#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
$HNT gains more than 13% after confirming SEC’s Lawsuit Dismissal
$HNT, the core utility currency of the Helium ecosystem, is up more than 13% in the past 24hours, & currently trades around $2.982, with inflow of $4.42M, & trading volume of $1.52M, as per Gate.io chart.
Helium has recently confirmed that the SEC’s lawsuit alleging unregistered securities sales has been dismissed with prejudice. The case was originally Filed in January 2025, targeting the distribution of $HNT, MOBILE, & IOT tokens via Helium Hotspots. The dismissal confirms that the distributions are not securities, & the SEC cannot refile the same claims.