#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
The 5 Bullish Cases That Says Ethereum Price Could Reach $10,000 In 2025 | Bitcoinist.com
Crypto Analyst Puts Ethereum Price At $10,000
Amid the prevalent bearish sentiment surrounding the Ethereum price, crypto analyst Ash Crypto has remained steadfast in their belief that the altcoin is still destined for great things. Taking to the X (formerly Twitter) platform, the analyst gave a bold $10,000 prediction, backing it up with reasons why he believes that this target is attainable for Ethereum in the year 2025.
Related Reading: Ethereum Whale Snaps Up $127 Million In ETH Amid Market CrashA number of reasons were given for why the crypto analyst expects the Ethereum price to rise 4x from its current level, and adoption was at the top of the list. Ash Crypto first points out the notable institutional buying that has been going on and how this is a precursor of what could be coming.
Mainly, the majority of the buying has been happening through ETF issues such as BlackRock, with large buys occurring over the last few weeks. During the time of the post, the analyst noted that these institutions had scooped up $240 million in ETH in just minutes, showing the buying trend was escalating.
Furthermore, he pointed out that these institutions were not just buying Ethereum for the sake of it. But rather, they were making large bets on the altcoin’s future. The major bet is the fact that they expect the Securities and Exchange Commission to actually approve ETH staking for ETF issuers, and if this happens, it has major implications for the price.
Giving a list of things that would happen when the SEC approves ETH staking for ETF issuers, the crypto analyst points to the fact that they would be able to earn yield on their investments. This would also make Ethereum the biggest technology in crypto, as staking brings more adoption.
Related Reading: Analyst Drops Bearish Bombshell: Bitcoin To $93,500, Ethereum To $2,100, XRP To $1.6Next on the list is the fact that this would allow trillions of dollars in real-world assets (RWAs) to be moved on-chain to Ethereum, thus boosting usage and adoption. Then, with the Ethereum deflationary supply being driven by the fee burn mechanism, supply is expected to shrink, and as demand rises, the value of ETH does as well.
Last but not least would be the fact that staking approval would allow institutions to earn passive income from staking ETH. This means that in addition to the returns they expect to get as the Ethereum price rises, they would also be getting extra income from staking the coins and keeping them locked up. “Smart money moves before the retail,” the analyst stated.