💞 #Gate Square Qixi Celebration# 💞
Couples showcase love / Singles celebrate self-love — gifts for everyone this Qixi!
📅 Event Period
August 26 — August 31, 2025
✨ How to Participate
Romantic Teams 💑
Form a “Heartbeat Squad” with one friend and submit the registration form 👉 https://www.gate.com/questionnaire/7012
Post original content on Gate Square (images, videos, hand-drawn art, digital creations, or copywriting) featuring Qixi romance + Gate elements. Include the hashtag #GateSquareQixiCelebration#
The top 5 squads with the highest total posts will win a Valentine's Day Gift Box + $1
Ethereum (ETH) has recently performed remarkably, with prices gradually approaching the historical high of $5,000, paving the way for higher targets in the coming months. Throughout the summer, ETH has consistently outperformed Bitcoin (BTC), attracting an increasing number of institutional investors' follow, while Large Investors in ETH have been very active.
Federal Reserve Chairman Jerome Powell hinted after the Jackson Hole Economic Policy Symposium that interest rates might be cut before the end of 2025. This news has stimulated the stock market and the cryptocurrency market, showing an upward trend on Friday and continuing to rise over the weekend.
As the second largest digital asset by market capitalization, Ethereum surged from around $4,400 to $4,800 in just three hours on Friday, an increase of nearly 9%. Bitcoin also rose, returning to the $116,000 level.
On-chain data shows that a certain fund recently purchased 1,076 ETH at a price of $4,670, with a total value of $5.025 million. This large-scale institutional buying behavior usually reflects an increased market confidence in the value of Ethereum, thereby driving asset prices up.
Ethereum has performed remarkably recently, rising 23% in the past month and increasing by 76% year-on-year. Over the past five years, the price of ETH has surged over 1100%, making it one of the best-performing assets globally. If Ethereum breaks through the $5000 threshold soon, it will lay the groundwork for further ascension to $6000, although the specific timeline still needs to be observed.
As institutional investment enthusiasm continues to rise, the future development prospects of Ethereum are promising. However, investors still need to be cautious and closely monitor market trends and potential risk factors.