Gate Wallet’s latest airdrop initiative, launched on August 25, 2025, has introduced rewards for Matt.fun and Xpin Network users. This follows a successful track record of prior campaigns exceeding $400,000 in rewards, indicating significant community participation and market interest. The new BountyDrop feature within Gate Wallet’s app offers eligible participants the opportunity to earn rewards through this program. 25th August marked a notable event as it aligns with Gate Wallet’s strategic user engagement plan, with ETH prices reacting to the airdrop’s announcement. Market analysts are observing potential changes in liquidity or volume stemming from this initiative. This is just one example of how Gate Wallet impacts crypto markets through promotional activities, and their airdrops have historically influenced market activity. While ETH experienced a price decline following the announcement, no expert comments on the broader market reaction were obtained. Further information regarding community sentiment and regulatory updates remains limited at this time.