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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!
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Just shy of the $4,891 ATH—think it breaks through?
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
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August 11 – 20, 2025
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1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
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4. Submissions must be original and comply with community guidelines. Plagiarism or re
Bitcoin migration to Ethereum DeFi boom triggers BTC ecosystem transformation
Bitcoin: From Myth to Reality
Four months have passed since the third Bitcoin halving, and market attention has gradually shifted from the halving effect to the DeFi boom. Although most large holders remain cautious, the migration of Bitcoin to the Ethereum network has become an undeniable fact. Data shows that the number of Bitcoins transferred to Ethereum has reached 45%, reflecting an increasing pursuit of DeFi yields among holders.
In the current cryptocurrency landscape, EOS is gradually fading from mainstream view, while Tron is accelerating its development with the help of the SUN project, attempting to compete with Ethereum. Although Ethereum's 2.0 version has not yet been released, its DeFi ecosystem has attracted a significant amount of capital. In contrast, the voice of Bitcoin seems to have weakened, but its leading position remains difficult to shake.
In the crypto space, victory often belongs to projects that can bring maximum returns to investors. Recently, Ethereum has garnered attention due to the DeFi craze, while Bitcoin has lost some of its luster due to price declines and the breaking of key support levels. Many investors have begun to question Bitcoin's future prospects, turning instead to chase those high-yield DeFi projects.
However, the value of Bitcoin is not limited to speculation. In certain regions, particularly in Africa, Bitcoin is being used as a tool to hedge against currency devaluation. For example, some merchants in Nigeria have successfully avoided the impact of local currency devaluation and achieved profit growth by using Bitcoin to pay suppliers.
The establishment of Bitcoin has opened a new era of blockchain technology. Although the market fluctuates, the fundamental value of Bitcoin lies in its technological foundation and decentralized characteristics. Excessive enthusiasm may be detrimental to long-term development, as Satoshi Nakamoto warned during the WikiLeaks incident.
Over time, Bitcoin has gradually evolved from an idealistic concept into a practical financial tool. While it may no longer be the hottest topic, its position within the global financial system is steadily being consolidated. In the future, the development of Bitcoin will depend on its ability to adapt to the ever-changing market demands while maintaining its core values.