📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Ethereum's recent performance has been remarkable, attracting the attention of global investors and even setting a new high for the year. This strong rise in the market has stirred excitement, with major institutions rushing to get on board.
According to the latest disclosed information, a well-known platform's Ethereum holdings have surpassed 1.2 million coins, an increase of 370,000 coins in just one week compared to last week's 830,000 coins. This astonishing accumulation speed undoubtedly demonstrates institutional investors' strong confidence in the future development of Ethereum.
Meanwhile, other sectors of the cryptocurrency market are not to be outdone. Bitcoin's market capitalization has surpassed Amazon, further solidifying its position as the king of digital assets. Meanwhile, Ethereum has broken through the $4300 mark, once again refreshing investors' perceptions of its potential.
It is worth noting that Trump has recently expressed his views on cryptocurrency policy, which could have a profound impact on the entire industry. Meanwhile, the upcoming CPI data has also generated high expectations in the market and may become an important factor influencing the short-term market.
In this bull market, in addition to mainstream cryptocurrencies, some emerging tokens like SUI, BONK, and PEPE have also attracted the attention of many investors. However, investors need to remember that in this opportunity-filled market, rationality and caution are equally important.
Overall, the current cryptocurrency market is showing a thriving scene, but investors must remain vigilant and manage risks while enjoying the market dividends. After all, in this rapidly changing market, opportunities and challenges coexist.