Tag: Ethereum

source: decrypt.co

Ethereum Shifts to Institutional Settlement Hub, Says Bitwise

Ethereum is evolving beyond its traditional role centered around NFTs and decentralized finance enthusiasts. According to a recent analysis by Bitwise Europe, the network’s base layer is increasingly becoming a major settlement platform for institutional investors, even as retail users shift their activity to other networks. 𝐓𝐡𝐞 𝐀𝐥𝐭 𝐕𝐢𝐞𝐰🔎 We ...

source: ccn.com

Buterin Eyes 10-100x Increase in Ethereum Gas Limit

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 Surges 20% Amid Lowest ETH/BTC Valuation Since 2019

Ethereum Surges 20% Amid Lowest ETH/BTC Valuation Since 2019

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 ...

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