3 reasons why Ethereum price is still pinned below $1,900
PayPal’s stablecoin announcement and a handful of Ether ETF applications are bulls’ biggest hopes for a price trend reversal. Go to Source
Scaling
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Healthy competition welcome – Polygon zkEVM lead
Prominent Ethereum development firms have rolled out varying zero-knowledge scaling solutions that are driving healthy competition in the ecosystem. Go to Source Powered by WPeMatico
Ethereum scaling protocols drive zero-knowledge proof use in 2023
Ethereum scaling remains the primary use case behind zero-knowledge proofs according to a report from ZKValidator. Go to Source Powered by WPeMatico
ConsenSys launches Linea zkEVM to further scale Ethereum
ConsenSys rolls scaling network Linea, which delivered faster throughput and 15 times lower transaction costs than Ethereum’s layer 1. Go to Source Powered by WPeMatico
Account abstraction will drive a billion users from Asia to Web3: ConsenSys exec
In addition to “smart accounts” Ethereum adoption will be boosted by Web3 gaming along with zkEVM scaling and security, says Laura Shi. Go to Source Powered by WPeMatico
Binance’s BNB Chain introduces layer-2 testnet powered by Optimism
The Binance-founded blockchain has introduced a new layer-2 chain opBNB, though some suggest there are other ways to scale the network. Go to Source Powered by WPeMatico
Bitcoin and select altcoins show resilience even as the crypto market sell-off continues
Regulatory enforcement against the crypto sector has spooked investors, but the total crypto market capitalization continues to hold above $1 trillion. Go to Source Powered by WPeMatico
Germany’s Deutsche Telekom plugs in as Polygon validator
The German telecommunications firm looks to leverage its infrastructure in Web3, plugging in as a network validator for Ethereum scaling protocol Polygon. Go to Source Powered by WPeMatico
Google Cloud to optimize Polygon zkEVM scaling performance
Polygon Labs and Google Cloud will team up in a multi-year agreement to drive the development and adoption of the Ethereum scaling protocol’s infrastructure and developer tools. Go to Source Powered by WPeMatico
DeFi driving zkSync growth as 1inch deploys on Ethereum layer-2 scaling platform
1inch Network is the latest decentralized Finance protocol to deploy on Ethereum layer-2 scaling platform zkSync Era. Go to Source Powered by WPeMatico