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According to PANews, Franklin Templeton has announced the expansion of its $410 million money market fund to the Ethereum blockchain. This strategic move aims to leverage blockchain technology to enhance transparency and efficiency in fund management.The integration of the fund into the Ethereum blockchain represents a significant step in the adoption of blockchain technology within traditional financial markets. By utilizing Ethereum's decentralized network, Franklin Templeton seeks to provide investors with improved access to real-time data and streamlined processes. This development underscores the growing trend of traditional financial institutions exploring blockchain solutions to optimize their operations and offer innovative services to their clients.Franklin Templeton's decision to expand its money market fund onto the Ethereum blockchain highlights the potential of blockchain technology to transform the financial industry. As more institutions recognize the benefits of blockchain, such as increased transparency and reduced operational costs, the adoption of this technology is expected to accelerate. This move by Franklin Templeton is likely to encourage other financial entities to explore similar opportunities, further integrating blockchain into mainstream financial services.

According to Foresight News, a panel discussion at Devcon in Bangkok featured prominent figures such as Vitalik Buterin, Stephen Goldfeder, Ben Jones, and Jesse Pollack, who deliberated on the challenges faced by Ethereum and its rollup-centric roadmap. Vitalik Buterin highlighted the current need for customized solutions whenever users operate across multiple chains. He emphasized that the ideal Ethereum experience should be as seamless as using a credit card in Web2, where everything is connected in the background. Buterin warned that if Ethereum fails to achieve this level of user experience, it risks being outperformed by other technologies that can.Stephen Goldfeder added that users should not be burdened by the complexity of the underlying infrastructure. He advocated for a 'unified Ethereum' that envisions seamless cross-chain transitions within the ecosystem. Buterin also stressed the importance of simplifying cross-chain asset flows. The panel collectively underscored a shared mission: to enhance user experience without compromising Ethereum's decentralized ethos. Their goal is to build an ecosystem centered around users rather than chains.

On Nov 14, 2024, 08:48 AM (UTC), according to Binance Market Data, Ethereum (ETH) has dropped below 3,200 USDT and is now trading at 3,194.080078 USDT, with a narrowed 0.82% increase in 24 hours.

According to Cointelegraph, the Ethereum Improvement Proposal EIP-7702 is poised to significantly enhance the adoption of smart accounts by simplifying the process for existing users to upgrade their wallets. This was highlighted by Safe co-founder Lukas Schor during the Ethereum Devcon 2024 event in Bangkok, Thailand, on November 13.Schor emphasized that EIP-7702 could be a pivotal moment for account abstraction, a concept that has yet to see widespread adoption due to challenges in persuading users to transition from their current wallets and a predominant focus on onboarding new users. The proposal introduces a new transaction type that incorporates a field for externally owned accounts (EOAs), allowing them to integrate smart features without altering their fundamental structure. This development would enable wallet providers like MetaMask to offer enhanced smart account functionalities.Smart accounts are designed to address the "wallet trilemma" by balancing non-custodial control, convenience, and security, rather than compromising on any of these aspects. Schor believes that transitioning users to smart accounts will unlock their full potential, as they will no longer need to choose between these critical features. He anticipates that the initial adoption will occur through opt-in settings in existing wallets, gradually encouraging upgrades and leading to widespread adoption within five years.Looking ahead, Schor envisions future developments that include unified balances across different blockchain networks, integration with traditional financial systems, and improved interoperability between platforms such as Ethereum, Bitcoin, and Solana. He suggests that users should be able to manage a single account on the blockchain and interact seamlessly with various networks, facilitated by smartphones.Schor also drew parallels between smart accounts and traditional bank accounts, noting the additional benefits offered by blockchain technology, such as the absence of centralized control and an "exit hatch" for users to withdraw funds if necessary. Safe Wallet, previously known as Gnosis Wallet, currently holds $60 billion in total value locked and has 10 million accounts, underscoring the potential impact of EIP-7702 on the Ethereum ecosystem.

On Nov 14, 2024, 00:37 AM (UTC), according to Binance Market Data, Ethereum (ETH) crossed the 3,200 USDT benchmark and is now trading at 3,205.469971 USDT, with a narrowed 1.34% decrease in 24 hours.

According to Cointelegraph: Ethereum (ETH) is gaining momentum, with strong network fundamentals and positive market sentiment indicating a potential rally toward $4,000. Here are the key factors fueling this uptrend:1. Record-Breaking Open Interest in Ethereum FuturesEthereum has seen a substantial increase in open interest in the futures market. Data from CryptoQuant highlights a rise in open long ETH positions, with total open interest reaching an all-time high of 13.2 million ETH. This increase in futures activity indicates renewed interest and confidence in Ethereum, suggesting that major investors are preparing for higher ETH prices.“ETH finally prints us an ATH on futures OI, which shows that interest has finally returned to the boss of altcoins,” noted analyst Alan, while fellow trader Olek echoed this sentiment, observing a surge in market engagement and liquidity.2. Rising On-Chain Activity and DemandEthereum’s on-chain activity is also increasing, which typically signals stronger demand. Since Nov. 5, the daily active addresses (DAA) on the Ethereum blockchain have grown by 26%, moving from 306,751 to 388,350 as of Nov. 12. This uptick in activity suggests that more users are transacting on the Ethereum network, enhancing its utility and demand.Furthermore, data from DappRadar shows an 8% increase in active addresses across Ethereum-based decentralized applications (DApps) over the last week. Key DeFi metrics, such as total value locked and transaction volumes, are also on the rise, adding further support to ETH’s price growth potential.3. Surging Inflows to U.S. Spot Ethereum ETFsThe excitement surrounding a pro-crypto policy landscape following the recent U.S. election is boosting Ethereum investment products. Spot Ether ETFs have seen a massive inflow of funds, with Nov. 11 marking the highest single-day inflow since their launch. The Fidelity Ethereum Fund (FETH) led with $115.5 million, while the BlackRock iShares Ethereum Trust ETF (ETHA) followed closely, drawing $101 million.Overall, Ethereum ETFs saw a total of $295 million in inflows on Nov. 11, reflecting a strong institutional interest in ETH. According to CoinShares, Ethereum-focused products gained $157 million during the week ending Nov. 8, pushing the year-to-date inflows to $915 million.With these encouraging trends, Ethereum's price appears well-positioned for a continued rally, potentially reaching the $4,000 milestone by the end of the year.

According to BlockBeats, on November 13, data from Etherscan revealed that the gas fees on the Ethereum network have risen to 91.7 gwei. This increase in gas fees reflects the ongoing fluctuations in network activity and demand, which can impact transaction costs for users. The Ethereum network, known for its decentralized applications and smart contracts, often experiences variations in gas fees due to changes in network congestion and usage. As more users engage with the network, the demand for processing transactions can lead to higher fees. This recent rise to 91.7 gwei indicates a significant increase compared to previous levels, highlighting the dynamic nature of the network's fee structure. Users and developers on the Ethereum network need to be aware of these changes in gas fees, as they can affect the cost and speed of transactions. Monitoring tools like Etherscan provide valuable insights into current network conditions, enabling users to make informed decisions about their transactions. As the network continues to evolve, fluctuations in gas fees are expected to persist, influenced by factors such as network upgrades, user activity, and broader market trends.

On Nov 13, 2024, 14:51 PM (UTC), according to Binance Market Data, Ethereum (ETH) crossed the 3,300 USDT benchmark and is now trading at 3,303.280029 USDT, with a narrowed 0.78% increase in 24 hours.

On Nov 13, 2024, 1:31 PM (UTC), according to Binance Market Data, Ethereum (ETH) crossed the 3,200 USDT benchmark and is now trading at 3,201.189941 USDT, with a narrowed 1.70% decrease in 24 hours.

According to CoinDesk, Ether (ETH) exchange-traded funds (ETFs) have recorded positive cumulative flows for the first time since their launch in July, following five consecutive days of net inflows. The cumulative flows of these funds have reached $94.62 million, marking a significant milestone. On Tuesday, the nine spot ether ETFs listed in the U.S. saw inflows just under $136 million, bringing the total since November 6 to approximately $650 million, as per data from SoSoValue.The only previous instance of positive cumulative inflows was on July 23, when the first day of trading resulted in a net investment of $106.8 million. However, the ether ETFs did not experience the same enthusiastic reception as bitcoin ETFs did earlier in January. Grayscale's Ethereum Trust (ETHE), which had over $8 billion in assets at the time of listing, began to see outflows that were not balanced by inflows into other funds.Several factors have been suggested for the tepid response to ether ETFs, including the absence of staking provisions and the relatively subdued price movement of ETH amid the broader crypto bull market. Over the past year, Ether has increased by about 55%, while Bitcoin (BTC) and Solana (SOL) have surged by approximately 141% and 305%, respectively, according to CoinDesk Indices data.

According to Odaily, Ethereum co-founder Vitalik Buterin outlined the network's advancements and future vision at Devcon 2024 in Bangkok, focusing on decentralization, scalability, and inclusivity. In his keynote speech, Buterin described Ethereum as the "world computer," serving as a foundational platform for a diverse digital economy. He emphasized its role in fostering a globally decentralized economy that supports a vast on-chain ecosystem.Buterin highlighted Ethereum's journey from its inception to becoming the foundational technology for various applications. He noted the transition from Proof of Work (PoW) to Proof of Stake (PoS) as a significant milestone. This shift has reduced the network's energy consumption while enhancing security and decentralization. He stressed that Ethereum's PoS framework is crucial for creating fair systems, allowing for more decentralized control of the platform.

On Nov 13, 2024, 04:34 AM (UTC), according to Binance Market Data, Ethereum (ETH) dropped below 3,200 USDT and is now trading at 3,196.709961 USDT, with a narrowed 4.43% decrease in 24 hours.

According to Foresight News, TheBlock reports that PayPal USD stablecoin has now enabled transfers between Ethereum and Solana networks through LayerZero. This development marks a significant step in enhancing the interoperability of digital currencies across different blockchain platforms. By leveraging LayerZero's technology, users can seamlessly move PayPal USD between these two major blockchain ecosystems, potentially increasing the utility and adoption of the stablecoin.This advancement is expected to facilitate smoother transactions and broaden the use cases for PayPal USD, as it can now operate across multiple blockchain environments. The integration with LayerZero allows for efficient and secure transfers, which could attract more users to utilize PayPal USD for various financial activities. As the digital currency landscape continues to evolve, such innovations are crucial in bridging the gap between different blockchain networks, offering users more flexibility and options in managing their digital assets.

On Nov 12, 2024, 19:15 PM(UTC). According to Binance Market Data, Ethereum has crossed the 3,300 USDT benchmark and is now trading at 3,302.76001 USDT, with a narrowed narrowed 0.25% decrease in 24 hours.

According to Cointelegraph: U.S. spot Ether ETFs registered their highest daily inflow on November 11, amassing $294.9 million as Ethereum’s (ETH) price surged to a 14-week high of $3,384. The influx of funds into Ether ETFs follows the broader crypto market rally triggered by Donald Trump’s presidential election win, which many see as a positive for the industry.Fidelity Leads Ether ETF InflowsFidelity’s Ethereum Fund (FETH) led with a record $115.5 million in inflows, while BlackRock’s iShares Ethereum Trust ETF (ETHA) followed closely with $100.5 million. Grayscale’s Ethereum Mini Trust (ETH) added $63.3 million, and Bitwise’s Ethereum ETF (ETHW) contributed $15.6 million. Together, these inflows set a new record, far surpassing the previous high of $106.6 million on launch day in July.Ethereum Catches Up in Bull Market MomentumAlthough Ethereum has trailed behind top-performing assets like Bitcoin and Solana this cycle, BTC Markets crypto analyst Rachael Lucas observed that “Ethereum is starting to catch a bid.” Lucas noted that while U.S. spot Ether ETFs don’t offer staking returns, traditional investors are increasingly drawn to Ethereum’s potential in the current bullish environment.Positive Outlook for Ether with Potential Pro-Crypto PoliciesThe newly elected Trump administration is expected to promote blockchain and accelerate digital financial technologies, which could further benefit Ethereum, said ZX Squared Capital founder CK Zheng. He anticipates that both Ethereum and Solana could see continued strong performance if pro-crypto policies are enacted.Since their launch in July, U.S. spot Ether ETFs have collectively attracted nearly $3.1 billion in inflows, excluding outflows from Grayscale’s Ethereum Trust (ETHE), which saw substantial redemptions. BlackRock’s ETHA leads in cumulative inflows with over $1.5 billion since inception.

On Nov 12, 2024, 10:39 AM (UTC), according to Binance Market Data, Ethereum (ETH) dropped below 3,300 USDT and is now trading at 3,297.449951 USDT, with a narrowed 3.20% increase in 24 hours.

According to Foresight News, the Ethereum Foundation recently sold 100 ETH in exchange for 334,315.7 DAI. This transaction marks the first sale of ETH by the foundation since the release of its 2024 report on November 8. The report highlighted that as of October 31, the foundation's asset reserves totaled $970.2 million, with $788.7 million in crypto assets, 99.45% of which are held in ETH.The Ethereum Foundation has outlined plans to regularly sell ETH to fund essential public projects and maintain its reserves. By the end of 2024, the foundation has cumulatively sold 4,266 ETH, generating $11.83 million at an average sale price of approximately $2,773 per ETH. This strategic approach aims to ensure the foundation's financial stability while supporting the ongoing development and sustainability of the Ethereum ecosystem.

On Nov 12, 2024, 08:54 AM (UTC), according to Binance Market Data, Ethereum (ETH) crossed the 3,400 USDT benchmark and is now trading at 3,402.939941 USDT, with a narrowed 8.17% increase in 24 hours.

According to Cointelegraph, a recent social media post by Ethereum researcher Justin Drake has ignited discussions about a potential solution to the scalability challenges faced by the layer-1 blockchain. On November 11, Drake announced on X that he plans to unveil an 'ambitious' initiative for Ethereum. He hinted at a 'from-scratch' redesign of the Ethereum consensus layer, which many interpret as a move towards addressing its scalability issues. Drake aims to propose a strategy for a Beacon Chain roadmap, with the proposal expected to be shared at Devcon in Bangkok, Thailand, on November 12.Following Drake's announcement, speculation about an ETH 3.0 upgrade has been rife within the Ethereum community. Doug Colkitt, founder of Ambient Finance, mentioned on X that there are rumours of an ETH 3.0 announcement involving a 'second merge into a new consensus targeting 1-second block times' and a native zero-knowledge Ethereum Virtual Machine (zkEVM). Colkitt believes that if these rumours are true, a native zkEVM would represent a significant update, potentially eliminating the gas limit entirely. This would allow builders to create arbitrarily large blocks, as nodes would only need to verify the snark, leaving bandwidth as the sole scaling limit. Colkitt expressed optimism that a zkEVM could lead to arbitrary scalability and reduce the need for layer-2 rollups.However, not everyone in the community is convinced by the ETH 3.0 speculation. Some members argue that such significant updates would have been signalled months in advance, with related Ethereum Improvement Proposals likely filed if an update were imminent. In an interview with Cointelegraph's Andrew Fenton, Consensys CEO Joe Lubin discussed potential solutions for Ethereum's scalability. Lubin suggested revisiting the concept of execution sharding, potentially using a zkEVM at layer-1 to create identical execution shards. He noted that this approach wasn't feasible a few years ago when the idea of execution sharding was discarded. However, recent developments in zero-knowledge and optimistic approaches could be integrated into Ethereum's layer-1 to enhance scalability.Lubin is optimistic that these strategies could enable Ethereum to handle millions of transactions per second, although he acknowledged that full implementation could take several years. He explained that by condensing a large amount of computation at different layers into a single transaction, Ethereum could achieve a high transaction throughput. Despite the potential, Lubin emphasized that realizing these scalability solutions would require time and continued development efforts.