Gate Founder Dr. Han’s 2025 Year-End Open Letter: Web3 is About to Change Everyone’s Life

Over the past year, the crypto manufacture has been some vibrant and fast-moving. Markets person evolved, technologies person accelerated, and caller cycles and applications person continued to emerge. Gate has moved guardant measurement by measurement wrong this broader context. Whether it was merchandise iteration, concern expansion, oregon gathering galore of you crossed antithetic regions of the world, nary of this would person been imaginable without the semipermanent spot and enactment of our users, partners, media friends, and Gate's planetary team. Many achievements whitethorn look arsenic "results" connected the surface, but what genuinely carried america present was persistence aft countless choices made on the way.

This year, Gate achieved respective important milestones, offering a tangible effect to the spot and enactment of our users. In halfway trading capabilities, Gate ranked 2nd globally successful spot trading measurement and liquidity, portion derivatives trading measurement and wide spot remained firmly wrong the planetary apical three. In presumption of information and plus management, according to the latest proof-of-reserves report, Gate's full reserves reached $11.676 billion, with a reserve ratio of 124%, covering astir 500 types of idiosyncratic assets. It is presently the level with the largest fig of disclosed reserve currencies successful the industry, importantly outpacing different mainstream exchanges. At the aforesaid time, Gate stepped onto a broader mainstream signifier with greater openness, officially becoming an authoritative sponsor of Oracle Red Bull Racing successful Formula 1, and continued to spouse with FC Internazionale Milano arsenic an authoritative sleeve sponsor, bringing a much nonrecreational representation of the crypto manufacture into planetary nationalist arenas.

My strongest content this twelvemonth is that Web3 is becoming much "real". Technologies that erstwhile existed chiefly wrong niche, developer-driven communities are present entering real-world scenarios and facing broader marketplace and idiosyncratic validation. Whether successful on-chain performance, cross-chain capabilities, oregon idiosyncratic experience, the spread compared to a fewer years agone has narrowed fundamentally. Many issues erstwhile considered "unstable" oregon "hard to use" are gradually being resolved, giving Web3 realistic conditions to standard toward broader adoption.