📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
$PHA Gains 33% increase after announcing partnership with xNomadAI
Gate.io news: $PHA, the native utility token for Phala Network, an open-source AI NFT platform, transforming AI agents into transferable, trackable assets capable of independent operation experiences 33% price surge after Phala Network partners with xNomadAI to integrate Phala's TEE runtime environment, enhancing xNomadAI's AI-driven NFT infrastructure.
According to Gate.io Trading data, $PHA shows a low of $0.26755 and a high of $0.36732 and is currently trading at $0.35705, with a total volume of $23.38M and a marketcap of $277.48M in the last 24 hours.
Background: Legal standoff between Ripple and SEC
SEC has accused Ripple and its executives, Bradley Garlinghouse and Christian Larsen, of unlawfully issuing and selling XRP tokens worth over $2 billion without registration, allegedly violating the Securities Act of 1933. According to the SEC, these XRP sales include institutional sales, retail transactions, and non-cash transactions (such as exchanging labor or services for XRP). The SEC believes that all of these transactions should be classified as securities transactions.