become the second-largest cryptocurrency by market cap.

👉 cryptorank.io/price/tether