#Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
Gate Research Institute: Movement Network Opens MOVE Token Application | US SEC Discusses Security Tokenization with Nasdaq
Crypto Market Overview
BTC (-0.87% | Current Price 108,503 USDT)
ETH (-1.38% | Current price 2,530 USDT)
Altcoins: Altcoins experienced a collective pullback after yesterday's broad market rally, with the Altcoin Season Index dropping from 27 to 25.
Macro:
Popular Tokens on Juejin
QNT * Quant (+ 11.04%, circulating market cap 1.508 billion USD)*
According to Gate market data, the current price of the QNT token is 105.49 USD, with a 24-hour increase of 11.04%.
Quant Network is a technology provider capable of enabling trusted digital interactions, helping to create a secure digital future for businesses, regulatory agencies, governments, and individuals. Quant Network is recognized for addressing interoperability by creating the global blockchain operating system overladger and is currently in a leading position for enterprise innovation and blockchain adoption.
On the news front, this week, commercial banks and payment companies in Europe will gather in Paris to discuss the latest trends in the next generation of banking, making Quant Network, which is dedicated to cross-border payments and enterprise-level blockchain solutions, a focal point. Recently, the QNT token has shown strong upward momentum, breaking through the resistance level of 101 dollars. In terms of technical patterns, QNT is forming a bullish rounded bottom pattern and remains within an upward channel, which may continue to attract speculative follow-up funds to enter the market.
JUP Jupiter (+ 6.39%, circulating market cap 5.941 billion USD)
According to Gate.io market data, the current price of the JUP token is $0.5949, with a 24-hour increase of 6.39%.
Jupiter is a leading decentralized finance application on the Solana blockchain, recognized as the core liquidity infrastructure of the Solana ecosystem. As a decentralized exchange aggregator, Jupiter provides efficient and low-cost token swap services for users by integrating multiple sources of liquidity within the Solana network, driving over 80% of the total retail liquidity in the Solana ecosystem. It seamlessly integrates with most protocols within the Solana network, becoming a key bridge connecting DeFi projects, developers, and users.
Yesterday, the HUMA token performed strongly after its launch, with the highest intraday gain of more than 500%. Previously, the alliance proposal between Huma Finance and Jupiter has been approved with a high support rate of 86%, and the two parties will carry out in-depth collaboration on DeFi credit networks and liquidity cooperation. The popularity of HUMA's listing not only aroused the market's attention to the prospect of its protocol, but also led to a resurgence of attention to the Jupiter ecosystem. As the presale is open to JUP stakers, the market expects that this cooperation will enhance JUP's application scenarios and token value capture capabilities, driving a short-term upside in JUP. The current JUP has short-term resistance at $0.62 and support at $0.56.
CAKE Pancake Swap (+ 7.06%, circulating market cap 1.121 billion USD)
According to Gate.io market data, the current price of the Cake token is 2.5554 USD, with a 24-hour increase of 7.65%.
Recently, the price of the CAKE token has entered a significant upward channel, mainly due to the renewed activity of the DEX sector, which has led to optimism in the CAKE community. In this round of DEX-led market, the CAKE token has performed well, which is also due to its solid fundamentals. CAKE benefited from the trading advantages on the BSC chain and the market enthusiasm for the recent Memecoin, and the weekly trading volume of PancakeSwap increased by 58.04% last week, which directly reflects the increase in its activity. In addition, the current price is at a medium-term pressure level, and we can pay attention to whether the market will form a breakthrough in the future.
Alpha Interpretation
The US SEC's encryption working group discusses security tokenization with Nasdaq and DeFi startups.
The U.S. Securities and Exchange Commission's (SEC) Crypto Working Group held a meeting with Nasdaq, Plume Network, and Etherealize last week to delve into the regulatory framework for the tokenization of public chain securities. During the meeting, all three parties proposed to set up a "regulatory sandbox" pilot, and Nasdaq proposed to create a new trading venue "ATS-Digital" to support the listing of digital assets and commodity tokens; Plume Network advocates for the adaptation of securities law provisions to DeFi, emphasizing decentralized finance mechanisms; Etherealize is calling for amendments to transfer agency rules to recognize the legitimacy of blockchain as a shareholder registry.
This meeting indicates that the SEC holds an open attitude towards the encryption industry and is actively exploring the integration path between digital assets and traditional finance. The industry generally hopes for clear asset classification standards and flexible regulatory rules to be introduced. The SEC is expected to explore new regulatory policies through this "regulatory sandbox" pilot. This move may accelerate the digitalization process of finance, effectively reduce costs, and improve efficiency. However, the inherent contradiction between decentralization and compliance remains a potential risk. If relevant policies are implemented in the future, it will undoubtedly reshape the integration pattern of encryption and traditional finance.
The mainnet phase of MoveDrop's Movement is now live, and the MOVE token is open for claims.
The Movement mainnet phase of MoveDrop is now online, and users can now claim MOVE tokens. The Move Industries Foundation announced on social media that MOVE is open for claims, allowing users to participate in the DeFi Spring reward program, Parthenon activities, NFT collections, and more Movement applications. To ensure fairness, the foundation has partnered with Chainalysis and Trusta Labs to eliminate a large number of bot addresses and redistribute the corresponding tokens to the community incentive pool.
The mainnet launch this time aims to stimulate user participation enthusiasm and further promote the growth of the Movement ecosystem through the deep integration of DeFi and NFT. The foundation's transparency and prudence in the distribution mechanism have enhanced community trust and are expected to inject long-term momentum into the ecosystem. However, for investors, it is still necessary to pay attention to the market volatility and regulatory compliance risks of the project and participate cautiously.
Sui Foundation adds $10 million for ecological security construction in response to the Cetus incident.
According to official information, in response to the losses caused to users by the recent Cetus incident, Sui officials have announced an additional investment of $10 million in ecological security-related construction. Although this vulnerability originates from the math library used by Cetus and is not directly related to the Sui protocol and the Move language, Sui officials said that it will still take a holistic approach to comprehensively improve the platform's security support for developers. The funds will be used primarily for audits, bug bounties, and formal verification, and will be executed in conjunction with the developer community to maximize the security of smart contracts. While the team emphasizes that smart contract security is at the core, it also acknowledges that code flaws are difficult to avoid completely.
The Sui Foundation's rapid response and additional investment in the Cetus incident aims to strengthen user trust and drive the solid development of the ecosystem. The move demonstrates Sui's strong commitment to the security of the platform, and through measures such as enhanced auditing and formal verification, Sui is expected to further enhance the maturity and resilience of its network, thereby consolidating its competitiveness in the blockchain space. However, investors and the community will need to continue to monitor the effectiveness of these security measures and whether the additional funding will put long-term cost pressure on the foundation. Overall, Sui's move is positive and conducive to the long-term health of its ecosystem.
Gate launchpool
Project Details
Project Introduction
Allo is building the world's first tokenized stock trading platform, committed to enabling 24/7 trading, ultra-low fees, and instant settlement, making investment opportunities accessible. Through blockchain technology, Allo has successfully tokenized $2.2 billion in real-world assets (RWA), staked $50 million worth of Bitcoin (BTC), and launched a lending service worth $100 million.
Reference materials:
[Gate Institute](https://www.gate.io/learn/category/research) is a comprehensive blockchain and encryption research platform that provides in-depth content for readers, including technical analysis, hot insights, market reviews, industry research, trend predictions, and macroeconomic policy analysis.
Disclaimer Investing in the crypto market involves high risks, and users are advised to conduct independent research and fully understand the nature of the assets and products they are purchasing before making any investment decisions. Gate does not take any responsibility for losses or damages caused by such investment decisions.