Ethereum’s planned blob increases insufficient to sustain L2 transaction growth
A tenfold increase in transactions on Ethereum layer-2 blockchains could present prohibitive costs to users.
Happy Saturday!
Crypto markets are buzzing as Ethereum faces tough questions about whether its planned upgrades can keep up with the explosive growth of layer-2 transactions. Meanwhile, Vietnam is taking a bold leap toward regulation, launching a pilot crypto trading platform with Bybit’s support to create a safer, more transparent market for investors and businesses. In the US, stablecoin legislation could soon reshape the landscape, with both crypto-native firms like Coinbase and traditional giants such as PayPal, Visa, and Mastercard positioned to benefit. Dive into today’s top stories for the latest on regulation, innovation, and the transforming future of digital assets.
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The global crypto market cap is $2.69 trillion, with a 24-hour volume of $43.45 billion. The price of Bitcoin is $85,440.96, and BTC market dominance is 63.0%. The price of Ethereum is $1,604.09, and ETH market dominance is 7.2%. The best-performing sector is eCommerce, which gained 8%. The Crypto Fear & Greed Index is currently Extreme Fear (32).
📰 Top News
Ethereum’s planned blob increases insufficient to sustain L2 transaction growth
A tenfold increase in transactions on Ethereum layer-2 blockchains could present prohibitive costs to users.
Vietnam plans pilot crypto trading platform with Bybit support
The platform aims to create a controlled environment where investors and businesses can transact transparently and safely.
Coinbase and traditional financial firms poised to benefit from US stablecoin legislation
Firms such as PayPal, Visa, and Mastercard could have direct benefits, while Charles Schwab and BlackRock could gain indirectly.
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