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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
The Eve of the PROVE Ecosystem Explosion: Three Truths Seen from On-Chain Data
Truth 1: The capital logic behind the 47% surge in TVL
In the past 7 days, the TVL of the PROVE staking pool increased from 150 million to 220 million USD (data: ProveScan). The surge occurred right after the E5 upgrade on August 11— the new Succinct protocol reduced node verification costs to $0.03 per instance (compared to $1.2 for Polygon zkEVM). Capital is voting with real money: while traditional ZK projects are still caught up in technical PPTs, PROVE has already lowered verification costs below AWS server fees.
Truth Two: The "Smart Money Trap" in the Contract Market
View PROVE contract data:
- Open interest doubled in August ($80M→$160M)
- **But the short exposure above 0.82 reveals clues**: When retail investors follow the trend to short (with 61% of short positions last week), market makers continued to place tens of thousands of buy orders at $3.2 (which can be checked on the Gate order book). This morning, PROVE suddenly surged to $3.5, triggering $2 million in short liquidations — **this is clearly a short squeeze driven by leverage**.
Truth Three: CandyDrop is draining liquidity.
The event has been online for 12 hours, and the locked amount of PROVE CandyDrop has surged by 180,000 pieces. According to the rules:
1. Stake ≥ 500 PROVE to enter the lottery
2. The winning rate is positively correlated with the staking amount
Causing an on-chain "layered effect:"
- Whales (holding over 100,000 tokens) account for 67% of the staking.
- Retail investors are unable to secure quotas and turn to contracts (increasing volatility)
*My strategy: This morning I grabbed 500 PROVE at $3.35 and staked them all, betting on high APY + CandyDrop double returns*
Risk Warning
- Short-term selling pressure point: $3.8 (last year's ICO cost zone)
- On-chain whale "0x7d3" transferred 420,000 tokens to B yesterday, be cautious of a dump.
- Technically, the 4-hour RSI is overbought (78.6), looking for a pullback support at $3.15
Final advice
The value anchor of PROVE lies in its real adoption rate - pay attention to the progress of the Succinct protocol's integration into the Cosmos ecosystem in September. If the implementation goes smoothly, $5 is expected; if delayed, $2.8 is the solid bottom.
#PROVE创作大赛#