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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
Cardano (ADA) (data as of May 28, 2025):
* Current Price: Approximately $0.7643 USD
* 24-Hour Change: Approximately +1.19%
* 7-Day Change: Approximately +2.94%
* Last Month High: $0.8545 (May 12, 2025).
* Last Month Low: $0.6448 (May 06, 2025).
* All Time High Price (ATH): $3.10 (September 02, 2021).
* All Time Low Price: $0.01735 (October 01, 2017).
* Circulating Supply: Approximately 33,313,246,915 ADA.
* Total Supply: Approximately 33,719,282,563 ADA.
Cardano (ADA) Technical Analysis and Future Expectations:
There are various opinions and technical analyzes about the future of Cardano.
* Support and Resistance Levels: There are support and resistance levels determined by different analysts. For example, in some analyzes, the $0.63 - $0.69 band is shown as an important support. Resistance levels are stated as levels such as $0.78, $1.00, $1.16.
It is predicted that ADA can reach $0.789237 in 2026, $0.959323 in 2030 and $2.54537 in 2050.
As a result, ADA coin has been very weak with the rise of BTC. Therefore, I expect an upward trend in the near future, although it is delayed.