Dragonfly’s Rob Hadick says “there’s a lot of room” in crypto for more than one blockchain as networks race to win market share of tokenized assets. Solana and Ethereum will both thrive in the tokenization race and neither blockchain will push the other out of the space, says Dragonfly general partner Rob Hadick. “They are both Facebook,” Hadick told CNBC’s “Squawk Box” on Wednesday, when asked which blockchain will gain market dominance like social media platform Facebook or fall behind like the once-popular MySpace. Hadick said that with growing interest in tokenization and increasing economic activity onchain, there’s room for multiple blockchains to coexist. Read more
Trend Research’s 46,379 ETH purchase vaults the private company into the top tier of ETH treasuries, behind only SharpLink Gaming and BitMine Immersion Technologies. Trend Research purchased 46,379 Ether (ETH) on Wednesday to raise its holdings to about 580,000 ETH, making it larger than most public Ethereum treasuries tracked by CoinGecko. Only two listed companies, SharpLink Gaming and BitMine Immersion Technologies, currently report bigger ETH balances, with 859,853 ETH and 4,066,062 ETH, respectively. Trend Research is not a publicly listed company and therefore does not appear in most Ethereum treasury rankings. Still, it has drawn industry attention for its rapid ETH accumulation. Read more
Ethereum is increasingly powering tokenized money, faster settlement and regulated onchain infrastructure — even as institutions avoid naming it outright. Wall Street’s adoption of Ethereum is closely tied to its ability to automate settlement through smart contracts, reducing reliance on slow, manual reconciliation processes. Stablecoins and tokenized dollars now serve as a primary entry point for banks, allowing regulated US dollar transfers to move continuously on Ethereum-based rails. Financial institutions often avoid naming Ethereum directly, instead describing it as neutral blockchain infrastructure that supports compliant financial systems. Read more
Synthetix founder Kain Warwick expects other perpetual decentralized exchanges to follow Synthetix back to Ethereum, which is faster than ever. Perpetuals trading platform Synthetix is returning to Ethereum’s mainnet, with its founder arguing the network is now more than capable of supporting high-frequency financial applications after years of network congestion drove derivatives activity elsewhere. “By the time perp DEXs became a thing, the mainnet was too congested, but now we can run it back,” Synthetix founder Kain Warwick told Cointelegraph during an interview on Wednesday. “It’s kind of crazy that there really hasn’t been a Perp DEX on mainnet,” he added, explaining that reduced demand after the perp DEX exodus, combined with ongoing scaling improvements, has made Ethereum layer 1 more viable again. Read more
Ethereum could see another rise in transaction speed in January, with developers considering raising the gas limit to 80 million after the next blob parameter-only hard fork. Transaction throughput on the Ethereum network is set to be boosted again next month, with developers aiming to increase Ethereum’s gas limit from 60 million to 80 million in January. Christine Kim, vice president of the research team at Galaxy Digital, shared a summary of the All Core Developers meeting on Monday, in which Nethermind representatives said developers should be ready to move forward with a gas limit increase after the next BPO hard fork on Jan. 7. Ethereum Foundation developer operations engineer Barnabas Busa, however, noted that two client-level optimizations are needed before another increase in the block gas limit — namely, partial blob responses on the execution layer and the max blobs flag on the consensus layer. Read more
Is Bitcoin headed towards the mid-$70,000s for Christmas? Crypto With James says a new ATH for Ethereum is still on the cards. Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. As Bitcoins price hovers around the $86,000 level, analysts are split on where the worlds largest cryptocurrency will land by year-end. Institutional buying for Bitcoin will need to increase over the next week or so to see any meaningful movement in the price by Dec. 31, Capriole Investments founder Charles Edwards tells Magazine. Read more