#Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
PancakeSwap records a record trading quarter – How will the price of CAKE react?
CAKE – the native token of the decentralized trading platform (DEX) PancakeSwap – has recorded outstanding achievements in Q1 2025. The trading volume on the exchange reached a record high of 205.3 billion USD, leading to double-digit growth in many key metrics, indicating the increasing appeal of this platform in the DeFi ecosystem.
However, despite the positive operational signals, the price of CAKE still dropped 3% during the trading session on Thursday, fluctuating around the $2 mark at the time this article was written.
PancakeSwap's Q1 2025 Achievements and Growth Drivers
PancakeSwap is a decentralized exchange (DEX) operating on multiple blockchain platforms, currently holding a total value of locked assets (TVL) of up to 1.64 billion USD. In the most recent quarter, this platform achieved its highest trading volume since its inception, with a total trading value of up to 205.3 billion USD. At the same time, PancakeSwap continues to record steady growth in key metrics such as the number of users and the number of transactions.
According to a notice from PancakeSwap, during the period from Q1 2023 to Q1 2025, the trading volume on the platform increased by as much as 921%. In addition, the number of users increased by 81.25%, while the number of transactions conducted on the platform surged by 159.41%.
The main driving force behind the growth of CAKE – the native token of PancakeSwap – comes from several prominent factors:
With impressive metrics and a clear development strategy, PancakeSwap is gradually solidifying its position as one of the leading decentralized exchanges in the current market.
CAKE Price Prediction
As of the time of writing on Friday, CAKE is hovering around the $2 mark. This token has the potential to increase by 15% and test the resistance level R1 at $2.25 – the upper boundary of the ( Fair Value Gap – FVG) on the daily chart.
The price level of $3.07 is considered the next important resistance level, while the 2025 price peak of CAKE is set at $3.41.
In the scenario of a sharp decline in the cryptocurrency market or an unexpected short-term correction in Bitcoin, CAKE may find support around $1.85 – the upper boundary of the FVG range between $1.85-$1.83.
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their due diligence before making any decisions. We are not responsible for your investment decisions.
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