I just looked at Animoca Brands Research's 2025 report and found that Gate has several impressive performances.

To briefly introduce Animoca's background, it is a major institutional player in Web3.
They not only invest in projects but also conduct industry research, and many track sectors have been pre-emptively backed by them.
Therefore, their reports are somewhat industry-oriented rather than just platform self-praise.
What caught my attention about Gate's performance this time is not just how many tokens they listed, but whether projects continue to grow after listing.
The report mentions that the average FDV of projects listed on Gate has increased by 134% year-over-year, ranking first in the industry.
Gate is not just listing tokens; they also create traffic entry points for projects, allowing them to continue gaining market visibility after launch.
Another aspect worth paying attention to is RWA (Real World Assets).
For example, tokenized gold like $XAUT and others have already achieved the top trading volume in the industry on Gate.
This indicates that on-chain gold is no longer just a concept; people are actually trading it.
Similarly, on-chain stock (tokenized stocks) trading volume is also number one.
These assets are beginning to be treated as tradable assets rather than experimental products.
In simple terms, in the past, when people talked about RWA, it was mostly about the future.
But now, traditional assets like gold and stocks are gradually becoming assets that can be entered, exited, and traded on the chain.
Gate has always been open to various new assets, and many early-stage projects are given trading scenarios first.
So when RWA slowly shifts from a concept to actual trading, users naturally stay where they can trade these assets.
This time, Gate's success wasn't sudden; they've been there all along, so they caught the trend naturally.
Looking forward to even better performance from Gate!