Removing intermediaries with account abstraction is a “core principle of non-ugly cypherpunk Ethereum,” said Buterin. Ethereum account abstraction, or smart accounts, will be shipped with the Hegota upgrade “within a year,” said Vitalik Buterin on Saturday. “We have been talking about account abstraction ever since early 2016,” said the Ethereum co-founder over the weekend. He added that now, “we finally have EIP-8141, an omnibus that wraps up and solves every remaining problem that AA [account abstraction] was intended to address (plus more),” and it is slated for deployment this year. Read more
TPS breakthroughs get engineers excited, but TradFi is looking at Ethereum because that’s where the liquidity is, says Kevin Lepsoe of ETHGas. Ethereum continues to host the largest concentration of stablecoins and decentralized finance (DeFi) capital, even as successive waves of faster networks emerge. Newer blockchains have promised higher throughput and lower costs, raising questions about whether institutional capital could eventually migrate away from Ethereum. Kevin Lepsoe, founder of ETHGas and a former Morgan Stanley derivatives executive in Asia, said he expects Ethereum’s lead to endure, as institutions tend to prioritize capital depth over flashy performance. Read more
Ether’s drop to $1,800 reflects weak technicals and onchain signals that point to continued downside risk as Ethereum ETF outflows persist. Ether (ETH) dipped below $1,900 during Asian trading hours on Tuesday, extending 30-day losses to 38% as President Donald Trump's tariffs soured investor sentiment. Several market and technical indicators show that the ETH price may fall further before any recovery attempts by the bulls. Key takeaways: Read more