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According to Cointelegraph, traders are expecting more substantial price fluctuations for Ether (ETH) compared to Bitcoin (BTC) due to upcoming macroeconomic events. Derive founder Nick Forster noted in an Oct. 2 analyst report that Ether's forward volatility is projected to spike between Oct. 25 and Nov. 8, coinciding with the United States presidential election on Nov. 5. Forster emphasized that the US election could significantly impact ETH prices, particularly because of its connections to the decentralized finance (DeFi) ecosystem, which might face regulatory scrutiny depending on the elected president's stance on crypto. Derive data indicates a 68% chance of a price swing between -14% and +16% within three days after the election, with a 95% chance of a move ranging from -26% to +35%. At the time of publication, ETH forward volatility stands at 76.6%, while BTC is at 69.8%. This suggests that traders expect significant movement during this period, with ETH appearing more sensitive to external events. Forster explained that traders seem more confident in Bitcoin's ability to withstand macro events, likely due to its established position as a digital store of value and its relatively less direct exposure to regulatory concerns compared to Ethereum. With broader ecosystem concerns hinging on the US election outcome, traders are pricing in more extreme movements for ETH. Forster added that this data reflects traders' expectations for increased uncertainty as the election approaches. Currently, Ether is trading at $2,364, down 5.93% since Oct. 2. Despite the much-anticipated Ether ETF launch in July, the historical debut has not bolstered Ether's price.

According to Odaily, Ethereum co-founder Vitalik Buterin recently proposed on social media that developers should consider the possibility that the current 32 ETH staking requirement is a higher barrier for stakers than bandwidth requirements. He suggested that slightly increasing the bandwidth requirement in exchange for lowering the minimum staking deposit to 16 or 24 ETH could benefit both staking accessibility and scale. Buterin further mentioned that once Ethereum completes the peerdas upgrade, bandwidth requirements would decrease, and with the completion of orbit SSF, the minimum deposit could be reduced to as low as 1 ETH.

According to PANews, data from SoSoValue indicates that on October 2 (Eastern Time), Ethereum spot ETFs experienced a total net inflow of $14.44 million. On the same day, Grayscale's Ethereum Trust ETF (ETHE) saw a single-day net outflow of $5.40 million, bringing its historical net outflow to $2.939 billion. Meanwhile, Grayscale's Ethereum Mini Trust ETF (ETH) had no net outflow for the day, maintaining its historical total net inflow at $295 million. The Ethereum spot ETF with the highest single-day net inflow was BlackRock's ETF (ETHA), which recorded an inflow of $18.04 million, pushing its historical total net inflow to $1.164 billion. Following this was Franklin Templeton's ETF (EZET), with a single-day net inflow of $1.81 million, bringing its historical total net inflow to $37.12 million. As of the time of reporting, the total net asset value of Ethereum spot ETFs stands at $6.508 billion, with an ETF net asset ratio (market value relative to Ethereum's total market value) of 2.27%. The historical cumulative net outflow has reached $558 million.

According to Odaily, Puffer Finance announced on platform X that UniFi AVS has been successfully launched on EigenLayer. Over 300,000 ETH have been restaked through EL operators. Previously, Puffer Finance introduced UniFi AVS, a product aimed at unlocking the full potential of based rollups to address Ethereum's fragmentation issues. Additionally, it allows Ethereum to surpass other Layer 1 solutions in speed without compromising decentralization.

According to Odaily, data from Farside Investors revealed that the Ethereum spot ETF in the United States experienced a net outflow of $48.6 million yesterday.

According to Odaily, recent data monitored by Trader T indicates that Grayscale's ETHE experienced a net outflow of $26.64 million yesterday. Over the past 50 trading days, the ETH managed by Grayscale has seen a net outflow of 36.7%. Projections suggest that by November 7, which is 101 days from now, the net outflow could reach 50%.

On Oct 01, 2024, 15:10 PM (UTC), according to Binance Market Data, Ethereum (ETH) dropped below 2,500 USDT and is now trading at 2,488.439941 USDT, with a narrowed 4.63% decrease in 24 hours.

According to BlockBeats, on October 1, Etherscan data revealed a significant increase in Ethereum network gas fees, reaching 62.5 gwei. This surge is believed to be influenced by the news of the 'EIGEN token transfer' becoming available.

According to Odaily, BlackRock's recently launched Ethereum ETF has seen significantly lower trading volume and fund inflows compared to its Bitcoin ETF. Robert Mitchnick, the company's head of digital assets, does not expect this trend to change soon. Speaking at the Messari Mainnet conference in New York, Mitchnick acknowledged that the performance of BlackRock's Ethereum ETF has been 'less impressive' compared to the Bitcoin ETF so far. However, he urged the audience to compare ETHA with the overall ETF market, noting that it is very rare for an ETF like Ethereum to reach $1 billion in assets under management within seven weeks. In most cases, it takes many years for a new ETF to achieve this scale.Mitchnick explained that the investment narrative for Ethereum is not as easily digestible for many investors, which is why BlackRock is committed to an educational journey with many clients. He emphasized that while Ethereum's trading volume and assets under management may not match Bitcoin's, it is still a good start.

According to Odaily, the Ethereum Foundation has recently come under scrutiny for its significant transfers of Ether (ETH). Some members of the community are calling for increased transparency regarding these transactions. On-chain data released by Lookonchain indicates that the Ethereum Foundation has sold over $10 million worth of ETH this year.

According to PANews, EigenLayer is set to unlock transfers tomorrow, with expectations of launching on major exchanges. The restaking sector has faced criticism for being a complex game among staking tokens. However, this criticism overlooks a significant positive externality: EigenLayer, along with protocols like Etherfi, Puffer, Renzo, KelpDAO, and Swell, has disrupted Lido's monopoly in the Liquid Staking Token (LST) market. Lido's market share has decreased from a concerning 33% to 28%, thereby maintaining the decentralization and security of the Ethereum mainnet. Restaking combined with Active Validator Set (AVS) represents the complete potential of EigenLayer. Currently, 19 projects have adopted EigenLayer's AVS, including OmniNetwork, Cyber MACH, AltLayer MACH, DODOchain MACH, and ARPA Network. Notable projects without token generation events (TGE) include EigenDA, Hyperlane, eoracle, Witness Chain, and Lagrange. Following Vitalik Buterin's confirmation of the Rollup Centric roadmap for the Ethereum community, the ReStaking+AVS paradigm faces some uncertainty. The next step might involve integrating with the Rollup paradigm to provide services such as Data Availability (DA), shared sequencers, high-security oracles, unified cross-domain liquidity, and ZK coprocessors. Given the current adoption of AVS, the Ethereum community's concern about consensus overload seems less urgent than it did before the exponential growth of the restaking sector earlier this year. Consensus overload refers to validators potentially taking on too many responsibilities beyond their original role on the Ethereum mainnet. This could lead to the dispersion of validator resources, complicate incentive mechanisms, and raise security concerns if a large number of validators participate in EigenLayer, potentially affecting the overall security of the Ethereum mainnet.

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.