Ethereum Mainnet Hits ATH in Stablecoins, Active Addresses & Transactions
Besu Client Upgrade Released
Across V4 Goes Live
"My brothers in Christ, The biggest crypto bull on MSM finance news is now an ETH bull, an ETH treasury stock is up 140% today, Robinhood is building an Eth L2 and tokenizing stocks onchain, BlackRock is piling billions into RWAs on Ethereum, the Secretary of Treasury says stablecoins are the future of the dollar, POTUS’s family is building a DeFi app on Ethereum, but meanwhile you’re debating the merits of Proof of Stake? Open your GD eyes" - @Defi_Dad
June set records with 54.5 million active addresses, 715 million transactions and 78.28 Mgas/s throughput on mainnet, according to growthepie. These metrics confirm sustained user demand despite rising L2 adoption. Why this matters: High L1 usage underpins fee revenue that funds security and demonstrates adoption of the Etheruem network.
Token Terminal reports an all‑time high $135.4 billion in stablecoins circulating on Ethereum mainnet. Major issuers include Tether, Circle, PayPal and emerging on‑chain dollars like Ethena and GDN. Why this matters: Stablecoin growth signals Ethereum’s dominance as the preferred settlement layer for dollar‑pegged value.
Hyperledger Besu shipped version 25.7.0 with a default 45M gas limit, history expiry on new SNAP nodes and default parallel transaction processing. These changes boost throughput while trimming disk usage for new nodes. Why this matters: Client diversity and performance gains strengthen Ethereum’s resilience.
SharpLink Gaming will close Nasdaq trading on July 7th, showcasing itself as the largest listed firm holding Ethereum as a primary treasury asset (ticker $SBET). The company frames ETH not just as part of but the corporate strategy. Why this matters: Visible public‑market endorsements legitimize ETH as a balance‑sheet reserve beyond crypto‑native firms.
@eth_everstake proposed EIP‑7942 to strengthen finality using available attestations, mitigating reorgs and finality halts. The idea is a contender for the “Glamsterdam” upgrade. Why this matters: Enhancing consensus robustness is critical as blockspace competition intensifies.
@fede_intern recorded steady 400 Mg/s throughput on the experimental ethrex execution client. Developers hint at “gigagas” targets next. Why this matters: Alternative clients exploring extreme performance expand research frontiers for future scaling.
Privacy Pools introduced seed‑confirmation, blurred‑clipboard for seeds and refined relayer‑fee logic to improve safety and reliability. Why this matters: Usability upgrades are essential for mainstream adoption of on‑chain privacy tools.
Across Protocol launched V4, pairing intent‑based routing with ZK proofs from Succinct Labs to accelerate bridging and support more chains. Why this matters: Faster, cheaper cross‑chain liquidity lowers friction for users moving assets among L2s.
Worldcoin announced its mini app ecosystem surpassed 1 billion user opens. The milestone reflects rapid traction for biometric‑verified identity interactions. Why this matters: High‑volume consumer dApps stress‑test scalability and bring more users onchain into the Ethereum ecosystem.
@virtuals_io released the Agent Commerce Protocol (ACP) plus the “Butler” assistant, letting autonomous agents transact on a shared ledger explorer. Why this matters: Agent‑centric commerce could unlock new automation and coordination primitives for DeFi and beyond.
ICN Protocol deployed decentralized cloud‑computing services on Coinbase’s Base L2. Users gain open, permissionless access to computing power with familiar EVM tooling. Why this matters: Web3 cloud alternatives diversify infrastructure away from centralized providers.
Snarkify integrated its SRT proving engine into the Succinct network, cutting proof times for zk applications. Why this matters: Faster proofs lower latency and costs for ZK‑powered DApps, encouraging broader adoption.
Ask Venice and dphnAI released a refined uncensored language model for open‑ended conversations. Improvements focus on alignment and response quality. Why this matters: Higher‑performing AI agents bolster on‑chain and off‑chain user experiences.
Infinex now routes trades to Ink, Kraken’s Optimism‑based Layer 2 built for low‑cost transfers. Why this matters: Exchange connectivity accelerates liquidity for emerging Rollups.
Scroll welcomed SynthOS—an AI engine that designs personalized DeFi yield strategies and is now live on mainnet. Why this matters: AI‑driven portfolio automation increases use cases for retail users entering DeFi.
@noicedotso activated programmatic tipping for Arbitrum interactions on the Farcaster social graph. Why this matters: Social‑layer incentives can drive deeper engagement and on‑chain activity.
Blockchain analytics firm Elliptic now covers Starknet wallets and transactions in its compliance suite. Why this matters: Institutional‑grade monitoring paves the way for regulated entities to use Layer 2 systems.
INTMAX released CLI v1.3.3, resolving an issue that blocked miners from claiming rewards; earlier versions are deprecated. Why this matters: Quick patching maintains trust in off‑chain participation and reward mechanics.
@marilyn100x charted 30‑day double‑digit TVL or usage gains across major L2s—Base +24 %, Arbitrum +35 %, Optimism +75 %, Starknet +40 % and more. Why this matters: Healthy competition among rollups expands Ethereum’s aggregate capacity and user reach.
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