Gate Research Institute: Crypto market rebounds in April, with RWA and on chain fund flow as the focus Odaily Planet Daily News: Gate Research Institute recently released a report titled "Review of the Cryptocurrency Market in April 2026", which pointed out that the overall cryptocurrency market showed a volatile upward trend in April, with a significant increase in total market value compared to March. The trading volume of BTC and ETH ETFs remained high overall. The report shows that the ecological activity of major public chains continues to diverge. Solana's daily trading volume remains in the range of approximately 90 million to 110 million transactions, maintaining its leading position. In terms of hot tracks, the report points out that Pok é mon TCG RWA has become one of the fastest-growing sub sectors of RWA on the chain, and entered a second explosive phase in April. The main trading platform's monthly trading volume exceeded 220 million US dollars, and its weekly revenue once approached 6 million US dollars, setting a new historical high. At the same time, Aave experienced the most severe liquidity shock in its history in April, with TVL outflows reaching tens of billions of dollars within a few days and a net outflow of over 9 billion dollars for the entire month. In terms of financing and security incidents, the Web3 industry completed a total of 51 financing transactions in April, with a total amount of approximately $834 million, further concentrating funds towards the top financial and infrastructure tracks. Among them, Payward ranked first in a single month with a financing of $200 million. On the security front, the Web3 security incident in April resulted in a loss of approximately $306 million, an increase of approximately 858% compared to the previous month, mainly driven by a single cross chain infrastructure attack on Kelp DAO worth approximately $293 million. The report suggests that in the context of market recovery, on chain activity and liquidity have increased synchronously, but the security risks of cross chain infrastructure and high leverage agreements still deserve continued attention.