The launch of Eclipse is one of the most hyped network launches of the year, with the hybrid blockchain project securing over $65 million in funding prior to its launch on Nov. 7.
Ethereum news
In November, L2s have been posting some 3x more transaction data each day to mainnet than they did in March.
More Ether-related ETFs could help ETH prices rise above the old all-time high of $4,800, recorded nearly three years ago.
The Ether whale moved the funds for the first time in eight year with 800x gains as ETH price edged above $2,800.
The Ethereum Foundation launches Mekong, a short-term testnet allowing developers to explore UX and staking updates for the upcoming Pectra fork.
The bumper inflow day came despite BlackRock’s leading fund, ETHA, showing a net zero flow.
Ether traders argue the asset is still “too cheap” and is due for a “monster rally” as it neared the $2,900 price level.
DeFi firms have feared implementing “value accrual mechanisms” for their tokens under the SEC’s oversight — but that could change with president-elect Donald Trump.
One market analyst said there’s “no reversal in sight” for Ethereum’s value against Bitcoin.
Swift, UBS and Chainlink aim to modernize traditional finance by enhancing tokenized fund processes with blockchain.