Ethereum co-founder and Consensys CEO Joseph Lubin has predicted that Wall Street is on the brink of fully embracing decentralized finance (DeFi) and crypto. In a post shared on X (formerly Twitter), Lubin cited the accelerating momentum behind digital asset treasury strategies as a clear signal that traditional finance is ...
For years, Ethereum reigned supreme as the go-to platform for decentralized applications (dApps) and smart contracts. But in recent times, the ecosystem has faced mounting pressure from both within and without. High gas fees, limited scalability, and stiff competition from nimble Layer 1 (L1) chains and fast-growing Layer 2 (L2) ...
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. ???????????? ???????????? ???????????????????? 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 ...
