📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
On August 8, 2025, the price of Ethereum (ETH) broke through the $4000 mark, reaching a new high since December 2024, injecting new bull run momentum into the Crypto Assets market.
There are multiple factors driving this round of price increase. First of all, the enthusiasm of institutional investors has become the main force behind the price rise. Since June of this year, various public and corporate funds have cumulatively purchased nearly 2 million ETH, with well-known institutions such as BitMine Immersion and SharpLink Gaming being particularly active.
In addition, there has been a large-scale liquidation phenomenon in the market, which has further intensified price volatility. The changes in open interest also reflect that traders' views on the future trend of ETH are shifting.
Analysts point out that the continuous development and improvement of the Ethereum ecosystem is also an important factor supporting the price increase. With network upgrades and the constant emergence of new applications, the utility and appeal of Ethereum are continuously enhancing.
However, market participants still need to remain cautious. Although the current momentum is strong, the high volatility of the Crypto Assets market still exists. The uncertainty of the regulatory environment and macroeconomic factors may affect future trends.
Overall, Ethereum breaking the $4000 mark signifies that the Crypto Assets market may be entering a new uptrend. However, while investors chase potential gains, they should also fully recognize the associated risks and ensure proper asset allocation and risk management.