• ETH Hits All Time High in Market Cap

• EF Presents at Google Web3 Summit

• Google Rescinds Ban on Self-Custody Wallets

• Yesterday's 1-of-1 Ethereum Daily collectible winner is @HighPlains66 🏆 Thanks for your continued support!

Community contributor Davide Crapis highlighted the Ethereum Foundation’s presence at Google’s Web3: ZK & AI Summit, noting a presentation from Justin Drake. The update signals active collaboration touchpoints between the Ethereum Foundation and institutions and corporations.

Why this matters: Public appearances by EF researchers at major tech venues help align Ethereum’s roadmap visibility with mainstream developer communities.

Co-Executive Director of the Ethereum Foundation, Hsiao-Wei Wang clarified that a widely discussed large ETH sale did not originate from the Ethereum Foundation. The message corrected initial speculation circulating earlier in the day.

Why this matters: Clear communication reduces rumor-driven volatility and preserves trust around EF treasury activity.

Researchers Kevin Leffew and Murr Lincoln outlined how agentic commerce could evolve on Ethereum. The thread explores mechanisms for autonomous agents to transact and coordinate within Ethereum-based markets.

Why this matters: Advancements in agentic systems could expand automated economic activity and new app paradigms onchain.

Zoomer reported that the company rescinded its ban on self-custodial wallets. This reversal was likely in response to community blowback earlier in the day on their initial decision to ban self-custody wallets.

Why this matters: Self-custody enables individuals to directly control their assets without relying on third parties, preserving financial sovereignty and reducing counterparty risk.

Edge City announced its first cohort of residencies in Patagonia. The program targets builders and researchers working in crypto and adjacent technologies.

Why this matters: Focused residencies can accelerate contributor pipelines and deepen real-world collaboration among Ethereum-aligned teams.

CoinMarketCap data shared on social media showed ETH reaching a new all-time high by market capitalization. The milestone reflects recent price action and aggregate valuation in circulation.

Why this matters: Market cap highs often draw broader investor attention and can influence liquidity across Ethereum assets.

Nate Geraci reported that today was the third-best day ever for ETH ETFs. He added that funds have taken in $3 billion over the past seven trading days.

Why this matters: Sustained ETF inflows can translate into persistent spot demand and improved market depth for ETH.

@etheraider tracked purchases by companies with ETH treasuries and suggested they could collectively acquire a decade’s worth of issuance within a year. The analysis framed persistent balance-sheet demand trends.

Why this matters: Corporate treasury accumulation may reduce circulating supply and amplify the impact of staking and burn dynamics.

Phoenix News reported that MetaMask plans to launch an in-house stablecoin called mUSD. Details referenced an upcoming product effort tied to the wallet’s ecosystem.

Why this matters: A native stablecoin could deepen payment and savings features across MetaMask products and partner apps.

Linea announced a program offering up to 13% cashback on purchases made with the forthcoming MetaMask card. The reward mechanism is expected to be powered by yields sourced via Aave.

Why this matters: Linking traditional payments with onchain yield opens new consumer incentives and bridges offchain spending to Ethereum liquidity.

Jason Chaskin of the Ethereum Foundation published a preview thread for the World of Apps event. The post summarized programming and focus areas relevant to Ethereum application developers.

Why this matters: Developer-focused events can catalyze app experimentation and accelerate adoption through shared roadmaps.

Lido announced that Distributed Validator Vaults have surpassed $100 million in deposits via Mellow Protocol, Obol Collective, SSV Network, and Gearbox Protocol. The update highlights coordination among staking and infrastructure providers.

Why this matters: Scaling trust-minimized validator operations can strengthen Ethereum’s staking decentralization and performance.

Morpho shared that its deployment on Arbitrum is now live. The rollout extends Morpho’s lending and optimization tooling to a major L2 network.

Why this matters: Multichain and L2 availability expands user reach and can improve capital efficiency for DeFi participants.

EigenCloud reported an all-time high with ETH and EIGEN securing its verifiable cloud exceeding $23 billion. The figure underscores rapid growth in restaked security.

Why this matters: Higher security budgets can attract more services to leverage shared security and broaden the ecosystem.

Propy announced a partnership with Morpho Labs. The collaboration points to integrating DeFi credit primitives with real estate transaction workflows.

Why this matters: Combining programmable credit with property workflows tests practical bridges between traditional assets and onchain finance.

Offchain Labs revealed it is acquiring Zero Dev. The move brings smart account and wallet infrastructure closer to the Arbitrum stack.

Why this matters: Consolidating account abstraction tooling within major L2 teams can streamline developer experiences and user onboarding.

zkSync highlighted benchmarks from the Solx showing a compiler that's 8-13x faster than previous version, across more than 2,000 Ethereum smart contracts. The data point emphasizes compiler-driven optimizations.

Why this matters: Compiler improvements that cut gas costs can lower barriers for users and developers at scale.

The Ethereum Layer 2 Build on Bitcoin announced an integration with ICE Markets. The update connects exchange infrastructure to BOB’s L2 environment.

Why this matters: Market infrastructure integrations can enhance liquidity access and broaden asset support on L2s.

Community reports indicated that New York removed a prior restriction on USDC transfers on Base. The change follows evolving policy interpretations for stablecoin movement.

Why this matters: Policy clarity for stablecoin transfers can unlock smoother user experiences and institutional participation on L2s.

Giacomo Fenzi outlined a post-quantum technique that reduces zk proof size by around 40%. The approach targets theoretical advances intended to make proofs lighter while using the existing proofs deployed.

Why this matters: Smaller proofs can improve verification costs and open the door to new use cases in constrained environments.

zeamETH posted a recap of the latest Zeam Call. The summary shared updates on progress of the OpenVM project and zkVM-related projects, specifically OpenVM and a timeline for their post-quantum interop readiness push.

Why this matters: Regular research calls align contributors and keep progress transparent across teams.

@Freddmannen announced that The MEV Letter has evolved into an interactive interface. The change aims to make MEV-related insights more explorable for readers.

@zachxbt published a thread detailing the latest onchain attack attributed to DPRK actors, which involved "a small team of five ITWs operated 30+ fake identities with government IDs and purchasing Upwork/LinkedIn accounts to obtain developer jobs at projects."

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