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$TAO Shaking Off the Dust Charging Higher Again❗$TAO just bounced back sharply from $337.6 to $354.4, flashing a clean trend reversal with RSI now climbing to 72.5 momentum's heating up fast! Buyers seem ready to chase higher levels. Long Trade Setup: Entry Zone: $350 – $355 TP1: $362 (first breakout check) TP2: $375 (major psychological resistance) Stop-Loss: Below $345 to manage risk With 62% of the order book tilted to buyers, this rocket might just be refueling for another blastoff! buy and trade here $TAO
Ethereum's Role as a Global Blockchain Network Foundation Discussed by ZKsync CEO 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. $ETH $ZK