💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Standard Chartered Raises Ethereum Price Target to 7,500 USD
Standard Chartered has raised its year-end 2025 price target for Ethereum (ETH) to $7,500 from a previous forecast of $4,000. The bank's positive outlook is based on record inflows into ETF funds, demand for Treasury bonds, and the widespread popularity of stablecoins. In its research, the bank stated that Ether and ETF fund management companies have purchased 3.8% of the circulating ETH supply since June 1, nearly doubling the fastest Bitcoin accumulation rate recorded during the 2024 U.S. election cycle. This demand shock is the main catalyst for the recent price surge. The ETH ETFs have just recorded an inflow of over 1 billion dollars, the highest since their launch in the United States, bringing the value of this token down to about 4% below its all-time high of 4,891 dollars in November 2021.
The price increase occurred as network activity rose following the passage of the GENIUS Act in July, establishing a clear regulatory environment in the United States for stablecoins. Standard Chartered estimates that the stablecoin market will grow eightfold, reaching $2 trillion by 2028, with Ethereum, the coin that holds more than half of the total stablecoins issued, accounting for a large portion of that growth. Stablecoins currently support 40% of total blockchain fees, providing stable demand for ETH. Technical improvements are also being implemented. Ethereum co-founder, Vitalik Buterin, will increase the layer 1 throughput by 10 times to support more high-value on-chain transactions and move lower-value transactions to layer 2 solutions like Arbitrum and Base.
This bank predicts that the third largest cryptocurrency will outperform Bitcoin in the next twelve months, with the ETH-BTC exchange rate increasing from 0.036 to 0.05 by the end of 2025. The current long-term target is: $7,500 by the end of 2025 (increased from $4,000)$12,000 by the end of 2026 (increased from $5,000)$18,000 by the end of 2027 (increased from $6,000)$25,000 by the end of 2028 (increased from $7,500) As of the time of writing, ETH is trading at around $4,692, up over 50% in the past month $ETH {spot}(ETHUSDT)