Key crypto event-detection thread for your consumption, every week.

🚀 Ethereum in a Nutshell

After Shapella

Shapella is live since April 12th! The highly anticipated upgrade -dubbed Shanghai and Capella, or Shapella in short- promised network performance and security improvements… and most importantly: activates staked ETH withdrawals on the Beacon Chain.

The potential impact on market dynamics and user behavior remains a hot topic for the ecosystem. To deep dive on this, we've published a data-driven approach to assist users, investors, and stakeholders in navigating the evolving Ethereum ecosystem post-merge.

The article dives on:

• Current State of Ethereum

• Stake Withdrawals and Market Dynamics

• Network Efficiency and Scalability

• Role of Staking Rewards

• DeFi and NFT Market Impact

Words by Alberto Guerrero and Pablo Larguia.

Has the update influenced the number of active validators?

Staking deposit queue flipped exit queue

@christine_dkim: Excluding partial withdrawals, the cumulative number of new staked ETH deposits has surpassed the number of full withdrawals by 72%, indicating that more validators have entered Ethereum than exited since the activation of Shanghai.

What’s Next?

Dencun (Cancun + Deneb) upgrade.

Ethereum devs agreed to include three additional EIPs alongside EIP 4844 (proto-danksharding) in Cancun.

• Latest all core devs – execution (ACDE) call video. Summary by Tim Beiko.  Notes from Tim Beiko and Christine Kim:

  • Cancun upgrade to include: EIP4844 (protodankscaling), EIP6780 (SELFDESTRUCT only in same tx), EIP1153 (transient storage) & EIP6475 (SSZ optional type)

  • Cancun may potentially include: EIP4788 (beacon block root in EVM), EIP6493 (SSZ tx signature scheme) & EIP2537 (BLS precompile)

  • EOF not in Cancun, discussed making main feature of future upgrade

• EIP4844 devnet 5 successfully launched

• KZG Ceremony: 91,000+ contributions, contribute with an account nonce of 64

PEPE is in the room with us 🐸

Last weekend's craze around the memecoin $PEPE generated a dramatic increase in the profitability of validators running the #Ethereum network, at the center of the action.

Source: Coindesk

@hildobby — Ethereum Gas ⛽️ on Dune Dashboards

PEPE also generated a dramatic increase on Gas Price. Last time Ethereum median gas was as high was in May 2022. Is the bull market back?

Source: Dune @hildobby

The Staking Calculator

Did you know about this amazing tool powered by Staking Rewards? Calculate your current ETH rewards and run scenarios to estimate future rewards to plan a successful staking strategy.

SUI Network is Live

After Devnet, multiple Testnet waves, Frenemies, #CapyHolidays, Builder Houses, and much more, Sui Mainnet has launched and SenseiNode is a proud Validator :)

Token holders, you can stake your $SUI with us and enjoy the rewards.

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