Ethereum News

Ethereum News

Markets

Solana’s $2.85B Revenue Rivals Palantir, Robinhood Amid Waning Memecoin Craze

21Shares’ Matt Mena says Solana’s $2.85B in annual revenue shows lasting strength across DeFi, trading and new app sectors even as memecoin mania has cooled.

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Finance

BitMine Immersion Added $821M in Ether, Bringing Cash and Crypto Holdings to $13.4B

The firm extended its lead as the largest ether treasury, holding over 2.83 million in ETH tokens.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

Grayscale Adds Staking to Ethereum and Solana Investment Products in U.S. First

The update applies to Grayscale's Ethereum Trust ETF, Ethereum Mini Trust ETF, and Solana Trust, which have a combined $8.25 billion in assets under management.

Stock market price charts (Anne Nygård/Unsplash)

Tech

How Ethereum’s Fusaka Upgrade Could Be a Game-Changer, Asset Manager VanEck Explains

Global asset manager VanEck says Ethereum’s Fusaka upgrade in December could cut costs for rollups and strengthen ETH’s role as the backbone of onchain activity.

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Finance

ETH Treasury Firm to Tokenize Nasdaq-Listed Shares on Ethereum With Securitize

The move positions FG Nexus (FGNX) among the first Nasdaq-listed firms to bring dividend-paying stock on blockchain rails.

Ethereum (CoinDesk)

Tech

Ethereum’s Fusaka Upgrade Passes Holesky Test, Moves Closer To Mainnet

The next two testnet runs are scheduled for Oct. 14 and 28. After those are complete, Ethereum developers will lock in a date for Fusaka’s full mainnet launch.

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Finance

BitMine Immersion ETH Holdings Rise to 2.66M Tokens, More Than 2% of Total Supply

Crypto, cash and "moonshot" on the balance sheet now total $11.6 billion, said the company.

Ethereum (CoinDesk)

Finance

SharpLink Gaming Set to Tokenize Its Equity on Ethereum With Superstate

The Ethereum-focused treasury firm is also exploring compliant trading of tokenized shares on decentralized markets as part of its partnership with Superstate.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

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The Web Needs a Better Model

Dominated by platform giants like Amazon and Google, the internet has strayed from Web3’s original vision of decentralization, but innovations like state channels now offer a path back by enabling fast, secure, peer-to-peer interactions without trusted intermediaries, says Alexis Sirkia of Yellow Network.

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Tech

The Protocol: Ethereum Developers Target December for Fusaka Hard Fork

Also: Plasma to Launch Mainnet This Week, New Liquid Staking Token for XRP Holders, and ICP Bets Big on AI Tech Stack.

Ethereum Logo (Midjourney / Modified by CoinDesk)