March 4, 2026 Top Cryptocurrencies Overview, the top three in popularity are: River, Phala Network, Pangolin

Lido suspends ZKsync bridge deposits, raising security concerns; LDO and ZK both weaken

Ethereum's liquid staking protocol Lido Finance has paused new bridging deposits after discovering a potential security vulnerability in the wstETH bridging contract on the ZKsync network. Currently, the vulnerability has not been exploited, and user assets are safe. Lido is working on a fix through decentralized governance, with a governance vote expected to take place in late March 2026. This incident has caused short-term pressure on the related tokens.

EDGE (Definitive) 24-hour increase of 163.59%

Gate News Bot message, March 04, according to CoinMarketCap data, as of press time, EDGE (Definitive) is currently trading at $0.27, up 163.59% in the past 24 hours, with a high of $0.30 and a low of $0.08. The 24-hour trading volume reached $18.4 million. The current market capitalization is approximately $74.1 million, an increase of $46 million from yesterday. EDGE is the utility token of the Definitive platform, designed to enhance the user trading experience. Users can stake EDGE to enjoy lower trading fees, priority access to new features, and unlock exclusive rewards. Definitive is an on-chain advanced trading platform that supports trading any asset on any public blockchain. The platform offers market orders, limit orders, and TWAP, among others.

Iran conflict escalation drives surge in Bitcoin demand, with large amounts of funds withdrawing from platforms and moving into personal wallets

As tensions in the Middle East escalate, cryptocurrency trading in Iran has significantly increased, with users大量 buying Bitcoin and transferring it to personal wallets to protect their assets. The platform Nobitex has experienced a surge in withdrawals, indicating a reduced reliance on centralized services. Historically, during geopolitical conflicts, cryptocurrencies often serve as tools for cross-border transfers and risk mitigation. Users diversify assets to reduce risk but also need to bear the responsibility of private key management. Amid increasing global market uncertainty, some funds are flowing overseas, with investors turning to Bitcoin to hedge against banking restrictions.

Ripple payment volume exceeds 100 billion USD, XRP Binance liquidity hits new low

Ripple announces that its payment platform transaction volume has surpassed $100 billion, covering over 60 markets, demonstrating the success of its cross-border payment solutions. However, XRP's liquidity index on Binance has dropped to a new low, indicating a significant decline in trading activity, which could impact price volatility risk. Analysis points out that even with business growth, low liquidity does not necessarily immediately improve market conditions.

Middle East conflict impacts Asian stock markets, Bitcoin holds at $67,000, Ethereum and Solana come under pressure and retreat

Middle Eastern geopolitical tensions continue, and risk aversion in Asian financial markets intensifies, leading to significant declines in major stock indices. Bitcoin experiences a slight dip but remains within a key range, with market focus on institutional funding and ETF inflows. Mainstream cryptocurrencies like Ethereum and Solana pull back as risk appetite contracts. Uncertainty in the macro environment and volatility in the energy markets increase market pressure.

Gate ETF's February trading volume exceeded $16 billion, maintaining the top spot in ETF trading volume across the entire network. It now supports nearly 320 ETF trading pairs.

Gate ETF business achieved a trading volume of 16.277 billion USDT in February 2026, ranking first in monthly trading volume across the entire network. Supporting nearly 320 ETF trading pairs, it optimizes liquidity and trading efficiency to meet diverse investment needs. At the same time, it introduces a new leveraged token trading model in conjunction with traditional financial assets.