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- 🚀 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.
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📅 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 - 💙 Gate Square #Gate Blue Challenge# 💙
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📅 Event Period
August 11 – 20, 2025
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Institutional capital inflows and favourable information are driving Ethereum, target price $4362.
According to news from Hash World, Matrixport analysis points out that the price of Ethereum has surpassed $4000, setting a new high since the end of 2021. The current upward trend is mainly driven by institutional buying and a wave of short liquidations. The on-chain daily transaction volume exceeds 1.8 million, and over 30% of the supply has been staked. In addition, the SEC has ruled that liquid staking tokens do not fall under securities, bringing significant regulatory favourable information to the industry and further boosting market confidence. Some listed companies are accelerating their layouts, with their holdings of Ethereum exceeding $3.5 billion, which is nearly ten times the amount compared to last year. The next target for the market may be $4362, while the historical high of $4892 remains the ultimate milestone.
$ETH #Cryptocurrency # Blockchain #SEC # Matrixport #Ethereum