Gate Ventures: Tightening macro liquidity accelerates industry differentiation; on-chain infrastructure and institutional staking continue to strengthen.

According to the latest weekly crypto market report released by Gate Ventures (November 10, 2025), global liquidity continues to tighten, while on-chain infrastructure development and institutional staking are driving structural growth in the crypto asset market. Gate Ventures points out that the Federal Reserve's announcement that it will officially end quantitative tightening (QT) in December and may resume quantitative easing next year will profoundly impact risk asset pricing and the development path of on-chain finance. Meanwhile, S&P, in partnership with Chainlink and Dinari, launched the first on-chain Digital Markets 50 index, marking a significant step in the full integration of traditional financial benchmarks into on-chain infrastructure development.

Gate Ventures points out that Ethereum validator participation continues to increase, with 1.5 million ETH currently in the queue awaiting activation, indicating that institutions are accelerating their shift to native staking and are willing to bear the liquidity costs of delayed exit queues. This is seen as a long-term signal that Ethereum's position as a global DeFi and stablecoin settlement layer is further solidified. In terms of venture capital, Gate Ventures tracked 18 funding rounds this week, totaling $250 million, with infrastructure projects accounting for the largest share, indicating that institutional capital continues to invest in the core Web3 sector.