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- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes! - 🔵 #GENIUS Stablecoin Bill#
On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
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- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
With a cleaner, more distinctive, universally recognized visual identity, we're moving from industry leader to true pace-setter.
✨ Three Pillars of Our Strategic Upgrade
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3. Global Compliance: One of the few crypto platforms legally operating across multiple regions.
Just as we declare
- 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
IDEX Launches XCHAIN Testnet
On July 6, 2023, the decentralized exchange IDEX officially announced the deployment of the XCHAIN test network, which is a Layer 2 network supported by zkEVM-based Polygon Supernets. The current perpetual futures DEX still has a certain gap in performance and security compared with centralized exchanges, and XCHAIN enables IDEX to narrow this gap. In addition, XCHAIN also allows other decentralized applications (dApps) to join XCHAIN and provide services for IDEX users and funds, expanding the scope of products and services beyond perpetual futures trading.
According to TheBlock, the proportion of spot trading volume on DEX has increased significantly, reaching 22% of CEX trading volume at its peak (in May this year). In contrast, the trading volume of perpetual futures DEXs does not even reach 2% of the centralized exchanges.
The high resource requirements of order matching, margin calculation, and trade settlement all make it difficult to implement the same DEX innovations into decentralized futures exchanges.
Alex Wearn, co-founder and CEO of IDEX, said of XCHAIN: “Throughout the six-year history of our company, we have focused on approaching the performance and user experience of centralized exchanges. However, due to the existing blockchain The solution has high settlement costs and low throughput, and true parity can never be achieved without significant security trade-offs. XCHAIN is the last piece of the puzzle needed to allow DEXs to compete head-on with CEXs.”
XCHAIN utilizes Polygon zkEVM technology to provide zero-gas transactions, eliminating the cost impact that prevents perpetual futures DEXs from achieving similar growth to spot DEXs. With this development, IDEX combines the speed and efficiency of traditional exchanges with the transparency and security of blockchain technology to create a better trading experience. Traders will also benefit from better liquidity, reliable execution and millisecond latency, while ensuring their funds and trade settlements are secured directly by Ethereum.
Polygon Supernets based on zkEVM technology is a low-level solution for building Web3 applications. Its advantages lie in high-performance, customizable App chains, and extremely low (or even zero) transaction costs, helping upper-level applications to achieve scale. Applications using Polygon Supernets can also be integrated with each other, allowing the entire ecosystem to seamlessly trade, interact freely, and be secured by Ethereum.
Sandeep Nailwal, co-founder of Polygon, said: "This is a great product example that we found when we built Polygon Supernets based on zkEVM and Polygon zkEVM technology. We are only at the beginning, but when others see IDEX because of what this technology can do When things come to us, we know they'll implement and deploy right away, too."
Before the Mainnet launch, IDEX will open the XCHAIN network to limited public participants during the incentive test period. More details will be announced in the coming weeks.
About IDEX
Founded in 2017, DEX combines the speed and efficiency of traditional trading systems with the transparency and security of blockchain technology. Built for all traders, IDEX offers instant execution, millisecond latency, and gas-free settlement, while allowing users to maintain full control and custody of their funds.
For more information, please visit