#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
TrendForce: The revenue of the top five NAND Flash brands is expected to reach 12.02 billion USD in the first quarter of 2025.
Jin10 data reported on May 29, according to TrendForce's latest research, in the face of inventory pressure and declining end customer demand, NAND Flash suppliers will see an average selling price (ASP) decrease by 15% in the first quarter of 2025, with shipments down by 7%. Even though some product prices may rebound towards the end of the quarter, boosting demand, the total revenue of the top five NAND Flash brands is expected to be $12.02 billion, a nearly 24% quarterly decline.