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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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CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
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📅 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 - 💙 Gate Square #Gate Blue Challenge# 💙
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📅 Event Period
August 11 – 20, 2025
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1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
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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📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Ethereum's transition to POS is two years old, with a 44% underperformance compared to BTC during the same period.
BlockBeats reported that on September 6th, according to the analysis report from CryptoQuant, since transitioning to Proof of Stake, Ethereum has underperformed Bitcoin by 44%. Analysts indicate that due to reduced network activity and increased supply, Ethereum may further fall. Next week marks the two-year anniversary of Ethereum's transition to the Proof of Stake network. Despite the approval of the Ethereum Spot ETF in the United States on July 23, Ethereum's performance continues to lag behind Bitcoin. The ETH/BTC Exchange Rate is currently at 0.0425, the lowest level since April 2021. Julio Moreno, research director at CryptoQuant, stated, 'Since the merge, Ethereum's performance has also lagged behind altcoins such as Solana and BNB, falling behind by 53% and 18% respectively.' CryptoQuant analysts added that Ethereum is still above the undervalued zone. Calculated using BTC as the Exchange Rate, it is estimated that Ethereum needs to fall to around 0.02, a 50% decrease, to enter the undervalued zone. The analysts also emphasized the unfavorable supply dynamics for Ethereum's price: 'Since early April, shortly after the most recent Dencun upgrade, Ethereum's total supply has been continuously rising. The current total supply is 120,323, the highest level since May 2023.'