On May 22, 2025, Bitcoin broke through the historic threshold of $110,000 for the first time, reaching a new high of $111,878, igniting the enthusiasm of the crypto market. This milestone is no coincidence, as it is backed by a surge of institutional capital: MicroStrategy (now Strategy Corp) holds 576,230 BTC, firmly securing its position as the “coin hoarder king,” while BlackRock invested $306 million in a single purchase, boosting market confidence.
In the past week, net inflows into spot Bitcoin ETFs exceeded $1.5 billion, with total assets under management surpassing $129 billion, accounting for 6% of Bitcoin’s market value. Policy resonance is also crucial: the U.S. “GENIUS Stablecoin Act” was passed by the Senate, and the Hong Kong “Stablecoin Regulation Draft” was simultaneously implemented, clarifying the regulatory framework and opening the floodgates for compliant funds. Geopolitical risks and fluctuations in the dollar have further led institutions like JPMorgan to recognize Bitcoin’s “digital gold” attributes, making it a new outlet for traditional safe-haven funds.
Bitcoin’s recent breakthrough of 110,000 USD is not merely a technical rise, but a structural transformation led by institutional capital. Unlike past cycles driven by retail investors, this round of market activity is propelled by corporate balance sheet allocations, inflows of ETF funds, and tentative interventions by sovereign wealth funds, forming a steady trend of “slow-motion innovation highs.”
Standard Chartered Bank accurately predicted this market cycle, stating in its report: Institutional funds are shifting from gold to Bitcoin, driving the price to challenge $200,000 by the end of 2025, and possibly reaching $500,000 by 2029. A more aggressive prediction comes from Blockstream CEO Adam Back, who believes that the entry of sovereign wealth funds could push Bitcoin to between $500,000 and $1,000,000.
The market is becoming increasingly differentiated. Bitcoin has gained 17% this year, significantly outperforming the S&P 500 index, while the index tracking altcoins has dropped by about 40%. This confirms the essence of the current bull market: funds are concentrating on the “digital gold” safe-haven asset, rather than a broad market rally.
In the institutional wave led by Bitcoin, trading platforms have become key infrastructure. Since its operation in 2013, Gate has ranked among the top three exchanges globally, offering trading for over 3,600 cryptocurrencies.
The platform token GateToken (GT) has become the core vehicle for ecological value capture. According to real-time market data, the current price of GT is approximately 15.6 USD, with a market capitalization of 1.857 billion USD and a 24-hour trading volume of about 15.3 million USD. As a platform coin, GT has multiple utilities, including paying transaction fees, participating in staking governance, and enjoying ecological dividends. Its value is deeply tied to the user growth, revenue scale, and burn mechanism of the Gate platform.
It is worth noting that the landscape of Web3 exchanges is undergoing profound reshaping. In the second quarter of 2025, the trading volume of Bitcoin on the Solana chain reached $8.474 billion, setting a new historical record. This reflects users’ pursuit of a high-performance, low-friction trading environment, and poses new questions for traditional platforms like Gate: how to integrate the trends of decentralization and cross-chain interoperability while maintaining compliance advantages.
For GT’s future trajectory, market opinions present a rational and optimistic divergence. From a technical analysis perspective, models based on moving averages and Fibonacci retracement levels suggest that GT may enter the $10 - $15 range by 2025. If it breaks through key resistance levels (such as $8), it could trigger further increases; however, if it falls below support levels (such as $6), it may lead to a pullback.
Some experts hold a more positive attitude, predicting that GT might reach above $20 by 2025. From a long-term perspective, if Gate continues to expand its ecosystem and strengthen its token burn mechanism, by 2030, GT price It is expected to rise to $27.74, with a potential return rate exceeding 81% compared to the current price.
It is important to be aware that Web3 security risks pose significant challenges. In the first half of 2025, exchanges suffered losses exceeding $1.591 billion due to hacking attacks, accounting for 74.4% of the total losses from attacks. Although Gate has maintained 100% margin transparency since May 2020, the platform’s security will directly affect user trust and GT valuation in the face of complex attack methods (such as contract vulnerabilities and private key leaks).
Bitcoin breaking through 110,000 USD is just the starting point of a new round of value storage revolution. With the rise of stock tokenization platforms, users can trade tokenized stocks and Hong Kong stocks through USDT, achieving fractional investment of 0.01 shares and round-the-clock trading. This trend may pressure exchanges to upgrade their services, and Gate must accelerate the integration of traditional assets and on-chain liquidity to avoid falling behind in the wave of “borderless finance.”
The continuous improvement of the regulatory framework will become a key variable. The advancement of stablecoin legislation in the United States and the implementation of policies in Hong Kong will inject certainty into the industry. If Gate can leverage this to strengthen its compliance advantages and attract institutional users, its platform coin GT will gain more solid demand support.
Ultimately, the ability to integrate ecosystems determines victory or defeat. Solana attracts the rise of DEXs like Orca with its high performance, while emerging platforms like XBIT break through liquidity dilemmas through cross-chain and AI risk control. If Gate wants to achieve the long-term growth target of GT, it must build a flywheel-like structure: using the platform coin as the core link to connect spot, derivatives, lending, and asset management services, forming a self-reinforcing ecological closed loop.
The milestone of $110,000 that Bitcoin reached in 2025 not only announced the institutional capital’s recognition of the value of crypto assets but also foreshadowed a deeper global asset migration. The rise of Strategy from the brink of bankruptcy to a valuation of hundreds of billions of dollars is a microcosm of this transformation.
The contours of future finance are being redrawn: on one side, Bitcoin is heading towards the vast sea of $200,000, and on the other side, platforms like Gate are seeking a balance between compliance and innovation in their practical journey. As the boundaries between traditional and crypto become increasingly blurred, the only certainty is that the measure of value has quietly been reset in code and consensus.