According to Odaily, a wallet associated with Vitalik Buterin, identified as '0x556,' deposited all 649 ETH (worth $1.72 million) into Paxos 20 hours ago. Notably, on September 19, the '0x556' wallet received 1,300 ETH (valued at $3.21 million) from another wallet, '0xd04,' which had previously received 70,000 ETH from Vitalik Buterin in 2022. Over the past 11 days, as the price of ETH increased, the '0x556' wallet deposited all 1,300 ETH into Paxos at an average price of $2,581 per ETH, totaling $3.35 million.

According to Cointelegraph, Ethereum co-founder Vitalik Buterin has suggested developing a set of metrics to measure how well projects align with Ethereum's core values. In a blog post dated September 28, Buterin emphasized that achieving 'Ethereum alignment' is one of the most significant social challenges within the ecosystem. He acknowledged the difficulty of this task due to the diverse range of client teams, application developers, researchers, and local communities contributing to Ethereum in various ways. Buterin highlighted the primary challenge of ensuring that all these projects collectively build a cohesive Ethereum ecosystem rather than fragmented, incompatible entities. He pointed out several starting points for alignment, such as the openness and interoperability of a project. This openness allows code to be inspected for security purposes, reduces the risk of proprietary lock-in, and enables third parties to make improvements. Buterin also suggested that applications and wallets could be rated based on their compatibility with different ERC standards. Decentralization and security are other critical metrics that could be assessed using the 'walkaway' and 'insider attack' tests. Buterin explained that these tests evaluate whether an application would remain usable if its team and servers disappeared and how much damage could be inflicted if the team itself attempted to attack the system. Additionally, projects could be judged on their positive impact on the Ethereum community or humanity, such as improving financial inclusion and enabling new public funding mechanisms. Buterin stressed the importance of Ethereum maintaining credible neutrality, warning that if alignment means merely having the right connections, the concept of alignment would fail. In July, Ethereum community member Ryan Berckmans emphasized to Cointelegraph the importance of limiting marketing efforts among Ethereum builders. He argued that excessive marketing could create a politically charged environment, hindering long-term growth and the adoption of on-chain activities by corporations and governments. Buterin remains a highly influential figure in the Ethereum ecosystem. In a recent interview with Cointelegraph, Charles Hoskinson, founder of Cardano, remarked that Ethereum might be overly reliant on Buterin for direction. Hoskinson questioned the future of Ethereum's development if Buterin were to be removed from the equation, highlighting the challenges in maintaining momentum and achieving consensus on the next steps for the platform.

According to Odaily, a previously inactive Ethereum wallet containing 70 ETH, valued at approximately $184,289, was reactivated around 9:58 AM UTC+8. The wallet had been dormant for 9.2 years before this recent activity.

According to PANews, IntoTheBlock announced on the X platform that Ethereum's weekly transaction fees have reached $45 million, marking the highest level since June 10, 2024. Despite Bitcoin's 'digital gold' narrative gaining more attention in traditional finance, Ethereum's increasing network activity and price performance continue to be noteworthy.

According to Cointelegraph, Ethereum's native token, Ether (ETH), is showing signs of a potential rise to $10,000 in the coming months, driven by a combination of bullish fundamental and fractal indicators. The first significant factor supporting this prediction is the resemblance of Ethereum's current price action to a previous price fractal observed between January 2023 and March 2024. Julien Bittel, head of macro research at Global Macro Investor, notes that during this period, ETH's price consolidated between $1,500 and $2,000 before breaking out to $3,500. The current price action mirrors this earlier consolidation phase, suggesting a similar bullish breakout could occur if the price continues to follow this pattern. Bittel identifies $10,000 as a feasible year-end target for Ether. Another key catalyst for Ether's potential rise to $10,000 is a fractal analysis involving a long-term Fibonacci retracement graph, exponential moving averages (EMA), and relative strength index (RSI) on Ethereum's weekly chart. Historically, ETH's price action has shown similarities between the 2017–2018 and 2020–2021 bull runs, characterized by sharp corrections following parabolic growth. In the current setup, a rally from its 2022 low of $1,080 places the 1.618 Fibonacci extension at $6,978 and the 2.618 extension at $10,623. Ethereum's weekly chart indicates an attempt to reclaim the 50-week EMA, currently around $2,749, while the 200-week EMA at $2,104 has historically marked the bottom of major corrections. The RSI is neutral at 46, suggesting room for further upside if momentum shifts. If Ether reclaims key levels and momentum strengthens, it could reach targets like $6,978 and possibly $10,623, following historical fractal patterns and technical indicators. The third reason for Ethereum's potential $10,000 price is broader macroeconomic trends, specifically global M2 money supply growth. Bitcoin's price has historically moved with M2 money supply growth changes from major central banks like the Federal Reserve, the European Central Bank, and the Bank of Japan. From 2011 to 2020, Bitcoin saw significant price gains during periods of aggressive M2 expansion, benefiting from inflationary concerns and increased liquidity. While 2022 saw M2 growth contract, 2024 shows early signs of a reversal as central banks ease monetary policies in response to economic uncertainties. Since Bitcoin and Ethereum share a positive correlation, a renewed boom in Bitcoin's price amid global liquidity expansion could also lift Ethereum, making $10,000 a realistic target. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

According to Odaily, IntoTheBlock reported on the X platform that Ethereum (ETH) experienced a rapid rebound this week. The proportion of 'profitable' addresses increased from 59% to 69%, indicating a strong buying support at key price levels. Additionally, over 80% of ETH trading volume is now in a profitable state, reflecting solid market confidence.

According to BlockBeats, on September 28, The ETF Store President Nate Geraci revealed that BlackRock's iShares Ethereum ETF has surpassed $1 billion in assets. This milestone places the ETF in the top 20% of over 3,700 ETFs, achieving this feat in just two months.

According to BlockBeats, on September 28, Ethereum community member Ryan Berckmans responded on social media to Multicoin partner Kyle's presentation at TOKEN2049 titled 'Why Solana Will Surpass Ethereum.' Berckmans asserted that Solana will never surpass Ethereum, stating that Solana is currently at its peak in this cycle. Berckmans argued that the fastest Layer 2 solutions (L2s) will eventually outpace Solana. He emphasized that Solana's speed and cost advantages will diminish to zero. He believes that everyone will clearly see that the L2 model is a brilliant innovation, expanding in a way that aligns with the real-world operations while providing excellent value accumulation for Ethereum (ETH). Berckmans also criticized Kyle's narrative about Solana's advantages and progress, suggesting that it is either greatly exaggerated or entirely fictional. He pointed out that Kyle ignored any details about Solana's structural disadvantages, such as offering the same 50,000 transactions per second (TPS) to every customer, which in reality is closer to a maximum of 1,100 TPS today. In Berckmans' view, Solana's true structural advantage lies in leveraging centralization and vertical integration to accelerate growth. He acknowledged that, at least for now, Solana exhibits more curiosity and aggressiveness at the application layer compared to Ethereum, particularly in areas like decentralized infrastructure and consumer crypto.

According to BlockBeats, as of September 28, data from L2BEAT indicates that the total value locked (TVL) in Ethereum Layer2 solutions has risen to $38.61 billion, marking a 6.49% increase over the past week. Among the top five Layer2 solutions, Arbitrum One leads with a TVL of $14.6 billion, experiencing a 4.46% increase over the last seven days. Base follows with a TVL of $7.23 billion, showing an 8.90% growth within the same period. OP Mainnet holds the third position with a TVL of $6.73 billion, also witnessing an 8.91% rise in the past week. Blast ranks fourth with a TVL of $1.59 billion, which has grown by 2.24% over the last seven days. Scroll rounds out the top five with a TVL of $1.33 billion, reflecting a 6.43% increase during the same timeframe.

According to BlockBeats, on September 28, 0xAA, the founder of WTF Academy, shared on social media that a previous analysis conducted in March revealed that nearly 70% of phishing incidents occur during the restaking of ETH. 0xAA explained that once ETH is converted to xxxETH, hackers only need a single signature to steal the assets. This highlights a significant vulnerability in the process of restaking ETH, making it a prime target for cybercriminals. Earlier today, BlockBeats reported that a prominent whale address fell victim to a phishing attack, resulting in the theft of over 12,000 spWETH, valued at approximately $32.43 million.

According to BlockBeats, on September 28, Ethereum co-founder Vitalik Buterin published an article titled 'Making Ethereum Alignment Clear.' The article addresses the challenge of balancing Ethereum client teams, researchers, Layer 2 teams, application developers, and local community groups to ensure a unified Ethereum ecosystem. Buterin introduces the concept of 'Ethereum alignment' to tackle this issue. Ethereum alignment can encompass value alignment (such as open-source principles, minimizing centralization, and supporting public goods), technical alignment (adopting ecosystem-wide standards), and economic alignment (using ETH as a token wherever possible). Buterin analyzes these aspects from the perspectives of open-source, open standards, decentralization, security, and positive-sum outcomes. His ideal goal is to see more entities like L2beat emerge, which track projects' adherence to these standards and other community-defined criteria. Instead of competing through connections, projects should compete based on easily understandable alignment standards. Entities like L2beat, block explorers, and other ecosystem monitoring tools, referred to as 'dashboard organizations,' exemplify the successful implementation of this principle within the Ethereum ecosystem. By making different aspects of alignment clearer without focusing on a single 'overseer,' the concept can be more effective and better promote fairness and inclusivity within the Ethereum ecosystem.

According to BlockBeats, data analysis from Trader T on September 28 revealed that Grayscale ETHE saw a net outflow of $10.72 million yesterday. Over the past 48 trading days, the fund has experienced a total outflow of 36.1% of its original amount. It is projected that by the 101st trading day, which falls on November 7, the outflow will reach 50% of the total amount.

On Sep 27, 2024, 4:31 PM (UTC), according to Binance Market Data, Ethereum (ETH) crossed the 2,700 USDT benchmark and is now trading at 2,700.5 USDT, with a narrowed 1.68% increase in 24 hours.

According to BlockBeats, data from IntoTheBlock reveals that the total fees on the Ethereum network reached $45.2 million this week. This marks a significant week-over-week increase of 188.51%, setting a new high since early June.

According to Odaily, data from Ethereum Daily reveals that Base has surpassed 1.3 million unique addresses, making it the leading Ethereum Layer 2 (L2) solution. This achievement places Base ahead of other prominent L2 solutions, highlighting its growing adoption and usage within the Ethereum ecosystem. In comparison, Arbitrum and Manta hold the second and third positions with 468,000 and 206,000 unique addresses, respectively. The significant difference in the number of unique addresses between Base and its competitors underscores Base's rapid growth and popularity among users. This trend reflects the increasing demand for scalable and efficient solutions within the Ethereum network. The data indicates a competitive landscape among Ethereum L2 solutions, with Base emerging as a frontrunner. As the Ethereum network continues to evolve, the performance and adoption of these L2 solutions will play a crucial role in shaping the future of decentralized applications and blockchain technology.

According to PANews, Ethereum co-founder Vitalik Buterin has called for an increase in the number of 'blobs' introduced during the Dencun upgrade to further expand the network and enhance Layer 2 protocol capacity. In a discussion following the latest developer conference call, Buterin revealed that the current usage rate of blob space is nearing 75%, necessitating an increase through the EIP-7623 proposal. He stated, 'I believe the entire ecosystem is ignoring the fact that it is alarmingly close to the limit.' Blob space, introduced by EIP-4844 (also known as proto-danksharding), is a dedicated data storage area aimed at improving network scalability. The number of blobs refers to the quantity that can be included in each Ethereum block. The current target is three blobs per block, with a maximum of six. However, Buterin now advocates for increasing this to four blobs per block, with a maximum of eight, to allow each block to store more data. This could enhance the ability of Layer 2 networks to publish data on Ethereum. The EIP-7623 proposal suggests raising the calldata cost for Ethereum transactions primarily used for data availability (DA), which would reduce the maximum block size from 2.7MB to approximately 1MB, thereby creating space for potentially increasing the block gas limit or the number of blobs. Buterin expressed concern over some Layer 2 protocols hesitating to use blobs due to fears of market congestion, warning, 'We cannot let the momentum for more Layer 2 protocols to use blobs diminish.' He believes Layer 2 networks are crucial for Ethereum's expansion but emphasized that these networks must remain decentralized. Recently, he stated that he only intends to endorse scaling solutions in their 'first stage' of decentralization. Earlier today, the latest Ethereum ACDE meeting discussed the possibility of including multiple EIPs related to the Ethereum blob fee market in Pectra.

According to BlockBeats, on September 27, data from Farside Investors revealed that the Ethereum spot ETF in the United States experienced a net outflow of $100,000 yesterday.

According to PANews, Galaxy Research Vice President Christine Kim summarized the 197th Ethereum Core Developers Execution (ACDE) call, which focused on discussing and coordinating changes to the Ethereum execution layer (EL). During ACDE #197, developers agreed to proceed with the Pectra upgrade on a limited scale, currently including eight Ethereum Improvement Proposals (EIPs) on Devnet 3. They also discussed the potential inclusion of a set of four EIPs related to the Ethereum blob fee market in the Pectra upgrade. While Vitalik Buterin supported increasing blob capacity in Pectra, other developers expressed opposition, and no final decision has been made. Other blob-related EIPs include EIP 7762 (increasing MIN_BASE_FEE_PER_BLOB_GAS), EIP 7623 (increasing call data cost), and EIP 7742 (separating blob count between CL and EL). Regarding the scope of the next Ethereum hard fork, Beiko confirmed that the upgrade following Pectra will be named Fusaka and will include PeerDAS and EOF. Fusaka may incorporate additional EIPs, provided there is further progress in implementing these two EIPs. Lastly, Beiko announced the introduction of a new EIP for EL upgrades named 'Amsterdam,' which will continue the Verkle EIP initially considered for inclusion in the Osaka upgrade.

According to PANews, Greeks.live macro researcher Adam announced on the X platform that 89,000 BTC options are set to expire, with a Put Call Ratio of 0.64 and a maximum pain point of $59,000, amounting to a nominal value of $5.8 billion. Additionally, 718,000 ETH options are also nearing expiration, with a Put Call Ratio of 0.47 and a maximum pain point of $2,500, totaling a nominal value of $1.9 billion. Adam further analyzed that today marks the third-quarter settlement, and the recent three-week rally in cryptocurrencies has been significantly influenced by the Federal Reserve's 50 basis point rate cut, which has greatly boosted market confidence. As the third quarter comes to an end, historical data suggests that the fourth quarter generally performs well. This year, the U.S. presidential election and two more rate cuts are expected to provide numerous trading opportunities. The quarterly settlement will lead to substantial position shifts and margin releases, with implied volatility (IV) across major maturities remaining low. As the quarterly settlement concludes, IV is likely to face downward pressure, making the next two weeks an opportune time to position for the fourth quarter.

According to Odaily, Cyvers Alerts reported on the X platform that suspicious transactions involving Onyx have been detected on the Ethereum blockchain. The losses are estimated to have reached $3.2 million, primarily in VUSD. The attacker currently holds 521 ETH, valued at approximately $1.36 million, with the remaining digital assets yet to be transferred.