📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
Diverse development in the crypto market: BTC softens, institutional ETFs get on board, AI and Meme popularity remain high.
Crypto Market Weekly Report: BTC indicators weaken, institutions get on board ETF, AI and Meme craze continues
This week, the crypto market has shown multifaceted developments. Various indicators of BTC have weakened, suggesting that the market may be on the eve of a trend reversal. Despite the Trump administration's friendly attitude towards encryption, uncertainty still exists in the current market. Meanwhile, the crypto ETF has seen a surge of institutional participation, with 15 institutions holding nearly $14 billion in assets, among which BlackRock is the most capital-raising.
The AI and Meme sectors continue to heat up. AI Agents are seen as key to potentially restructuring the Web3 value network. Projects like Spore.Fun provide a space for rapid iteration and evolution of AI. However, the essence of the PVP gambling in the Meme coin market is gradually being exposed.
In terms of project dynamics, the Sonic ecosystem continues to develop after its renaming, and the Shadow Exchange has attracted attention with its x(3,3) incentive model. Multiple AI Agent projects have emerged on the BNB Chain, but most are still in the low market capitalization stage. Emerging projects such as the Walrus protocol and the launch of the Monad testnet are also worth paying attention to.
Events in the Web3 field are frequent. The announcement of Pi Network going live on the mainnet has sparked heated discussions. The crash of the Libra token reveals the harsh truth of the crypto market. OpenSea has chosen to issue a token in an attempt to revitalize its position as an NFT exchange.
In terms of important news, the SOL from the FTX bankruptcy auction is about to be unlocked, Trump has signed an executive order supporting encryption, and Musk's xAI has released the Grok 3 chatbot. In addition, the Hong Kong Securities and Futures Commission has released a virtual asset roadmap, and Vitalik has expressed his views on the future development of Ethereum.
Overall, despite the uncertainty in the market, the positive changes in institutional get on board, technological innovation, and regulatory attitudes still bring new opportunities and challenges to the industry.