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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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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
Shiba Inu's Shibarium Skyrockets 7,154% as Adoption Hits New Highs
Shiba Inu's layer 2 platform, Shibarium, has seen a 7,154% surge, gaining market attention. Shibarium daily transactions increased by 7,154% in just five days, from 63,820 on June 4 to 4.63 million on June 9.
Shibarium transactions flatlined in late May to early June, as profit-taking and macroeconomic uncertainty triggered declines on the market, causing investor optimism to wane.
The recent surge in daily transactions suggests a comeback, which is reflected in other Shibarium measures.
According to the most recent count, the Shibarium network has processed 1,221,075,772 transactions. Total blocks have surpassed 11 million, with the most recent count of 11,441,907. Total addresses now stand at 264,429,239.
Shiba Inu adoption hits new highs
The Shiba Inu ecosystem is gaining traction, with SHIB holders hitting a new all-time high.
This growth was spotlighted by Lucie, a Shiba Inu team member who noted in a recent tweet that 1,511,101 wallets now hold SHIB, accounting for 0.011% of the global population.
Shiba Inu has recently welcomed a new upgrade with the newly released SHIB DeFi toolkit, an upgrade to the engine that powers how users earn, trade and burn within the Shiba Inu ecosystem.
At press time, SHIB was up 3.22% in the last 24 hours to $0.000013, enjoying positive market momentum as Bitcoin price rose past $110,000 for the first time in two weeks.
Shiba Inu's trading volume has skyrocketed 90%, indicating increasing trading interest as fresh optimism returns to the cryptocurrency market.