Gate Founder & CEO Dr. Han: RWA Trading Volume Could Grow 100x in the Next 2-5 Years

Odaily reports that Gate Founder & CEO Dr. Han stated that the crypto industry is gradually transitioning from the infrastructure building phase to the phase of real-world application adoption. The directions he is most optimistic about include Prediction Markets and Real World Assets (RWA).

Dr. Han proposed: "In the next 2 to 5 years, RWA trading volume could grow by 100 times, potentially even surpassing the trading volume of cryptocurrencies themselves." He believes that as on-chain infrastructure matures, more traditional assets will enter the blockchain ecosystem, shifting the industry's growth logic from asset speculation to real value transfer.

In line with this trend, Gate has been continuously advancing its related布局. As the first CEX platform to integrate with Polymarket, Gate has consistently ranked among the top three in cooperation channels, allowing users to directly participate in prediction markets via the Gate App. Meanwhile, Gate's Pre-IPOs digital subscription mechanism has launched its first project, SpaceX (SPCX), with a fundraising scale close to $395 million, continuously expanding the integration scenarios between crypto and traditional finance. (Cointelegraph)

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Liquidated: A whale's $63.97 million BTC and ETH positions on Hyperliquid were liquidated, with a loss of $10.76 million
Odaily reports that according to Onchain Lens monitoring, a whale's BTC and ETH positions worth $63.97 million on Hyperliquid were liquidated 3 hours ago, resulting in a loss of $10.76 million. Its cumulative liquidation loss stands at $16.13 million, with a lifetime loss of $18.52 million. It currently has no open positions.
Chainlink Reserve buys another 106,300 LINK, bringing total purchases to 6.68 million
Odaily reports that according to Onchain Lens monitoring, Chainlink Reserve added 106,300 LINK today, bringing its cumulative purchases to 6.68 million LINK, valued at approximately $75.06 million. Over the past 30 days, Chainlink Reserve purchased 471,200 LINK, valued at approximately $5.36 million.
33 minutes, 4 liquidations: A Hyperliquid whale loses $972,700 but still holds a $16.16 million BTC long with 40x leverage
According to Onchain Lens monitoring, a whale was liquidated 4 times within 33 minutes, with cumulative losses of $972,700. The whale still holds a BTC long position worth $16.16 million with 40x leverage, a liquidation price of $71,119, just 1.07% away from the current price, an unrealized loss of $609,500, and cumulative losses of $1.01 million.
US Media: Nvidia Faces US Department of Justice Antitrust Investigation
Odaily reports that Nvidia (NVDA.O) is facing an antitrust investigation by the US Department of Justice. (US financial news outlet Semafor)
Foreign media: Nvidia's interim CEO does not lead major company decisions
Odaily reports that Nvidia's (NVDA.O) interim CEO is not the leader of the company's major decisions and is not responsible for setting the company's major decision agenda. (The Information)
Nvidia's decline further narrows to 4.24%
According to MSX.COM data, Nvidia's decline has further narrowed to 4.24%, now trading at $166.35, with its market cap returning above $4 trillion.
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