According to data from DefiLlama, restaking protocol EigenLayer currently has approximately $15.4 billion in total value locked.
Ethereum news
Strong price performance and staking could propel Ether ETF inflows in 2025, analysts say.
Ethereum core developer Eric Connor said increasing gas limits could result in a 15% to 33% reduction in transaction fees.
Lens will give users ownership of their data and a chance for monetization when the mainnet launches early next year.
The launch follows a successful testnet period where 50 projects were deployed and more than 24.72 million transactions were completed.
The Australian financial services regulator has sued Binance Australia Derivatives for allegedly misclassifying over 500 retail clients, denying key legal protections.
The non-fungible token (NFT) project’s new token has had a lackluster debut in the early hours of trading.
ETH continues to show strength after Ethereum’s rally above $4,000 and bulls appear to be targeting the 2021 all-time highs under $5,000 and beyond.
Some analysts predict Ether could surpass its all-time high during the first quarter of 2025, while Santiment shows an average of 130,000 Ethereum addresses were created this month.
Prominent Ethereum devs say significantly raising gas limits will increase network capacity and innovation, but others say too big of an increase would pose serious risks to stability and security.