Ethereum’s mainnet is reclaiming its dominance in decentralized finance (DeFi), fueled by a resurgence in bot-driven trading and a spike in stablecoin activity. According to a June 4 report by crypto trading platform CEX.io, Ethereum’s layer-1 network processed 4.84 million stablecoin transactions in May, automated mainly through trading bots. The ...
Digital asset investment products attracted $286 million in inflows last week, extending a robust seven-week streak that has now brought total inflows to $10.9 billion, according to the latest data from CoinShares. Leading the charge was Ethereum, which posted $321 million in inflows—its strongest six-week performance since December 2024. The ...
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 ...
Ethereum’s Layer 2 (L2) solutions play a critical role in scaling the network. By offloading transactions while inheriting Ethereum’s security, L2s reduce costs and boost throughput. Arbitrum, Optimism, and zkSync are leading this charge. But as L2s grow, they’re no longer forming in isolation. A clustering trend is emerging, where ...
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 ...
