On April 28, **Binance Wallet** plans to initiate the **MilkyWay Token Generation Event (TGE)**, marking a significant development in the cryptocurrency landscape. The subscription window is set for **April 29,
SINGAPORE , April 28, 2025 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN) is pleased to announce a groundbreaking enhancement to its stablecoin infrastructure with the launch of a new bank API integration that enables users to mint WUSD in under 5 minutes, 24 hours a day, 7 days a week. This technological advancement represents a significant milestone in the stablecoin industry, effectively eliminating the traditional waiting periods associated with fiat-to-crypto conversions and providing users with unprecedented access to digital assets regardless of banking hours or geographic location. “Our mission has always been to break down barriers in the financial ecosystem,” said Raymond Yuan , Founder & CEO of WSPN. “This new integration revolutionizes the speed and efficiency with which users can access stablecoins. Minting WUSD in under 5 minutes, regardless of the time or day, creates unprecedented opportunities for both individual and institutional users in the digital asset space.” Key Features of the Enhanced WSPN Portal: Automated Fiat Deposits : Streamlined process for transferring USD from bank accounts to the WSPN platform 5-Minute Minting Process : Complete end-to-end conversion from USD to WUSD in under 5 minutes 24/7 Availability : Continuous service regardless of traditional banking hours Multi-Bank Support : Integration with Green Link Digital Bank, FV Bank, and Banking Circle Cross-Chain Compatibility : Easy withdrawal of newly minted WUSD to Ethereum or Polygon networks The enhanced system operates through a simple three-step process: users deposit USD from their bank, mint WUSD from their USD balance, and can then withdraw WUSD to their preferred blockchain wallet. Each step has been optimized for speed and security, with the entire process taking less than 5 minutes from start to finish. This development comes at a time when demand for efficient fiat-to-crypto on-ramps continues to grow, particularly for stablecoins that serve as a bridge between traditional finance and decentralized applications. By removing time constraints and simplifying the minting process, WSPN is positioning WUSD as a leading solution for users who require immediate access to digital assets. About WSPN WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN’s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption. Learn more: www.wspn.io | X | LinkedIn
Bitcoin (BTC/USD) is trading at $94,743, rising 1.04% on Monday as bullish sentiment gains momentum. Recent developments—including El Salvador’s continued Bitcoin accumulation, Grayscale’s ETF push, and Michael Saylor hinting at a major new purchase—are reinforcing optimism across the market. Coupled with nearly $3 billion in fresh U.S. Bitcoin ETF inflows last week, Bitcoin appears well-positioned for a breakout. El Salvador Adds Bitcoin Despite IMF Constraints In a development boosting Bitcoin sentiment, El Salvador quietly added seven more Bitcoin worth over $650,000, according to its Bitcoin Office. This move comes despite the nation’s $1.4 billion IMF loan deal, which technically restricts further official BTC purchases. Experts suggest the government may be acquiring Bitcoin indirectly to navigate IMF terms while maintaining its crypto-friendly stance. LATEST: The International Monetary Fund confirms El Salvador adheres to its pledge not to accumulate Bitcoin in its fiscal sector. pic.twitter.com/x7hQQaNaf0 — Cointelegraph (@Cointelegraph) April 27, 2025 Institutional Activity Heats Up: Grayscale and Saylor’s Big Bets Meanwhile, Grayscale is pressing the SEC to allow staking within its Ethereum ETFs, arguing that current restrictions have cost investors $61 million in lost rewards. Though the push focuses on ETH, broader acceptance of crypto financial products would likely spill over positively into Bitcoin, enhancing institutional credibility. Adding to the bullish momentum, Michael Saylor, co-founder of MicroStrategy, hinted at another massive Bitcoin buy —potentially between $1.4 billion and $1.6 billion. Big news in the crypto world! Michael Saylor hints at another major $BTC purchase as whales stack aggressively. With large institutions leading the charge, it looks like Bitcoin's momentum is building! #Bitcoin #CryptoNews #Mercex #MercexNews — Mercex (@mercex_io) April 27, 2025 MicroStrategy already holds over 538,200 BTC (valued around $50.5 billion). April also saw whale wallets holding over $1 million in Bitcoin surge from 124,000 to 137,600, reflecting aggressive accumulation below $100K. U.S. spot Bitcoin ETFs further reinforced the trend, recording nearly $3 billion in net inflows last week—the second-highest since launch. Bitcoin Technical Outlook: Bulls Target $95,848 Breakout Bitcoin (BTC/USD) is rebounding sharply after defending critical support at $92,863, with the 50 EMA ($93,623) acting as dynamic support. MACD indicators are nearing a bullish crossover, suggesting buyers are regaining control. For beginners, this pattern is called a “trendline defense”—where price respects rising support, often leading to higher moves. If Bitcoin breaks above $95,848, it could clear a path toward $97,569 and possibly $99,420. Conversely, slipping below $93,600 could expose Bitcoin to a retest of $92,863. Trade Setup: Buy breakout: Above $95,848 Targets: $97,569 and $99,420 Support levels: $93,623 and $92,863 Stop-loss: Below $92,800 Patience remains crucial—waiting for a confirmed breakout can help avoid getting caught in false moves. BTC Bull Token Crosses $5M Milestone as 81% Yield Boosts Staking Demand Investor momentum behind BTC Bull Token ($BTCBULL) remains strong, with the Ethereum-based project officially surpassing the $5 million mark in its ongoing presale. As of today, $5.05 million has been raised out of a $5.74 million target, signaling rising urgency among buyers as the next price jump approaches. The current token price stands at $0.00248, offering a limited window before another repricing. High-Yield Staking with Flexible Access BTCBULL continues to set itself apart from typical meme assets by focusing on sustainable utility. The project’s staking program offers an estimated 81% annual yield, complemented by Bitcoin-backed distribution rewards. Crucially, users retain full liquidity with the ability to unstake anytime—no mandatory lockup periods or penalties. Latest Staking Snapshot: Total Tokens Staked: 1,293,025,857 BTCBULL Estimated Annual Yield: 81% APY Unstaking: Available at any time This flexible structure appeals to both yield hunters and investors seeking upside potential without giving up liquidity. Presale Snapshot: Final Stretch Before Repricing With less than $683,000 left before the next price adjustment, BTCBULL’s presale is rapidly entering its final stages at the current rate. Investors are securing positions before the project’s valuation steps higher. Presale Metrics (Updated): Token Price: $0.00248 USDT Raised: $5,058,002.58 out of $5,741,234 target BTCBULL combines an aggressive yield model with meme-token upside, carving out a niche for investors looking for more than just speculative trading. As the remaining funding gap narrows, the next price increase could arrive imminently—rewarding early movers in the process. The post Bitcoin Price Hits $94,743 as El Salvador, Saylor Go Big appeared first on Cryptonews .
While the largest altcoin Ethereum (ETH) has been showing a weak outlook with the declines it has experienced against Bitcoin, it has been trying to recover in recent days. While ETH is trying to find a way to rise after a series of difficult days, a new offer has arrived for Etheruem. The new Ethereum proposal proposes a dynamic structure to balance application revenue and fair fee extraction. Two members of the Ethereum community, Kevin Owocki and Devansh Mehta, have proposed a new Ethereum fee structure that aims to balance revenue and fee generation for application developers. The proposal suggests using a square root formula that proportionally reduces the percentage of fees as the fund capital allocated to a particular project grows. Owocki and Metha noted that if a particular app’s funding pool exceeds the $10 million level, fees will be capped at 1%. The duo added that this method will allow small app developers to develop decentralized applications without paying excessive fees, and that fees will be limited as developers scale their applications, encouraging project and fund growth. Owocki and Mehta’s proposal to strike a balance between revenue generation and profitability among Ethereum application developers comes at a time when Ethereum is lagging behind rivals like Solana (SOL). According to analytics platform Santiment, Ethereum fees fell to a five-year low in April 2025 due to low activity on the Ethereum base layer, resulting from reduced demand for smart contract transactions such as decentralized finance. The Solana network also had more developers than the Ethereum network in 2024. According to the data, SOL added 7,625 new developers compared to Ethereum’s 6,456 new developers. *This is not investment advice. Continue Reading: A Balance-Changing Change May Be Coming to Ethereum (ETH): Here is the New Offer and Details!
The team behind the Official Melania Meme (MELANIA) token sold more than $1.5 million of tokens over the past three days, suggesting a programmatic selling strategy that may add downside pressure to the token. The team behind the Melania memecoin sold another $930,000 worth of tokens on April 28, two days after selling $630,000, according to blockchain data. The selling patterns point to dollar-cost averaging (DCA) , an investment strategy used to buy or sell a predetermined amount of an asset at fixed times, according to crypto intelligence platform Lookonchain. It flagged the activity in an April 28 post on X, writing: “The #Melania team didn’t just add or remove liquidity to sell $MELANIA, they also employed a DCA strategy for direct sales!” Source: Lookonchain Related: Libra, Melania creator’s ‘Wolf of Wall Street’ memecoin crashes 99% The DCA strategy involves investing a certain amount of funds in an asset at regular intervals, often employed by investors to manage emotional decision-making. MELANIA/USD, all-time chart. Source: CoinMarketCap Despite the team’s selling, MELANIA staged an over 21% recovery during the past seven days, but remains around 96% below its all-time high of $13.7 recorded on Jan. 20 — the date of US President Donald Trump’s inauguration — according to CoinMarketCap data. Meanwhile, some large investors are betting on the Official Trump (TRUMP) memecoin’s price decline. Source: Lookonchain A newly created whale wallet deposited $1.33 million worth of USDC ( USDC ) stablecoins to open a short position with 2x leverage at $14.7. The short would be liquidated if the Trump token’s price rises above $21.50, according to Lookonchain. Related: Bitcoin still on track for $1.8M in 2035, says analyst Memecoins were the second-biggest crypto sector in Q1 Memecoins were the second-most-dominant cryptocurrency investment narrative in the first quarter of 2025, reflecting that the market is still recycling old narratives. AI tokens, memecoins, were leading crypto narratives in Q1 2025: CoinGecko Memecoins captured around 27% of the global investor mindshare, while artificial intelligence tokens held over 35%, according to a quarterly research report by CoinGecko. “Seems like we have yet to see another new narrative emerge and we are still following past quarters’ trends,” said Bobby Ong, the co-founder and chief operating officer of CoinGecko, in an April 17 X post . Pump.fun usage metrics. Source: Binance research report However, the launch of the TRUMP token and its disappointing performance may have marked the end of the memecoin supercycle , which saw the weekly usage activity on memecoin launchpad Pump.fun stage a significant decline — from 2.85 million active wallets on the week of Jan. 20, to just 1.44 million as of March 31. Magazine: Caitlyn Jenner memecoin ‘mastermind’s’ celebrity price list leaked
FET and TON saw significant price increases today, sparking interest among investors. Market watchers are now focused on whether these gains will persist or fade. This article delves into the factors driving their recent performance and examines whether these coins are poised for further growth or at risk of cooling off. FET Price Trends: Short-Term Surge Amid Long-Term Setbacks FET gained 42.91% in a week and 44.99% over the month, yet it faced a 37.76% drop over the past six months. The recent upswing shows renewed investor interest and momentum, but the half-year decline points to caution amid volatility. Price movements indicate energetic buying in the short term, while longer-term bearish concerns persist. Strong rallies can occur, but previous significant drops highlight underlying issues. Current prices range between $0.32 and $0.68, with support near $0.19 and resistance around $0.91. Bulls are active within these levels, but an overbought RSI of nearly 79 suggests caution. Trading ideas involve watching for a bounce at support and a potential breakout above $0.91, while remaining alert to bear reversals if prices move lower. Toncoin Price Volatility: Mixed Trends and Key Support Zones Toncoin price dropped 18.33% in the last month and fell 34.08% over six months, with an 11.35% surge over the past week indicating brief recoveries amid overall declines. Recent moves highlight a volatile market experience characterized by sharp dips followed by short-lived rallies that offer little sign of sustained momentum. Current trading ranges sit between $2.92 and $4.73, with a nearby support level at $1.73 and resistance at $5.35, while $7.16 poses a secondary resistance. Bulls and bears both hold sway, with no clear trend in place. Trading within these levels may offer opportunities for cautious entry or exit based on movements around the key support and resistance areas. Conclusion FET and TON have shown significant gains recently. Both coins have strong backing and potential for growth. Their continued uptrend depends on market conditions and investor sentiment. If the positive momentum continues, FET and TON could see further price increases. However, if interest wanes, they might lose steam. Observing market trends and news will be key to understanding their future performance. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Sydney, Australia, April 28th, 2025, Chainwire FSL , the Web3 development studio behind the powerhouse Web3 lifestyle app STEPN, is excited to announce the launch of GMT Pay , an innovative payment solution. GMT Pay empowers users to earn through STEPN , STEPN GO , and other FSL products and seamlessly turn their GMT and GGT earnings into real-world purchases. This app bridges the gap between digital assets and everyday spending, making Web3 more accessible and practical for users worldwide. “Three years ago, the idea of a Web3 payments app felt like a distant dream,” said Yawn Rong, Co-Founder of FSL. “Today, it’s a reality. You can go for a run with STEPN GO, earn rewards, download GMT Pay, and seamlessly use your earnings to make real-world purchases. This is the evolution of Web3-bridging the gap between digital and physical worlds.” Shiti Manghani, CEO of FSL, added, “GMT Pay is the next step in empowering users to bring Web3 into their everyday lives. From fitness enthusiasts earning on STEPN GO to shoppers looking for global convenience, GMT Pay makes digital earnings useful in ways we couldn’t imagine just a few years ago.” Central to GMT Pay is the GMT Pay Gift Card, a virtual Mastercard available in denominations of $50, $100, $200, and $300. Powered by Mastercard, the card allows users to make both online and offline payments at millions of merchants worldwide. From shopping on Amazon and paying for Spotify to enjoying coffee at a local café, the GMT Pay Gift Card offers unmatched accessibility and convenience. Additionally, the card is compatible with Apple Pay and Google Pay, enabling secure and seamless mobile transactions. GMT Pay is designed to be globally accessible, enabling users across different regions to benefit from its features. While certain restrictions may apply, the platform is widely available, making it a significant step in FSL’s mission to integrate Web3 into everyday life. GMT Pay is now available to download, offering community members the chance to explore this innovative new payment solution. Sign up today to secure priority access and experience the future of Web3 payments firsthand. For more information or to download, users can visit fsl.com/gmtpay . About STEPN STEPN is Web3’s leading lifestyle app with over 5.7 million registered users. By incentivizing exercise through rewards, the app requires users to purchase a virtual Sneaker NFT and earn rewards through walking, jogging, or running. Over the years, STEPN has partnered with prolific brands like adidas, Atlético De Madrid, Steve Aoki, and ASICS. About STEPN GO Building on the success of STEPN, the pioneering move-and-earn platform, STEPN GO revolutionizes social fitness in everyday life. Buy, borrow, or lend your Sneakers to earn rewards by staying active. Your rewards can be used to level up, cash out, or flex your online appearance, fostering both physical activity and social connections. About FSL Founded in 2021, FSL is a global gaming and development studio connecting players to Web3 through fun and rewarding gaming experiences. FSL’s mission is to introduce individuals to Web3 while encouraging healthy living and combating climate change. The FSL ecosystem includes STEPN, MOOAR, DOOAR, and FSL Game Hub. For more information, visit fsl.com. ContactMattina Hiwaizimattina@fsl.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Ethereum’s Q2 2025 holds a world of potential, but can it recover from a rocky start marked by a -1.54% performance? The cryptocurrency market has witnessed turbulent times, and ETH’s
Cryptocurrency analyst and influencer Amonyx has once again emphasized his bullish stance on XRP, sharing a detailed technical chart on the social media platform X. The chart highlights strong similarities between XRP’s previous historical breakout and its current market structure, suggesting another significant upward movement may be approaching. The big breakout is coming soon. #XRP pic.twitter.com/HVWSio2rVQ — Amonyx (@amonbuy) April 25, 2025 Historical Accumulation Zone Mirrors Current Price Action In a prior statement reported by Times Tabloid , Amonyx posted, “The big breakout is coming soon. #XRP.” His latest analysis builds on this perspective by providing a visual representation of XRP’s market cycles. The chart he shared displays a triangular consolidation pattern that formed before XRP’s past explosive rally. Amonyx annotated the earlier accumulation zone with a yellow circle, noting the price compression that ultimately led to a breakout. He compared this historical structure directly to XRP’s current chart, implying that the same technical pattern is unfolding again. “Buying Under $20 Is a Blessing” — Amonyx Amonyx further emphasized the opportunity he believes investors have, stating, “Buying $XRP under $20 is a blessing from above.” This comment underscores his view that XRP remains undervalued at present levels and that its price may significantly increase. On the chart, XRP is trading just above $2, well below the $20 threshold he referenced. The setup indicates a gradual narrowing of the price range within a triangle formation, typically viewed by technical analysts as a precursor to a breakout when accompanied by historical precedent. Long-Term Targets Highlighted on Chart The technical chart presented by Amonyx shows key support and resistance levels, with a target zone drawn above the $20 range and potentially even higher, near $34.7850. This level is marked at the top of the chart as a possible long-term target, reinforcing the scale of the bullish movement he anticipates. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Additionally, the chart visually tracks a massive historical decline of approximately 90% after the previous peak, highlighting the cyclical nature of XRP’s price movements and suggesting that another positive cycle could be underway. Important dates are also highlighted on the chart, including long-term projections into 2028 and beyond, indicating that Amonyx views XRP’s potential breakout not just as a short-term event but as part of a broader and extended market cycle. The timeline suggests that while the breakout could happen soon, the full extent of XRP’s appreciation may unfold over several years. Technical Evidence Reinforces Market Expectations Amonyx’s analysis adds to the ongoing sentiment among XRP supporters who argue that XRP’s historical patterns support the case for an eventual strong price recovery. His emphasis on the current price level being a “blessing” further conveys his belief that the present market presents a rare buying opportunity. Based on the chart and analytical evidence shared by Amonyx, there is a clear conviction that XRP is poised for a major market move. As always, price predictions in the volatile cryptocurrency market remain speculative. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Says XRP Big Breakout Is Coming Soon appeared first on Times Tabloid .
The post Vitalik Buterin Responds to Charles Hoskinson’s Ethereum Criticism with Layer-Zero Update appeared first on Coinpedia Fintech News Ethereum, one of the most widely used blockchain platforms, has faced increasing scrutiny over its scalability issues, especially with the rise of Layer-2 solutions . As more users turn to platforms like Arbitrum and Optimism, questions about Ethereum’s ability to handle increasing demand have been raised. Recently, Ethereum co-founder Vitalik Buterin Vitalik Buterin Vitalik Buterin is a well-known tech geek, influencer, and computer programmer. To promote the blockchain, he started Bitcoin Magazine and provided blockchain information for cryptocurrency investors. In 2015, he co-founded Ethereum, a blockchain platform that contributed to decentralized finance. Quick Facts Full nameVitaly Dmitrievich ButerinBirth31-01-1994, Kolomna, RussiaEducationUniversity of WaterlooWife/PartnerTo be updated / Not MarriedFamous forEthereum, ETH, Blockchain advocate/promoter Net Worth$1B (refer for realtime) Buterin recognized the need for decentralized finance and used smart contracts to publish the Ethereum whitepaper. His contributions paved the way for Ethereum's transition to Proof-of-Stake, which proved to be scalable and effective. Furthermore, he introduced Ether (ETH), the blockchain platform's native coin.A Timeline of Vitalik’s CareerCo-founded Bitcoin Magazine (2011) – Established one of the first crypto publications, writing extensively on Bitcoin and blockchain.Authored Ethereum Whitepaper (2013) – Proposed a blockchain with smart contract functionality for decentralized applications (dApps).Co-founded Ethereum (2015) – Launched Ethereum after a successful $18M ICO, revolutionizing the blockchain ecosystem.Developed Ethereum Virtual Machine (2015–2016) – Created the EVM, enabling developers to build and deploy smart contracts.Worked on Ethereum Scalability (2017–2021) – Contributed to Layer 2 solutions like Rollups, Plasma, and Sharding.Led Ethereum’s Transition to Proof-of-Stake (2018–2022) – Helped develop and implement Ethereum 2.0, merging the Beacon Chain in 2022.Blockchain Research & Cryptography (2016–Present) – Focused on zk-SNARKs, privacy tech, and decentralized governance models.Philanthropy & Crypto Advocacy (2017–Present) – Donated millions in crypto for pandemic relief, AI research, and financial inclusion. Key Achievements of Ethereum's Co-founder Year AchievementsDetails2014Thiel FellowshipAwarded a $100,000 grant by Peter Thiel to work on Ethereum.2018Fortune 30 Under 30Recognized as one of the most influential young leaders in technology.2018World Technology Award in IT SoftwareHonored for contributions to blockchain and Ethereum’s development.2021Time 100 Most Influential PeopleRecognized for his impact on the global crypto and blockchain ecosystem.2022Ethereum’s Transition to Proof-of-StakeSuccessfully led Ethereum’s transition from Proof-of-Work to Proof-of-Stake. Other Useful links to connect with Vitalik Buterin PlatformLinkX (formerly Twitter)https://twitter.com/VitalikButerinGitHubhttps://github.com/vbuterinEthereum Official Websitehttps://ethereum.orgVitalik’s Bloghttps://vitalik.ca Entrepreneur Crypto and Blockchain Expert has offered a timely response to those concerns, especially following strong criticism from Cardano’s founder, Charles Hoskinson Charles Hoskinson Charles Hoskinson is an American entrepreneur and blockchain visionary. He co-founded IOHK, and Cardano (ADA), a blockchain project. He also co-founded the Ethereum blockchain platform.With the help of Cardano’s proof-of-stake (PoS) blockchain, Charles weighs on scalability, security, and interoperability to facilitate enterprise blockchain adoption. He directs research in Web3, cryptocurrency innovation, and decentralized governance through IOHK.Quick FactsFull NameCharles HoskinsonBirth05-11-1987 in Hawaii, United StatesNationalityAmericanEducationUniversity of Colorado Boulder, Metropolitan State University of DenverMarital StatusUnmarried as of 2025Net WorthEstimated around $700 millionCharles Hoskinson's work in cryptography, digital assets, and blockchain promotion has recognized him in the crypto. His efforts in developing blockchain have greatly contributed to the advancement of DeFi and blockchain networks globally.Charles Hoskinson - Professional Career Timeline2013 – Co-founded Ethereum (ETH), contributing to smart contracts and decentralized applications.2014 – Left Ethereum over governance disputes and founded IOHK (Input Output Hong Kong).2015 – Started developing Cardano (ADA), a third-generation blockchain with a proof-of-stake (PoS) model.2017 – Launched Cardano mainnet, introducing scalable and secure blockchain solutions.2019 – Led Cardano’s Shelley upgrade, enhancing network decentralization and staking rewards.2021 – Rolled out Alonzo hard fork, enabling smart contracts and DeFi on Cardano.2022 – Expanded Web3, governance, and blockchain adoption via Cardano’s Vasil hard fork.2023 – Advocated financial inclusion and blockchain education in Africa and developing nations.2024 – Advanced self-sovereign identity and on-chain governance with Cardano’s latest updates.Present – Continues shaping blockchain innovation, DeFi, and decentralized ecosystems through IOHK.He has collaborated with various tech experts and blockchain startups. Charles sees decentralized finance as a tool for financial freedom. He also educates crypto beginners through social media sites, conferences, and tech channels.Useful Links to Connect With Charles HoskinsonPlatformLinkX (formerly Twitter)Charles Hoskinson (@IOHK_Charles) / XLinkedIn profileCharles Hoskinson - Self-employed | LinkedInCardano FoundationCardano FoundationYouTube profilehttps://www.youtube.com/c/charleshoskinson Chief Executive Officer . “I don’t think Ethereum will survive more than ten or fifteen years. The Layer-2s will drain all the value, and users will migrate elsewhere, eventually getting eclipsed by Bitcoin,” said Charles Hoskinson. Vitalik Buterin’s Layer-Zero Update Buterin responded directly to Hoskinson’s comments, which predicted Ethereum’s collapse within 15 years if it continued relying heavily on Layer-2 solutions. In a bid to address these scalability challenges, Buterin unveiled an exciting Layer-Zero upgrade. This proposal suggests transitioning Ethereum from the traditional Ethereum Virtual Machine (EVM) to a more efficient zkVM system, based on RISC-V standards. The upgrade promises major improvements, including up to 832 times fewer cycles than the current EVM and a 95.7% reduction in proving cycles. These advancements are expected to increase throughput by 30 times through GPU acceleration, significantly improving the network’s efficiency. Plus, proof compression could shrink from 346MB to just 1.5MB, creating a much more streamlined system. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Charles Hoskinson Confirms XRP Integration and Midnight Airdrop for Holders , A Path to Ethereum’s Long-Term Growth However, this Layer-Zero update could potentially reshape Ethereum’s scalability, offering a new path forward that doesn’t rely on Layer-2 solutions. By improving the Ethereum base layer, Buterin’s proposal could reduce transaction fees and increase Ethereum’s competitiveness, especially against newer blockchain technologies . 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Subscribe Now `; subcribemodal.innerHTML = modalContent; } subscribe_unsubscribe_status(template_id); //getAllSubscriberCategoryList(template_id); } function toggleSubscription(subscription, template_id) { var subscriptionCheckbox = document.getElementById(subscription + '_' + template_id); var li = document.getElementById(subscription + 'Selected_' + template_id); if (subscriptionCheckbox.checked) { li.classList.add('active'); } else { li.classList.remove('active'); } } function getAllSubscriberCategoryList(getcategoryId) { jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'GET', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list', }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { var idstosubscribed = [] // Populate listOfSubscribed with subscribed category IDs result.message.forEach(listofcategory => { if (listofcategory.subscribe_status === 1) { if (!listOfSubscribed.includes(listofcategory._id)) { listOfSubscribed.push(listofcategory._id); } if (!idstosubscribed.includes(listofcategory.news_cp_category_row_id)) { idstosubscribed.push(listofcategory.news_cp_category_row_id); } } }); idstosubscribed.forEach(id => { var subscribeButton = document.getElementById('subscribe_' + id); var unsubscribeButton = document.getElementById('unsubscribe_' + id); if (subscribeButton && unsubscribeButton) { subscribeButton.style.display = 'none'; unsubscribeButton.style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } }); } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function subscribe_unsubscribe_status(getcategoryId) { var elementTounsubscribe = parent.document.getElementById('unsubscribe_' + getcategoryId); var elementTosubscribe = parent.document.getElementById('subscribe_' + getcategoryId); jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: { action: 'subscribe_api_ajax_request', apiurl: '/app/email_newsletter/list?category_row_id=' + getcategoryId, }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { parent.jQuery('.skeliton-loader-block').hide(); var hasSubscribeStatusOne = false; result.message.forEach(subscribeStatus => { if (listOfSubscribed.includes(subscribeStatus._id) && subscribeStatus.subscribe_status === 1) { hasSubscribeStatusOne = true; } if (subscribeStatus.notification_type === 3) { parent.document.getElementById('monthlySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('monthly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('monthly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 2) { parent.document.getElementById('weeklySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('weekly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('weekly_' + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 1) { parent.document.getElementById('dailySelected_' + getcategoryId).style.display = 'block'; parent.document.getElementById('daily_' + getcategoryId).setAttribute('data-id', subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById('daily_' + getcategoryId).checked = true; } } if (subscribeStatus.subscribe_status === 1) { listOfSubscribed.push(subscribeStatus._id); } }); if (hasSubscribeStatusOne) { elementTosubscribe.style.display = 'none'; elementTounsubscribe.style.display = 'block'; } else { elementTosubscribe.style.display = 'block'; elementTounsubscribe.style.display = 'none'; } } }, error: function(xhr, status, error) { console.error('Error:', error); } }); } function logSelectedSubscriptions(categoryid) { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); unsubscribemodal.innerHTML=''; subscribedmodal.innerHTML=''; var selectedSubscriptions = []; var storeCheckedId = []; var checkboxes = document.querySelectorAll('#subscription-options-' + categoryid + ' input[type="checkbox"]'); var errorMessage = document.getElementById('error-message-select'); // Use a Set to handle unique data-ids var uniqueSubscribedIds = new Set(listOfSubscribed); checkboxes.forEach(function(checkbox) { var dataId = parseInt(checkbox.getAttribute('data-id')); if (checkbox.checked) { selectedSubscriptions.push(checkbox.id); storeCheckedId.push(dataId); } else { uniqueSubscribedIds.delete(dataId); // Remove unchecked data-id } }); // Update listOfSubscribed with unique values listOfSubscribed = Array.from(uniqueSubscribedIds); var selectedSubscriptionsString = selectedSubscriptions.join(', '); var concatinateSubscribeId = [...new Set(storeCheckedId.concat(listOfSubscribed))]; var categoryData = { 'subscribed_categories': concatinateSubscribeId }; var requestSubscriberData = { action: 'handle_dynamic_api_request_with_headers', security: '49a3aaf57a', endpoint: '/app/email_newsletter/update_categories', token: '', data: categoryData }; jQuery.ajax({ url: 'https://coinpedia.org/wp-admin/admin-ajax.php', type: 'POST', data: requestSubscriberData, beforeSend: function(xhr) { xhr.setRequestHeader('X-Requested-With', 'XMLHttpRequest'); }, success: function(response) { try { response = response.data; if (storeCheckedId.length === 0) { var unsubcribedPopUpmodal = ` You’ve Unsubscribed Successfully We're sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community! `; unsubscribemodal.innerHTML = unsubcribedPopUpmodal; document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; unsubscribemodal.style.display = 'block'; unsubscribemodal.classList.remove('hide'); unsubscribemodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'block'; document.getElementById('unsubscribe_' + categoryid).style.display = 'none'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'none'; } } else { var subscribedPopupModal = ` Thank you for subscribing! Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community! `; let selectedSubscriptionsArray = selectedSubscriptionsString.split(','); let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split('_')[0]); let subscribedCategoriesString = subscribedCategories.join(', '); subscribedmodal.innerHTML = subscribedPopupModal; if (document.getElementById('selectidname')) { document.getElementById('selectidname').textContent = subscribedCategoriesString; } document.querySelector('#subscribe-modal-design .modal').style.display = 'none'; subscribedmodal.style.display = 'block'; subscribedmodal.classList.remove('hide'); subscribedmodal.classList.add('show'); document.getElementById('subscribe_' + categoryid).style.display = 'none'; document.getElementById('unsubscribe_' + categoryid).style.display = 'block'; var showDownloadReport = document.getElementById('download_report'); if (showDownloadReport) { showDownloadReport.style.display = 'block'; } } } catch (e) { console.error('Error parsing response:', e); } }, }); } function closeModal(template_id) { var modalId = template_id; var modal = document.querySelector('#' + modalId); // Using querySelector to find the modal if (modal) { modal.classList.add('hide'); modal.classList.remove('show'); setTimeout(function() { modal.style.display = 'none'; }, 500); } else { console.warn('Modal not found:', modalId); } } function closeunsubscribemodal() { var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal'); if (unsubscribemodal) { unsubscribemodal.classList.add('hide'); unsubscribemodal.classList.remove('show'); } setTimeout(function() { unsubscribemodal.style.display = 'none'; }, 500); } function closesubscribemodal() { var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal'); setTimeout(function() { subscribedmodal.style.display = 'none'; }, 500); if (subscribedmodal) { subscribedmodal.classList.add('hide'); subscribedmodal.classList.remove('show'); } } function withoutLoginClicked(withoutlogin_id) { localStorage.setItem('subscribe_without_Login', 'true'); localStorage.setItem('subscribe_clicked_id', withoutlogin_id); } document.addEventListener('DOMContentLoaded', function() { const subscribewithoutData = localStorage.getItem('subscribe_without_Login'); const subscribe_clicked_cat_id = localStorage.getItem('subscribe_clicked_id'); // Function to get cookies function getCookie(name) { let value = "; " + document.cookie; let parts = value.split("; " + name + "="); if (parts.length == 2) return parts.pop().split(";").shift(); } // Get user token from cookies const userToken = getCookie('user_token'); if (subscribewithoutData === 'true' && userToken) { // Call the modal function with the category ID subscribed_popupmodal(subscribe_clicked_cat_id); // Remove the flag and category ID from localStorage localStorage.removeItem('subscribe_without_Login'); localStorage.removeItem('subscribe_clicked_id'); } }); /************************** update susbcriber content **************************** */ function initializeSubscriptionButton() { var initialListItems = document.querySelectorAll('.subscription-options input[type="checkbox"]'); initialListItems.forEach(function(item) { console.log(item.checked, 'Initial Checkbox checked status'); }); var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); } function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector('.subscribe-submit .changeBtnText'); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent = 'Subscribe Now'; } else { subscribeButtonSpan.textContent = 'Unsubscribe'; } } } function updateSubscriptionButton() { var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); // Update the button text based on whether any list item has the 'active' class updateButtonText(anyActive); } document.addEventListener('click', function(event) { var clickedItem = event.target.closest('.subscription-options li'); if (clickedItem) { var checkbox = clickedItem.querySelector('input[type="checkbox"]'); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } }); FAQs What is the Layer-Zero upgrade? The Layer-Zero upgrade is a proposal to transition Ethereum’s base layer to a zkVM system, improving scalability and reducing transaction costs by enhancing the Ethereum Virtual Machine’s efficiency. Why does Charles Hoskinson believe Ethereum will not survive in the next 10-15 years? Hoskinson argues that Ethereum’s reliance on Layer-2 solutions will drain its value, causing users to migrate to other platforms, ultimately resulting in Ethereum being eclipsed by Bitcoin. What is the difference between Layer-2 solutions and the Layer-Zero upgrade proposed by Buterin? Layer-2 solutions operate off Ethereum’s base layer to enhance scalability, while Layer-Zero aims to improve Ethereum’s base layer itself, offering greater efficiency and reducing dependence on external solutions.