Ethereum's Busy Network and Other Crypto Updates

Ethereum's Record-Breaking Activity

Ethereum is experiencing unprecedented growth, processing over 2.8 million transactions in a single week. This surge indicates that the network is efficiently managing increased activity without causing fees to spike. Additionally, the staking exit queue has dropped to zero, signaling a stable interest in staking rather than a mass exodus.

Crypto Neobanks: Bridging Traditional and Digital Finance

Crypto neobanks are gaining momentum, offering everyday financial services such as payments, savings, and borrowing using stablecoins. This trend underscores a shift towards making crypto more accessible and user-friendly. Projects like ether.fi and Polygon are at the forefront, leveraging decentralized finance (DeFi) to provide these services.

Vitalik Buterin's Distributed Validator Technology (DVT)

Vitalik Buterin, co-founder of Ethereum, has proposed a new staking method called Distributed Validator Technology (DVT). This innovation aims to enhance staking resilience and simplicity for large ETH holders. DVT enables validators to operate across multiple machines, reducing penalties and improving security.

Solayer's $35 Million Fund for InfiniSVM Network

Solayer has launched a $35 million fund to support projects building on its infiniSVM network. This network is designed for real-time execution and fast settlement, aiming to replace the batch processing used by most blockchains. Joshua Sum, Solayer's chief product officer, emphasized the importance of immediate settlement and low latency.

Galaxy Digital's $100 Million Hedge Fund

Galaxy Digital is planning a $100 million hedge fund to capitalize on the volatility in digital assets and fintech. The fund will take both long and short positions, targeting crypto tokens and financial services stocks influenced by digital asset technologies and regulations.

Onchain Security Improvements Amid Rising Crypto Losses

Despite rising crypto losses, onchain security is improving. Most hacks in 2025 were due to operational failures, such as compromised devices or manipulated employees, rather than flaws in the blockchain code itself. This suggests that while criminals are becoming more sophisticated, the underlying technology is growing more secure.

Coinbase Withdraws Support for Digital Assets Bill

Coinbase, one of the largest crypto exchanges, withdrew its support for a major digital assets bill just before a key hearing. This decision highlighted concerns about consumer protection and market competition, leading to the cancellation of the hearing and renewed negotiations.