Ethereum price is painting an ascending triangle pattern breakout with a price target of around $16,700. Key takeaways: Ether runs into resistance at $4,000, but strong technicals and rising institutional demand could drive ETH into price discovery. Ether’s ascending triangle pattern targets an ETH price of as high as $16,700. Read more
TON, the blockchain natively integrated into Telegram’s 900 million-strong user base, is poised to become the first everyday blockchain by 2027, offering a user experience that makes Web3 feel like Web2. Opinion by: Tracy Jin, chief operating officer of MEXC While Ethereum remains the core infrastructure for DeFi and smart contract innovation, it still hasn’t solved its most significant promise: mass adoption. After nearly a decade of development, Ethereum-based apps are still too complex, fragmented and expensive for the average user. The Open Network (TON) is betting on a completely different future, and that’s already unfolding inside Telegram. Read more
Sui Research’s new quantum-safe wallet upgrade method offers a hard fork-free solution for EdDSA-based blockchains, but does not apply to Bitcoin or Ethereum. Sui Research has introduced a cryptographic framework that could offer protection against quantum computing threats without requiring hard forks, address changes or key updates. Cryptographer Kostas Chalkias wrote in a Monday X post that the recent research paper he co-authored with Sui Research constitutes “a major breakthrough in quantum transition of ‘some’ blockchains.” He explained that while the new approach would apply to Sui, Solana, Near, Cosmos and other networks, it would not apply to Ethereum and Bitcoin. “As far as I know, this is the first backward-compatible quantum-safe upgrade path for blockchain wallets to avoid future forks or freezing accounts,” Chalkias said. Read more
10 years on, Ethereum finally has a plan to solve the blockchain trilemma and scale the L1 to 10,000 TPS while maintaining decentralization. A decade after the first block was generated on July 30, 2015, Ethereum’s roadmap has a renewed sense of direction and purpose. Sure, the recent price increase helps a lot, but after years of mucking around with scaling via L2s, the Ethereum L1 finally has a credible path to maximal scaling while preserving maximal decentralization. The TL;DR is that the gas limit and transactions per second (TPS) will increase multiple times a year from here on out. Validators will switch from reexecuting transactions to simply verifying zero-knowledge (ZK) proofs, enabling the base layer to hit 10,000 transactions per second. The L2s will scale up in concert to process hundreds of thousands, if not millions of TPS, and a new type of L2 called native rollups will act like programmable shards of a unified blockchain offering the same security as the base layer. Read more