New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
#ETH
Ethereum is an open-source, decentralized blockchain platform. Its native cryptocurrency, Ether (ETH), is used to pay transaction fees. It can run smart contracts, power dApps, and enable the creation of tokens like ERC-20 or even NFTs. In short, anything of value can be built and executed on Ethereum.
Launched from a whitepaper by Vitalik Buterin in 2013, Ethereum transitioned to the Proof-of-Stake model in 2022 with “The Merge,” reducing its energy consumption by over 99%.
The network operates like a global “single computer”: the state of every address is constantly updated. Once written to the blockchain, code cannot be deleted or altered—transparency and security are inherent.
Why is ETH Valuable?
Unlimited potential use cases: From DeFi to NFTs, smart contracts to stablecoins and tokenization projects, Ethereum powers them all.
Token burning & supply management: Since The Merge, ETH burned from transaction fees has increased, potentially reducing supply and creating upward price pressure.
Institutional adoption surge: By 2025, corporate ETH holdings have grown significantly. Institutions earn 3–4% yield through staking, and some companies back a large part of their balance sheets with ETH.
ETH is currently at $4,309—but this may not be the end, it could be the beginning.
Institutions are buying billions of dollars’ worth, staking rewards remain attractive, and the burn mechanism keeps reducing supply.
Ethereum isn’t just a cryptocurrency; it’s the backbone of the new internet—from DeFi to NFTs, gaming to AI.
So, what’s next?
If demand keeps this pace, the next major resistance at $5,000 could become more than just a number—it could be the next stop.
With ETFs, institutional inflows, and continuous network upgrades, many analysts see a path toward $6,000 first, then $10,000.
Key Facts:
Circulating supply: ~120.7M ETH
Institutional holdings: At record highs
Token burn with every transaction: Supply decreases every day
#Altcoins Rally #ETH Whales Accumulate