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, POTUSâs family is building a DeFi app on Ethereum, but meanwhile youâre debating the merits of Proof of Stake? Open your GD eyes" - @Defi_Dad
June set records with 54.5âŻmillion active addresses, 715âŻmillion transactions and 78.28âŻMgas/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.
TokenâŻTerminal reports an allâtime high $135.4âŻbillion in stablecoins circulating on Ethereum mainnet. Major issuers include Tether, Circle, PayPal and emerging onâchain dollars like Ethena and GDN. Why this matters: Stablecoin growth signals Ethereumâs dominance as the preferred settlement layer for dollarâpegged value.
Hyperledger Besu shipped versionâŻ25.7.0 with a default 45MâŻgas 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 Ethereumâs 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 publicâmarket endorsements legitimize ETH as a balanceâsheet reserve beyond cryptoânative firms.
@eth_everstake proposed EIPâ7942 to strengthen finality using available attestations, mitigating reorgs and finality halts. The idea is a contender for the âGlamsterdamâ upgrade. Why this matters: Enhancing consensus robustness is critical as blockspace competition intensifies.
@fede_intern recorded steady 400âŻMg/s throughput on the experimental ethrex execution client. Developers hint at âgigagasâ targets next. Why this matters: Alternative clients exploring extreme performance expand research frontiers for future scaling.
PrivacyâŻPools introduced seedâconfirmation, blurredâclipboard for seeds and refined relayerâfee logic to improve safety and reliability. Why this matters: Usability upgrades are essential for mainstream adoption of onâchain privacy tools.
Across Protocol launched V4, pairing intentâbased routing with ZK proofs from SuccinctâŻLabs to accelerate bridging and support more chains. Why this matters: Faster, cheaper crossâchain liquidity lowers friction for users moving assets among L2s.
Worldcoin announced its mini app ecosystem surpassed 1âŻbillion user opens. The milestone reflects rapid traction for biometricâverified identity interactions. Why this matters: Highâvolume consumer dApps stressâtest scalability and bring more users onchain into the Ethereum ecosystem.
@virtuals_io released the Agent Commerce Protocol (ACP) plus the âButlerâ assistant, letting autonomous agents transact on a shared ledger explorer. Why this matters: Agentâcentric commerce could unlock new automation and coordination primitives for DeFi and beyond.
ICNâŻProtocol deployed decentralized cloudâcomputing services on Coinbaseâs 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 ZKâpowered DApps, encouraging broader adoption.
Ask Venice and dphnAI released a refined uncensored language model for openâended conversations. Improvements focus on alignment and response quality. Why this matters: Higherâperforming AI agents bolster onâchain and offâchain user experiences.
Infinex now routes trades to Ink, Krakenâs Optimismâbased Layer 2 built for lowâcost transfers. Why this matters: Exchange connectivity accelerates liquidity for emerging Rollups.
Scroll welcomed SynthOSâan AI engine that designs personalized DeFi yield strategies and is now live on mainnet. Why this matters: AIâdriven 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: Socialâlayer incentives can drive deeper engagement and onâchain activity.
Blockchain analytics firm Elliptic now covers Starknet wallets and transactions in its compliance suite. Why this matters: Institutionalâgrade monitoring paves the way for regulated entities to use Layer 2 systems.
INTMAX released CLIÂ v1.3.3, resolving an issue that blocked miners from claiming rewards; earlier versions are deprecated. Why this matters: Quick patching maintains trust in offâchain participation and reward mechanics.
@marilyn100x charted 30âday doubleâdigit TVL or usage gains across major L2sâBaseâŻ+24âŻ%, ArbitrumâŻ+35âŻ%, OptimismâŻ+75âŻ%, StarknetâŻ+40âŻ% and more. Why this matters: Healthy competition among rollups expands Ethereumâs aggregate capacity and user reach.
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