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Month: May 2025

cryptocurrency May 3, 2025

Advertisements Vitalik Buterin proposed new architecture and protocol-wide standards to make Ethereum simpler, faster and easier to maintain. Ethereum co-founder Vitalik Buterin called for simplifying Ethereum’s base protocol, aiming to make the network more efficient, secure and accessible, drawing inspiration from Bitcoin’s minimalist design. In a blog post titled “Simplifying the L1,” published on May […]

cryptocurrency May 3, 2025

Over the past few months, Ethereum has experienced a significant decline in user activity on its blockchain. This slowdown has reduced the network’s burn rate—a mechanism that helps decrease ETH supply over time. Advertisements With fewer tokens being burned, ETH’s circulating supply has risen, putting inflationary pressure on the asset. As a result, the coin […]

cryptocurrency May 2, 2025

Advertisements Its now an “open race” for leadership among layer-1 blockchain networks, Nansen’s CEO said. Ethereum’s relative dominance among layer-1 (L1) blockchain networks has declined, resulting in an “open race” to become the leading Web3 platform, according to Alex Svanevik, CEO of data service Nansen. “If you’d asked me 3–4 years ago whether Ethereum would […]

cryptocurrency May 2, 2025

Ethereum (ETH) blockchain faces a builder exodus as rival ecosystems like Solana (SOL) gain traction. Advertisements The allure of the Solana blockchain for developers includes superior support for startups and streamlined user experiences. Ethereum Hackathon Missteps Drive Builders To Solana Ethereum has long been the leading smart contract platform for decentralized applications (dApps). However, this position […]

cryptocurrency May 2, 2025

Crypto traders and investors will witness approximately $3 billion worth of Bitcoin (BTC) and Ethereum (ETH) options expire today. Advertisements Expiring options tend to cause notable price volatility, meaning crypto market participants should monitor today’s developments closely and possibly adjust their trading strategies around 8:00 UTC. $2.95 Billion Bitcoin and Ethereum Options Expiring Data on Deribit […]

cryptocurrency May 1, 2025

Advertisements The introduction of Ethereum R1 deviates from traditional layer-2 developments that have come to characterize Ethereum’s scaling networks. A group of developers within the Ethereum ecosystem, operating independently of the Ethereum Foundation, have announced Ethereum R1 — a layer-2 (L2) scaling solution for the Ethereum network that does not include a native token. According […]

cryptocurrency May 1, 2025

Advertisements Ethereum devs propose ERC-7930 and ERC-7828 to unify crosschain address formats and improve multichain UX. Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828. “There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote […]

cryptocurrency May 1, 2025

Base, a Layer-2 (L2) blockchain developed by Coinbase, transitioned from a Stage 0 to Stage 1 rollup, effectively overtaking Arbitrum (ARB) as the largest Ethereum scaling solution. Advertisements Stages refer to a framework for assessing the maturity of L2 rollups, based on milestones proposed by Ethereum co-founder Vitalik Buterin. Base Becomes Largest Ethereum L2, Arbitrum Follows […]