EigenDA V2 Launches on Ethereum Mainnet: A New Era of Scalability and Speed

On the occasion of Ethereum's 10th anniversary, EigenDA V2 has made its grand debut on the ethereum mainnet, marking a significant milestone in blockchain scalability. This next-generation data availability solution boasts an unprecedented throughput of 100 MB/s, doubling its previous testnet performance. Capable of processing over 800,000 ERC-20 transfers and 80,000 token swaps per second, EigenDA V2 is set to revolutionize the Ethereum ecosystem. With $2 billion in value already secured, this upgrade underscores Ethereum's continued dominance and innovation in the blockchain space. The launch not only enhances transaction efficiency but also paves the way for broader adoption of decentralized applications. As Ethereum celebrates a decade of groundbreaking achievements, EigenDA V2 stands as a testament to the network's relentless pursuit of scalability and performance. This development is poised to attract more institutional and retail investors, further solidifying Ethereum's position as the leading smart contract platform. The future of Ethereum looks brighter than ever, with EigenDA V2 driving the next wave of blockchain innovation.

EigenDA V2 Launches on Ethereum Mainnet with 100 MB/s Throughput

EigenDA V2, a next-generation data availability solution, has officially launched on the Ethereum mainnet, achieving a groundbreaking throughput of 100 MB/s. The release coincides with Ethereum's 10th anniversary, underscoring a decade of blockchain innovation.

The upgrade doubles EigenDA's previous testnet performance, now capable of processing over 800,000 ERC-20 transfers and 80,000 token swaps per second. With $2 billion in secured assets—representing 75% of all LAYER 2 solutions on Ethereum—the protocol has already attracted major adopters like Fuel and Aevo on mainnet, while MegaETH and Celo remain in testnet phases.

Technical enhancements include a refined separation of control and data planes, streamlined data allocation, and a custom-built database optimized for DA workloads. These improvements position EigenDA V2 as the fastest data availability solution in the ecosystem.

Ethereum Eyes $5K as ETF Momentum Builds: What Traders Need to Know

Ethereum approaches a critical psychological threshold at $5,000, driven by escalating speculation around potential ETF approvals. The asset has demonstrated robust momentum, with a 54% surge over the past month, signaling heightened investor confidence. Technical levels at $4,126 and $3,386 serve as key resistance and support markers, respectively. A sustained breakout could propel ETH toward $4,496.

Market participants are scrutinizing broader sentiment for directional cues, with altcoins likely to benefit from spillover effects. The rally underscores Ethereum's evolving role as institutional interest converges with retail speculation.

Vitalik Buterin Proposes Ethereum Scalability Upgrade Through Decoupled Finality Mechanism

Ethereum co-founder Vitalik Buterin has introduced a technical proposal aimed at significantly improving the network's transaction speed and scalability. The plan involves restructuring Ethereum's consensus mechanism by separating block finalization from the fork choice process.

Currently, Ethereum's slot-based design requires validators to perform both functions simultaneously, creating bottlenecks. Buterin's solution WOULD implement a two-tiered system: a small group of 256 validators would handle rapid block selection via LMD GHOST, while the broader validator set would manage finality on a slower timeline.

The architectural shift could reduce protocol complexity while enabling faster confirmations. Buterin's blog post suggests this decoupled approach may offer more flexibility than Ethereum's current tightly-integrated 3SF mechanism.

Ethereum Eyes $3,625 Rebound as Technicals Signal Pivotal Moment

Ether's price trajectory hangs in the balance as it tests critical support at $3,625, following a rejection from July highs near $3,940. The second-largest cryptocurrency now faces a technical crossroads—either staging a relief rally or succumbing to bearish momentum that could trigger a liquidity hunt below current levels.

Market structure shows concerning cracks. The 4-hour chart reveals ETH breached its ascending channel midline, while the Supertrend indicator flipped bearish for the first time since mid-July. Momentum metrics paint a grim picture—DMI shows sellers overpowering buyers 30.4 to 11.0, with RSI nearing oversold territory at 30.9.

Exchange outflows tell a nuanced story. Over $113 million exited platforms on August 1, suggesting either accumulation by long-term holders or dwindling speculative interest. 'Would like to hold here and see some relief,' observes analyst Ted Pillows, capturing the market's tentative wait-and-see posture.

Ethereum Price Faces Short-Term Pressure Before Potential Rally to $4,500

Ethereum's price surged over 50% in July, reigniting bullish sentiment across crypto markets. Analysts now eye a $4,500 target, though on-chain data suggests temporary headwinds may precede further gains.

The taker-sell ratio spiked to 0.52 on July 28, mirroring April's pattern that preceded an 11% correction. Aggressive selling pressure has created a $231 million imbalance, with exchange inflows reaching 43 ETH per key address—the highest weekly average in recent months.

Market mechanics suggest thin liquidity could amplify downward moves as stop-loss orders trigger. Yet the broader uptrend remains intact, with traders ultimately targeting $5,000 ETH once current profit-taking subsides.

Ether Machine Expands ETH Holdings to 334K in Strategic Accumulation Move

The Ether Machine, an institutional entity gaining prominence in the Ethereum ecosystem, has bolstered its ETH reserves by acquiring an additional 15,000 tokens. The $56.9 million purchase coincides with Ethereum’s 10-year anniversary, blending symbolic gesture with strategic accumulation.

Acquired at an average price of $3,809 per ETH, the latest addition brings the firm’s total holdings to 334,757 ETH. Funding came from $97 million in cash proceeds raised through a private placement, with $407 million remaining for future acquisitions. "We’re deepening our commitment to Ether as both a financial asset and the foundation of a new internet economy," said Andrew Keys, Co-Founder and Chairman of The Ether Machine.

Formed this year via a merger between The Ether Reserve and Nasdaq-listed Dynamix Corp, the entity is emerging as a institutional force in Ethereum’s institutional landscape.