Crypto developments making waves today:
Ronin Network reinvents itself as an Ethereum Layer-2
Formerly known for powering the Axie Infinity gaming ecosystem, Ronin is now embracing the Ethereum network as a full-fledged Layer-2 solution. The goal: faster, cheaper transactions and broader interoperability across DeFi and NFTs. This move marks a major shift away from its gaming roots toward mainstream blockchain utility.
Ethereum whale shifts $47M to Kraken during unstable staking climate
A high-profile Ethereum investor recently moved 10,819 ETH into Kraken—valued at approximately $47 million—as part of a broader unstaking trend on the network. This maneuver signals active portfolio management amid evolving market dynamics.
Ethereum ETFs spark $2.3B institutional inflows
The growing launch of U.S. spot Ethereum ETFs has attracted massive institutional investment. The scale and scope of these inflows suggest Ethereum's rising legitimacy as a mainstream financial asset.
