BTC $63,067.09 +0.52%
ETH $1,882.49 +0.40%
BNB $608.90 +0.44%
XRP $1.00 +0.93%
SOL $75.56 +0.71%
TRX $0.3311 -0.32%
DOGE $0.0699 +0.19%
ADA $0.1773 -0.71%
BCH $203.37 -0.05%
LINK $9.56 +6.97%
HYPE $57.05 +1.48%
AAVE $86.59 +1.44%
SUI $0.6798 +0.61%
XLM $0.1585 +0.91%
ZEC $489.27 -0.18%
BTC $63,067.09 +0.52%
ETH $1,882.49 +0.40%
BNB $608.90 +0.44%
XRP $1.00 +0.93%
SOL $75.56 +0.71%
TRX $0.3311 -0.32%
DOGE $0.0699 +0.19%
ADA $0.1773 -0.71%
BCH $203.37 -0.05%
LINK $9.56 +6.97%
HYPE $57.05 +1.48%
AAVE $86.59 +1.44%
SUI $0.6798 +0.61%
XLM $0.1585 +0.91%
ZEC $489.27 -0.18%
first_img

Matrixport: ETH has recently achieved a rise of over 60%, mainly due to the simplified vision and technological upgrades proposed by Vitalik

2025-05-12 15:33:36

ChainCatcher news, according to Matrixport's analysis report today, Ethereum has recently achieved a surge of over 60%, primarily due to the simplified vision and technical upgrades proposed by Vitalik. On May 3, Vitalik presented a simplified vision for Ethereum Layer 1 centered around "clarity" and "security," where EIP-4850 introduces a revenue-sharing mechanism with Layer 2, helping Ethereum capture value from L2 activities; EIP-7691 reduces L2 transaction fees by expanding data block capacity, enhancing operational efficiency and attracting more on-chain transactions back to the mainnet.

Additionally, the report points out that Ethereum's recent liquidation scale has surged to $221 million, a phenomenon that typically occurs during market downturns rather than during price increases.

Related tags
Related tags
app_icon
ChainCatcher Building the Web3 world with innovations.