Have you ever wondered how Bitcoin truly behaves in the volatile world of finance? Is it more like traditional safe havens, or does it mirror the often-bubbly tech sector? Recent data offers a compelling answer, suggesting a significant shift in Bitcoin correlation dynamics that could redefine how investors view the leading cryptocurrency. Understanding Bitcoin Correlation: Gold vs. Tech Stocks The relationship between different assets in financial markets is often measured by their correlation. A correlation of 1.0 means they move perfectly in sync, -1.0 means they move in opposite directions, and 0 means there’s no consistent relationship. According to CoinDesk, recent analysis over a 30-day moving average reveals a fascinating trend: Bitcoin (BTC) and Gold: Exhibiting a strong positive correlation of 0.70. Bitcoin (BTC) and Nasdaq 100: Showing a moderate positive correlation of 0.53. What does this mean? Essentially, over this recent period, Bitcoin’s price movements have been more closely aligned with those of gold than with the top tech stocks represented by the Nasdaq 100 index. This data point isn’t just a number; it reinforces a powerful narrative that has long surrounded Bitcoin: its potential as a Bitcoin digital gold . The Bitcoin Digital Gold Narrative: Why the Comparison? The idea of Bitcoin being ‘digital gold’ isn’t new. It stems from several perceived similarities between the two assets: Scarcity: Both have a limited supply. Gold mining is difficult and yields finite amounts, while Bitcoin has a hard cap of 21 million coins that can ever be mined. This inherent scarcity is often cited as a key driver of value, especially in inflationary environments. Durability & Portability: While gold is physically durable, Bitcoin is digitally durable and incredibly portable. You can move vast sums of Bitcoin across the globe in minutes, something impossible with physical gold. Decentralization: Gold is a globally accepted asset not tied to any single government or central bank. Bitcoin operates on a decentralized network, free from control by any single entity. Store of Value: Historically, gold has served as a store of value, preserving wealth across generations. Proponents argue Bitcoin can serve a similar purpose in the digital age, protecting against currency devaluation. The recent correlation data provides quantitative support for this narrative, suggesting that in the current economic climate, investors might be treating Bitcoin less like a speculative tech play and more like a hedge asset, similar to gold. Bitcoin vs Gold vs Tech Stocks: A Comparative Look Let’s break down the typical characteristics and drivers of these three distinct asset classes to better understand their relationships. Feature Bitcoin (BTC) Gold Tech Stocks (Nasdaq 100) Primary Narrative/Use Case Digital Store of Value, Medium of Exchange (emerging), Decentralized Asset Physical Store of Value, Industrial Use, Jewelry Growth Potential, Company Earnings, Innovation Supply Fixed (21 million cap) Finite (difficult to extract) Variable (based on company issuance) Typical Correlation Driver (Historical) Market Sentiment, Adoption, Macro Uncertainty (sometimes), Tech Sector (sometimes) Macro Uncertainty, Inflation Fears, Interest Rates, Safe Haven Demand Economic Growth, Interest Rates, Corporate Earnings, Innovation Cycles Volatility Very High Moderate High (especially growth stocks) Accessibility Digital Exchanges (24/7) Physical (bullion, coins), ETFs, Futures (market hours) Stock Exchanges (market hours) Historically, Bitcoin’s correlation with both gold and tech stocks has fluctuated significantly. Early in its history, Bitcoin often moved independently. As it gained mainstream attention, it sometimes showed correlation with risk-on assets like tech stocks. The recent data suggests a potential shift towards the safe-haven characteristics often associated with gold, particularly during periods of economic uncertainty. Bitcoin’s Resilience Amidst Economic Uncertainty The original snippet mentions economic uncertainty driven by geopolitical factors. During such times, traditional financial theory suggests investors often flock to safe-haven assets like gold, which are expected to retain or increase in value during market turbulence. The fact that Bitcoin demonstrated strong resilience and price appreciation during a period of reported uncertainty, alongside its high correlation with gold, lends further credence to the idea that it’s acting as a digital hedge. This performance contrasts with how highly correlated tech stocks might behave in such environments, which can be more susceptible to economic downturns or changes in investor risk appetite. The divergence in correlation highlights a potential evolution in how the market perceives and values Bitcoin, positioning it closer to a store-of-value asset than purely a high-growth, high-risk technology investment. Crypto Market Analysis: Implications for Investors What does this shifting crypto market analysis mean for you as an investor? The observed correlation patterns offer several key insights: Benefits: Diversification Potential: If Bitcoin continues to show a low-to-moderate correlation with traditional assets like tech stocks and a higher correlation with safe havens like gold, it could potentially serve as a valuable diversification tool in a portfolio, offering exposure to different market drivers. Alternative Safe Haven: For investors seeking alternatives to traditional safe havens like gold or certain government bonds, Bitcoin might be considered, especially given its digital nature and ease of transfer. Challenges: Correlation Isn’t Static: It’s crucial to remember that correlations are dynamic and can change rapidly based on market conditions, global events, and investor sentiment. A high correlation today doesn’t guarantee the same tomorrow. High Volatility: Despite acting more like gold in terms of correlation during this specific period, Bitcoin remains significantly more volatile than gold or even most large-cap tech stocks. This high volatility presents both opportunity and risk. Nascent Asset Class: Bitcoin and the broader crypto market are still relatively young compared to gold and stocks, meaning their long-term behavior and correlations are still being established. Actionable Insights: Monitor Correlations: Don’t rely on historical data alone. Keep an eye on current correlation trends using reliable financial data providers. Understand Your Risk Tolerance: Even if Bitcoin is showing safe-haven characteristics, its inherent volatility means it should still be considered a high-risk asset. Allocate capital accordingly. Consider Your Investment Goals: Are you seeking growth, capital preservation, or diversification? Understanding this will help you determine if Bitcoin fits into your strategy, regardless of its correlation profile at any given moment. Look Beyond Correlation: While correlation is a useful metric, fundamental analysis of Bitcoin (e.g., adoption rates, technological developments, regulatory environment) and macro-economic factors are equally important. What Drives These Shifting Correlations? Several factors can influence why Bitcoin vs gold and Bitcoin vs tech stocks correlations change: Macroeconomic Environment: High inflation, interest rate changes, recessions, or geopolitical instability can push investors towards or away from riskier assets like tech stocks and towards perceived safe havens like gold and potentially Bitcoin. Institutional Adoption: Increased interest and investment from large financial institutions can change Bitcoin’s market dynamics, potentially aligning it more with traditional asset classes. Regulatory News: Government regulations or lack thereof can significantly impact market sentiment and correlations. Market Maturity: As the Bitcoin market matures, its behavior may become more predictable or align more closely with established asset classes. Investor Sentiment: Broad shifts in how retail and institutional investors perceive Bitcoin (e.g., as digital gold, a tech innovation, or pure speculation) directly impact its price action and correlations. The Future Outlook: Will the Trend Continue? Predicting future correlations is challenging. The observed 0.70 correlation with gold is a snapshot in time, representing a 30-day period. It doesn’t guarantee this trend will persist indefinitely. However, as global economic uncertainty remains a factor and the awareness of Bitcoin’s finite supply grows, it’s plausible that the ‘digital gold’ narrative could continue to gain traction, potentially maintaining or even strengthening its correlation with gold during certain market phases. Conversely, periods of strong economic growth and high risk appetite might see Bitcoin’s correlation with tech stocks increase again as investors favor growth assets. The key takeaway is that Bitcoin’s role in a portfolio is evolving, and understanding its changing relationships with other major asset classes like gold and tech is vital for informed decision-making. Conclusion: Bitcoin’s Evolving Identity The recent data showing Bitcoin’s stronger correlation with gold compared to tech stocks provides compelling evidence that the ‘digital gold’ narrative is resonating within the market, particularly during times of economic uncertainty. While Bitcoin remains a highly volatile asset, its increasing tendency to move in tandem with gold, traditionally seen as a safe haven, suggests a potential shift in its market perception. For investors, this highlights Bitcoin’s complex and evolving identity – not just a tech-driven growth asset, but potentially a valuable, albeit volatile, component for diversification and a hedge against traditional financial risks. Staying informed about these dynamic correlations and understanding the underlying drivers is essential for navigating the future of the crypto market analysis . To learn more about the latest Bitcoin and crypto market trends, explore our articles on key developments shaping Bitcoin price action and institutional adoption.
Trump’s pro-crypto policies continue to attract investors interested in the best crypto to buy now. The new administration has promised to ‘position the United States as a leader among nations in government digital asset strategy,’ and it all started with the Digital Asset Stockpile, which is set to include Bitcoin ($BTC), Ethereum ($ETH), Cardano ($ADA), XRP ($XRP), and Solana ($SOL). Global Players Stack Bitcoin In the New Crypto-Friendly Regulatory Space More and more global companies join the Bitcoin rush, following the example set by Michael Saylor’s Strategy, which currently owns more than 538K $BTC , worth over $50B. This catapulted Strategy to the top of the list of the companies with the largest $BTC reserves in the world, packing an impressive $17.5B all-time unrealized profit, with $5B of them in 2025 alone. Naturally, it was only a matter of time before the scent of such a tasty ROI would attract other public companies; and one emerged just last week: Twenty One Capital. The company is a newcomer in the crypto space and plans to go public with a $3.6B $BTC acquisition via a Special Purpose Acquisition Company (SPAC) merger . Brandon Lutnick, CEO of Cantor Equity Partners (CEP) and the son of Howard Lutnick, Trump’s newly appointed pro-crypto Secretary of Commerce , announced the merger, causing CEP’s shares to soar more than 200%. Twenty One Capital’s $3.6B investment will push the company into the top three whales with the largest Bitcoin reserves: MicroStrategy: 538.2K $BTC MARA: 47.5K $BTC Twenty One Capital: 42K $BTC Ripple’s expansion is another noteworthy event after it acquired Hidden Road for a price tag of $1.25B . The acquisition of a prime broker like Hidden Road shows that Ripple expects more institutional investors to flock to the crypto space in 2025 and beyond. Kraken adopted a similar strategy by purchasing NinjaTrader for $1.5B , presumably following the same reasoning. The overall direction is so glaring that it prompted a meeting between Trump’s World Liberty Financial (WLFI) and Binance’s co-founder, Changpeng Zhao, to discuss the larger context of growing crypto adoption. The goal of the meeting was to lay out WLFI’s strategy to push the crypto market into new industries. WLFI’s Letter of Intent (LoI) to the Pakistan Crypto Council, detailing plans like stablecoin adoption and the installation of decentralized finance, is a first step in this direction. World Liberty Financial’s move proves that the recent increase in Bitcoin’s public adoption isn’t random and it’s likely to continue. It shows that the crypto market is slowly pushing for new peaks and that great things are yet to come. This may be the perfect opportunity to look at the best altcoins on the market that may surge alongside Bitcoin. Here are three that show the most promise. 1. Solaxy ($SOLX) – Solana’s Layer 2 Upgrade Coming with Lower Fees and Improved Blockchain Performance Solaxy ($SOLX) is Solana’s blockchain upgrade aiming to provide users with lower fees and improved performance by tackling the system’s main problems.These include subpar transaction speeds, especially during high traffic, spicy fees, and failed transactions due to network congestion. Solaxy is currently one of the best presales available, having accumulated over $32M so far with $SOLX priced at $0.001708. This alone showcases the investors’ trust in the project’s potential. Joining the presale now means potentially securing the highest profit, as the token’s price will increase during the presale. Moreover, we believe it will continue to grow post-launch , given Solaxy’s utility and roadmap as detailed in the whitepaper . The staking pool is currently at over 9B souls with a dynamic APY of 125%; the sooner you join the pool, the higher the rewards. If you’re interested in the presale, check out our ‘ how to buy $SOLX ’ guide today. 2. BTC Bull Token ($BTCBULL) – Unofficial Bitcoin Meme Coin Rewarding You with $BTC Airdrops BTC Bull Token ($BTCBULL) is one of the most promising meme coins on the market. It offers you $BTC airdrops as Bitcoin reaches target price points ($150K and $200K). The project is built on the idea that Bitcoin will reach and exceed the $250K price point and even rush towards a $1M milestone. Which, given Bitcoin’s recent performance and the growing pro-crypto perception on the global stage, no longer seems that far-fetched. $BTCBULL is a pure meme token, relying on community involvement and FOMO to build its reputation and support Bitcoin’s run in the charts. The project has accumulated over $5M on presale so far, with $BTCBULL standing at $0.002485. The 1.3B-strong staking pool offers an APY of 81%. Keep in mind that you need to keep your $BTCBULL in Best Wallet to qualify for the airdrops. Check our ‘ how to buy $BTCBULL ’ guide today, join the presale, and stake your tokens to grow them until the official launch. 3. Pudgy Penguins ($PENGU) – NFT Turned Meme Coin Offering Personalized Merchandise Pudgy Penguins ($PENGU) started in 2021 as an NFT collection and quickly won over the crypto community. The now booming meme coin comes with a shop with personalized accessories and clothing to cater to all tastes. The project’s meme potential is evident by the growing list of items on sale, ranging from hoodies to hats, shirts, and toys. The limited-edition Ledger x Pudgy Penguins collection is the cherry on top, providing you with both utility and meme value. $PENGU is currently up in charts by 143% over the past seven days, showing sustained growth and great investing potential. The token currently sits at $0.01249 with a market cap of $785M. If you want to tune in, this may be the perfect time, given $PENGU’s past performance . Keep in mind that this is not financial advice. Always DYOR (Do Your Own Research) before investing to counter the market’s volatility. Best Crypto to Buy As the Crypto Market Returns to the Green We believe it’s safe to say that it is. Bitcoin has recovered but all of its losses during the March-April crash and now sits at over $94k. All thanks to Trump’s pro-crypto stance, leading to increased public adoption and better-fleshed-out investment strategies. This may be the perfect time to look at some of the best crypto to buy now, like Solaxy $(SOLX) and BTC Bull Token ($BTCBULL) .
According to recent analysis from COINOTAG News, April 28th, Bitcoin is exhibiting significant volatility, with critical thresholds identified for potential long and short liquidations. Data from Coinglass indicates that if
Pudgy Penguins has surged by 24% in the past 24 hours, with its move to $0.01295 also marking a massive 156% gain in a week. This comes as the crypto market as a whole drops by 1% today, with PENGU’s weekly return making it the best-performing top-200 coin in the last seven days. Many analysts have only just begun jumping on the Pudgy Penguins hype train, with some saying that its bull market hasn’t even really started . And with the coin still 81% down on its ATH of $0.06845 (set in December), it still has plenty of space to rise even further in the coming weeks and months. Pudgy Penguins Explodes 156% – Why Analysts Say the Rally Is Far From Over – Price Prediction Some traders are suggesting that Pudgy Penguins is getting ready to reach its ATH, with some arguing that it could happen sooner rather than later. these mfs are building a religion while the rest still chasing rugs if you aint locked in with $pengu by now you might as well log off cuz this one going above ath sooner than you think be smart mf pic.twitter.com/pGxfK9gfah — heinous (𝒔𝒄𝒉𝒊𝒛𝒐 𝒂𝒓𝒄) (@Arcane_Crypto_) April 27, 2025 Aside from pure hype, some analysts have highlighted Pudgy Penguins’s use of NFTs as a key factor in why it will outperform during the current cycle. Because it’s a popular collection of 8,888 NFTs, its native token PENGU will in theory attract more usage than meme coins without any obvious utility, boosting its price over time. And it seems that traders are piling back into PENGU, after the wider market began recovering last week amid signs of a thawing in the recent tariff war between the US and China. Its chart today shows that it’s at its highest level in terms of momentum since it listed back in December. For instance, its relative strength index (purple) has risen to 80, which puts it firmly in overbought territory. Source: TradingView At the same time, its 30-period average (orange) has jumped well above the 200-period average (blue), which indicates that buying is maybe getting too hot right now. Yet the obvious comeback to this is that PENGU is still 81% below its record high of $0.06845, so it’s possible to argue that it still isn’t really overbought. Based on this, and based on the hope that the US and China continue to climb down from their recent tit-for-tat tariffs, the Pudgy Penguins price could reach $0.015 in the next couple of weeks. It could then hit $0.30 by the fourth quarter of the year. New Altcoin Set to Soar as the Market Heats Up PENGU looks like one of the most promising coins in the top 200 right now, yet it won’t be the only new alt doing well as and when the wider market continues its recovery. There are also numerous newer tokens that are showing lots of potential at the moment, including several presale coins with bullish fundamentals. One good example of this is Best Wallet Token (BEST) , which has raised $11.8 million in its highly popular sale. The Best Wallet airdrop is closing soon and now’s the time to lock in as many $BEST points as you can! Keep completing quests, connect your wallet if you haven’t already, and push for maximum rewards before the airdrop closes. GO GO GO https://t.co/eGBbWWJMeP pic.twitter.com/3XY0hrVL1p — Best Wallet (@BestWalletHQ) April 26, 2025 BEST is the token of the popular Best Wallet app, which since launching in 2023 has now grown to serve 250,000 monthly active users. Holding BEST will provide a range of benefits to Best Wallet users, including discounts on transaction fees, greater staking yields, governance rights, and early access to new tokens. These perks will help to draw new users to Best Wallet, which in turn will draw users to BEST, helping to boost the token over the longer term. It’s also worth pointing out that Best Wallet’s official X account has just over 64,000 followers , a sign of how big the app and its native token could become in the future. These ingredients mean that BEST is shaping up to be one of the biggest coin launches of 2025, with investors still able to buy it early at the Best Wallet Token site . BEST is now selling at $0.02395, but this price will rise again in a couple of days, so traders should act quickly. The post Pudgy Penguins Explodes 156% – Why Analysts Say the Rally Is Far From Over – Price Prediction appeared first on Cryptonews .
TL;DR Pi Network (PI) fell by 3% in the past seven days, potentially weighed down by massive token unlocks and a lack of fresh support from major exchanges. Some analysts predict a potential rebound, while others have warned that dealing with the asset could lead to painful losses. Missing the Green Wave The cryptocurrency market has been on an evident uptrend in the past week. Bitcoin (BTC) is up almost 10% for the period, currently trading at around $95,000, whereas Ethereum (ETH) saw its valuation rise by 11.5%. Very few of the top 50 digital assets remain in the red on a seven-day scale, and unfortunately for the Pi Network community, their favorite token is one of those. As of this writing, PI is worth roughly $0.61, which is a 3% weekly decline. What’s more, the current level represents an 18% drop for the last two weeks. PI Price, Source: CoinGecko It is worth mentioning that the asset started retracing in mid-April, right after the major release of almost 7 million tokens. The unlocks remained in the millions in the following weeks and are expected to speed up even further in the upcoming days. Data shows that over 230 million PI will be freed up in the next month, with April 30 being the record day when 11.3 million tokens will be released. Events like these typically lead to higher selling activity, as investors finally get the opportunity to sell coins they’ve been waiting for a long time . Although some holders may stay put, the danger of a mass exit still looms. Another factor that may have negatively impacted PI’s price is the lack of new support from leading crypto exchanges. Well-known names that have already embraced the asset include Gate.io, OKX, Bitget, and others. However, Binance and Coinbase remain uninvolved. The former issued a community vote in February to determine whether its users want to see PI available on the platform. While more than 85% clicked the “yes” option, there hasn’t been a follow-up announcement. Price Predictions Despite the retreat registered in the past weeks, certain X users continue to make optimistic predictions. MOON JEFF, who often touches upon the matter, recently forecasted that PI could rise to $1. Interestingly, at the beginning of the month, he labeled Pi Network “a slow rug,” suggesting that the token’s potential ascent to $1 is “just a dream.” Kuzo also shared their thoughts, claiming PI “doesn’t look good” based on investigations conducted over the past month. “People will lose millions or even billions of dollars. It’s worse than you could’ve imagined. If you’re still holding, think twice. I’ll drop my investigation soon , make sure you’re following,” they added. The post Pi Network (PI) Misses the Rally: Is Further Trouble Brewing? appeared first on CryptoPotato .
In a significant development within the blockchain sphere, the Trump-endorsed cryptocurrency initiative, WLFI, has entered into a formal Memorandum of Understanding with Pakistan. This alliance aims to foster innovation and
The world of decentralized finance and applications hinges significantly on the underlying blockchain’s capacity. For Ethereum, the leading smart contract platform, this capacity is largely dictated by the Ethereum gas limit . Recently, a groundbreaking proposal has emerged that could dramatically reshape Ethereum’s future scaling potential, promising a massive increase in throughput. Understanding the Ethereum Gas Limit and Why it Matters Before diving into the specifics of the new proposal, let’s quickly recap what the Ethereum gas limit is. Think of gas as the fuel needed to execute operations on the Ethereum network. Every transaction, every smart contract interaction, requires a certain amount of gas. The gas limit is the maximum amount of gas that can be spent per block. This limit is dynamically adjusted by validators based on network conditions, but there’s a hard cap voted on by the network. Why is this limit so crucial? It directly impacts how many operations (and thus, how many transactions) can fit into a single block. A higher gas limit means more operations per block, leading to potentially higher ETH transactions per second (TPS) for the base layer. However, increasing the gas limit also means larger blocks, which require more resources (processing power, storage, bandwidth) from the nodes running the network. This balance is critical for network health and decentralization. EIP-9698: Unpacking Dankrad Feist’s Ambitious Proposal The recent buzz surrounds a proposal put forth by prominent Ethereum researcher Dankrad Feist . Known as EIP-9698 , this plan outlines an ambitious strategy to increase the network’s gas limit by a factor of 100 over a four-year period. According to reports, the phased rollout is slated to begin in June 2025. Here are the key details of the EIP-9698 proposal: Starting Point: The proposal targets a gradual increase beginning mid-2025. Phased Growth: Instead of a single, large jump, the gas limit would increase tenfold every two years. Four-Year Horizon: The full 100x increase would be achieved by the end of the four-year period. Target Limit: If implemented, the gas limit could eventually reach an astounding 3.6 billion per block. This step-by-step approach is designed to give the ecosystem time to adapt, addressing concerns about sudden increases in node requirements. Boosting ETH Transactions Per Second: The Promise of Massive Scaling The primary motivation behind increasing the Ethereum gas limit is to enhance the network’s capacity for Ethereum scaling . By allowing significantly more gas per block, the base layer could theoretically handle a much higher volume of activity. Dankrad Feist ‘s proposal suggests that reaching a gas limit of 3.6 billion could enable the base layer to process up to 2,000 ETH transactions per second . To put this in perspective, Ethereum’s current base layer capacity is significantly lower, often cited as around 15-30 TPS, although this varies based on transaction complexity and network conditions. This potential boost in ETH transactions per second could have several positive impacts: Improved User Experience: Faster transaction confirmations and potentially lower base transaction costs (though overall gas price is also dependent on demand). Enhanced dApp Performance: Decentralized applications could operate more smoothly and handle more users directly on Layer 1. Increased Network Utility: A higher capacity network is better equipped to handle growing demand from various use cases like DeFi, NFTs, and gaming. While Layer 2 solutions are crucial for scaling, a higher L1 gas limit can complement these by providing a more robust base layer for settlement and data availability. Navigating the Challenges of a Higher Ethereum Gas Limit While the prospect of a 100x increase in the Ethereum gas limit is exciting for Ethereum scaling , it’s not without its challenges. The most significant concern revolves around node requirements. As the gas limit increases, block sizes grow proportionally. This means: Increased Bandwidth: Nodes need to download and upload larger blocks faster. Higher Processing Power: Verifying larger blocks with more transactions requires more CPU power. Greater Storage: Storing the blockchain history with larger blocks demands more disk space over time. These increased demands could potentially make it more difficult and expensive for individuals to run full nodes, raising concerns about centralization. If only well-resourced entities can afford to run nodes, the network could become less decentralized, which is a core tenet of Ethereum. However, the gradual nature of EIP-9698 is specifically designed to mitigate this. By increasing the limit tenfold every two years, the proposal aims to provide hardware manufacturers, node software developers, and node operators sufficient time to research, develop, and deploy necessary upgrades to handle the increased load. This contrasts with previous discussions or proposals that might have suggested more immediate, significant jumps. Context: This Isn’t the First Ethereum Scaling Discussion It’s important to note that discussions around increasing the Ethereum gas limit are not new. The current proposal by Dankrad Feist follows a separate, more immediate suggestion to raise the gas limit to 150 million by the end of this year. This indicates an ongoing desire within the community to explore ways to increase L1 throughput. Furthermore, this proposal exists within the broader context of Ethereum scaling efforts, which heavily rely on Layer 2 solutions like rollups (Optimistic and ZK-rollups). Layer 2s bundle transactions off-chain and settle them on Layer 1, dramatically increasing effective TPS. A higher L1 gas limit can benefit Layer 2s by providing more space for data availability and settlement proofs on the base layer, potentially lowering L2 costs. The debate isn’t necessarily L1 scaling versus L2 scaling, but rather how they can best work together to achieve the necessary capacity for mass adoption. Proponents of increasing the L1 gas limit argue that a stronger base layer is essential, while others prioritize pushing most activity to Layer 2s to preserve L1 decentralization. Dankrad Feist’s Vision: A Long-Term Strategy for Ethereum Dankrad Feist ‘s proposal reflects a long-term vision for Ethereum’s capacity. The phased, four-year plan suggests a belief that the ecosystem’s ability to handle increased hardware requirements will naturally evolve with time and technological advancements. It’s a proactive approach to ensure that the base layer doesn’t become an insurmountable bottleneck as the decentralized web grows. His work, often focused on complex areas like cryptography and scaling, lends significant weight to the technical feasibility and implications of such a change. The proposal is now open for discussion within the Ethereum community, where it will be debated, analyzed, and potentially refined before any decision is made about its inclusion in a future network upgrade. Implications for Developers and Users: Adapting to a Scaled Ethereum For Ethereum developers, a higher Ethereum gas limit means new possibilities but also potential adjustments. Smart contracts might need optimization to be more gas-efficient, although the higher limit offers more room. Developers of infrastructure like nodes, block explorers, and wallets will need to ensure their systems can handle larger blocks and higher throughput over time. For users, the change could eventually translate to a more responsive network, although gas fees will still fluctuate based on demand. The potential for higher L1 capacity might also influence the dynamics between L1 and L2 usage. The Road Ahead: Community Consensus and Implementation It’s crucial to remember that EIP-9698 is currently a proposal. Like all significant changes to Ethereum, it must undergo rigorous review, discussion, and testing by the core development community and gain broad consensus among stakeholders. The technical challenges, particularly concerning node requirements and potential centralization risks, will be thoroughly debated. The process involves: Discussion: Open forums and calls among researchers and core developers. Analysis: Simulations and technical analysis of the proposal’s impact. Testing: Implementation on testnets to identify potential issues. Consensus: Agreement among core developers and potentially network stakeholders (though validator signaling for gas limit changes is standard). If accepted, the proposal would be scheduled for inclusion in a future Ethereum network upgrade. Conclusion: An Ambitious Step Towards a Scaled Future Dankrad Feist ‘s proposal to increase the Ethereum gas limit by 100x over four years, starting in June 2025 via EIP-9698 , represents one of the most ambitious base-layer Ethereum scaling initiatives discussed in recent times. By aiming to boost ETH transactions per second to potentially 2,000 on L1, it signals a strong desire to unlock significantly more capacity for the network. While the potential benefits for throughput and user experience are substantial, the proposal also brings significant technical challenges, primarily related to increasing node requirements and the need for ecosystem-wide adaptation. The phased approach is a thoughtful attempt to balance ambition with practicality, providing the necessary time for infrastructure to catch up. The future of Ethereum scaling will likely involve a combination of robust Layer 2 solutions and, potentially, a higher capacity Layer 1. EIP-9698 is a bold step in exploring that latter path, pushing the boundaries of what the base protocol can handle and setting the stage for intense discussion and development within the community as Ethereum continues its journey towards mass adoption. To learn more about the latest Ethereum trends, explore our article on key developments shaping Ethereum scaling and network capacity.
As altcoins rally towards the end of April, investor interest in BNB, Kaspa, and AAVE is intensifying due to significant upcoming upgrades. Market analysts are particularly optimistic about these tokens,
Ethereum (ETH) has long been a frontrunner in the cryptocurrency space, consistently evolving and enhancing its ecosystem. Recent updates, such as the new Ethereum proposal to increase transaction throughput and scalability, have sparked a wave of optimism around the second-largest cryptocurrency. As Ethereum pushes toward a potential $7,000 price point, many crypto enthusiasts are wondering if Coldware (COLD) could soon be following a similar upward trajectory, bolstered by its innovative approach to decentralized finance (DeFi) and its upcoming presale stages. Coldware's Parallel Growth: A Presale Gem Rising in the DeFi Space While Ethereum continues to gain traction, Coldware (COLD), a Layer 1 blockchain with a strong focus on DeFi and tokenization, is making waves in its own right. Coldware’s presale, which is nearing Stage 3, has generated significant interest due to its unique value proposition: offering secure, decentralized finance solutions that integrate seamlessly with existing crypto ecosystems. With Ethereum pushing toward higher scalability, Coldware is positioning itself as a viable competitor, providing decentralized lending, staking, and tokenized assets. Coldware’s emphasis on security, ease of use, and decentralization make it an attractive project for investors who are looking for the next big DeFi platform. As Coldware (COLD) progresses through its presale stages, its roadmap and growing community suggest that it could soon join the ranks of high-performing assets in the crypto market. Ethereum's Momentum: Scaling Up Towards $7,000 Ethereum’s price action has recently shown signs of life, with the coin crossing key price thresholds and approaching new all-time highs. The ongoing proposal, known as Ethereum Improvement Proposal (EIP) 9698, aims to increase Ethereum’s transaction capacity to 2,000 transactions per second (TPS). This ambitious upgrade promises to increase Ethereum’s scalability significantly, enabling the network to compete with high-throughput blockchains like Solana. Such technical improvements are driving confidence among Ethereum investors, with many speculating that ETH could soon reach the $7,000 mark. Ethereum’s evolving ecosystem, especially with the integration of Layer-2 scaling solutions and upcoming protocol updates like EIP-9698, strengthens the long-term outlook for the coin. Many investors and analysts are bullish, believing that these updates will position Ethereum as a more sustainable platform capable of handling global-scale decentralized applications. What Coldware’s Success Means for the Market Coldware’s market potential is being increasingly recognized as it nears its presale's Stage 3. As Ethereum focuses on scaling and increasing its transaction capacity, Coldware (COLD) has the opportunity to capture a niche in the decentralized finance space with its secure and efficient solutions. As more investors and institutions recognize the potential for scalable and secure DeFi ecosystems, projects like Coldware will likely see increased demand and adoption. Coldware’s price trajectory mirrors Ethereum’s in some ways, with both assets benefitting from the growing adoption of blockchain technology and decentralized finance. While Ethereum’s scalability solutions will undoubtedly boost its price, Coldware’s early-stage growth and potential to disrupt the DeFi sector give it a promising future. The Role of Ethereum's Technological Evolution in Coldware’s Rise Ethereum’s technological advancements play a crucial role in Coldware’s ability to succeed. As Ethereum continues to expand its use cases, Coldware (COLD) could leverage this growth by providing secure, decentralized alternatives that complement Ethereum's ecosystem. With Coldware focusing on DeFi applications and tokenization, it will likely attract Ethereum users and developers looking for greater security, privacy, and flexibility in their financial solutions. Furthermore, Ethereum’s increasing focus on AI and decentralized finance, combined with Coldware’s focus on decentralization, sets the stage for a stronger blockchain ecosystem where multiple projects can thrive together. By positioning itself as a DeFi solution with security and utility at its core, Coldware could mirror Ethereum’s rise, drawing interest from both retail and institutional investors alike. Conclusion: Coldware and Ethereum’s Symbiotic Relationship While Ethereum is likely to continue its impressive climb toward the $7,000 price point due to technological advancements like EIP-9698, Coldware’s increasing presence in the market makes it one to watch in the coming months. As Ethereum scales its network, Coldware’s DeFi innovations will be key in providing users with the security and utility they need to thrive in the blockchain space. The crypto market is ripe for innovation, and Coldware (COLD) is poised to capitalize on the evolving demands of decentralized finance, potentially following Ethereum’s footsteps and carving its own path to success. For more information on the Coldware (COLD) Presale: Visit Coldware (COLD) Join and become a community member: https://t.me/coldwarenetwork https://x.com/ColdwareNetwork Disclaimer: This is a sponsored article 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.
DUBAI, UAE, April 28, 2025 /PRNewswire/ — Bybit , the world’s second-largest cryptocurrency exchange by trading volume, now offers API access for its On-Chain Earn and Flexible Savings products. Expansion to other Earn product types is currently in progress. Full technical specifications and integration instructions are available in the official API documentation . This new integration gives institutional users and developers the ability to connect directly with Bybit’s infrastructure, enabling efficient, automated, and scalable management of their yield-generating strategies. Bybit’s On-Chain Earn products allow users to earn rewards by participating in blockchain-based (or “on-chain”) financial opportunities such as staking and liquidity protocols. These products provide users with a DeFi-like experience by enabling interaction with smart contracts on public blockchains without the need for technical expertise. Staking in the crypto world often demands significant technical know-how and dedicated hardware, making it inaccessible for many. Bybit’s On-Chain Earn removes these barriers by handling the complexities behind the scenes — including gas fees, node operations, and reward distribution — so users can stake with ease and confidence. An API, or Application Programming Interface, is a tool that allows different software systems to communicate. Bybit’s API allows developers and institutional users to programmatically access On-Chain Earn and Flexible Savings functions through their own platforms, enhancing customization and operational control. “Bridging centralized access with decentralized opportunity is one of our core missions,” said Jerry Li, Head of Earn & Wealth Management at Bybit. “With API support for On-Chain Earn, we’re giving power users the infrastructure they need to build, manage, and fine-tune strategies with the speed and precision the market demands.” The API offers structured access to key functions, including: An overview of currently available On-Chain Earn products, with filters by token and product category (LST, non-LST, or Mint), Detailed product data such as estimated APYs, staking terms, redemption timelines, minimum and maximum limits, exchange rates, and reward distribution mechanisms, Historical and real-time tracking of staking and redemption, Summaries of current positions and accrued rewards, Programmatic access to eligible Earn products for subscription and redemption, tailored to each supported mechanism. This release marks a key step in Bybit’s continued efforts to support advanced users with infrastructure that connects centralized tools to decentralized finance opportunities. #Bybit / #TheCryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube