Gate News: According to Spark Protocol data released on March 20, first quarter 2026 revenue reached $33 million USD, representing approximately 10% year-over-year growth. The protocol currently generates approximately $10 million USD in monthly revenue, with primary sources from SLL, SparkLend, and Market Curation. Comprehensive financial statements will be released shortly.
Gate News Report: On March 20, Federal Reserve Governor Waller stated on March 20 that if oil prices remain elevated for several months, it will eventually be transmitted to core inflation (inflation indicator excluding food and energy prices). Currently maintaining caution does not mean remaining inactive for the rest of the year. Waller stated that he does not believe it is necessary to consider rate hikes. If employment weakens, he will again advocate for rate cuts later this year, and hopes to observe developments before making a decision.
Ripple and its co-founder Chris Larsen each donated $5 million to Golden State Promise to oppose California's 2026 billionaire tax bill, which requires billionaires to pay a one-time wealth tax and has prompted multiple billionaires to leave California.
AlphaTON Capital announces acquisition of up to 11 million USD for 60% controlling stake in gaming platform GAMEE, taking over its daily operations, and will establish a strategic alliance with Animoca Brands, with the agreement prohibiting the latter from acquiring a controlling stake within two years.
Polymarket data shows that the probability of Ethereum breaking through $2,400 in March has dropped to 31%, with trading volume of $13.8 million. The probability of breaking through $2,600 is 12%, while the probabilities of falling below $1,800 and $1,600 are 13% and 6% respectively. Compared to the 70% expectation on March 16th, market confidence has significantly declined.
