# Ethereum Daily ~ August 8, 2025

> Your Daily Briefing on Ethereum News.

**Published by:** [Ethereum Daily](https://paragraph.com/@ethereumdaily/)
**Published on:** 2025-08-09
**Categories:** ethereum, daily, crypto, news
**URL:** https://paragraph.com/@ethereumdaily/ethereum-daily-august-8-2025

## Content

📰 HeadlinesETH Breaks $4,000All Base Assets Now on CoinbaseRonin Becoming an L2 🌐 Mainnet NewsEthereum Ecosystem TVL Hits $300BEthereum ecosystem total value locked has reached $300 billion, according to Token Terminal. This marks a significant milestone for network adoption and capital inflow. Why this matters: It reflects growing trust and utilization of Ethereum’s infrastructure at scale.ETHGlobal Unveils Pragma New York Event LineupETHGlobal has announced the full lineup for its Pragma New York event. The program will feature prominent builders and researchers in the Ethereum ecosystem such as Tomasz Stanczak of the Ethereum Foundation, Hayden Adams of Uniswap, and Steven Goldfeder of Arbitrum. Why this matters: High-profile gatherings foster collaboration and accelerate ecosystem development.Ethrex Client Shares Mainnet Upgrade ProgressThe Ethrex Client team provided updates on performance and compatibility improvements. The changes simplify L2 architecture and increase block building performance. Why this matters: Client upgrades improve network reliability and support broader scaling goals.ETHGlobal NY Prize Pool Increases to $275KETHGlobal New York announced its hackathon prize pool will now total $275,000, thanks to partners such as Coinbase, Flow, Layer Zero, and more. Why this matters: Larger rewards attract top talent and drive innovative project submissions. 💎 ETH NewsETH Surpasses $4,000 for First Time Since Dec 2024Ethereum’s price crossed $4,000 for the first time in eight months. This follows weeks of steady upward movement and gets ETH closer to it's all time high of $4,878.26 Why this matters: Price milestones often coincide with increased market sentiment and liquidity. 📱 Application NewsWorld of Apps Event AnnouncedEthereum NYC, Nouns DAO, the Ethereum Foundation, Octant, and Self Protocol will co-host the World of Apps event. It will highlight innovative applications and developer tools and include "Live app demos, artist residencies & workshops, and projects from the Nouns ecosystem". Why this matters: Showcasing diverse apps encourages adoption and community engagement.Lens Token Distributor LaunchedLens introduced the Lens Token Distributor. The tool unlocks gasless token distribution and "rewarding users with $GHO based on their contribution, consistency, influence, and quality". Why this matters: Efficient distribution supports ecosystem participation and decentralized governance.Web3Privacy Shares Privacy Project DashboardWeb3Privacy released a dashboard cataloging 720 privacy-focused projects. It serves as a resource for developers, researchers, and community members interested in products shipping privacy services. Why this matters: Privacy tools are essential for user protection and regulatory compliance.Nouns DAO Celebrates 4th AnniversaryNouns DAO marked four years since its inception. The project has funded numerous creative and public goods initiatives. Why this matters: Longevity demonstrates sustainable community and treasury management.Fileverse Releases 'Kawaiii' UpgradeFileverse introduced the "Kawaiii" upgrade, adding UI enhancements and functionality. This update aims to improve user experience. Why this matters: Better design and features can boost retention and satisfaction.Cap Publishes Codebase and AuditsCap released its full codebase along with the results of five independent audits. The move comes ahead of the stablecoin protocol's official launch. Why this matters: Transparency builds trust with users and investors. 🌿 Layer 2 NewsAll Base Assets Now on Coinbase AppAll Base assets are now tradable on the Coinbase app for U.S. customers, except in New York utilizing DEX's on the Layer 2 such as Aerodrome and Uniswap. This enables "tokens (to) go from launch to available on Coinbase in moments" and unblocks coin creators from navigating the previous listing process. Why this matters: Wider distribution channels enhance liquidity and adoption.Ronin Network to Become Ethereum L2Ronin Network will transition into an Ethereum Layer 2. The announcement was made at Ethereum House SF by Ronin co-founder @Jihoz_Axie. Why this matters: More L2 integrations strengthen Ethereum’s scaling ecosystem and validates the rollup centric roadmap. L2Beat Publishes Governance Review #63L2Beat Governance shared its 63rd review of rollup governance. The update covers Stage 1 rollups' upgrades shipped, proposals discussed, and security council updates. Why this matters: Regular governance reviews provide transparency and inform stakeholder decisions. 🧪 Research + Development NewsDebate Continues Over ePBS 'Empty Blocks' Issue@EthDreamer responded to discussions about the "free option" and empty block problem in associated with ePBS and why the issue is currently being overstated by many in the community. Why this matters: Open and honest discussions regarding potential Ethereum upgrades are critical to ensure transparency and a culture where the best ideas win. Ethereum Foundation Shares Protocol Research UpdateLadislaus from the Ethereum Foundation provided a new research update. Topics multidimensional fee markets, gas refunds, and the latest advances in L2 interoperability. Why this matters: Ongoing research guides Ethereum’s technical roadmap. 📫 Bonus ContentWeekly Decentralization Articles RoundupThe Decentralization Research Center shared a compilation of decentralization-focused articles. The roundup covers Market Structure, Decentralized Resilience, and Blockchain-based Metaverses. Public Good Games Article@0xPaella from Aragon Project published an article on Public Good Games. The piece explores game mechanics that benefit communities.Artemis Reports on Stablecoin Landscape Post-GENIUS LegislationArtemis analyzed the stablecoin market following the GENIUS Act. The report examines the exponential growth in yield-bearing stablecoins, Latin America payment providers using Polygon, and stablecoin earnings in Q2. Thanks for Reading Ethereum DailyFor more updates like these subscribe to Ethereum Daily and follow us on the social media platforms below.SubscribeTwitterFarcasterDisclosures: Ethereum Daily is an independent publication and does not offer financial or investment advice. Content may include opinions, affiliate links, or references to projects in which contributors have a financial interest. Always do your own research.

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