#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
XAI Rallied With Key Breakout — Will SAGA Follow a Similar Bullish Path?
Date: Mon, May 12, 2025 | 06:10 AM GMT The cryptocurrency market continues to build on its recent strength, with Bitcoin (BTC) and Ethereum (ETH) leading the charge. BTC has crossed the $104K mark, while ETH has soared by 59% in the past 30 days. This bullish wave is spilling into altcoins too, including Xai (XAI), which managed to record impressive gains of 127% following a key breakout. Meanwhile, Saga (SAGA) also kicked off a rally with 92% gains and is showing signs of following a similar bullish path.
Source: Coinmarketcap XAI and SAGA Fractal Analysis In the daily chart (left side), $XAI broke out from a classic cup and handle formation — a well-known bullish reversal pattern. This breakout pushed the token from around $0.06 to a high of $0.10, marking a 60% gain post-breakout and a total surge of over 134%. Now, XAI is testing a crucial resistance zone near $0.11, marked in orange, which could determine its next move. If it successfully flips this zone into support, another leg up could follow.
XAI and SAGA Tokens Chart/Coinsprobe (Source: Tradingview) On the right side, $SAGA is painting an almost identical setup. It also formed a cup and handle structure and has just confirmed its breakout with strong bullish candles. Currently trading around $0.43, SAGA is still over 60% below its key resistance zone near $0.70–$0.75. However, if it continues to mirror XAI’s path, this could just be the beginning of a much larger move. What’s Next? If the broader market remains bullish and buying pressure continues, SAGA could follow XAI’s lead and surge towards the $0.70+ resistance area — which would represent a potential 60%+ upside from current levels. Momentum traders and pattern watchers may be keeping a close eye on this fractal similarity. However, both tokens are approaching or heading toward major resistance zones, which may trigger profit-taking or temporary rejections. It's crucial to monitor volume and breakout confirmations before entering trades. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.