Ethereum’s Shanghai Upgrade Has Failed to Boost Network Activity, JPMorgan Says
Daily transactions, daily active addresses and total value locked on Ethereum have all fallen since the upgrade, the report said.
Network
The Protocol: Ethereum Struggles With Sprawl as Optimism Airdrops $27M
ALSO: Check out our exclusive interview with DYdX founder Antonio Juliano.
Ether Trading at 27% Discount to Fair Value, New Research Shows
Research firm RxR’s blended Metcalfe law-centric valuation model, incorporating active user adoption of layer 2 scaling networks, suggests ether should trade at a market value of $275 billion.
Ethereum’s Holesky Testnet Fails To Launch, in Rare Tech Misstep for the Blockchain
Developers of the Ethereum blockchain say there was a misconfiguration in the genesis files of the test network, and now they plan to try again in about two weeks.
Hello Holesky, Ethereum’s Newest Testnet
The new network comes after years of growth for Ethereum’s developer community and will replace the Goerli testnet.
IOTA Eyes Big Crypto Leagues Again With Series of Network Boosting Plans
These changes are supposed to boost the value of MIOTA tokens and improve network security.
Ether Staking Landscape Gets Boost as SSV Mainnet Seeks to Dispel Centralization Concerns
The launch comes as the staking landscape is dominated by centralized staking providers, which together hold more than 70% of the staked ether (ETH) supply.
BNB Chain’s Layer 2 Network opBNB Goes Live
The Ethereum Virtual Machine (EVM)-compatible L2 chain scalability solution based on Optimism OP Stack expands the BNB Chain ecosystem to provide cheaper gas fees for projects.