📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
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Recently, the cryptocurrency market has attracted attention once again. The price of Ethereum (ETH) has risen by 10% in a short period, approaching the $4700 mark, just a step away from the historical high of $4868 set in 2021. Behind this surge is strong financial support.
On August 11, three financial giants BlackRock, Fidelity, and Grayscale simultaneously injected up to $1 billion into the spot ETH ETF. This move not only demonstrates institutional investors' confidence in the Ethereum ecosystem but also indicates that capital is flowing into this sector at an accelerated pace.
If Ethereum successfully breaks through its historical high, it may trigger a chain reaction, driving up the prices of related assets. Investors can focus on the following potential beneficiary sectors:
First of all, projects closely connected to the Ethereum ecosystem are worth paying attention to. This includes Layer 2 scaling solutions such as Arbitrum (ARB) and Optimism (OP), as well as the emerging BASE ecosystem concept coin. At the same time, as the demand for Ethereum staking may surge, liquid staking derivatives (LSD) projects like Lido (LDO), Rocket Pool (RPL), and StakeWise (SWISE) may also benefit.
Secondly, high-quality projects in the decentralized finance (DeFi) space, such as Uniswap (UNI), Aave, and Maker (MKR), may perform outstandingly due to the increased on-chain transaction activity.
Finally, some small-cap tokens with higher volatility may experience significant gains due to heightened market sentiment.
However, investors must keep in mind that the cryptocurrency market is filled with both risks and opportunities. Before making any investment decisions, one should fully understand the relevant projects, assess their own risk tolerance, and maintain rational judgment. How the market will trend in the future remains to be seen.