Vitalik Buterin has responded to Succinct Labs' recent breakthrough in real-time zkVM proving, highlighting Ethereum’s ambitious goal to raise the Layer 1 gas limit by 10 to 100 times. His remarks followed co-founder Uma Roy’s demo showcasing the zkVM system powering full execution layer proofs. Addressing skepticism from an X ...
Ethereum is trading at $2,378, reflecting a 5% decline over the past 24 hours after reaching a weekly high of $2,693. Despite this pullback, the second-largest cryptocurrency remains resilient, surging more than 35% over the past month. Derivatives data further confirms this surge in market engagement. CoinGlass reports that Ethereum’s ...
The Ethereum Foundation has launched a "Trillion Dollar Security Initiative" to enhance the security and resilience of the Ethereum blockchain. This program aims to protect the network, which supports a wide range of decentralized finance applications, NFTs, and smart contracts. The initiative is designed to bolster Ethereum’s security infrastructure by ...
Ethereum is priced at $2,438, marking a 3.5% decline in the last 24 hours after experiencing a 34% increase over the past week. According to data from Coinglass, open interest has fallen by 2%, suggesting a decrease in leveraged positions. This pullback comes after an impressive rally, during which ETH ...
Ethereum recently posted a remarkable 20% gain, reaching its most undervalued level relative to Bitcoin since 2019. This price surge was driven by a substantial rise in trading activity, particularly in the derivatives market, where volume soared by 184%, according to data from Coinglass. Simultaneously, open interest in Ethereum futures ...
Linea has begun covering layer-2 gas fees for users who bridge assets from the Ethereum mainnet using its native bridge, marking a strategic move to streamline onboarding and enhance accessibility. Announced in a recent X post, the initiative is designed to lower entry barriers for new users by reducing transaction ...
The Ethereum Foundation has announced a significant overhaul of its leadership to clarify roles and strengthen its focus on management and strategic oversight. The changes are designed to separate day-to-day operations from long-term vision-setting. “We remain dedicated to serving as a steward of the Ethereum ecosystem, supporting its growth while ...
Ethereum Foundation researcher Dankrad Feist has proposed a transformative improvement plan that could increase the Ethereum network's gas limit by 100 times, potentially allowing for 2,000 transactions per second (TPS). This plan will implement a "deterministic gas limit growth schedule" starting at epoch 369017, around June 1, 2025. The proposal ...
In a move to improve economic incentives within the Ethereum ecosystem, community members Kevin Owocki and Devansh Mehta have proposed a new dynamic fee structure for the application layer. The proposal, introduced on April 27, seeks to balance revenue generation for decentralized application (dApp) builders with fair fee extraction as ...
Ethereum users are now enjoying the lowest transaction fees seen on the network in five years as on-chain activity slows significantly ahead of the anticipated Pectra upgrade. Brian Quinlivan, the firm's marketing director, noted in a blog post that the decline in activity is due to reduced demand, with fewer ...
