Base and Optimism Join Forces to Advance Decentralization: Fault Proof Mechanism Set to Launch

Gate.io Releases the 2023 Annual Report In 2023, Gate.io continued to move forward steadily, constantly exploring innovation, and achieved significant breakthroughs in many ways, obtaining brilliant results: 1. In 2023, Gate.io achieved a remarkable trading volume of $1.72 trillion, with spot trading surpassing $590 billion. The platform’s user base expanded to nearly 15 million. 2. The year saw the addition of 362 new tokens, increasing the total offering to 1,871. Notably, over 7 million users participated in complimentary airdrops on Startup, our token launch platform. 3. Gate.io was a frontrunner in the BRC20 market, introducing 31 types of Inscription tokens. These accounted for an average 33.77% share of Inscription tokens held on exchanges, with more than 74% leading in trading volume on CoinMarketCap. 4. Our Proof of Reserve (PoR) program underwent significant upgrades with the integration of zero-knowledge proof technology, resulting in a reserve fund of $4.3 billion and a 115.47% reserve ratio. 5. The launch of the Gate Web3 Wallet marked a significant step, seamlessly integrating payment solutions (Gate Pay & Gate Card) with on/off-ramp services (Gate OTC & Gate Connect). 6. The brand underwent a transformative renewal, exploring and embodying new brand values. This year also marked a significant milestone – the 10th-anniversary celebration with our global user community. ...... View the full Gate.io 2023 Annual Report to join us in reviewing the achievements and challenges of the past year, and looking ahead to the opportunities and possibilities of the future. More: https://www.gate.io/article/34400 #Gate.io 2023 Annual Report

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Developments regarding memecoin projects continue to come to the fore in the cryptocurrency market. Accordingly, a crypto investor invested in donotfomoew (MOEW), a new memecoin project launched on the Layer-2 network Base, raising $13,000 to over $2 million on April 3, a gain of 15,700%. #HotTopicDiscussion

#What impact will the Solana ETF application have? The excitement of the spot ETF application, which started with the leading crypto Bitcoin, continues with the largest altcoin Ethereum. After the Ethereum ETF applications awaiting approval from the US Securities and Exchange Commission (SEC), attention is turning to other altcoins such as Solana. So, will the Solana ETF application be approved? According to a post dated June 27, investment management company VanEck has applied to the SEC with the aim of becoming the first firm to offer a Solana ETF in the United States. However, there are some technical obstacles to the acceptance of the Solana ETF application. The SEC, which is the regulatory authority in the US, wants to monitor the futures of a financial asset on the Chicago Mercantile Exchange for a full 32 months before approving its exchange-traded fund (ETF) based on its spot price. For Bitcoin and Ethereum, this process is not a problem as it is known that both digital assets have futures trading on this exchange and can therefore receive approval. However, none of the cryptocurrencies other than BTC and ETH have a futures trading record. In other words, it seems that VanEck's Solana ETF application may need to wait for a significant period of time, such as 32 months, before it is approved. While the cryptocurrency agenda is buzzing with ETF applications, there is movement in some crypto coins following the news of SOL ETF application. Professional investors who want to be prepared for a potential SOL rally are showing interest in pre-sale events that offer the chance to invest at low prices. Following the SOL ETF application, Pepe Unchained, which broke the chains of PEPE, WienerAI, an artificial intelligence-supported investment partner project, and Base Dawgz, a multi-chain dog coin, are among the pre-sale coins experiencing fund increases. NOT INVESTMENT ADVICE. #BTC #GateioInto11 #ContentStar #ETH #HotTopicDiscussion #PEPE #SOL

👉 Memecoin market capitalization collapses📊📉 ✔️Cryptocurrencies inspired by internet memes, memecoins are currently experiencing a delicate period on the market. These assets have seen a significant decline over the past 24 hours. A performance that some crypto analysts attribute to recent bitcoin price movements. ✔️The market capitalization of memecoins saw a dramatic decline, with notable drops of 12% and 19% for tokens on the Solana and Base networks, respectively. On the Solana network, the leading memecoin, Dogwifhat, saw its value drop 9% in one day, resulting in a loss of $3.9 billion. ✔️Despite this decline, Dogwifhat maintains a significant share of the memecoin market on Solana, with $484 million in open stakes spread across eight crypto exchanges. More than $2.7 million in leveraged positions were liquidated in 24 hours, reflecting market volatility. #Gate Post Highlights #NewYear2024 #ContentStar #比特币 #BountyCreator #HotTopicDiscussion #GateioBountyCreator #Crypto #MemeCoinsSeason