📢 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
SEC's liquidity staking approval causes staking Layer 2 tokens to rise | CoinDesk JAPAN
Multiple Layer 2 networks are also benefiting from Ethereum's recent rise. The native token OP of Optimism, Ethereum's scaling solution, has risen by 8% in the past 24 hours and 13% over the week, solidifying its rise. The competing network Blast has also risen by 6.3%.
Mantle, which adopts optimistic rollups to process transactions off-chain before settling on the Ethereum blockchain mainnet, has achieved the highest rise in this group, with the MNT token increasing by 50% over the past week.
The clarification by the SEC came after last month's very brief "altcoin season." During this period, there were continued cases where altcoins showed significant movements against Bitcoin (BTC).
The clarification by the SEC may lead to an influx of funds from institutional investors. Until now, institutional investors have been investing in assets such as Ethereum, but previously, they could not earn yields through decentralized finance (DeFi) due to it being in a regulatory gray area.
Rebecca Rettig, a member of the legal team at Jito, pointed out that the SEC's announcement suggests that liquidity staking tokens could be incorporated into ETFs (Exchange-Traded Funds).
| Translation & Editing: Rina Hayashi | Image: ETH/USD (TradingView) |Original: SEC Green Light on Liquid Staking Sends ETH Past $4K, Spurs Broad Staking and Layer-2 Rally