The Block reported that SWIFT has launched a stablecoin and begun experimenting with onchain migration using Ethereum Layer 2 Linea.

Impact: Signals legacy financial infrastructure piloting Ethereum-aligned rails, potentially accelerating institutional settlement experiments on L2.

Hildobby reported Ethereum’s blobs market has reached a new all-time high at 6 blobs per block, driven mostly by the Base and Worldcoin Layer 2s.

Impact: Higher sustained blob utilization signals growing demand for EIP-4844 data capacity.

REX Shares and Osprey Funds launched the first staked ETH exchange-traded fund offering ETH exposure with staking rewards.

Impact: Introduces a regulated vehicle for yield-bearing ETH to traditional investors, likely boosting institutional demand for ETH.

Today's issue of Ethereum Daily is presented by zoundClub.

zoundClub is a mini app where users can catch the best ZorZound tracks, grab a virtual beer, tip your friends, and hit the Jackpot floor. Mint a Clanker selfie and snag a Degen hat or boots to max your vibe before the night begins.

RWA.xyz noted that ChinaAMC, a $271 billion asset manager, announced its launch on Ethereum mainnet.

Impact: Brings a major traditional finance player onto Ethereum, expanding credibility and potential RWA flows.

Tim Beiko shared the schedule for the Fusaka upgrade hitting Holesky on October 1, Sepolia on October 14, and Hoodi on October 28.

Impact: Lays the groundwork for PeerDAS, L1 scaling, and UX improvements ahead of mainnet activation.

0xprincess announced TOOL’s testnet launch, describing it as "Ethereum's Hyperscale Co-processor" that enables low-latency trade and payment settlements.

Impact: A dedicated co-processor layer could offload intensive workloads and expand Ethereum’s design space for high-throughput apps.

The Ethereum Foundation’s Ethereum Everywhere Team launched the @EFetheverywhere account alongside a mission statement to "support and connect Ethereum communities and events worldwide to thrive long-term."

Impact: A formal initiative focused on global adoption and presence aims to broaden ecosystem reach and community engagement.

SharpLink Gaming became the first public company to tokenize its SBET equity directly on Ethereum mainnet, in partnership with Superstate.

Impact: Establishes a public-market precedent for tokenized equities on Ethereum, potentially accelerating compliant onchain capital markets.

BitMine disclosed that its treasury now accounts for roughly 2% of all ETH.

Impact: Continued accumulation of ETH by Digital Asset Treasury companies can encourage greater institutional adoption.

@ETHZilla_ETHZ said it secured an additional $350 million earmarked for ETH acquisitions and repurchased 500,000 of its shares.

Impact: Added capital and buybacks can signal confidence and create incremental spot demand for ETH.

Ethena announced that its USDe stablecoin is now integrated on Binance and its 120 million users.

Impact: Expanded exchange access can increase USDe liquidity and improve on/off-ramp options for users.

Wallet app Rainbow announced its native token, stating $RNBW will launch in Q4 2025.

Impact: Sets a timeline for token distribution and governance features that could deepen user engagement with Rainbow.

Octant announced the 30 grantees from its Epoch 9 round centered on Ethereum media and content.

Impact: Funding storytellers can strengthen education and expand the ecosystem’s reach to new audiences.

The Ethereum Daily mini app launched on Farcaster and Base to deliver daily Ethereum updates.

Impact: Offers a lightweight way for readers to consume ecosystem news and share in the earnings from future ad placements.

@EthereumPhone confirmed worldwide availability of the dGEN1 via its online storefront.

Impact: Global sales may speed developer experimentation with secure mobile key management and app UX.

The team introduced The Compact to coordinate crosschain operations among apps and infrastructure.

Impact: Interop primitives can reduce integration complexity and enable safer, unified liquidity flows.

Synthetix shared plans to deploy a perpetuals-focused DEX on Ethereum.

Impact: Native derivatives access could enhance capital efficiency for traders and protocols alike.

Click the link above for the Ethereum Daily mega-thread that tracks new product launches on Ethereum mainnet and top L2's.

Impact: Regular roundups help users discover emerging tools early in their lifecycle.

Paul Grewal responded to the SEC’s position that centralized sequencers may qualify as exchanges.

Impact: Clarifications here could affect compliance models and operator responsibilities across rollups.

TACEO and Aztec Network unveiled an integration to bring Private Shared State to Ethereum, enabling secure state sharing across participants.

Impact: Advances privacy-preserving coordination for apps and Layer 2s, opening new designs for compliant, confidential onchain workflows.

@divine_comedian shared a personal account of using Compound Finance and Base to achieve a home purchase.

Impact: Real-world outcomes illustrate how onchain finance can support tangible life goals.

Photographer Dave Krugman launched “City of Gods” with a 24‑hour auction at a 0.01 reserve, donating all proceeds to Brazilian artists.

Vitalik Buterin released an article arguing how lower-risk DeFi primitives strengthen Ethereum’s resilience.

Impact: The framing may push builders and users toward designs that prioritize minimized risk while preserving useful financial functionality.

Brother Bing published an article examining Ethereum’s decentralization characteristics and benefits.

The Block relayed comments that former SEC official Paul Atkins is aiming to enact an “innovation exemption” for crypto products.

Impact: If pursued, a dedicated exemption could alter how new tokenized products reach U.S. markets and influence Ethereum-based issuers.

Click here for the latest Ethereum R&D updates.

Click here for a rolling list of Ethereum-based events.

Click here for a list of new job opportunities in the Ethereum ecosystem.

For more Ethereum updates subscribe to Ethereum Daily and follow us on the social media platforms below.

Disclosures: 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.

Yesterday's 1-of-1 Ethereum Daily collectible winner is @USERNAME 🏆 Thank you for your support!