📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
ChainCatcher Alibaba Web3 collaboration
Key Points:* ChainCatcher’s strategic partnership with Alibaba Cloud focuses on Web3 infrastructure enhancement.
ChainCatcher and Alibaba Aim to Propel Blockchain Startups
ChainCatcher’s partnership with Alibaba Cloud underscores efforts to bolster Web3 infrastructure for blockchain startups. While announced in July 2025, the initiative remains technical without direct financial market impacts. Both companies refrained from announcing any funds or grants related to this collaboration.
Media coverage suggests a focus on reducing operational barriers for startups, though no specific assets like ETH or BTC are directly affected. Immediate implications center on enhanced developer support rather than altering existing asset landscapes. The initiative highlights the growing interest in Web3 ecosystem development without altering crypto token dynamics.
“The partnership focuses not only on technical infrastructure but also on fostering a supportive ecosystem for emerging blockchain technologies,” notes an unnamed source involved with the collaboration.
No official market reactions from ChainCatcher’s or Alibaba Cloud’s leadership concerning U.S. policy were observed. Neither public statements nor significant institutional comments connected with this partnership have been recorded to date. The collaboration continues quietly, focusing on infrastructure without triggering macroeconomic responses.
Partnership Intensifies Focus on Web3 Development
Did you know? The July 2025 ChainCatcher partnership with Alibaba Cloud is one of their largest collaborations aimed at easing entry for blockchain startups without reshaping the prevailing financial market conditions.
Ethereum (ETH), currently priced at $4,185.70, records a market cap of $505.25 billion, with a 12.86% dominance according to CoinMarketCap. Recent data shows a 7.51% increase in 24 hours and a notable 68.33% rise over 90 days. The circulating supply stands at 120,709,102 ETH as of August 9, 2025.
| | | --- | | DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |