News

On Mar 04, 2025, 05:06 AM(UTC). According to Binance Market Data, Ethereum has crossed the 2,100 USDT benchmark and is now trading at 2,107.389893 USDT, with a narrowed narrowed 14.12% decrease in 24 hours.

According to CoinDesk, Ether (ETH) is experiencing a significant downturn, reaching levels not observed since November 2023. This decline is attributed to ongoing market volatility, exacerbated by U.S. President Donald Trump's threats of a trade war. In the past 24 hours, ETH has dropped by 15%, as reported by CoinDesk Indices data. This decline has also impacted the CoinDesk 20, an index tracking the largest digital assets, which has fallen by 16%. Over the last three months, Ether's performance has been hindered by bearish investor sentiment. This sentiment is evident in its underperformance compared to Bitcoin (BTC) and a lack of strong institutional demand. Additionally, macroeconomic factors such as trade war fears, inflation concerns, and stock market instability have further reduced risk appetite among investors. Data from CoinGlass indicates that approximately $165 million in ETH long positions have been liquidated within the last 12 hours. Meanwhile, on the prediction market platform Polymarket, bettors are assigning a 76% probability that Ether will reach $1900 by the end of the month. Furthermore, Ether ETF outflows were notably negative last week, with SoSoValue data showing a withdrawal of $335 million. This trend highlights the ongoing challenges faced by Ether in the current economic climate.

According to BlockBeats, on March 4, on-chain data revealed that at 8:39:35 UTC+8, a transaction on the Ethereum mainnet involved a gas fee of 58.76 ETH, equivalent to $125,710.

On Mar 03, 2025, 20:42 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,100 USDT and is now trading at 2,099.120117 USDT, with a narrowed 15.84% decrease in 24 hours.

On Mar 03, 2025, 18:39 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,200 USDT and is now trading at 2,197.300049 USDT, with a narrowed 11.02% decrease in 24 hours.

According to BlockBeats, on March 4, the Ethereum Foundation announced the establishment of a new research organization named ZKnox. This initiative aims to enhance the security and efficiency of the Ethereum network. ZKnox will focus on post-quantum cryptography and has optimized the implementation of the Number Theoretic Transform (NTT) to improve the computational efficiency of post-quantum signature verification.

According to Binance Market Data, Ethereum (ETH) dropped below 2,300 USDT and is now trading at 2,298.699951 USDT, with a 4.65% increase in 24 hours.

According to Odaily, Bitcoin has long been regarded as 'digital gold,' but Ethereum has quietly surpassed it in a key area: supply expansion. Since The Merge in September 2022, Ethereum's supply growth rate has been lower than Bitcoin's, challenging the long-held assumption that Bitcoin is the best form of sound money. Unlike Bitcoin's fixed cap of 21 million BTC, Ethereum's design is adaptable, allowing its supply to expand or contract based on network activity. While Bitcoin ensures absolute scarcity, Ethereum offers more adaptability and flexibility, adjusting according to market conditions. If sound money implies supply growth, Ethereum has unexpectedly outperformed Bitcoin in recent years.

According to PANews, the ETHDenver 2025 conference took place from February 27 to March 2 at the National Western Complex in Denver, Colorado. Mason Nystrom, an investor at Pentera, shared his insights on the event after engaging with builders and investors.The market sentiment on Crypto Twitter appears pessimistic, but it does not fully represent the broader outlook. While memecoin speculators are frustrated and investors hold a short-term bearish consensus, the regulatory environment is becoming more favorable. There is growth in legitimate stablecoins, and more real-world assets and traditional finance are moving on-chain. Long-term optimism remains strong, although the next catalyst is still unknown.In terms of development, there is significant interest in AI, with builders excited about its potential impact. However, the market is noisy, making it challenging to identify quality projects. DePIN and robotics are gaining attention, with companies building hardware or data collection networks for robots. Energy DePIN is also a focus, with opportunities for new projects.DeFi continues to see substantial development, with new lending protocols, stablecoins, and interfaces emerging. PayFi and DeFAI show some overlap. The zkTLS technology offers real use cases, but its success depends on commercialization rather than technical implementation.Stablecoins, though less discussed on Crypto Twitter, are a major focus for investors, primarily through equity deals. Many businesses are being built around stablecoin market opportunities.Bitcoin, Ethereum, and Solana remain key players. Bitcoin is seeing the launch of many Layer 2 solutions, aiming to capture deposits and improve lending. Ethereum builders are optimistic about high-throughput chains, with new developments like FlashBlocksTM and Unichain. Solana, despite being at ETHDenver, continues to attract interest, with ongoing DePIN narratives and the launch of more SVMs, necessitating interoperability.In venture capital, pre-seed and seed-stage investments feel slow in returns. High expected valuations in public markets have led some funds to hold back. Most investments focus on liquidity and Series A rounds, with Series B markets improving compared to six months ago. Recent market adjustments have led to a reevaluation of token valuations, emphasizing the importance of revenue and fees over trends and narratives. Establishing conviction is more crucial than ever.

On Mar 03, 2025, 06:40 AM(UTC). According to Binance Market Data, Ethereum has dropped below 2,400 USDT and is now trading at 2,385.709961 USDT, with a narrowed narrowed 7.07% increase in 24 hours.

According to PANews, Christine Kim, Vice President of Research at Galaxy Digital, shared an update on the Ethereum Holesky testnet via the X platform. Developers convened on Friday to discuss implementing significant penalties and expediting the exit of inactive validators. However, there appears to be a shortage of active validators on the testnet, leading to a lack of confidence in advancing the plan. Consequently, developers decided to extend the timeframe over the weekend to allow more active validators to join Holesky, with a coordinated penalty action planned by Monday at the latest. Participants running Holesky validators are urged to bring them online promptly and remove their slashing protection database. Additionally, during the Holesky event, another vulnerability affecting the Geth and Nethermind clients was reported through the Pectra audit competition. It is important to note that this issue is unrelated to the previously reported deposit contract address misconfiguration vulnerability.

On Mar 02, 2025, 17:44 PM(UTC). According to Binance Market Data, Ethereum has crossed the 2,500 USDT benchmark and is now trading at 2,508.800049 USDT, with a narrowed 14.04% increase in 24 hours.

On Mar 02, 2025, 16:40 PM(UTC). According to Binance Market Data, Ethereum has crossed the 2,400 USDT benchmark and is now trading at 2,417.310059 USDT, with a narrowed 10.51% increase in 24 hours.

On Mar 02, 2025, 16:35 PM(UTC). According to Binance Market Data, Ethereum has crossed the 2,300 USDT benchmark and is now trading at 2,301.639893 USDT, with a narrowed 5.84% increase in 24 hours.

According to Odaily, Deribit's Asia-Pacific Business Head, Lin Chen, reported that Ethereum ETFs have faced substantial outflows this week, totaling $335.5 million. This resulted in a net reduction of 134,100 ETH. Most institutions did not experience net inflows, with $ETHE and Fidelity reducing their holdings by 31,038.92 ETH and 23,271.13 ETH, respectively. BlackRock saw an even larger outflow of 69,351.74 ETH. Currently, the price of ETH is hovering around $2,200, with the DVOL volatility index at 66.21. The ETH/BTC exchange rate has reached a new low of 0.0257.

According to Cointelegraph, Ethereum's much-anticipated Pectra upgrade is expected to play a pivotal role in shaping the next phase of the 2025 cryptocurrency market cycle. Despite Ether's recent underperformance compared to Bitcoin, analysts remain optimistic about its future prospects. The price of Ether (ETH) experienced a significant decline of over 32% in February, reaching a local low of $2,073 before rebounding to its current value of $2,245, as per Cointelegraph Markets Pro data. The Pectra upgrade, set for March 5, is anticipated to alleviate long-term selling pressure, according to Gabriel Halm, a research analyst at blockchain intelligence firm IntoTheBlock. Halm noted that while the upgrade may not immediately boost prices, it represents a crucial advancement in the ongoing enhancements to the Ethereum ecosystem. By reducing consensus overhead and enhancing Layer 2 scalability, the upgrade is expected to increase the network's overall capacity, thereby strengthening its competitive position. Furthermore, Ethereum Improvement Proposal (EIP)-7251 will raise the validator staking limit from 32 ETH to 2,048 ETH, facilitating easier compounding of earnings for validators and potentially reducing sell pressure over time. The substantial monthly correction in Ether's price may indicate a setup for the next upward movement, based on fractal patterns from the 2017 cycle, as shared by popular crypto trader Merlijn The Trader in a recent post. In the realm of crypto trading, technical traders utilize price fractal patterns to identify key support and resistance levels and potential trend reversals based on historical data. In parallel with these developments, the Ethereum Foundation has announced a leadership restructuring in response to criticism from community members who argue that the network is losing direction due to competition from high-throughput chains and layer-2 solutions. The Foundation introduced a new leadership structure with two co-directors: Hsiao-Wei Wang, a core researcher at the Ethereum Foundation, and Tomasz Stańczak, CEO of Nethermind, one of the largest execution clients on Ethereum. Wang and Stańczak will assume their roles on March 17, bringing extensive experience and leadership to the Foundation. This leadership change occurs amid growing concerns that layer-2 scaling solutions are cannibalizing Ethereum, and competition from emerging high-throughput chains is eroding investor confidence. To address these issues, Ethereum co-founder Vitalik Buterin outlined a strategy in a January blog post, which includes increasing the blob count to enhance transaction capacity and encouraging layer-2 solutions to contribute a portion of their fees to the base layer.

According to PANews, Ki Young Ju, founder and CEO of CryptoQuant, shared a tweet by Vitalik Buterin on the X platform, highlighting concerns about Ethereum's internal dynamics. Buterin emphasized the need for new talent within the Ethereum community, suggesting underlying issues within the organization. Ju pointed out several risks facing Ethereum, including a lack of respect between the leadership and the team, leading to potential distrust. He also noted that skilled developers are choosing to work elsewhere, which could impact Ethereum's growth and innovation. Additionally, Ju mentioned that Ethereum's leaders are considering stepping down, but there is no clear successor in place. This uncertainty could pose challenges for the platform's future stability and direction. Ju's comments reflect a broader concern about Ethereum's internal cohesion and leadership structure.