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news-imageJanuary 22, 2025

SOON, the Ethereum Layer 2 using the Solana Virtual Machine, raised $22 million in an NFT sale ahead of mainnet launch

Unlike other Ethereum L2s, “the first true SVM rollup" uses the Solana Virtual Machine to speed transaction settlement times.
Publisher: The Block
Sentiment: Positive
ETH
SOL

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Positive
cover-imageCryptoSlate
January 22, 2025

Tron's Justin Sun calls for Ethereum to tax layer-2s, start staking to get price to $10k

Justin Sun, the founder of the Tron network, has unveiled an ambitious strategy to transform Ethereum's ecosystem and push its price to $10,000. In a Jan. 22 post on X, Sun detailed how changes in supply management, operational strategy, and fiscal policies could reshape the trajectory of the second-largest digital asset by market capitalization.

Negative
cover-imageCryptopolitan
January 22, 2025

Ethereum core developer departs, blames Ethereum Foundation leadership

On January 21, Ethereum core developer Eric Conner announced his departure from the community, citing his discontent with the Ethereum Foundation (EF) leadership decisions. The announcement came after co-founder Vitalik Buterin dismissed calls for a shakeup in the current leadership and claimed sole authority over the organization.

Positive
cover-imageCryptoSlate
January 22, 2025

Coinbase resolves Solana transaction delays, pledges tier 1 support

Coinbase CEO Brian Armstrong announced that the exchange has resolved all pending Solana transaction delays—a response to growing user frustrations over slow processing times. On Jan. 22, he shared the update on the social media platform X, confirming that Solana transactions are now functioning as expected, with canceled transactions eligible for retries.

Positive
cover-imageCrypto Economy
January 22, 2025

EigenLayer Rolls Out Rewards v2 Upgrade on Ethereum Mainnet

TL;DR EigenLayer has launched its Rewards v2 upgrade on the Ethereum mainnet, enhancing flexibility, efficiency, and customization in the reward system. Key features include operator-specific rewards, variable fees for Actively Validated Services (AVSs), and batch reward collection to reduce gas fees.

Positive
cover-imageThe Currency Analytics
January 22, 2025

Donald Trump's WLFI Holds $184M in Ethereum, Pushing Ethereum's Value

World Liberty Financial (WLFI), a prominent crypto project backed by the Trump family, has made a significant bet on Ethereum (ETH), holding an impressive 56,969 ETH, valued at $184 million. This substantial position represents 57% of WLFI's total portfolio, signaling the project's confidence in Ethereum's long-term prospects.

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