Gate News Bot news, on July 24, according to CoinMarketCap data, NEWT (Newton Protocol) is currently priced at 0.43 USD, having risen 18.28% in the last 24 hours, with a high of 0.48 USD and a low of 0.31 USD. The 24-hour volume reached 628 million USD. The current market capitalization is approximately 93.31 million USD, an increase of 1.44 million USD compared to yesterday. The Magic Newton Foundation is the development organization of the Newton Protocol, dedicated to promoting the application and development of decentralized infrastructure layers. The Newton Protocol aims to achieve verifiable on-chain automation and secure proxy authorization. This protocol serves as a verifiable automation layer, primarily targeting on-chain financial applications.

According to Gate News bot, as reported by CoinDesk, listing on a Korean exchange is seen as a golden ticket, an instant liquidity injection, and a validation milestone for overseas encryption projects. However, Bradley Park, an analyst at Seoul DNTV Research, explained in a recent interview that this mindset may be part of the problem.

Gate News bot message, according to the official announcement from Gate on June 25, 2025 Gate Yield Bao has added NEWT (Newton) current wealth management product, currently offering an annualized yield of 134.5%, with a minimum subscription amount of 2 NEWT. The wealth management product adopts a model of distributing dividends every hour. Newton is a decentralized infrastructure dedicated to achieving verifiable on-chain automation and secure proxy authorization. NEWT, as the native token of the Newton protocol, is used to support protocol security, proxy registration, on-chain permissions, and governance, as well as the Gas token of the protocol.

Gate News bot message, according to the official Gate announcement on June 24, 2025. Gate will complete the migration of NEWTUSDT pre-contract perpetual contracts to formal perpetual contracts on June 24, 2025, at 22:10( UTC+80. It is reported that contract trading and existing positions will not be affected during the migration process. After the migration is complete, the NEWTUSDT perpetual contract will support long and short positions with leverage of 1-50 times, and the risk limit trading parameters will also be adjusted accordingly.