📢 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
Ethereum has recently attracted widespread attention in the investment community, with its performance being noteworthy. Mike Novogratz, the CEO of Galaxy Digital, looks to the future and believes that Ethereum may surpass Bitcoin's performance in the next three to six months.
As institutional investors' interest in Ethereum grows, there are some positive signs emerging in the market. The launch of Exchange-Traded Funds (ETFs) and the increase in corporate purchases of government bonds both reflect a strengthening confidence in Ethereum among institutions, which could further drive up its price.
Currently, the trading price of Ethereum has approached $3,848, up from the previous high of $3,730. It is worth noting that some companies have started to invest heavily in Ethereum. For example, BitmineImmersion and SharpLinkGaming have invested $2 billion and $1.3 billion respectively, which shows a strong influx of institutional funds.
Another striking phenomenon is that the inflow of funds into Ethereum ETFs has reached a historic high, with over $726 million flowing in a single day. This data clearly indicates that the demand for Ethereum is sharply rising, whether among retail or institutional investors.
Despite the strong momentum of Ethereum's development, Bitcoin still maintains its dominant position in the market. Recently, Bitcoin broke through the historical high of $122,838. This situation reflects the diversified nature of the cryptocurrency market, with Bitcoin seen as a means of value storage, while Ethereum is regarded as a platform for driving innovation and practicality.
Looking ahead, the industry generally expects Ethereum to soon break through the $4,000 mark and potentially create new historical highs. However, investors should remain cautious and closely follow market trends, as the volatility in the cryptocurrency market has been quite high.
Overall, the mutual prosperity of Ethereum and Bitcoin reflects the booming development of the cryptocurrency market. As more institutional investors enter this field, we may see more innovation and development, which will further promote the progress of the entire industry.