📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Ethereum's 60% Price Surge: Is It the Future of Global Finance?
Ethereum has seen a remarkable 60% price surge over the past month, nearing $3,800. This surge is mainly attributed to increased adoption and new U.S. regulations, such as the GENIUS Act. The GENIUS Act is a crucial piece of legislation regulating stablecoins, which could benefit its growing tokenized economy. ETH decentralized network supports stablecoins and other digital assets, making it a key player in the emerging blockchain-based financial ecosystem.
How the GENIUS Act Impacts Ethereum and Digital Assets
The GENIUS Act aims to establish clearer rules for stablecoins, enhancing their legitimacy and regulatory oversight. ETH, being one of the most widely used platforms for issuing stablecoins, is likely to benefit from this legislation. Additionally, institutional interest in Ethereum is on the rise, with billions of dollars in investment flowing into Ethereum-based assets. According to a 2024 report by CoinShares, $295.4 million in Ethereum investment inflows were recorded, indicating strong institutional confidence. However, scaling challenges could limit its ability to surpass competitors like Bitcoin and Solana in the long term.
Ethereum’s Future: Backbone of Global Finance?
The concept of tokenized economies, supported by ETH blockchain, suggests that it could one day serve as the backbone of global finance. As more enterprises adopt Ethereum’s smart contract functionality, its role in the financial ecosystem grows. Despite this optimism, critics warn that the risks associated with stablecoin markets and ETH scaling limitations may prevent it from becoming a dominant force in global finance. A 2025 XBTO study suggests that Ethereum may lag behind its competitors due to scalability issues.