Gate Ventures: Stock Index Highs and Policy Divergence Coexist, Market Uncertainty Rises

According to the latest weekly report from Gate Ventures, the global market is performing steadily overall, but inflationary pressures and policy divergence are rising simultaneously. The S&P 500 broke through the 7200-point mark for the first time, while the Fed held interest rates steady but with significant internal divergence. Combined with oil price volatility driven by supply shocks in the Strait of Hormuz, market expectations of "stagflation" have strengthened. Against this backdrop, the crypto market maintains a consolidating pattern, with BTC roughly sideways, ETH experiencing a slight correction, diverging ETF capital flows, and market sentiment remaining cautious.

At the industry level, the CLARITY Act clarifies the boundaries of stablecoin yields, further pushing for a clearer regulatory framework. EURC is experiencing rapid growth in retail payment scenarios in Spain, reflecting the practical implementation of localized stablecoin applications. The Solana ecosystem is advancing its post-quantum signature scheme Falcon, indicating a strengthened forward-looking layout for long-term security within the industry. In terms of investment and financing, 15 funding rounds were completed this week, totaling $167 million, a 205% increase month-over-month, with the infrastructure track still dominating. Among them, Four Pillars completed its Series A funding round to enhance institutional-grade research and infrastructure capabilities. Belo secured $14 million led by Tether to accelerate the expansion of its stablecoin payment network in Latin America. Overall, capital continues to concentrate towards infrastructure and cross-asset platforms, driving the industry's accelerated evolution towards institutionalization and multi-asset integration.