📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
ETH Issue:
1. Lost the key support level of 3200 in the volatility, increased selling pressure, and made the market uneasy.
2. The supply greatly exceeds the burning rate, leading to a supply-demand imbalance. Public data shows that in the year 2824, 540,000 ETH were issued and 470,000 ETH were burned, resulting in a net increase of 70,000 ETH. Moreover, the burning rate is getting smaller and smaller, as everyone wants to sell for profit, further increasing the selling pressure.
3. Technically not aggressive, the transaction volume per second is lower than that of later comers such as Sol. ETH is the first smart contract, capable of processing about 50 transactions per second, while Sol, as a latecomer, can handle 30,000 transactions per second. Over the years, ETH has not upgraded its network, but in the network, Sol, EOS, AVAX and other new chains are more advanced than ETH.