[Crypto Market Trends Diverge, Web3 and AI Innovation Projects See Rising Funding Interest]
According to the latest crypto weekly report from Gate Ventures, the crypto market showed mixed performance following the Federal Reserve's announcement of a 25 basis point rate cut to 4–4.25%. Bitcoin prices remained generally stable, Ethereum experienced a slight pullback, and the altcoin sector saw a modest decline. Meanwhile, macroeconomic data such as GDP and the core PCE index remain key focal points for the market.
This week, total crypto venture funding reached $741 million, a year-over-year increase of 25%. Web3 and AI innovation projects continue to attract significant investment attention. Google introduced the AP2 universal payment protocol, which provides stablecoin and fiat payment functionality for AI agents, with support from Mastercard and Coinbase. Additionally, the Ethereum Foundation established a "dAI" division and launched the ERC-8004 standard, aiming to position Ethereum as the settlement layer for AI. The Solana ecosystem also showed strong activity, with Helius Medical raising over $500 million, further fueling the venture capital boom.