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–
Decentralized Finance protocol Spark has suspended its encryption application plans to focus on institutional-level infrastructure development.
Golden Finance reported that the DeFi protocol Spark has suspended its plans to launch a mobile application, citing its focus on the core competitiveness of DeFi native crypto assets and the highly competitive market. The protocol will instead focus on “liquidity infrastructure and trading,” such as the recent $1 billion investment in PayPal's PYUSD, targeting institutional use cases. According to reports, the protocol will focus on “liquidity infrastructure and transactions similar to our recent $1 billion investment in PYUSD and PayPal using our own balance sheet,” indicating its focus on institutional user scenarios rather than creating solutions more suitable for retail investors. When asked whether the mobile application has been canceled or merely postponed, Phoenix Labs CEO Sam MacPherson stated, “Development is currently on hold. The situation may change, but the key lies in the market; you have to see the opportunity, and there is no opportunity for us right now.”