#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
Uniswap founder Hayden Adams: Ethereum should stick to the L2 scaling route.
ChainCatcher news, Uniswap founder Hayden Adams recently posted on the X social platform, expressing concerns about the confusion surrounding Ethereum's current scaling strategy. Adams emphasized that Ethereum has spent over 5 years developing a horizontal scaling approach based on L2 and should not waver in the final sprint. He criticized the voices of internal contradictions within the community, which on one hand claim to follow the rollup-centric roadmap, while on the other insist that important functions must remain on L1. Adams stated: I support the scaling improvements of L1, the rollup-centric roadmap actually needs these improvements, but I oppose frequent changes in strategic direction. Adams calls on the community to choose a path and work to reduce associated risks, rather than changing narratives and strategies every month. He also clearly opposes the approach of trying every method, believing it is worse than not choosing any method at all.