Gate has just released its transparency report for April 2026. After reading it as a whole, there is a clear feeling that it is no longer just an exchange. The current strategic focus is no longer just on rolling up coins and trading volume, but is beginning to evolve towards a comprehensive "financial infrastructure+AI system". Several key signals revealed in the report: On chain ecosystem: Gate Layer activity continues to soar Fund accumulation: The scale of wealth management and stablecoins continues to expand, and the suction effect is enhanced Deflation mechanism: GT continues to be heavily destroyed, further shrinking supply Payment Breakthrough: Starting to integrate Mastercard, extending its reach to traditional payment systems Technology Empowerment: GateAI Formally Enters Deep into Trading and Investment Research Scenarios At first glance, it may not seem new, but when combined, it is a qualitative change: the exchange is transforming into an integrated system of "trading+on chain+assets+AI". The future industry competition has long gone beyond the internal competition between CEX, and is about who can truly connect "trading, on chain, and AI". Complete report details: https://www. (gate.com)/announcements/article/51240? ref=VVdEBg8J