December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
Ethereum stablecoin monthly volume hits a record of approximately $2.82 trillion
PANews, November 3 - According to The Block, the on-chain trading volume of Ethereum stablecoins reached approximately $2.82 trillion in October, a month-on-month rise of about 45%, setting a new historical high. The trading volume of USDC in that month was about $1.62 trillion, ranking first, followed by USDT with approximately $895.5 billion; DAI at around $136 billion, which decreased compared to September. Analysts state that during the market pullback, traders utilized stablecoins for liquidity management and yield strategies, with stablecoin issuers contributing about 65%-70% of daily revenue for encryption protocols in October, primarily from interest income derived from low-risk assets such as US Treasuries. Bitcoin and Ethereum fell approximately 11.5% and 16.4% respectively that month.