Gate Research: BTC Maintains Strong Consolidation, Base and JPMD Advance Onchain Payment Adoption

Gate Research: On May 11, BTC held firmly above $81,000 and continued consolidating within a strong structure, while ETH followed with a recovery rebound as overall market risk appetite continued to improve. TROLL, OSMO, and NAVX led gains across the Meme, cross-chain DeFi, and Sui lending sectors, respectively. On the industry side, Base launched Base App, Base Pay, and Flashblocks, while the JPMD deposit token began testing on Base, highlighting how onchain payments, institutional settlement, and digital financial infrastructure are increasingly becoming core competitive areas within the crypto industry.