Market Report: Top 5 Cryptocurrency Declines on February 10, 2026, with Midnight experiencing the largest drop

Berachain funding rate out of control triggers short squeeze, BERA surges 82% in one day

February 12 News, in 2026, Berachain (BERA) experienced an extreme imbalance in funding rates in the perpetual contract market, triggering a massive short squeeze. The price surged 82% within 24 hours. As of press time, BERA is trading at $0.937, with intraday fluctuations between $0.5117 and $1.43. The price briefly soared over 150% before quickly pulling back. This volatility also drove its 7-day increase to 120%, with a total rise of about 70% over the past 30 days. Trading volume also surged. The spot 24-hour trading volume reached $1.05 billion, a 465% increase. Derivatives trading was even more intense, with futures volume skyrocketing 632% to $2.94 billion, and open interest growing 102% to $142.8 million, indicating the market is undergoing concentrated position adjustments and liquidations rather than just spot chasing.

Hedera On-Chain Data "Cooling" Alert Triggered: HBAR May Drop Another 20%, $0.073 Becomes a Critical Support Level

February 12 News, in 2026, Hedera (HBAR) is facing a new round of downward pressure. Affected by weakening on-chain indicators and the overall sluggishness of the crypto market, its price has been continuously declining since early January. Data shows that HBAR has recently fallen about 5.66%, with a year-to-date decline of over 30%. As one of the top market capitalization digital assets, its retracement since the peak in July last year has approached 70%, and the long-term trend remains under pressure. The on-chain fundamentals also signal caution. According to DeFiLlama data, the total value locked (TVL) on the Hedera network has dropped from $146 million in July last year to approximately $57.2 million, a significant decrease. Meanwhile, the weekly revenue of dApps within the network has declined nearly 70% from the mid-October high last year. The simultaneous cooling of developer activity and user engagement has weakened the ecosystem’s attractiveness to funds and has also dampened market confidence.

ASTER (Aster) 24-hour increase of 9.55%

Gate News Bot Message, February 12th, According to CoinMarketCap data, as of press time, ASTER (Aster) is currently priced at $0.70, up 9.55% in the past 24 hours, with a high of $0.72 and a low of $0.42. The 24-hour trading volume reached $279 million. The current market capitalization is approximately $1.734 billion, an increase of $151 million from yesterday. Aster is a next-generation decentralized perpetual contract trading platform that offers all traders a non-custodial trading experience. The platform supports cross-chain trading without the need for bridge switching, allowing users to select the chain and place orders directly. Aster provides deep liquidity support, aggregating rich liquidity across markets to support large trades. The platform features advanced tools such as hidden orders, giving traders greater control and a competitive edge. Additionally, ASTE

ZK (ZKsync) increased by 7.23% in the past 24 hours

Gate News Bot Message, February 12th, according to CoinMarketCap data, ZK (ZKsync) is currently trading at $0.02, up 7.23% in the past 24 hours, reaching a high of $0.02 and a low of $0.02. The 24-hour trading volume is $37.6 million. The current market capitalization is approximately $198 million, an increase of $13.3 million from yesterday. ZKsync is a blockchain network protected by cryptography rather than validators. Its cutting-edge ZK innovations support the privacy, performance, and connectivity needed for enterprises to thrive in the digital asset economy. ZKsync offers several core products and solutions: ZK Stack is an open-source framework for building customizable enterprise-grade ZK blockchains that can scale globally, enable native interoperability, and inherit the security of the underlying protocol.

Solana's on-chain activity is fully leading; can SOL hold the crucial $80 level and rebound?

February 12 News, Solana (SOL) has once again become the focus of attention in the cryptocurrency market. According to the latest data from Artemis, Solana continues to lead mainstream public chains in key metrics such as active users, number of transactions, transaction fee revenue, developer growth, and on-chain transaction volume, while maintaining stable operation for over 24 months. This combination of high performance and reliability has led Artemis's Zheng Jie Lim to describe it as an "Internet capital market," vividly summarizing its scale and efficiency advantages. In addition to on-chain performance, Solana has also achieved significant progress at the infrastructure level. Alibaba recently showcased a high-performance Solana RPC and completed integration with Alibaba Cloud, aiming to significantly reduce network latency. Supported by ZAN technology, Solana is expected to offer millisecond-level speed advantages for high-frequency on-chain transactions, which is of great importance for institutional applications and complex financial scenarios, further solidifying its market position as a "performance-first blockchain."

$6 billion worth of tokenized assets experiencing explosive growth, with digital gold becoming the "new safe haven" in the crypto market?

February 12 News, as the digital asset ecosystem continues to extend into real-world assets, the tokenized commodities sector is experiencing rapid growth in 2026. The latest data shows that the total market capitalization in this field has surpassed $6 billion, setting a new record, with gold-backed tokens becoming the main driving force behind the growth. An increasing amount of capital is being allocated to precious metals through blockchain formats, providing the market with new risk hedging options. Currently, Tether's issued XAUT and Paxos's PAXG dominate most of the tokenized gold market share. XAUT's market cap has risen to approximately $3.6 billion, with a growth of over 50% in the past 30 days and nearly 200% over six months; PAXG's market cap is about $2.3 billion, with a growth of over 60% in the past three months and over 140% in six months. Together, they almost dominate the entire tokenized commodities track. In comparison, smaller products like PGOLD and XAUM are expanding but still significantly behind in scale.