News

According to Odaily, Ethereum founder Vitalik Buterin recently addressed comments from X user Paolo Rebuffo regarding the implementation of account abstraction in Ethereum. Buterin stated that the process is currently halfway complete, with the ultimate aim of making non-ECDSA (Elliptic Curve Digital Signature Algorithm) accounts the mainstream type on the Ethereum platform. These accounts are expected to include features such as multi-signature capabilities, key changes, quantum resistance, and privacy protocols. Significant progress has been made in simplifying the 7701 standard to advance this goal.

According to PANews, former Galaxy Digital Research Vice President Christine Kim shared on the X platform that Ethereum developers are contemplating the removal of EOF (Ethereum Virtual Machine Object Format) from the Fusaka upgrade. Unlike previous discussions, Kim believes that this time they might actually proceed with the action.

On Apr 27, 2025, 04:40 AM(UTC). According to Binance Market Data, Ethereum has dropped below 1,800 USDT and is now trading at 1,799.599976 USDT, with a narrowed narrowed 0.44% increase in 24 hours.

On Apr 26, 2025, 15:16 PM(UTC). According to Binance Market Data, Ethereum has crossed the 1,800 USDT benchmark and is now trading at 1,802.52002 USDT, with a narrowed narrowed 0.10% decrease in 24 hours.

According to PANews, Alex Gluchowski, founder of ZKsync and CEO of Matter Labs, recently shared insights on the X platform regarding Ethereum's position as the 'World Computer.' He emphasized that Ethereum maintains product-market fit with downstream applications like decentralized Nasdaq and SWIFT, asserting that the Ethereum network itself is the true moat. Gluchowski described Ethereum as the foundation of the value internet, highlighting its core characteristic of credible neutrality. He suggested that if Ethereum continues to hold its status as the World Computer, value will flow directly or indirectly to ETH. However, he noted that similar to the internet not operating on a single server, the value internet as a global transaction and payment infrastructure will not run on a single chain. The future of Ethereum, according to Gluchowski, lies in its role as a secure foundational layer for a vast, decentralized blockchain network. He concluded that Ethereum will only succeed when it leverages its core strengths effectively.

According to BlockBeats, recent data from Farside indicates that the U.S. Ethereum spot ETF experienced a net inflow of $157.1 million this week.

According to Binance Market Data, Ethereum (ETH) crossed the 1,800 USDT benchmark and is now trading at 1,800.119995 USDT, with a 1.91% increase in 24 hours.

According to Binance Market Data, Ethereum (ETH) crossed the 1,800 USDT benchmark and is now trading at 1,800.599976 USDT, with a 2.04% increase in 24 hours.

According to Binance Market Data, Ethereum (ETH) crossed the 1,800 USDT benchmark and is now trading at 1,801.160034 USDT, with a 2.89% increase in 24 hours.

According to Cointelegraph, Ethereum core developers are contemplating a substantial increase in the layer 1 gas limit as a key feature for the upcoming Fusaka hard fork, following the Pectra upgrade. The proposal, outlined in Ethereum Improvement Proposal (EIP) 9678, suggests raising the gas limit to 150 million. This proposal was introduced on April 23 by Sophia Gold, a developer with the Ethereum Foundation's protocol support team. During the recent All Core Devs Execution (ACDE) meeting, discussions centered on making the gas limit increase a priority for Fusaka, as highlighted by Ethereum core developer Tim Beiko in an April 24 meeting summary. Beiko noted that an EIP has been drafted to align client defaults and maintain this as a priority. Although unconventional, this approach is not without precedent, as seen with EIP-7840. The plan is to merge the EIP early next week and formally include it in the next ACDE. The developers anticipate identifying necessary in-protocol changes to support a higher gas limit, which may lead to additional EIPs being incorporated into Fusaka, despite the fork's scope being finalized. The Pectra upgrade is set to launch on the mainnet in May, with Fusaka potentially going live in late 2025. The motivation behind increasing the gas limit stems from a strong interest in scaling layer 1 execution, which could be achieved by implementing new features. However, this requires guidance from execution layer developers, as higher gas limits may reveal bugs in clients that need addressing. This necessitates time for client developers to test and resolve any issues, making it sensible to include this as an EIP in a hard fork. While the gas limit is ultimately determined by validators, the developers agreed that having an EIP to coordinate client defaults would help prioritize this initiative and ensure all clients update their defaults by the time Fusaka is operational. The average Ethereum gas limit was approximately 30 million following an increase in August 2021, according to Ycharts data. Validators supported raising the network's gas limit on February 4, increasing the maximum gas used for transactions in a single Ethereum block to just under 36 million, as per Ycharts data.

According to Cointelegraph, Ethereum's approach to scaling through multiple layer-2 networks, each with distinct transaction processing speeds and parameters, offers the network a potentially limitless array of high-throughput chains. Anurag Arjun, co-founder of Avail, a unified chain abstraction solution, highlighted this aspect in a recent interview. Arjun noted that Ethereum's strategy differs fundamentally from high-throughput competitors with monolithic architectures. The rollup-centric roadmap allows various teams to experiment with diverse execution environments and block times, fostering a range of high-throughput sidechains rather than a singular architecture on any monolithic layer-1. However, Arjun cautioned that without true interoperability, transitioning between L2s remains as complex as bridging assets across different blockchain ecosystems. Arjun's viewpoint contrasts with critics of Ethereum's L2-focused approach, who argue that these scaling solutions isolate liquidity and ultimately undermine the base layer. Critics claim that L2s contribute significantly to Ether's (ETH) poor price performance over the past year. Meanwhile, Ethereum's layer-1 network fees reached five-year lows in April 2025, with average transaction fees around $0.16. Brian Quinlivan, marketing director at Santiment, an onchain analytics firm, suggested that the fee reduction indicates decreased demand for the base layer and diminishing investor interest in Ethereum. Quinlivan noted in an April 16 blog post that the drop in fees coincides with fewer ETH transactions and interactions with smart contracts, including those in decentralized finance, digital collectibles like non-fungible tokens (NFTs), and other digital asset sectors. The decline in Ethereum's base layer transaction fees and waning retail interest has led many institutional investors to reduce their Ether allocations and revise their price outlooks for the digital asset, which ranks as the second-largest by market capitalization. This situation has sparked discussions about the future of Ethereum's scaling strategy and its impact on the network's overall performance and investor sentiment.

According to PANews, Cardano founder Charles Hoskinson expressed skepticism about Ethereum's long-term prospects during an AMA session on Wednesday. Hoskinson, who is also a co-founder of Ethereum, highlighted three major structural flaws in the blockchain: an erroneous economic model, virtual machine design, and consensus mechanism. He criticized Layer 2 solutions as "parasitic systems" that fail to address core scalability issues and instead extract value from the main chain. Despite Ethereum currently holding the largest total value locked (TVL), Hoskinson compared its situation to former tech giants MySpace and BlackBerry, predicting that users will gradually migrate to other ecosystems, particularly the Bitcoin DeFi system.

According to Foresight News, data from Glassnode reveals that since the end of March, the Relative Strength Index (RSI) for Ethereum's conviction buyers has remained at 80. Meanwhile, the RSI for sellers incurring losses peaked on April 16 and is currently cooling down, with the RSI now below 50. Foresight News notes that the RSI is a technical indicator used to assess whether a market is overbought or oversold, ranging from 0 to 100. Typically, an RSI above 70 suggests an overbought condition, while an RSI below 30 indicates an oversold market.

On Apr 23, 2025, 22:35 PM(UTC). According to Binance Market Data, Ethereum has crossed the 1,800 USDT benchmark and is now trading at 1,801.76001 USDT, with a narrowed 3.12% increase in 24 hours.

According to Odaily, Ethereum core developer timbeiko.eth announced on the X platform that the upcoming Pectra update will introduce features to improve the effective balance of validators for stakers. This development allows smaller operators to directly enhance their staking value, while larger operators can consolidate validators to reduce bandwidth usage in the peer-to-peer network. Additionally, the update eliminates the pre-merge proof-of-work follow distance, shortens the delay in processing validator deposits, and introduces execution layer-triggered withdrawals, thereby establishing a more trustless staking structure.

According to Odaily, Tim Beiko, the Protocol Support Lead at the Ethereum Foundation, announced that the Pectra upgrade is set to be executed on Ethereum on May 7. The expected epoch height for this upgrade is 364032.

According to Odaily, Nick Tomaino, founder of 1confirmation, shared insights on the X platform about his recent conversation with Ethereum co-founder Vitalik Buterin. Tomaino emphasized that the Ethereum Foundation is dedicated to creating a trustworthy and neutral infrastructure for developers. However, he noted that the largest group currently interested in Ethereum consists of ETH investors, suggesting that the foundation should prioritize this demographic. Vitalik Buterin agreed with Tomaino's perspective and expressed enthusiasm for Tomaino's leadership in this area, highlighting ETH as a reliable and internet-native value storage tool. Buterin, while not opposed to business and capitalism, is distinct in his approach, as he does not pursue money and attention like others.

According to PANews, a trader known for FOMO (Fear of Missing Out) behavior has experienced substantial financial losses due to high buying and low selling strategies. Six months ago, the trader purchased 1,805 ETH at $3,559 each, spending a total of $6.42 million. Two weeks ago, driven by panic, the trader sold the holdings at a 56% loss, incurring a $3.6 million deficit. Today, following a rise in Ethereum's price, the trader repurchased 1,734 ETH at $1,792 each, spending $3.11 million.

On Apr 23, 2025, 10:58 AM(UTC). According to Binance Market Data, Ethereum has crossed the 1,800 USDT benchmark and is now trading at 1,804.77002 USDT, with a narrowed 10.83% increase in 24 hours.