📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Chain Layer-2 project Testnet volume exceeds 16 million, native Token reaches a new high
This year, a well-known blockchain group plans to launch an Layer-2 solution based on Ethereum. The project, named Chain, aims to achieve seamless connectivity between the traditional finance and digital finance worlds by enhancing scalability, building a sustainable ecosystem, and developing Decentralized Finance (DeFi).
The project's testnet has performed exceptionally well since its public launch. As of November 29, the testnet has generated over 4.836 million blocks, processed 16.58 million transactions, and attracted over 810,000 active wallet addresses. Notably, the Gas fees have dropped to as low as 0.4 Gwei, with a single-day transaction volume peaking at 1.33 million. These figures fully demonstrate the project's technical strength in terms of blockchain security, scalability, and functionality.
As the core driving force of this emerging blockchain ecosystem, its native token is designed to be an asset that can withstand the test of market cycles, emphasizing long-term value and stability. According to reliable data platforms, the price of the token has exceeded $1.5 today, setting a new historical high.
This innovative blockchain project is expected to contribute to the construction of a globally leading Web3 ecosystem in the future, serving not only the Asian market but also supporting the needs of the next generation of Web3 users worldwide. As the project continues to develop, we can look forward to seeing more news about its technological breakthroughs and ecosystem expansion.