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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
Nano’s (XNO) Price Breakout Signals 750% Surge With Target Set At $10.66
XNO has set a price target of $10.66 after a major breakout.
The surge in volume signals increased market momentum and potential for a rally.
A 750% potential increase makes Nano one of the most bullish cryptos in the market.
Nano has experienced a considerable price breakout, accompanied by a surge in trading volume. This event has led to growing speculation that the digital asset could be in the early stages of a substantial upward movement
Price Breakout Sparks Investor Interest
According to a recent analysis prepared by Javon Marks, The breakout has set a Nano price target of $10.663, indicating a potential increase of more than 750%. The breakout in XNO’s price is a key indicator of the cryptocurrency’s potential for a major price surge
Source: Javon Marks(X)
When market momentum shows strong signs through increased volume then Nano's recent breakout may suggest future sustained growth. This ensures XNO will reach a new price target at $10.663 that shows an exciting expansion from current market values. The 750% gain in price would establish XNO as one of the stand-out market performers which attracts both long-term investors and short-term traders.
Volume Surge Could Signal More to Come
One of the most significant factors driving the current price movement in XNO is the surge in trading volume. Volume spikes often precede large price movements, as they suggest a shift in market sentiment
The current increase in volume combined with the recent breakout positions XNO for potentially higher levels in the near term. Investors will be watching to see if this volume can be sustained, which would further support the possibility of a significant rally.
While the breakout and volume surge has captured attention, the future of XNO will depend on how the market continues to respond. The $10.663 target serves as a key point for potential price action, and crossing this level could confirm the start of a more sustained run.