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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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August 11 – 20, 2025
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Trader Eugene: The encryption reserve craze is nearing its peak but is not over yet.
BlockBeats news, on August 4, trader Eugene Ng Ah Sio posted on his personal channel expressing a cautiously optimistic view on the DAT "Decentralized Asset Trusts" craze, stating that this wave is approaching its peak but is not yet over. This may be the last opportunity for altcoins to experience a large-scale bull run with the help of global capital. It is now clear that most capital either cannot or does not want to cross the chasm of the Crypto Assets space by directly purchasing tokens. The current DAT is a suboptimal (but similar) replica of the altcoin ETF. We have not yet seen a case where DAT drives a significant inflow of funds into any particular altcoin, but I believe that given the enthusiasm of TradFi for Ethereum ETH, this possibility is quite large. Theoretically, this inflow of funds should overshadow the performance of other crypto-native projects, but the market has not yet fully recognized this. Although it is believed that DAT may be nearing its peak, the biggest frenzy has yet to occur.