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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
Origin Protocol (OGN) Breaks Key Resistance: Traders Eye $2.6334 Target With 1,650% Potential
OGN broke a long-term downward trendline, supported by record-breaking trading volume.
The breakout target is $2.6334, representing a potential 1,650% increase from current price levels.
Sustained market activity is critical for OGN to maintain and reach its breakout target.
Origin Protocol (OGN) has recently seen record-breaking positive trading volume with the asset also breaking a resisting trend, with prices holding above the breakout level. This development could provide the foundation for a potential upward price movement. Analysts are focusing on a breakout target of $2.6334, which represents a climb of over 1,650%.
Record Trading Volume and Technical Breakout Holds Key Levels
According to a chart by Javon Marks, OGN’s price breaks from a downward trendline after a prolonged decline. Record-breaking trading volume supports the breakout, with a significant increase visible
Source: Javon Marks(X)
The target price of $2.6334 is marked, indicating a potential rally. Current price levels remain above the broken resistance, sustaining momentum for upward movement. The volume increase signals heightened market activity and interest, often viewed as a key factor for supporting price movement.
The price breakout for OGN comes as the cryptocurrency sustains levels above previously resistant trends. Holding this position is seen as critical for maintaining upward momentum
Traders and market participants have identified $2.6334 as a potential breakout target. Reaching this target would mark a remarkable increase of over 1,650% from its current levels, underscoring the potential scale of this movement.
OGN Early Stages of a Potential Rally
With prices stabilizing above the broken trendline, OGN may be in the early stages of a broader rally. The recent activity reflects increasing confidence among traders, as the positive volume and breakout confirmation suggest a shift in market dynamics
Observers note that maintaining this momentum will depend on sustained trading interest and broader market conditions. The focus remains on OGN’s ability to build upon its breakout and approach the target of $2.6334.
The post Origin Protocol (OGN) Breaks Key Resistance: Traders Eye $2.6334 Target with 1,650% Potential appeared first on Crypto News Land.