Ethereum | Crypto

Ethereum’s recent Pectra upgrade is sparking a surge in smart account usage, redefining how users interact with the network. Data compiled by Base analyst 0xKofi from Bundle Bear shows that more than 26,000 wallets have transitioned to the new smart account format powered by the EIP-7702 in the Pectra upgrade. What are smart accounts? EIP-7702 […] The post Over 26,000 Ethereum wallets integrate Pectra upgrade features driving smart wallet adoption appeared first on CryptoSlate.

Ethereum researcher Justin Drake told Cointelegraph that launching a 51% attack on Bitcoin would be “much cheaper” than on Ethereum, estimating the cost at around $10 billion. Ethereum Merge architect Justin Drake told Cointelegraph that it would be cheaper to launch a 51% attack on Bitcoin than on Ethereum. Drake said it would be “much cheaper to 51% attack Bitcoin” and that it would cost “on the order of $10 billion.” Drake led work on Ethereum’s proof-of-stake (PoS) implementation and was a principal architect in the Merge (the full PoS transition event). His remarks echo a May 14 X post by Grant Hummer, the co-founder of Ethereum-focused marketing and product company Etherealize. Read more

Tether mints $1 billion of USDT on Tron, pushing its authorized supply above Ethereum’s as the two networks battle for stablecoin dominance. Stablecoin issuer Tether minted another 1 billion USDt tokens on Tron, pushing the network’s authorized USDT supply to surpass Ethereum’s. On May 15, blockchain data showed that Tether’s treasury minted $1 billion of its dollar-pegged stablecoin, USDt (USDT), into the Tron network.  As of May 14, Tether’s stablecoin transparency page shows that Tron’s authorized USDT totals $73.7 billion, while Ethereum has $74.5 billion in authorized USDT tokens. If the newly minted tokens are added to the number of authorized USDT assets, Tron’s supply surpasses Ethereum’s.  Read more

Ethereum price could hit new all-time highs if AI adoption, spot ETH ETF inflows and the improvements of the Pectra upgrade move in the right direction. Key takeaways: A longer-term ETH price rally is dependent on SEC approval of in-kind ETF creation and staking to attract more investors. AI adoption and Ethereum layer-2 growth must drive onchain activity to restore the network’s deflationary burn mechanism. Read more

Ethereum's crypto market dominance has reached its most overheated levels since May 2021, which may lead to a sharp pullback in ETH prices. Key takeaways: Ethereum’s market dominance has hit overbought RSI levels not seen since May 2021, historically followed by major pullbacks. ETH/USD is showing a bearish divergence on the four-hour chart, hinting at a potential 10–15% price correction. Read more

Ripple (XRP) joined Ethereum (ETH) as a top performer, rising 2%.

Vitalik Buterin backs RISC-V, an open-source chip architecture, to future-proof smart contracts with greater decentralization, lower costs and long-term hardware independence. RISC-V, pronounced “risk five,” is a modern open-source instruction set architecture (ISA) based on reduced instruction set computer (RISC) principles. In simple terms, it’s like a blueprint that defines a set of instructions that a processor can execute. RISC-V is designed to be highly modular, efficient and flexible. Originally developed by the University of California in 2010, the open-source framework gives developers the flexibility to tailor its functionality and use cases, plus offers cost savings compared to proprietary ISAs like ARM or x86. This offers a wide range of uses, from supercomputers to smartphones and now blockchains like Ethereum. Read more

Veteran trader Peter Brandt said Ethereum price could "moonshot" to new highs if it can break out of a congestion pattern. Key Takeaways: Veteran trader Peter Brandt suggests a potential Ethereum rally to $3,800–$4,800 if ETH breaks above a rising wedge pattern. A short-term pullback may occur as the taker buy-sell ratio drops below one, signaling caution from futures traders. Read more

Ethereum’s bullish fractals, emerging altseason signals, and strength over SOL, XRP fuel $10,000 ETH price target speculation. Key takeaways: Ether has rebounded from key parabolic and triangle support levels, reviving the case for a $10,000 breakout. Historical fractals and RSI recovery mirror past pre-rally setups seen in 2016 and 2020. Read more

Growing risk appetite following US tariff deals and Pectra upgrade has improved the Ethereum market's upside outlook. Key takeaways: Ether is set for its best weekly gain since May 2021. Ethereum’s Pectra upgrade, mega-whale accumulation, and a major short squeeze fuel the rally. Read more

Ethereum price catches a bid as regulatory and investor sentiment shift in ETH’s favor. Key takeaways: ETH price rallied by 22% on May 8, but demand for spot ETH ETFs and derivatives remains muted.  President Trump’s reversal on certain altcoins aligns with ETH’s renewed outlook.  Read more

The increase in Ether’s staking cap from 32 to 2,048 ETH could make the feature more attractive to institutional participants. Ethereum’s Pectra upgrade doesn’t pose a threat to decentralization, according to Mallesh Pai, senior research director at blockchain software firm Consensys, describing the update as a cleanup of the behind-the-scenes “busy work” currently handled by validators. During a May 9 Cointelegraph X Space, Pai said a validator’s chances of proposing a block or earning rewards remain tied to how much ETH they hold, adding that larger validators don’t gain any new advantages under the upgrade: Pectra is Ethereum’s most extensive network upgrade since the Merge took place in September 2022. Pectra allows validators to stake as much as 2,048 ETH, up from the previous limit of 32 ETH. The new standard has raised community concerns about the risks of centralization on the network. Read more

Some $777 million worth of shorts have been smashed in the last day, with Ethereum doing the most damage as it rises alongside Bitcoin.

Crypto banking group Sygnum says it doesn’t expect Solana to beat Ethereum in the medium term, partly due to the blockchain’s revenues being too tied to memecoins. Solana has yet to show convincing signs that it could surpass Ethereum as the preferred blockchain for institutions, as its revenue, heavily reliant on memecoins, is considered unstable, according to crypto bank group Sygnum. In a May 8 blog post, Sygnum said that the current sentiment around Ethereum “remains poor,” with the market focused on Solana’s “transaction volumes and its recent dominance in fee generation.” However, Sygnum said “the medium-term outlook will primarily be shaped by traditional financial institutions’ platform choices to bring their product offerings,” not by sentiment. Read more

Has Ethereum been too complacent about fees? It no longer has the “luxury of being a peace-time research project,” said one conference panelist. Layer 2s have been a great blockchain success story. They’ve reduced congestion on the Ethereum mainnet, driving down gas fees while preserving security. But maybe they’ve become too successful, drawing chain activity and fee income from the parent that spawned them? At least that’s what some are suggesting lately, most recently at Cornell Tech’s blockchain conference in late April. Indeed, some think Ethereum should be a little greedier, or at least fight harder for a bigger part of the revenue pie, particularly sequencing fees.  Read more

Ethereum has gained 11% over the past 24 hours at the time of writing and has broken through $2,000 for the first time since March.

Ether price breaks out due to strengthening network activity and an increasing TVL, as the technical setup points to a further upside. Key takeaways: Ether breaks multimonth downtrend as traders target $3,000 ETH price. Ethereum TVL surges 41% to $52.8 billion in 30 days, with a 22% rise in daily transactions to 1.34 million, signaling strong network recovery. Read more

Ethereum developers have activated the network's Pectra upgrade, bringing smart accounts, higher staking limits and improved scalability through key EIPs. Ethereum — the network that unleashed smart contracts on the world — moves on to the next chapter with today’s Pectra upgrade, but what does it mean? Pectra went live on the Ethereum mainnet at the start of epoch 364032, May 7, 2025, at about 10:00 am UTC. The three main Ethereum improvement proposals (EIPs) included are EIP-7702, EIP-7251 and EIP-7691. EIP-7702 allows externally owned accounts to act as smart contracts and cover gas expenses (transaction fees) and payments in tokens that are not Ether (ETH). EIP-7251 increases the validator staking limit from 32 ETH to 2,048 ETH, which makes operations for large stakers easier and simpler. Read more

Despite all signs pointing to success, 100 devs will anxiously scan the Ethereum network for problems after the Pectra fork goes live tomorrow Ethereum developers will be holding their breath for the 12 minutes it takes to work out if Ethereums Pectra hard fork has finalized properly after its deployed tomorrow. During every Ethereum hard fork, there is roughly a 12-minute period the time it takes for two epochs where over a hundred tireless Ethereum developers vigilantly monitor the state of the network for signs of problems, wondering, Did we do enough? Every time Ethereum goes through a major hard fork which is like replacing components of an airplane in mid-flight theres a niggling chance that something could go horribly wrong.  Read more

Converging trend lines in this ETH chart technical analysis indicate grounds for a bullish break to the north. That's a potential opportunity, as Vitalik Buterin outlines the 2025 roadmap for Ethereum.