📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Recently, a remarkable phenomenon has occurred in the Crypto Assets market: Ethereum ( ETH ) price has surged significantly, breaking through the $4000 barrier, while other Crypto Assets, including Bitcoin ( BTC ), have failed to rise in sync. This abnormal market performance has sparked widespread discussion among industry insiders.
Analysis shows that the strong rise of ETH this time is not due to spontaneous behavior within the Crypto Assets circle, but driven by a large inflow of funds from the traditional financial sector. This hot money seems to have a clear target, as it bypassed other Crypto Assets, even the number one by market capitalization, Bitcoin, and directly flowed into Ethereum.
This selective flow of funds reveals some characteristics of the current market. Firstly, traditional financial institutions are changing their attitudes towards Crypto Assets, beginning to selectively accept certain Crypto Assets. Secondly, Ethereum, as the leader in smart contract platforms, is attracting the attention of an increasing number of institutional investors.
However, this local craze has also brought some concerns. Many investors remain cautious about other crypto assets, especially the so-called 'altcoins'. After experiencing past market fluctuations, investors have become more rational, and they no longer easily follow price rises that lack substantial support.
This market behavior reflects the maturity of the Crypto Assets investors' mindset. They are beginning to focus on the actual value and development prospects of projects, rather than blindly following short-term price fluctuations. This may signal that the Crypto Assets market is entering a new development stage, with more rational investment decisions and a more mature market.
Nevertheless, industry insiders believe that to replicate the comprehensive crypto assets bull market of 2021, a broader injection of funds may be necessary. The current market conditions resemble more of a localized frenzy rather than a widespread market pump.
Overall, this breakthrough rise of Ethereum not only reflects its important position in the crypto assets ecosystem but also reveals the increasingly close relationship between traditional finance and crypto assets. As the market continues to develop, we may see more interesting investment patterns and market trends emerge.