Ethereum’s era of crypto dominance is over — LONGITUDE panel

Ethereum’s era of crypto dominance is over — LONGITUDE panel

Its now an “open race” for leadership among layer-1 blockchain networks, Nansen’s CEO said. Ethereum’s relative dominance among layer-1 (L1) blockchain networks has declined, resulting in an “open race” to become the leading Web3 platform, according to Alex Svanevik, CEO of data service Nansen. “If you’d asked me 3–4 years ago whether Ethereum would dominate…

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Devs introduce Ethereum R1 layer-2 scaling solution

Devs introduce Ethereum R1 layer-2 scaling solution

The introduction of Ethereum R1 deviates from traditional layer-2 developments that have come to characterize Ethereum’s scaling networks. A group of developers within the Ethereum ecosystem, operating independently of the Ethereum Foundation, have announced Ethereum R1 — a layer-2 (L2) scaling solution for the Ethereum network that does not include a native token. According to…

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Ethereum to simplify crosschain transactions with new token standards

Ethereum to simplify crosschain transactions with new token standards

Ethereum devs propose ERC-7930 and ERC-7828 to unify crosschain address formats and improve multichain UX. Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828. “There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in…

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Ethereum bulls show interest as traders’ confidence in ETH’s .8K level improves

Ethereum bulls show interest as traders’ confidence in ETH’s $1.8K level improves

After a rough couple of months, data suggests that traders are finally becoming comfortable with ETH’s current valuation. Key takeaways: Traders remain cautious about ETH’s price action, but optimistic sentiment is beginning to return. The May 7, Ethereum Pectra upgrade could boost investor sentiment, but ETH’s price action shows investors are still hesitant to open…

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Deloitte predicts T tokenized real estate on blockchain by 2035

Deloitte predicts $4T tokenized real estate on blockchain by 2035

Tokenized real estate could top $4 trillion by 2035, reshaping property investment as blockchain adoption grows, according to a Deloitte report. Over $4 trillion worth of real estate could be tokenized on blockchain networks during the next decade, potentially offering investors greater access to property ownership opportunities, according to a new report. The Deloitte Center…

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SEC delays decision on Polkadot ETF

SEC delays decision on Polkadot ETF

The ETF is waiting for US regulatory approval alongside roughly 70 other proposed crypto funds. The US Securities and Exchange Commission (SEC) has delayed a decision on whether to approve a proposed exchange-traded fund (ETF) holding Polkadot’s native token, regulatory filings show.  According to an April 24 filing, the regulator has extended its deadline for…

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