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gate Research Institute Daily: On February 25, the price of BTC fell by 3.57% to $92,258.1, while the price of Ether dropped by 8.31% to $2,492.07. Berachain TVL surpassed $3.3 billion, surpassing Arbitrum and Base to become the sixth largest chain. Rings protocol TVL exceeded $84 million, reaching a historical high. South Dakota rejected the BTC financial reserve bill. Ethereum Pectra upgrade faced obstacles in the Holesky Testnet, failing to complete final confirmation or affect Mainnet deployment. Dubai Financial Services Authority officially approved USDC and EURC stablecoins, incorporating them into the encryptionToken regulatory system.