Ethereum's | Crypto

The SPHINCS- proposal aims to reduce the cost of post-quantum signature verification on Ethereum while the network works toward a longer-term solution. Ethereum could begin adding post-quantum protections to accounts for as little as $0.07, without waiting for a hard fork, according to the Ethereum Foundation's Kohaku project lead Nicolas Consigny. In a Saturday X post, Consigny shared a paper proposing a cheaper way for Ethereum users to protect their accounts against future quantum-computing threats. The approach adapts SPHINCS+, a post-quantum signature standard developed by the US National Institute of Standards and Technology, to work more efficiently on Ethereum. Dubbed “SPHINCS-,” the proposal aims to reduce onchain verification costs without requiring a protocol change or precompile. Consigny described SPHINCS- as a bridge toward a future post-quantum signature system dubbed “leanSPHINCS,” which aims to further reduce verification costs through aggregation. Read more

The rest of the world is “really closely” watching the US CLARITY Act as the nation moves further away from the previous “hostile stance,” according to Sharplink’s chief. Ethereum needs three catalysts to fall into place for its price to regain momentum and surge higher, according to SharpLink Gaming CEO Joseph Chalom. “One is the CLARITY Act to pass in the US,” Chalom pointed out in an interview with Robert Baggs on Cointelegraph’s Chain Reaction show published to YouTube on Thursday. It came on the same day that all 13 Republican members and two Democrats voted to advance the Digital Asset Market Clarity Act (CLARITY) at the US Senate Banking Committee meeting. Chalom said that while many view the legislation, which aims to give the US crypto industry greater clarity, as “a US phenomenon,” it is also being seen as a major signal for other jurisdictions around the world. Read more

Several Ethereum metrics suggest the ETH price could see further downside due to reduced demand and weakening network fundamentals. Ether’s (ETH) price has retraced by over 5.6% to $2,275 after being rejected by resistance at $2,400. Now, multiple data points suggest ETH/USD may drop below $2,000. Key takeaways: Ethereum’s network fundamentals are weakening, with weekly average transactions dropping by 10% to 4.79 million, per data from Nansen. Active addresses dropped by 8% to 2.5 million over the same period.  Read more

The study suggests that Ethereum's role in financial systems makes its token economics a concern for regulators, who may need to consider safeguards for its use in regulated finance.

Ethereum's next phase will be defined by financial products that feel familiar to everyday users, Mike Silagadze said.

The upgrade will boost throughput, keep validators efficient and, most importantly, strengthen Ethereum's value capture by putting a floor under blob fees.