Ethereum · News archive

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Ethereum

NFT sales rise to $39.85m as Pudgy Penguins jump 125%

NFT sales reached $39.85 million over the seven days to Oct. 10, up 0.90% from the previous week, as Ethereum retained its blockchain lead and Pudgy Penguins sales more than doubled. According to data from CryptoSlam, weekly NFT sales totaled…

Ethereum

Ethereum price at $2,500 crossroads as Supertrend turns bearish

Ethereum price has recovered to around $2,493 after a sharp fall toward $2,400, but its daily Supertrend has turned bearish, and the 4-hour chart still shows negative money flow. Ethereum price struggles to recover $2,500 TradingView’s Binance ETH/USDT daily chart…

Ethereum

Ethereum Price Dip to $2.42K Liquidates a $69M Whale Who Reloaded Again

A Hyperliquid whale lost 28,716 ETH worth $69.69 million to forced liquidation in the overnight crash. Within half an hour it had wired in fresh margin and opened a new ether long. The Position Before the Drop The whale first surfaced on Oct. 7, when onchain trackers traced margin deposits into three Hyperliquid addresses. Together […]

Ethereum

Ethereum’s Glamsterdam upgrade could ease DeFi congestion, Curve says

Curve Finance has said Ethereum’s Glamsterdam upgrade could give complex DeFi transactions more reliable access to blockspace, citing mainnet checks in which a leveraged borrow used about 1.84 million gas against 125,000 for a direct stablecoin swap. Curve Finance, the…

Ethereum

Ethereum Price Cracks as 3 Prediction Markets Make Their Calls

Ethereum’s latest selloff has prediction markets pulling in three different directions. Ether fell through $2,600 on Wednesday as U.S. spot ether ETFs logged a sixth straight day of outflows, yet Myriad traders still give ETH a 73.7% shot at hitting $3,000 before $1,500. Polymarket is far less enthusiastic, pricing a $3,000 touch before year-end at […]

Ethereum

Pudgy Penguins Team to Shutter Ethereum Layer 2 Network Abstract

Another Ethereum Layer 2 chain bites the dust: Just days after the creators of the once-hyped Blast said they’re shutting down the scaler, Abstract is about to follow suit. On Tuesday, Igloo Inc.—the company behind the crypto-native Pudgy Penguins IP—said that it will shut down Abstract, its Ethereum Layer 2 network that launched in mainnet […]

Ethereum

The shrinking economics of Ethereum layer 2s

Ethereum made rollup transactions cheaper by giving them lower cost data space. The savings helped users and applications, but they also made it harder for a small chain to earn enough from transaction fees to support a sequencer, bridge, security…

Ethereum

Ethereum Economic Zone Runs Atomic L1-L2 Transfer on Mainnet

This week, the Ethereum Economic Zone (EEZ) initiative’s core contributor, Eduardo Antuña Díez, revealed a technological advancement by showcasing an atomic Layer 1 (L1) to Layer 2 (L2) transaction on Ethereum’s mainnet. The developer further noted that atomic synchronous composability was “no longer a promise.” EEZ Showcases an Atomic L1-to-L2 Transfer on Ethereum Mainnet On […]

Ethereum

Ethereum price eyes $2,800 as analysts await range breakout

Ethereum price has held near $2,718 on Oct. 6 as positive short-term money flow and bullish analyst views face a five-session withdrawal streak from US spot Ether ETFs. ETH remains above nearby technical support, but its recent trading range leaves…

Ethereum

Ethereum Glamsterdam hits Sepolia with 200 million gas limit test

Ethereum’s Glamsterdam upgrade has gone live on the Sepolia testnet, moving its 2026 scaling package into one of its final public testing stages before a planned mainnet activation. According to Ethereum community contributor Pooja Ranjan, the upgrade activated on Sepolia…

Ethereum

Ethereum is testing how much cheaper block space it can safely create

Ethereum has prepared to test a 200 million gas limit on Sepolia under the Glamsterdam upgrade, putting more than three times the network’s previous block capacity through a public test before developers decide what could eventually work on mainnet. According…

Ethereum

Tom Lee’s Bitmine Nears 5% of Ether Supply With $41M ETH Buy

Publicly traded ether treasury firm Bitmine Immersion Technologies announced Monday that it has edged closer to its stated goal of obtaining 5% of the circulating ETH supply, adding about $41 million worth of the cryptocurrency to its holdings over the last week. Bitmine Nears 5% ETH Supply Target Bitmine said Monday that it obtained an […]

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