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Altcoinlerin son dönemde Bitcoin’den daha iyi performans gösterdiği yönündeki yorumlar kripto piyasasında yeniden gündemde. Ancak bir analistin yaptığı basit karşılaştırma, bu görüşün tüm piyasa için geçerli olmayabileceğini ortaya koyuyor.

VirtualBacon adıyla bilinen trader Denis Liu, Bitcoin’in 22 Ağustos ve 9 Eylül’de neredeyse aynı seviyede olduğu iki günü karşılaştırdı. BTC bu iki tarihte sırasıyla 78.313 ve 78.440 dolar seviyesindeydi.

Peki Bitcoin yaklaşık aynı yerdeyken altcoinler ne yaptı?

Bitcoin Aynı Yerdeyken Altcoinler Ne Kazandı? Liu’nun karşılaştırmasına göre büyük altcoinlerin çoğu Bitcoin’deki hareketsizliğe rağmen güçlü bir ayrışma göstermedi.

Ethereum %1, XRP %2, Dogecoin %2, Tron %1 ve Cardano %3 gerilerken, büyük altcoinler arasındaki istisnalardan biri Avalanche oldu ve %2 yükseldi.

Liu’ya göre dokuz büyük altcoinin altısı, 22 Ağustos’taki seviyelerine yalnızca birkaç puan uzaklıkta kaldı. Bu da Bitcoin yükseldiğinde altcoinlerin de hareket ettiğini, ancak BTC yatay kaldığında bu kazançların önemli bölümünün geri verildiğini gösteriyor.

Buradaki temel soru ise şu: Altcoinler gerçekten Bitcoin‘i geride mi bırakıyor, yoksa yalnızca Bitcoin’in hareketlerini daha sert mi takip ediyor?

Hangi Altcoinler Bitcoin’den Daha İyi Performans Gösterdi? Karşılaştırmada tamamen ayrışan coinler de vardı.

Solana iki tarih arasındaki dönemde %10, BNB %9 ve Chainlink %5 yükseldi.

Ancak Liu, bu hareketlerin başka bir sorunu beraberinde getirdiğini düşünüyor. Bir coin yükselmeye başladıktan sonra hikâyesinin piyasada yaygın şekilde konuşulmasını beklemek, yatırımcının hareketin önemli bölümünü kaçırmasına neden olabilir.

Bu nedenle trader, daha güçlü performans gösteren altcoinleri takip etmek yerine Bitcoin’i elinde tutmayı tercih ettiğini söyledi.

Liu’nun yaklaşımı, altcoin rallisinin tamamını reddetmiyor. Asıl itirazı, birkaç güçlü performansın bütün piyasaya mal edilmesine.

Bitcoin’den sadece daha sert hareket eden bir coin, yine de Bitcoin’i takip ediyor.”

— VirtualBacon

“Altcoinler Bitcoin’i Geçiyor” Görüşü Neye Dayanıyor? Piyasada bunun tam tersini savunan analistler de bulunuyor.

Matthew Hyland, 100’den fazla büyük altcoinin farklı zaman dilimlerinde Bitcoin’den daha iyi performans gösterdiğini öne sürüyor.

Hyland, temmuz ayında yayımladığı değerlendirmesinde makro risk göstergelerinin 2016-2017 ve 2020-2021 dönemlerine benzer şekilde olumlu bir yapıya dönüştüğünü savunmuştu.

Analist ayrıca Total 2, Total 3 ve OTHERS gibi altcoin piyasasının genel performansını izleyen göstergelerin uzun vadeli düşüş trendlerini kırdığını belirtiyor.

Altcoin Sezonu Gerçekten Başladı mı? Hyland’in görüşünü destekleyen bir başka gelişme de vadeli işlem piyasasında yaşandı. Altcoin sürekli vadeli işlem sözleşmelerindeki açık pozisyon miktarı, Aralık 2024’ten bu yana ilk kez Bitcoin’in üzerindeki seviyeye çıktı.

Hyland bu gelişmeleri, şimdiye kadarki en büyük altcoin yükselişlerinden birinin hazırlığı olarak yorumluyor.

Ancak VirtualBacon’ın yaptığı fiyat karşılaştırması başka bir şey söylüyor: Bitcoin yaklaşık iki buçuk hafta boyunca aynı seviyelerde kalırken piyasanın en büyük altcoinlerinin çoğu belirgin bir şekilde ilerlemedi.

Dolayısıyla iki görüş aslında tamamen aynı soruya cevap vermiyor. Hyland gelecekte oluşabilecek daha geniş bir altcoin hareketine dikkat çekerken, Liu mevcut fiyat performansına bakarak bunun henüz piyasaya genellenemeyeceğini savunuyor.

Altcoinlerde Asıl Hareket Nerede? Veriler, “altcoinler Bitcoin’i geçiyor” ifadesinin şu aşamada bütün piyasayı kapsayan tek bir hikâye olmadığını gösteriyor.

Solana, BNB ve Chainlink gibi bazı altcoinler belirgin şekilde yükselirken büyük bölümün Bitcoin’e kıyasla sınırlı hareket ettiği görülüyor.

Bu nedenle önümüzdeki dönemde asıl izlenecek konu, birkaç altcoinin yükselmeye devam etmesi değil, bu performansın piyasanın geneline yayılıp yayılmayacağı olacak.

Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.

Son Dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.

US-listed XRP ETFs saw $1.55 million in inflows on September 8, the largest among 12 spot crypto fund groups. Only Hedera (HBAR) products joined them, with $431,180.

Four groups lost money, and six recorded no flow at all. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) had not all fallen on the same day since July 9.

Bitcoin, Ethereum, and Solana Bled Together for the First Time Since JulyBTC funds lost $46.65 million, the heaviest loss in the group. Ethereum products followed with $24.29 million. Solana products shed a slimmer $667,719.

Those three had not fallen together in the previous 41 sessions. Hyperliquid (HYPE) funds lost $12.96 million, erasing the $10.52 million they collected on September 4.

Those four accounted for every dollar that left, $84.56 million in total, according to SoSoValue records. 

US Spot Crypto ETF Net Flows Across 12 Groups, September 8, 2026. Source: SoSoValue/BeInCryptoFollow us on X to get the latest news as it happens

For XRP, Franklin’s XRPZ fund absorbed the entire $1.55 million inflow. The Bitwise, Canary, 21Shares, and Grayscale products all printed zeros.

The Avalanche (AVAX), BNB (BNB), Dogecoin (DOGE), Polkadot (DOGE), Chainlink (LINK), and Litecoin (LINK) funds all printed zeros. Momentum had already drained from the altcoin groups the previous week.

Monthly figures read softer than the daily numbers. Bitcoin funds still hold a $723.5 million gain for September, while Ethereum products sit on $106.43 million.

XRP funds have added $14.86 million this month, ahead of Solana at $4.58 million. Dogecoin and Hyperliquid are the only groups underwater for September.

The two groups that drew money also led the field on price. Hedera has gained 7.4% over seven days, XRP 7%, and Bitcoin 2.2%.

XRP Price Performance. Source: BeInCrypto MarketsXRP changed hands near $1.44 on Tuesday, up 4.06% over 24 hours. Hyperliquid rose 3.3% to $86.77, while Solana added 2.03%.

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Hyperliquid (HYPE): HYPE remains bullish despite cooling from $89, with $78–$80 support key for another push toward $90 and potentially $100.Zcash (ZEC): ZEC's powerful rally remains intact, but extreme overextension and overbought RSI make a correction toward $1,000 or even $850 possible.Ethereum (ETH): ETH is consolidating above key support after its August breakout, but a rally to $2,600–$2,650 seems unlikely.Shiba Inu (SHIB): SHIB's recovery remains constructive, but reclaiming the 200-day moving average at $0.00000567 is necessary to stay bullish.Hyperliquid might retreatAfter one of its biggest rallies of the year, Hyperliquid is finally exhibiting some signs of weariness. After dropping about 3.2 percent during the day, HYPE is currently trading at $82.50, retreating from the most recent local peak near $89. 

HYPE/USDT Chart by TradingViewBut the overall structure is still very bullish. In the latter part of August, HYPE surged from the $56–$60 range and then surpassed its prior significant highs at $75. The asset is still significantly above all of the daily chart's major moving averages. 

While the 50-day and 100-day averages are significantly lower at roughly $66.82 and $65.39, the 20-day moving average is close to $77.82. Nearly $57 is the 200-day average. Whether the current decline is indicative of normal cooling or the start of a more significant correction is the immediate question. 

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The former scenario is somewhat supported by the RSI. It moved into overbought territory before declining to about 57 points. As a result, momentum significantly returned to normal while the price corrected. 

The crucial support zone is now between $78 and $80. It overlaps with the 20-day moving average, which is rising quickly, and the recent consolidation area. Holding it would put HYPE in a position to try again at $88–$90. A breakout there could open the path to the psychological $100 level. 

Will Zcash's uptrend stay up?Zcash (ZEC) is still in an incredibly aggressive uptrend, but there is a much greater risk of a correction given its current technical configuration. After briefly rising above $1,240, ZEC is currently trading at about $1,149, continuing a rally that started in August at about $480. The price has significantly deviated from its main moving averages. 

ZEC/USDT Chart by TradingViewThe 50-day and 100-day averages are still close to $651 and $614, respectively, while the 20-day average has already increased to about $849. At $512, the 200-day average is situated. 

This separation shows how strong the trend is, but it also indicates that ZEC has very little technical support in the area if momentum abruptly stops. RSI is an additional caution. The daily reading is still in overbought territory, at about 75.8. In contrast to a traditional bearish signal, an overbought RSI does not always indicate that a strong trend will immediately reverse. 

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However, it does show that chasing ZEC around current levels is much riskier. The recent $1,230–$1,250 peak continues to be the first barrier. A strong breakout might move the market closer to $1,300 and possibly higher. The first area to watch on the downside is between $1,080 and $1,100. $1,000 becomes the primary psychological support below it. 

The larger bullish structure would not necessarily be destroyed by a deeper correction toward $850, which would still keep ZEC above its quickly rising 20-day moving average. 

Ethereum withstanding pressureEthereum is currently trading at about $2,459 as it consolidates following its explosive August breakout. The crucial point is that, despite multiple attempts to drive the asset below $2,400, sellers have not yet been able to undo the new market structure. 

ETH/USDT Chart by TradingViewWith remarkable momentum, ETH emerged from a protracted consolidation between $1,880 and $1,920, quickly surpassing all of its major moving averages. At about $2,345 and $2,185, respectively, it is currently trading well above the 20-day and 200-day averages. The 50-day and 100-day averages are still much lower, at about $2,127 and $2,101, respectively. There is no doubt, however, that momentum has decreased. 

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Trading volume has significantly decreased since the initial breakout, and the RSI has dropped to about 60 from overbought territory. Both developments show that the market has entered consolidation following an exceptionally quick repricing, so neither is inherently negative. 

Between $2,520 and $2,560 is where the immediate resistance is located. ETH has tested this area on several occasions without yielding a strong daily breakout. Clearing $2,560 would probably put $2,600–$2,650 back on track. $2,400 remains the first significant support on the downside. 

A breakdown would reveal the rising 20-day average around $2,345. The larger bullish structure is unaffected as long as that area holds.

Can SHIB keep up with the market?Shiba Inu's chart is still far less convincing than Ethereum's, but it is still making progress. After setting a series of higher lows since its August bottom near $0.00000440, SHIB is currently trading around $0.00000541. 

SHIB/USDT Chart by TradingViewBuyers are favored by the short-term structure. While the 50-day and 100-day averages are close to $0.00000491 and $0.00000503, SHIB is still above its 20-day moving average at $0.00000517. 

More significantly, the price still respects the rising support line that was established during the most recent rebound. The 200-day moving average at $0.00000567 remains the main barrier. Since SHIB has not returned to this level, there has not been a clear bullish reversal in the overall trend. 

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Aggressive selling also affected earlier attempts to move significantly above it. Momentum is neutral to positive. With an RSI of about 57, there is plenty of room before overbought conditions become problematic. The most recent advance, however, lacks the participation observed during SHIB's earlier explosive moves, as evidenced by the declining volume.

A breakout above $0.00000567 could reopen $0.00000600–$0.00000620 and would be the most significant technical confirmation. On the other hand, the recovery would be weakened if the rising support and $0.00000517 were lost. The crucial defensive zone for buyers would then be the $0.00000490–$0.00000500 range.

Key Highlights EIP-8141 (Frame Transactions) has been confirmed for Ethereum’s Hegotá upgrade, expected to launch in 2027 The upgrade will enable gas fee payments without requiring users to possess ETH in their wallets Third-party sponsors can pay network fees in ETH while accepting stablecoins from users as reimbursement The system bundles token approvals with transactions, automatically revoking permissions if operations fail Frame Transactions align with Ethereum’s quantum-resistance strategy, aiming for a post-quantum secure network by late 2029 Ethereum’s development team has finalized the inclusion of Frame Transactions in the upcoming Hegotá protocol upgrade, set for implementation in 2027. This enhancement, detailed in EIP-8141, will enable network participants to conduct transactions without maintaining ETH balances for transaction fees.

⚡️UPGRADE: Ethereum commits to enable users pay gas fees with stablecoins, even without holding ETH.

Under EIP-8141, an app or another wallet could pay the Ethereum gas fee for users and charge them in stablecoins instead.

This means users could send stablecoins even with ZERO… pic.twitter.com/YNi6J4gpBo

— Coin Bureau (@coinbureau) September 7, 2026

Currently, users face a significant usability barrier: wallets containing substantial stablecoin holdings cannot initiate transfers without ETH for gas. Every operation on Ethereum demands payment in its native token, creating friction for users who exclusively hold alternative assets.

The Mechanics of Frame Transactions EIP-8141 introduces a modular transaction structure that separates authorization, fee settlement, and execution into distinct components. This architecture allows different accounts to handle each element, creating scenarios where one wallet covers network costs while another initiates the actual transfer.

Payment applications could absorb gas expenses directly or accept stablecoins from users before converting them to ETH for protocol-level fee payment. Importantly, Ethereum’s base layer continues collecting fees exclusively in ETH—the innovation lies in abstracting this requirement away from end users.

While certain wallet providers currently offer comparable functionality through external relayer services, Frame Transactions would integrate this capability directly into Ethereum’s native transaction processing, eliminating dependency on auxiliary systems.

Transaction Bundling and Enhanced Protection Frame Transactions introduce the ability to combine multiple operations atomically. Under current protocols, token exchanges require two separate actions: granting spending permission to a decentralized exchange, followed by executing the actual swap. When swaps fail, permissions frequently remain active indefinitely.

The Frame system links both operations together. Should the exchange transaction fail to complete, the associated approval automatically reverts. This mechanism addresses a persistent vulnerability that has affected Ethereum users.

Additionally, Frames enable accounts to modify authentication parameters without migrating assets to different addresses. This functionality facilitates key rotation protocols and adoption of alternative cryptographic signature methodologies.

Vitalik Buterin appears among the ten contributors credited on EIP-8141. He commented via X that development momentum on this proposal has accelerated significantly in recent months.

Ethereum’s Development Timeline The Hegotá upgrade will follow Glamsterdam, currently scheduled for December 2026. Development teams may commence Hegotá-related implementation during the latter part of 2026, with the complete upgrade anticipated throughout 2027.

Approximately 60 researchers and engineers evaluated 62 potential EIPs for inclusion in Hegotá. Frame Transactions earned an S-tier classification, securing its position as a fundamental component rather than an optional feature.

This functionality also advances Ethereum’s extended security objectives. The Ethereum Foundation has established December 2029 as the target date for achieving quantum-resistant Layer 1 infrastructure. Frame Transactions contribute to this goal by enabling signature scheme transitions without necessitating separate hard forks or asset migrations.

The EIP documentation remains in draft status, and implementation specifics may evolve before the upgrade activates. Frame Transactions are not currently accessible on Ethereum’s production network.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

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Real-world asset (RWA) perp trading volume slipped 13.5% in August to $122 billion, the segment’s first monthly decline since January 2026, according to CryptoRank.

The pullback broke six straight months of growth. It landed in the same period that the wider crypto market staged its broadest rally of 2026, with 83% of the top 100 assets closing higher.

Why Traders Left Tokenized Assets MarketsReal-world asset (RWA) perpetuals spent the first half of 2026 filling a gap. Crypto itself was quiet. The Fear and Greed Index held below 51 for 217 straight days through August 20, and Bitcoin (BTC) closed four of the first six months lower.

Traders on perpetual decentralized exchanges who wanted price action looked to tokenized stocks, commodities, and indices. That demand compounded month after month, lifting volume from $23.1 billion in January to a July record of $141 billion.

August changed the setup. Bitcoin returned 25%, its strongest August since 2017, while Ethereum (ETH) gained 32.5%. Breadth widened alongside it, with 70 of the 84 non-stablecoin assets in the top 100 finishing higher.

CryptoRank attributes the RWA decline directly to that shift. 

“Once the majors started offering directional beta again, perp DEX traders stopped needing real-world assets to find it,” the report read.

Monthly RWA Perp Trading Volume From January to August 2026. Source: CryptoRankFollow us on X to get the latest news as it happens

Tokenized Stocks Now Lead the CategoryThe composition of what remains tells a different story from the headline number. Public equities are now the largest RWA perpetual category.

On Hyperliquid, tokenized stocks accounted for 67% of HIP-3 volume in August. Volume across the segment also remains more than five times the January level, so the pullback trims a steep climb rather than erasing it.

Exchanges read the same demand. New centralized exchange listings more than doubled to 199 in August from 98 in July, and CryptoRank ties part of that increase to tokenized stocks reaching centralized venues.

September now decides which reading holds. If RWA volume stabilizes while crypto keeps rallying, the August drop was rotation. If it keeps falling, the segment was borrowing traders rather than building them.

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Bitcoin and Ethereum ETFs had a bit of a couples therapy moment on September 2, with the two asset classes heading in starkly different directions. Bitcoin ETFs pulled in a net 398 BTC, worth roughly $31M, while Ethereum ETFs hemorrhaged 19,667 ETH, approximately $48M, in a single trading session.

The divergence is notable not because crypto funds move in lockstep (they don’t), but because it snapped a 12-session inflow streak for Ethereum products.

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The weekly picture softens the blow Over the week, Bitcoin ETFs accumulated 8,937 BTC, while Ethereum ETFs still managed a net positive weekly inflow of 15,939 ETH despite the ugly daily number.

Bitcoin ETFs had a particularly strong showing across multiple sessions. September 2 brought in $101M, and September 4 followed with $175M. For the week ending September 4, Bitcoin ETFs amassed close to $987M in net inflows. Cumulative net inflows into US spot Bitcoin ETFs have now exceeded $55B since they debuted in January 2024.

BlackRock remains the gravitational center The issuer landscape continues to be dominated by a familiar trio: BlackRock, Fidelity, and Grayscale. BlackRock’s IBIT fund on the Bitcoin side, along with its ETHA and ETHB products for Ethereum, consistently lead in daily volume and investor flows.

Grayscale occupies an interesting position. Its converted trust products still carry higher fee structures than newer competitors, which has historically led to persistent outflows as investors rotate into cheaper alternatives.

2026 has been a roller coaster for crypto ETF flows The September divergence fits neatly into a broader 2026 pattern of extreme volatility in fund flows. June brought record outflows across both Bitcoin and Ethereum products. April and August, by contrast, saw robust inflow periods. Crypto flows closely track two variables: overall investor risk appetite and interest rate expectations.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Ethereum Price Analysis: ETH Struggles Below $2.5K, Is a Deeper Pullback Coming?

In the cryptocurrency market, the actions of major players have been making headlines lately, as much as price movements.

Bitcoin climbed back above $82,000 last week, but Friday’s US employment data created significant selling pressure on the market. The data, which came in much higher than expected and showed the unemployment rate remaining stable, strengthened expectations that the Fed might raise interest rates at its September meeting. As a result, US bond yields rose while Bitcoin fell below $80,000.

This situation was also reflected in altcoins, and the resulting volatility reshaped investors’ risk appetite. In this context, transfers made by whale wallets also attracted attention.

According to Lookonchain, a cryptocurrency analysis platform, Chinese crypto whale Garrett Jin holds the largest ZEC short position on the chain. However, he appears to be giving up.

Jin recently closed a short position of 7,000 ZEC ($8.16 million), incurring a loss of $4.12 million. Despite this, he still holds a short position of 32,760 ZEC ($37.83 million), with an outstanding loss of $18.95 million. The liquidation price is stated as $2,857.

Lookonchain also reports that whales are buying Solana. According to them, a whale named “HURDw” purchased a total of 285,503 SOL (worth $28.82 million) on Hyperliquid in the last 3 weeks.

Another whale, who previously spent $4.73 million on PONS, UNI, AAVE, and CASHCAT, purchased 3.48 million of the altcoin “4Stock” today by spending 163,256 USDT.

In addition, a wallet affiliated with the cryptocurrency trading company Cumberland is accumulating PONS. According to the data, in the last 4 days, it withdrew 3.5M PONS ($2.78 million) from Gate at an average price of $0.8.

The trader with the address “0xbebb” turned 4.4K into 780K in just 2 hours. This represents a 177x return.

According to the data, a trader who spent 4.4K USDC to buy 18.6M of the altcoin “4Stock” is now the largest investor in “4Stock,” with a value of 780K.

Lastly, Abraxas Capital bought 13,000 spot ETH ($32.39 million) to hedge its short position in Hyperliquid worth 141,180 Ethereum ($353.27 million).

*This is not investment advice.

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In brief Bitmine bought 28,086 ETH last week, worth about $70 million at its reported reference price. Its crypto, cash, securities, and other investments total $15.7 billion, the company says. Bitmine has staked about 85% of its ETH and projects $330 million in annual staking revenue. Bitmine Immersion Technologies bought another 28,086 Ethereum tokens last week, bringing its holdings to 5.93 million ETH as it approaches its goal of owning 5% of the cryptocurrency’s supply.

The purchase was worth approximately $70 million at the company’s reference price of $2,495 per token. Bitmine did not disclose its acquisition cost.

Myriad: Ethereum's next price move? Click to make your prediction.“Bitmine's track record of consistent buying of crypto is unmatched by any public company in the world,” Bitmine Chairman Tom Lee said in a statement. “Bitmine has bought ETH each and every week since the inception of the ETH Treasury Strategy on June 30, 2025." (Disclosure: Tom Lee is an investor in Dastan, Decrypt’s parent company.)

The acquisition was smaller than the 53,501 ETH purchase announced the previous week. Bitmine has bought Ethereum weekly since launching its treasury strategy in June 2025, according to the company.

According to Lee, Ethereum was the best-performing major asset in the third quarter through last Friday, with gains exceeding those of the S&P 500 stock index by 54.3 percentage points.

“In fact, the top 3 performing assets since June 30th are ETH, BTC and SOL," he said. "We believe this sets the stage for institutions to add to their crypto holdings given the substantial outperformance of crypto versus other macro assets in calendar Q3 so far."

As of September 7, Bitmine valued its Ethereum at approximately $14.8 billion and its combined holdings at $15.7 billion. The total includes 211 bitcoin, $593 million in cash and marketable securities, a $180 million stake in Beast Industries, and a $91 million stake in Eightco Holdings.

Bitmine says its ETH represents approximately 4.9% of Ethereum’s supply. Its latest release puts the company 97% of the way toward its 5% target, compared with 98% in the previous announcement, despite the additional purchases.

While the company continues to accumulate ETH, it has staked roughly 5.1 million tokens, about 85% of its holdings. According to Lee, annualized staking revenues are now projected at $330 million.

As Bitmine approaches its goal of owning 5% of Ethereum’s supply, it remains unclear whether purchases will continue beyond that target. Lee said in May that the company would slow its buying to avoid reaching the goal too early.

Bitmine’s weekly buying continues as other companies holding digital asset treasuries adjust their holdings and investment strategies going forward in 2026.

Michael Saylor’s Strategy, the largest corporate Bitcoin holder, bought no Bitcoin in the week through September 7, following a $370 million purchase the previous week, and spent $176.3 million repurchasing preferred stock. Strive, a Nasdaq-listed asset manager and Bitcoin treasury company, announced a $143 million Bitcoin purchase on August 31. SharpLink, an Ethereum treasury company, plans to stake $200 million in ETH through Lido to earn rewards.

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Bitmine Immersion Technologies, the largest corporate holder of Ether, has announced a fresh acquisition of the cryptocurrency as it advances toward its management goal of holding 5% of Ethereum’s total supply.

Major Ether Purchase Boosts HoldingsThe company stated on Tuesday that it purchased 28,086 Ether (ETH) last week, a transaction valued at approximately $69.5 million based on prevailing market rates. This brings Bitmine’s total Ethereum holdings to 5.93 million ETH, acquired at an average price of $2,495 per coin.

Following this acquisition, Bitmine now owns nearly 5% of the circulating Ether supply, edging closer to the company’s stated objective to accumulate 5% of the entire Ether market within 15 months. The company also completed a separate 53,501 ETH purchase last week, which previously brought its share of Ethereum’s circulating supply to 4.9% out of the 120.7 million total.

Company Asset Breakdown and Staking RevenueBitmine’s total assets stand at $15.7 billion, which includes $593 million in liquid assets such as marketable securities, cash, additional crypto holdings, and 5.1 million staked Ether. The company reports that its staked holdings are expected to generate $330 million in annualized staking revenue.

Approximately 97% of Bitmine’s target to acquire 5% of the Ether supply has now been achieved, the firm revealed. Chairman Tom Lee oversees the company’s aggressive accumulation strategy, which has rapidly elevated Bitmine to the top of major Ether holders.

Mini dictionary: Bitmine Immersion Technologies is a US-based blockchain infrastructure company primarily focused on large-scale cryptocurrency holdings and digital asset management, known for its significant acquisitions of Ethereum.

MetricValueTotal Ether held5.93 million ETHAverage purchase price$2,495 per ETHShare of total Ether supplyApproximately 5%Current value of latest purchase$69.5 millionStaked Ether holdings5.1 million ETHMarket Context and Stock ReactionDespite these major acquisitions, Bitmine currently faces $5.1 billion in unrealized losses on its Ethereum position, according to Dropstab data. This reflects the decline in Ether’s market value, which has fallen 16% since the start of 2026. At 1:29 pm UTC on Tuesday, ETH was trading at $2,469, according to CoinMarketCap.

Bitmine’s stock, listed on the New York Stock Exchange under the ticker BMNR, was down more than 2% at Tuesday’s market open. This latest movement extends the stock’s double-digit decline year-to-date, based on data from Yahoo Finance.

While nearing its accumulation target, Bitmine’s holdings account for a substantial share of Ethereum’s total circulating supply, yet mounting unrealized losses reflect challenging market conditions for major institutional holders.

The plan would snapshot ONE at the final block and redirect emissions to an AI video business, but Harmony urged users to exit smart contracts before Sept. 10 because onchain apps and liquidity pools will not migrate.

Harmony has proposed fully sunsetting its blockchain after seven years and migrating its native ONE token to Ethereum, with holders receiving new ONE through a final-block snapshot and airdrop. Token emissions would be redirected to a new business the team calls the “Remix Economy for AI Video.”

Under the proposal, the snapshot would cover ONE held in user wallets, staking delegations, validator rewards, smart contracts and centralized exchanges. New tokens would be airdropped to the same wallet addresses on Ethereum without a separate claim process, while delegated stakes and unclaimed rewards would go to individual governor vaults.

The transition creates a Sept. 10 deadline — Thursday — for users with ONE deployed onchain. Harmony said multisig safes, liquidity pools and apps cannot be migrated, and urged users to exit all smart contracts before that date. Validators may begin shutting down nodes on Sept. 10.

Harmony attributed the proposal to security risks, saying “the threats posed by state actors and AI agents are too great.” The notice describes the proposal as non-binding and says all plans are subject to change.

What Harmony Is Pivoting ToHarmony said newly issued tokens would fund a video platform in which creators publish open prompts and assets that others can fork, with AI agents generating additional clips from each remix. “Tokens issued through emissions will now be allocated to our new mission,” the team said, adding that it would take “governor feedback.”

The team said it would “bootstrap this economy with creators and operators who make AI videos,” and that “advertising could generate tens of millions of dollars from a million users.” Harmony did not publish user numbers or a launch date for the platform.

Harmony said ONE’s total supply and emission rate would remain unchanged after the move. The project also said it would publish the ERC-20 contract, governor-vault contract, snapshot calculations and airdrop scripts for public audit.

Exchange Gap Narrowed to 6.58B ONEThe proposal lands while Harmony is still reconciling the August incident that prompted it. In a separate update, Harmony said the exchange-related ONE gap tied to the Aug. 11 incident had been adjusted to 6.581 billion from about 10.234 billion.

Harmony said the revision followed reconciliation with Binance, Binance.US, Gate, KuCoin, MEXC and OKX, and came from matching 295 cross-exchange transfers totaling roughly 3.493 billion ONE and accounting for circular transfers. The team said the reduction “does not equate to newly recovered funds,” and that Binance data remained provisional while some Gate and OKX figures awaited verification.

Harmony said exchanges had frozen ONE balances and proceeds linked to the attacker, and that “the current priority is to coordinate the resumption of ONE deposits, withdrawals, and trading as soon as possible.” Each exchange would announce its own timing.

The incident prompted Harmony to patch two verification paths after reports of unauthorized ONE issuance. As The Defiant reported, Harmony asked exchanges to block four wallets, paused its bridge and evaluated rollback options. Harmony did not confirm onchain account Juiceberg’s claim that four billion unauthorized ONE had been created.

Current Network FootprintHarmony’s staking dashboard showed about 3.04 billion ONE staked across the network, with an effective median stake of 6.83 million ONE. The chain had $146,337 in decentralized finance total value locked and $4,611 in 24-hour DEX volume, according to DefiLlama, which lists the chain as deprecated. Chain fees over the same period were $2.35.

ONE traded at about $0.00071, down 1.3% over 24 hours and 2.3% over the week, for a market capitalization near $10.6 million, according to CoinGecko. The token reached $0.379 in October 2021.

Validator TermsFor validators, Harmony set aside a $1.372 million transition pool, which it said equals the network-wide rewards issued during the year before the Aug. 11 incident. Harmony said validators who shut down on time, sign an agreement, retain their stakes and serve as governors in its new initiative would receive compensation in four quarterly installments.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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The countdown has begun for Ethereum’s battle against the threat of quantum computers. Developers are racing to complete the Layer 1 network transition by the end of 2029.

In tandem with that transition, Hegota plans to initiate an intermediate step towards transitioning account signatures to stronger ones beginning at the end of 2026.

More importantly, all parties involved will be able to do so without needing to have the entire network switched over.

Later upgrades will extend protection to validators, network data, and rollups. However, completing the transition requires five upgrades after Glamsterdam. In turn, this leaves the developers with roughly seven months in between the upgrades.

Source: Ethereum That pace makes testing crucial, as more than ten client teams already run weekly trials. Still, the protocol has a backup plan where J* (placeholder for the milestone) comes into play if quantum advances arrive earlier than intended.

January 2027 should then reveal whether Ethereum [ETH] can maintain this schedule and remain on course for its 2029 target.

Ethereum’s quantum upgrade faces a scaling test As Ethereum’s transition deadline for quantum safety becomes less of an issue, the focus shifts to maintaining operational functionality of the network.

Currently, validators are utilizing compact 96-byte BLS signatures, where thousands of signatures are combined into one compact aggregate signature.

However, the leanXMSS signatures, which provide similar security but with respect to quantum computing attacks, will grow to approximately 3100 bytes in size.

Source: Ethereum blog This potential growth increase could burden the network. Thus, leanVM is being developed to reduce those signatures by approximately 250 times.

On the user side of things, rather than forcing a single disruptive change across the entire Ethereum network, EIP-8141 offers another approach. Instead, it allows individual accounts to make their own choice regarding usage of safer signature options.

Together, these changes must strengthen security without increasing costs or slowing Ethereum. The next test is proving that balance works during testing.

Ethereum puts its roadmap to the test Those security changes will only matter if Ethereum can deliver the wider upgrades needed to support them. Finality currently takes roughly 13–16 minutes, leaving transactions waiting much longer than Ethereum ultimately wants.

New designs could gradually cut that delay toward seconds, making settlement faster without forcing one disruptive change. Meanwhile, zkEVM progress offers stronger evidence that execution is already improving.

That progress turns research into working infrastructure. Maintaining similar delivery through upcoming upgrades will show whether Ethereum can realistically reach its broader 2029 target.

Final Summary

Token 'Niu Lai' rebounds to a market cap of over $100 million, surging more than 27% in 24 hours.

According to GMGN market data, the meme coin "Niu Lai" has rebounded to a market cap exceeding $100 million, surging over 27% in 24 hours and currently standing at $101.2 million.

10 minutes ago

The first chapter of the AZUKI comic will launch on September 17, with new chapters updated every third Thursday of each month.

According to official announcements, Azuki has announced that the first chapter of its manga will officially launch on September 17 at 9 AM Pacific Time. The new manga chapter will be available to read for free, with plans to release new chapters on the third Thursday of every month. The story centers on Shao, a sharp, guarded girl from the alleyways. When her sister Rei mysteriously disappears during a cultural relic smuggling operation in the fantasy world called the Garden, Shao’s original life falls apart completely. In order to find her sister and uncover the truth, the terrified and desperate Shao is forced by crime boss Zero to strike a dangerous deal, becoming an unwilling cultural relic hunter who trades artifacts for clues needed to locate Rei.

10 minutes ago

Circle adds support for pre-payment of CCTP fees, covering all EVM-compatible chains.

Official announcements reveal that Circle’s Cross-Chain Transfer Protocol (CCTP) now supports a fast transfer prepaid fee function. Previously, protocol fees were deducted directly from the USDC transfer amount on the destination chain; with this update, developers can pre-quote and collect fees using the source chain’s native gas token or USDC before a transfer executes, simplifying cross-chain transfer fee handling and ensuring users receive their expected USDC amount. The prepaid fee mechanism primarily enhances fee predictability in cross-chain applications. Users no longer face reduced received amounts due to extra deductions on the destination chain side. Additionally, the CCTP Quote API uniformly calculates fees across all supported chains, integrating Fast Transfer and Forwarding fees into a single quote—removing the need for developers to build separate systems to compute multiple protocol fees. Furthermore, fees can be paid directly with the source chain’s native token, with no reduction or impact on the actual transferred USDC balance. Currently, the prepaid fee feature supports USDC transfers on all EVM chains covered by CCTP, but does not yet support transfers initiated from Solana; transfers to Solana remain available. Developers can retrieve specific fee quotes via the Quote API and integrate this feature, with relevant developers advised to refer to CCTP’s official documentation to build more predictable cross-chain USDC transfer workflows.

10 minutes ago

The US stock market's optical communication sector rose sharply, with LITE surging more than 11%.

According to BIT (Bit.com) market data, the US optical communication sector has surged sharply, with performances as follows: Applied Optoelectronics (AAOI) up 9.61%; Lumentum (LITE) up 11.27%; Nokia (NOK) up 6.1%; Corning (GLW) up 8.47%; Roundhill Optical Module ETF (LYTE) up 9.08%; Coherent (COHR) up 11.25%; and Marvell Technology (MRVL) up 3.01%.

10 minutes ago

Bonk Guy: PONS buyback is severely undervalued by the market, will continue adding positions during pullbacks.

Renowned trader Bonk Guy posted that PONS has seen sustained revenue growth recently, with daily income staying above $1.3 million to $2 million for most of the past week, and not dropping below $1.1 million for seven consecutive days. Meanwhile, PONS’ buyback wallet has accumulated nearly $3 million so far; these funds will be used to repurchase PONS via Time-Weighted Average Price (TWAP), and the wallet’s fee replenishment rate is currently outpacing its fund consumption rate. 100% of PONS’ generated fees are allocated to repurchases and token burns. PONS’ actual market cap is likely significantly lower than its Fully Diluted Valuation (FDV). At the time of posting, its price stood at around $0.736, translating to an FDV of roughly $736 million. However, since PONS’ launch, approximately 30% of its token supply has been repurchased and burned via fees, bringing its actual market cap closer to $515 million. Additionally, PONS hit an all-time high of ~80% market share on Robinhood Chain yesterday, holding between 75% and 80% for most of the past week. The platform also set a new all-time high for daily token issuance, peaking at 28,560 tokens in a single day, with around 27,600 new tokens launched over the past 24 hours. PONS is benefiting from the growth of the Robinhood Chain ecosystem and has established itself as the chain’s leading Launchpad. Bonk Guy noted that PONS currently boasts daily revenue of $1 million to over $2 million, nearly $3 million in buyback funds, ~30% of its supply burned, no VC unlock pressure, and strong early community support. Comparing PONS to PUMP, he argued its current actual market cap remains attractive. Traditional finance quant trading networks are also starting to take notice of PONS, calling it a potential “most tradable asset of this cycle”. He expects sustained buying during market pullbacks and is bullish on its market cap eventually reaching the multi-billion-dollar level.

10 minutes ago

Iran claims to have seized "the world's most advanced intelligent unmanned submarine", with US authorities yet to confirm.

According to Iran's Tasnim News Agency, the Navy of Iran's Islamic Revolutionary Guard Corps (IRGC) claimed it captured a U.S. unmanned underwater vehicle (UUV) at the entrance to the Strait of Hormuz early local time today and brought it back to Iran. The IRGC Navy stated that the vessel is "one of the most advanced intelligent unmanned submarines in the world", was delivered to the U.S. Navy in 2025, and seized at "a complex facility". The IRGC will release photos of the UUV within hours. The claim has not yet been confirmed by U.S. officials.

10 minutes ago

10h05 ▪ 6 min read ▪ by Eddy S.

Summarize this article with:

Solana strengthens its ceiling as Ethereum simplifies its entry point. Two updates published almost simultaneously, yet addressing different issues. The Solana blockchain targets Wednesday to triple the maximum transaction size, from 1,232 to 4,096 bytes, a technical evolution called Transaction v1. At the same time, a tweet confirms that Ethereum approved EIP-8141 for its upcoming major upgrade, Hegotá, planned for 2027 where crypto users will be able to pay their transaction fees directly in stablecoin. This, without holding any ETH. Two competing networks, two strategic projects, and a shifting balance of power on two distinct fronts.

In Brief Solana strengthens its technical ceiling to catch up with one of Ethereum’s historical strong points. Ethereum, on its side, prepares a radical simplification of the user experience on gas payment. The two networks are not catching up on the same delay: each fixes its own historical weakness, on a different timeline. Solana Strengthens its Transaction Ceiling from 1,232 to 4,096 Bytes The transaction ceiling change on Solana is defined by two proposals, SIMD-0296 and SIMD-0385, co-written by Jacob Creech and Andrew Fitzgerald. The new format is already running on Solana’s test and development networks, and existing formats will continue to work. Wallets and crypto applications therefore will not need to migrate to v1 unless they require this additional space.

The old limit of 1,232 bytes dated back to Solana’s original network design, where each crypto transaction had to fit in an internet data packet of about 1,280 bytes. A constraint the blockchain made largely obsolete by modifying its traffic transmission in 2022. The new limit stops at 4,096 bytes because four kilobytes correspond to the standard memory page size used by validators’ hardware. Going further would force a transaction to spread across multiple pages, increasing its processing cost.

The change of the crypto transaction ceiling on Solana. The current challenge goes beyond a simple technical feat because Solana has always been faster and cheaper than Ethereum. But the blockchain lagged behind on one specific point which was its rigidly capped transactions, whereas Ethereum imposes no protocol size limit and allows developers to execute massive operations for higher fees. By tripling its ceiling, Solana thus closes a good part of that historical gap.

What the New Transaction Limit on Solana Unlocks Here is what could now fit in a single transaction and with a single fee instead of several. 

Operations that had to be split into several transactions until now; Large crypto proofs; Payments requiring numerous approvals; Certain confidential transfers. However, the change has a downside because all software that reads the blockchain (wallets, explorers, trading applications) must be updated to recognize the new v1 format. A non-updated service might see its requests fail against a transaction in the new format. Or worse, display a zero priority fee when a user has actually paid one, as this data is now stored elsewhere. Heavier crypto transactions also consume more network bandwidth, which could push users to offer higher priority fees during congestion.

SOL VS Ethereum: Two Delays Caught up, Two Opposite Schedules Where Solana catches up on a raw technical handicap, Ethereum tackles a handicap of a completely different nature which is the obligation to hold ETH just to interact with its own network. An adoption barrier identified for years, but whose fix will only arrive with the Hegotá upgrade in 2027. Vitalik Buterin himself framed EIP-8141 as the culmination of ten years of work on account abstraction. A way of saying it is not a one-off fix but the continuation of a project underway since the crypto network’s inception.

The balance of power thus plays out on two different planes and not on the same tempo because Solana fixes a technical weakness immediately, which mechanically brings it closer to Ethereum in terms of complexity it can absorb. Ethereum, on its side, does not seek to compete on raw capacity. No, it aims to make its network more accessible to crypto users who never had to understand ETH, but it does so on a one-and-a-half-year horizon. Solana closes its gap and Ethereum creates a new simplicity aspect. Provided, of course, it meets its schedule.

Key Takeaways on Solana Tripling its Transaction Size  Solana targets Wednesday to triple its transaction ceiling, from 1,232 to 4,096 bytes, via Transaction v1 (SIMD-0296 and SIMD-0385) Crypto wallets, explorers, and services reading Solana must update to avoid errors or incorrect fee data Ethereum confirmed EIP-8141 for its Hegotá upgrade (2027), allowing gas to be paid in stablecoin without holding ETH Two networks, two projects, two schedules. Solana fixes its raw capacity starting this week, whereas Ethereum (ETH) targets accessibility, but not before 2027. On the balance of power between the two chains, tempo will make as much difference as the technical aspect itself.

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Eddy S.

The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Top earner on the Meme coin 4Stock profit leaderboard continues reducing positions to lock in profits, still holds $196,000 worth of the token.

According to GMGN data, the BSC ecosystem meme coin 4Stock has dropped below $30 million in market capitalization, halving in value following CZ's retweet of a related BNC post. The top profit-making trader spent a total of $7,614 to build their position and is currently continuously reducing holdings to lock in gains. They still hold $196,300 worth of tokens, having sold $237,000 worth of tokens and transferred out $39,800 worth of tokens, for total profits exceeding $450,000. Note: 4Stock originated from the "stock meme" narrative launched by Four.meme. It first rolled out underlying assets for 4Stock linked to stock holdings, then allowed the community to issue meme coins using these assets as a liquidity pool. BNC4 is the first 4Stock coin-stock pair, pegged 1:1 to BNC stock of the corresponding BNB treasury company, with the meme coin "4Stock" tied to the BNC4 pool.

9 minutes ago

Strive adds 1,375 BTC to its holdings, lifting its total position to 24,531 BTC.

Strive CEO Matt Cole disclosed that the company added 1,375 Bitcoin (BTC) at an average price of $79,281 per coin, totaling approximately $109 million, bringing its total Bitcoin holdings to 24,531 coins.

9 minutes ago

Strategy did not increase its Bitcoin holdings last week, and repurchased $176 million in STRC stock.

According to official sources, Strategy did not add to its Bitcoin holdings last week. The firm has repurchased $176 million worth of STRC, and raised the size of its digital credit securities repurchase program from $1 billion to $2 billion. As of September 7, 2026, Strategy holds 845,050 BTC and approximately $6.5 billion in U.S. dollar assets.

9 minutes ago

Robinhood will launch prediction market contracts powered by Crypto.com.

According to The Wall Street Journal, Robinhood has reached an agreement with Crypto.com. Robinhood will add Crypto.com’s yes-or-no event contracts—part of Crypto.com’s prediction market business—to its trading platform. At the same time, Robinhood will acquire a minority stake in Crypto.com and its prediction market operations.

9 minutes ago

Garrett Jin continues to reduce his ZEC short positions, still facing an unrealized loss of over $19 million.

According to monitoring by TradingBeats (formerly Hyperinsight), Garrett Jin, the agent of the "1011 Insider Whale", has just reduced his ZEC short positions. As of press time, he has closed and reduced approximately 7,000 ZEC in short positions, bringing his 3x leveraged ZEC holdings down to 32,759.57 ZEC. His average entry price for the position is $576.2998, with current unrealized losses standing at $19.04 million.

9 minutes ago

Binance Alpha has listed PONS, CASHCAT, and Artificial Inu (AI).

According to its official website, Binance Alpha has listed PONS, CASHCAT, and Artificial Inu (AI).

9 minutes ago

8h05 ▪ 6 min read ▪ by Mikaia A.

Summarize this article with:

Ethereum has long had a rather annoying quirk: owning crypto doesn’t always guarantee you can move it. Without ETH to pay for gas, even a well-funded wallet can remain completely paralyzed. EIP-8141 aims to remove this lock with Frame Transactions. Behind this very practical improvement is a larger project that also touches accounts and their security.

In Brief Frame Transactions (EIP-8141) will allow gas fees to be paid without holding ETH, thanks to a payment system by a third party or in stablecoins. This feature has been officially included in the Hegotá upgrade, planned for 2027, after several months of discreet progress signaled by Vitalik Buterin. The main remaining obstacle is adoption by wallets like MetaMask, Coinbase Wallet, or Trust Wallet, without which users won’t benefit. Beyond convenience, Frames also prepare Ethereum for the post-quantum era by facilitating key rotation to more resistant signature systems. Ethereum is done with rich-but-useless wallets Imagine a few hundred dollars in stablecoins in your wallet, but not a single ETH available. You can look at your money, but not move it. Every Ethereum transaction requires gas paid in ether, which creates a kind of digital dry spell.

Frame Transactions address precisely this problem. With EIP-8141, the user sending a transaction would no longer necessarily have to pay their own gas. An app could cover the fee. Another account could also take care of it. It might even become possible to pay with ERC-20 tokens through a sponsor, while Ethereum would still receive its settlement in ETH.

The idea doesn’t come from nowhere. ERC-4337 already allows some sponsored operations since 2023, but with a separate mempool and third-party bundlers. Frames bring this mechanism directly into the protocol and the public mempool. Classic accounts, called EOAs, could also benefit from sponsored gas without necessarily migrating to a smart account.

Vitalik Buterin has also brought the topic back into the spotlight:

A lot of important progress on Frames (EIP-8141) has quietly taken place in recent months. I strongly recommend reading this, as well as the updated EIP.

Frames breaks a transaction into smaller pieces The change becomes more interesting when we look at the mechanics. A classic transaction arrives as a compact block. EIP-8141 proposes instead a sequence of up to 64 “frames”, each fulfilling a specific task.

One frame verifies authorization. Another validates who will pay the gas. The following ones actually execute the requested operation. Signature, payment, and execution no longer travel handcuffed together.

This breakdown also brings “atomic batching.” Take a crypto swap: the user first authorizes a protocol to spend their tokens, then initiates the exchange. Today, if the swap fails, the previous authorization can remain active. Not very elegant, especially when this permission then lingers in the wallet.

Frames allow linking these operations. If the swap fails, the associated authorization is also canceled. The EIP explicitly stipulates that all frames in the same batch succeed together or are canceled together.

This architecture ultimately revives an old ambition of Ethereum: making account abstraction much less exotic. The account becomes more programmable without forcing its owner to understand all the crypto plumbing.

Wallets could become the real headache for EIP-8141 On paper, the matter holds up. In MetaMask or any other wallet, it’s another story. A native protocol function isn’t very useful when the interfaces used daily don’t yet know how to exploit it.

This is precisely what worries Harley Lewis Foote in commenting on Vitalik Buterin’s tweet.

Standardizing Frames makes sense. Adoption by wallets remains the hard part.

BNBGUY asks the practical question: how long will it take before wallets and clients support EIP-8141 in production? For crypto users, this is probably more important than code subtleties.

Another point calls for caution. CoinDesk reports that developers have placed EIP-8141 in “Scheduled for Inclusion” for Hegotá, planned for 2027. Yet Decrypt still presents the text as a draft without a scheduled upgrade.

One thing is not confusing: no one is using Frames today. The specification may still change before its actual arrival on Ethereum.

After the crypto UX problem comes the much bigger quantum one Paying gas without ETH is the immediately visible part. But EIP-8141 deals with a much less daily problem: the cryptographic keys controlling Ethereum accounts.

Current accounts remain tied to their ECDSA keys. Frames want to break this technical marriage by allowing native key rotation. A user could change their authorization system without moving their funds to a new address.

This choice also prepares a possible migration to quantum-resistant signatures. The subject still seems far off, but the authors list it directly among the EIP motivations. Post-quantum signatures can reach several kilobytes, so their aggregation would then become particularly useful.

Matt Garnett, coauthor of EIP-8141, even goes quite far: Frames “should be the last type of transaction we need for accounts“. A bold ambition for a specification still in development.

Frames: five answers before closing the wallet What is the current value of ETH? About 2,472 dollars at the time of writing. How many frames are planned? EIP-8141 allows up to 64 frames per transaction. Is it necessary to hold ETH? A sponsor could now cover the gas. What does a crypto swap gain? Authorization and exchange could succeed or fail together. Does Frames already work? No, the specification is still in development and currently unusable. The major crypto houses definitely do a lot of tinkering behind their facades. Ethereum is simultaneously working on gas, accounts, and post-quantum security. Pi Network is also pushing its developers with three new tools recently unveiled. Local storage, staking API, and file sharing augment their toolkit for easier building.

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La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

The Ethereum Foundation (EF) has shared the results of its comprehensive review process for Hegotá, planned as one of the next major upgrades to the Ethereum network. The study, published by Protocol Cluster within the Foundation, examined and rated 62 Ethereum Improvement Proposals (EIPs) proposed as part of the upgrade.

Published under the title “Hegotá EIP Opinion Compilation and Rating List,” this assessment is the first unified EIP rating list prepared by Protocol Cluster for a single Ethereum network upgrade. Approximately 60 researchers, engineers, and domain experts from nine different teams within Protocol Cluster participated in the review process. Participants submitted a total of 397 evaluation comments, with some of the controversial proposals discussed in face-to-face meetings.

Another study published by the Ethereum Foundation outlined the current and long-term development priorities for the Ethereum protocol layer. The most notable of these goals was making the Ethereum Layer 1 network resilient to quantum computers by December 2029.

The foundation stated that the scope of the Hegotá upgrade was determined by considering the Protocol Cluster’s long-term technical commitments and the shared priorities identified among the teams. The published rating of the 62 EIPs is also expected to contribute to the decision-making process regarding which proposals will be included in the upgrade.

*This is not investment advice.

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The Ethereum Foundation has identified two “must ship” proposals for the Hegotá upgrade, prioritizing censorship resistance and more flexible account authentication as it narrows the fork’s scope.

The ranking evaluated 62 proposed Ethereum Improvement Proposals (EIPs), drawing on input from roughly 60 researchers and engineers across the Foundation’s Protocol cluster. It marks the first time the Foundation’s Protocol cluster has published a unified view of proposed EIPs rather than separate opinions from individual teams.

The two must-ship proposals are EIP-7805, known as FOCIL, and EIP-8141, or Frame Transactions, which the Foundation designated as the consensus and execution-layer headliners for Hegotá.

FOCIL is designed to give users a path to have eligible transactions included without relying on centralized block builders, strengthening Ethereum’s resistance to transaction censorship.

Frame Transactions would introduce native account abstraction and create a path toward post-quantum authentication. Together with two companion proposals, the change could also provide protocol-level building blocks for privacy applications.

The “must ship” designation means the two proposals effectively define the upgrade. If either is at risk, the Foundation said Hegotá’s schedule should adjust before the proposal is dropped.

FOCIL tops Hegotá consensus-layer rankings. Source: Ethereum Foundation

Hegotá scope still being finalizedBeyond the two headliners, the Foundation placed 15 proposals in its A-tier, meaning they are expected to ship unless development or testing constraints force cuts. Another eight remain candidates for inclusion, seven were placed below the line but not ruled out, and 28 were declined.

Two proposals remain unranked pending mainnet data from Glamsterdam, the Ethereum upgrade preceding Hegotá that is focused on improving scalability and strengthening the network’s base layer. According to the Foundation, client teams could begin implementing Hegotá in late 2026 following Glamsterdam.

Ethereum’s last major upgrade, Fusaka, went live on Dec. 3, 2025, bringing a series of scaling and usability improvements to the network. Its headline feature, PeerDAS, changed how nodes handle rollup data, reducing the amount each node needs to download and upload while increasing data capacity for Ethereum layer-2 networks.

Magazine: BTC will hit $1M by 2030... but Arthur Hayes is buying ETH instead 

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Ethereum price today: $2,480Ethereum retail investors distributed a combined 307K ETH last week.Whales added 82K ETH while inflows into spot ETH ETFs dropped to $218.4 million.ETH saw another rejection at the $2,544 resistance.Ethereum (ETH) continues to consolidate near $2,500 on Monday as distribution from retail wallets outweighed whale optimism.

Retail investors or wallets holding 1K-10K ETH offloaded 214K ETH last week, extending their distribution pattern to a second consecutive week, according to CryptoQuant data. Notably, investors in this cohort began selling after ETH took a breather near $2,500, just above their average on-chain cost basis of $2,265. The move reflects a cautious approach toward the recent recovery as retail investors are distributing after breaking even or booking modest profits.

Similarly, investors in the 100-1K ETH bracket depleted their holdings by 93K ETH, continuing a distribution sentiment that has been prevalent since the beginning of the year. That represents a combined 307K ETH distribution from retail wallets.

Meanwhile, whales or wallets holding 10K-100K ETH slowed their buying pace from the previous week, with inflows of 82K ETH last week.

Broadly, ETH Exchange Reserves increased earlier in the week before dropping later as bulls pushed back to defend the $2,400 level.

In addition, inflows into US spot ETH exchange-traded funds (ETFs) eased to $218.4 million last week from $824 million the prior week, according to SoSoValue data.

The sustained retail distributions and a slowdown in whale and ETF buying offer insight into why ETH has been consolidating between $2,400 and $2,500 over the past week.

Ethereum Price Forecast: ETH fails to clear $2,544 resistance againEthereum recorded $39.5 million in liquidations over the past 24 hours, led by $22.4 million in short liquidations.

On the daily chart, ETH maintains a constructive bullish bias as price holds above the 20-, 50-, 100-, and 200-period Exponential Moving Averages (EMAs). The cluster of EMAs between roughly $2,095 and $2,385 now underpins the advance, suggesting dips are being bought rather than sold.

Momentum remains firm, with the 14-period Relative Strength Index (RSI) hovering around 64 and the Stochastic Oscillator (Stoch) near 65, both hinting at sustained upside pressure without yet signaling an extreme overbought condition.

On the downside, initial support emerges at the nearby horizontal level around $2,431, reinforced by the 20-period EMA at $2,385. Below that, deeper demand is seen around the 50-period EMA at $2,192 and the 200-period EMA near $2,183. Ahead of that is the horizontal shelf at $2,172, while more distant floors sit at $1,961 and $1,809.

ETH/USDT daily chartOn the topside, immediate resistance is located at $2,544, followed by the $2,626 hurdle and then the higher barrier near $2,786. A daily close above these caps would strengthen the bullish continuation scenario.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Ethereum [ETH] had a solidly bullish August. The monthly low and high were at $1,820 and $2,567, respectively, a 41% rally. The steady gains were accompanied by a streak of positive flows into Spot Ethereum ETFS.

Since the 12th of August, Farside Investors’ data showed a net flow of $1.736 billion into spot ETFs. Except for the 2nd of September, every trading day has seen inflows.

Source: ETH/USDT on TradingView Yet, the bullish Ethereum momentum has stalled in recent weeks. The 4-hour chart above highlights a range formation (purple) between $2,380 and $2,530.

Moreover, the swing high at $2,466 from April, which marked a lower high in the long-term downtrend from last October, is within this range.

In other words, there is a chance that ETH is facing distribution at a key swing level. The 4-hour timeframe’s volume indicators don’t show steady selling, but there is some doubt among investors.

Resolving the short-term Ethereum range Source: CryptoQuant The 3-month taker CVD measured an increase in aggressive buying volume in August. Currently, the Spot taker CVD reflects taker-buy-dominant conditions, which indicates notable buying pressure.

Source: CryptoQuant The derivatives markets also saw an uptick in buying pressure. The taker buy/sell ratio climbed to 1.11. Readings above 1 reflect that aggressive (taker) buy orders outweighed sellers and signal buyer dominance.

If the ratio remains above 1 in the coming days, it will reflect elevated, sustained buy pressure. This could help drive Ethereum prices beyond the pivotal $2.5k resistance area.

Evidence signals an “imminent bullish breakout” Source: Ali Charts on X In recent days, the ETH reserve on exchanges has been declining. Popular crypto analyst Ali Martinez pointed out in a post on X that 116,000 ETH, worth around $300 million, has been withdrawn from exchanges in the past two days.

Aggressive accumulation and Spot and derivatives taker buyer dominance pointed toward firm bullishness in the market.

It seemed to be only a matter of time before the $2,530 range high was broken. In that scenario, the next long-term resistance to watch out for would be the $2,900-$3,000 supply zone.

Meanwhile, a breakdown below $2,380 would be the first notable signal that things were starting to go against the ETH bulls.

Final Summary Ethereum has formed a range around the $2.5k resistance, right by the $2,466 high from April, a key level in the long-term downtrend. In the short-term, heavy Spot and derivatives demand suggested buyers had the upper hand, and a bullish ETH breakout was likely.

The Ethereum Foundation has published ratings for 62 Hegotá proposals after collecting 397 assessments from about 60 protocol specialists across nine teams.

Summary

62 Ethereum Improvement Proposals received ratings ahead of the planned Hegotá network upgrade. 397 assessments came from researchers, engineers, and specialists across nine Protocol Cluster teams. Ethereum’s Protocol Cluster wants the Layer 1 network to resist quantum attacks by December 2029. A Reddit AMA on Sept. 16 will cover the ratings and Ethereum’s protocol priorities. The Ethereum Foundation said in a Sept. 7 post on X that its Protocol Cluster had released two articles covering Hegotá and the long-term work planned for Ethereum’s base layer.

Ethereum ranks 62 Hegotá proposals One article, called the Hegotá EIP Opinion Post and Tier List, evaluates all 62 Ethereum Improvement Proposals under consideration for the upgrade. According to the Foundation, it is the Protocol Cluster’s first shared tier list covering a single network upgrade.

Around 60 researchers, engineers, and specialists from nine teams submitted 397 individual ratings. Participants also held live discussions about proposals that produced differing opinions, allowing teams to compare technical benefits, development costs and possible conflicts before Hegotá’s scope is settled.

Ratings do not mean that all 62 proposals will reach Ethereum’s mainnet. The list records how members of the Protocol Cluster view each proposal while client developers, researchers and the Ethereum community continue assessing which changes can be built and tested within Hegotá’s development schedule.

In August, crypto.news reported on Hegotá as developers considered proposals related to censorship resistance, native account abstraction, privacy, validator economics, and gas pricing. At the time, the official meta EIP listed EIP-7805, known as Fork Choice-enforced Inclusion Lists, as the only feature scheduled for inclusion.

FOCIL would allow a committee of validators to publish lists of eligible transactions that block builders should include. Under the design, attesters could reject a block when a builder improperly leaves out listed transactions, reducing the influence that concentrated block-building infrastructure can exert over transaction inclusion.

Execution client teams were also asked to rank their preferred Hegotá proposals by Sept. 10. Previous discussions covered competing designs for native account abstraction, shorter slot times, state-growth pricing, privacy tools, and proposed changes to validator incentives, although consideration did not guarantee inclusion.

Ethereum’s public roadmap currently places Hegotá in 2027, after the Glamsterdam upgrade planned for the fourth quarter of 2026. The roadmap remains open to revision because Ethereum upgrades require implementation, development networks, public testnets, and client coordination before mainnet activation.

Quantum resistance becomes a 2029 commitment The Protocol Cluster’s second article, Current and Emerging Priorities, sets out commitments and research tracks that extend beyond one hard fork. Among them, the cluster has set December 2029 as the deadline for making Ethereum Layer 1 resistant to attacks from quantum computers.

Fredrik Svantes, who leads protocol coordination at the Ethereum Foundation, said the cluster is “aggressively targeting” a quantum-resistant L1 no later than December 2029. In a separate X post, he said the commitment affects which proposals the teams recommend for Hegotá and how they assess other protocol work.

Ethereum is not quantum-resistant today. Its account and validator systems use cryptographic methods that future quantum machines could potentially break, although the Foundation’s quantum-resistance documentation says existing hardware remains far below the capacity required for such an attack.

Preparation involves more than replacing one algorithm. Ethereum researchers have divided the work across user accounts, validator signatures, consensus, data availability and zero-knowledge proof systems, each of which carries different performance and migration requirements.

Account-level experiments have already started. In June, Ethereum researcher Nico said users could add post-quantum protection through smart contract logic for about $0.07 per account, without waiting for a hard fork. The proposed method uses SPHINCS-based signatures, but the account protection would not make the entire network resistant to quantum attacks.

A draft submitted on Aug. 24 addresses another part of the migration. Under the proposed design, a replacement validator deposit contract would accept variable-length public keys and assign identifiers to different signature systems.

As the deposit proposal explains, the first identifier would preserve Ethereum’s existing BLS deposits, while later identifiers could support post-quantum signature schemes. The proposal does not select a replacement algorithm, and Ethereum would still need a consensus-layer change to verify and process signatures created under any new system.

Developers also described an irreversible migration switch that could eventually stop new BLS deposits after an agreed transition period. Existing validators, staking providers, and client teams would need time to update their infrastructure before such a switch could safely take effect.

Hegotá connects security with account changes Native account abstraction could support the quantum-security plan by allowing Ethereum accounts to use different methods for authorizing transactions. Ethereum’s roadmap says programmable validation could add social recovery, spending controls and sponsored gas while providing a route away from one fixed signature scheme.

Privacy, scaling, and proof verification also remain part of the same development program. In August, Vitalik Buterin’s updated Ethereum roadmap placed post-quantum scaling beside native rollups, stronger privacy tools and AI-assisted formal verification.

Hegotá will not complete every part of that program. The tier-list process instead gives protocol teams a shared record of which EIPs have support, which require more research, and which may create too much complexity for the planned upgrade.

Proposals must still pass through Ethereum’s usual development process. Client teams must implement accepted changes, operate development networks, and run public testnets before core developers can agree on a mainnet activation date.

US standards add pressure to the 2029 deadline For U.S. investors and companies using Ethereum, the Foundation’s timetable sits close to the federal government’s own post-quantum transition. The U.S. National Institute of Standards and Technology has told organizations to begin replacing cryptography that quantum computers could defeat.

In August 2024, NIST approved three standards for post-quantum security. FIPS 203 covers a key-encapsulation method, while FIPS 204 and FIPS 205 specify lattice-based and hash-based digital signature systems.

NIST said the standards were ready for immediate use and later advised organizations to identify systems that depend on vulnerable public-key algorithms. Its transition plan calls for high-risk systems to move earlier, with quantum-vulnerable algorithms removed from NIST standards by 2035.

Ethereum’s December 2029 commitment does not create a U.S. regulatory requirement for ETH holders, exchanges, custodians or exchange-traded products. It does, however, fall within the migration period established by the U.S. technical standards agency, which gives American infrastructure providers a federal reference point when assessing their cryptographic systems.

The Foundation has scheduled an ask-me-anything session for Sept. 16 at 14:00 UTC in Reddit’s r/ethereum community. Protocol Cluster members will take questions about the Hegotá rankings, disputed proposals, and the priorities described in the two articles.