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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 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.
🎁 4 winners split $100 Futures Voucher! - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
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Ether broke through 4000 dollars, the crypto market continues to pump.
Crypto Assets Weekly Report: Ether Breaks the $4000 Barrier
This week, the Crypto Assets market continues to maintain a strong upward momentum, with Ether breaking the $4000 mark, reaching a new high in over two years. Let's review the important events and market trends from this week.
Market Overview
Last week, the Layer 2 ecosystem showed overall positive growth, with Starknet being the most outstanding performer, increasing by 19.64%. In the LSD sector, both the deposit and total withdrawal amounts for Ether increased, with stETH's market share growing by 13.01%, which was the most remarkable. The RWA sector's total market value increased by 20.27%, and the 24-hour trading volume rose by 9.37%.
Important Events
Ether has broken through the $4000 mark, reaching a new high in over two years. This breakthrough is mainly driven by expectations for the approval of the U.S. spot ETH ETF. Analysts believe the probability of the ETH ETF approval is between 50%-60%, stating that it "will happen sooner or later."
Protocol Focus: NetMind
NetMind is a decentralized AI computing platform aimed at utilizing idle GPU resources from global users to provide distributed computing power for AI model training and inference. Its native token $NMT has increased by 107.9% in the last 7 days, with a current market capitalization of $4.3 billion. NetMind is actively expanding its ecosystem, including enhancing Ether network liquidity and launching cross-chain transfer functions.
Investment Dynamics
Industry Update
Outlook for Next Week
In the coming week, the market will focus on important economic data and events such as the German Consumer Price Index, the U.S. Core Consumer Price Index, and the 10-year Treasury auction. The crypto assets market is expected to maintain its strength, but potential correction risks should also be taken into account.