• bitcoinBitcoin (BTC) $ 70,801.00
  • ethereumEthereum (ETH) $ 2,184.10
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 597.85
  • xrpXRP (XRP) $ 1.33
  • usd-coinUSDC (USDC) $ 0.999756
  • solanaSolana (SOL) $ 81.83
  • tronTRON (TRX) $ 0.321788
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.04
  • dogecoinDogecoin (DOGE) $ 0.090935
  • usdsUSDS (USDS) $ 0.999721
  • whitebitWhiteBIT Coin (WBT) $ 51.95
  • hyperliquidHyperliquid (HYPE) $ 41.50
  • leo-tokenLEO Token (LEO) $ 10.12
  • wrapped-stethWrapped stETH (WSTETH) $ 2,779.67
  • cardanoCardano (ADA) $ 0.238201
  • bitcoin-cashBitcoin Cash (BCH) $ 426.12
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 76,243.00
  • moneroMonero (XMR) $ 346.00
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
  • chainlinkChainlink (LINK) $ 8.71
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 2,466.93
  • zcashZcash (ZEC) $ 361.92
  • ethena-usdeEthena USDe (USDE) $ 0.999643
  • canton-networkCanton (CC) $ 0.148921
  • wrapped-eethWrapped eETH (WEETH) $ 2,465.31
  • stellarStellar (XLM) $ 0.151654
  • memecoreMemeCore (M) $ 2.77
  • susdssUSDS (SUSDS) $ 1.08
  • daiDai (DAI) $ 1.00
  • usd1-wlfiUSD1 (USD1) $ 0.998811
  • litecoinLitecoin (LTC) $ 52.85
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 76,366.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999720
  • avalanche-2Avalanche (AVAX) $ 9.04
  • rainRain (RAIN) $ 0.007875
  • wethWETH (WETH) $ 2,268.37
  • hedera-hashgraphHedera (HBAR) $ 0.084814
  • suiSui (SUI) $ 0.900359
  • the-open-networkToncoin (TON) $ 1.41
  • usdt0USDT0 (USDT0) $ 0.998824
  • shiba-inuShiba Inu (SHIB) $ 0.000006
  • crypto-com-chainCronos (CRO) $ 0.068334
  • hashnote-usycCircle USYC (USYC) $ 1.12
  • tether-goldTether Gold (XAUT) $ 4,689.34
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.079582
  • bittensorBittensor (TAO) $ 258.58
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.22
  • pax-goldPAX Gold (PAXG) $ 4,698.99
  • ravedaoRaveDAO (RAVE) $ 9.68
  • mantleMantle (MNT) $ 0.662963
  • global-dollarGlobal Dollar (USDG) $ 0.999927
  • polkadotPolkadot (DOT) $ 1.16
  • uniswapUniswap (UNI) $ 3.02
  • falcon-financeFalcon USD (USDF) $ 0.997971
  • nearNEAR Protocol (NEAR) $ 1.38
  • okbOKB (OKB) $ 82.69
  • pi-networkPi Network (PI) $ 0.165353
  • little-pepe-5Little Pepe (LILPEPE) $ 2.16
  • skySky (SKY) $ 0.071961
  • htx-daoHTX DAO (HTX) $ 0.000002
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
  • aster-2Aster (ASTER) $ 0.659754
  • pepePepe (PEPE) $ 0.000003
  • usddUSDD (USDD) $ 1.00
  • aaveAave (AAVE) $ 93.85
  • ripple-usdRipple USD (RLUSD) $ 1.00
  • janus-henderson-anemoy-treasury-fundJanus Henderson Anemoy Treasury Fund (JTRSY) $ 1.10
  • internet-computerInternet Computer (ICP) $ 2.42
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.13
  • bfusdBFUSD (BFUSD) $ 0.999376
  • bitget-tokenBitget Token (BGB) $ 1.88
  • ethereum-classicEthereum Classic (ETC) $ 8.19
  • ondo-financeOndo (ONDO) $ 0.246050
  • gatechain-tokenGate (GT) $ 6.63
  • kucoin-sharesKuCoin (KCS) $ 8.32
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.00
  • quant-networkQuant (QNT) $ 74.70
  • pump-funPump.fun (PUMP) $ 0.001785
  • render-tokenRender (RENDER) $ 1.86
  • worldcoin-wldWorldcoin (WLD) $ 0.292687
  • morphoMorpho (MORPHO) $ 1.71
  • jito-staked-solJito Staked SOL (JITOSOL) $ 124.46
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.23
  • algorandAlgorand (ALGO) $ 0.101663
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,404.69
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.082318
  • cosmosCosmos Hub (ATOM) $ 1.72
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,262.26
  • usdtbUSDtb (USDTB) $ 0.999954
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,631.35
  • kaspaKaspa (KAS) $ 0.031621
  • nexoNEXO (NEXO) $ 0.863622
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999945
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 11.05
  • ethenaEthena (ENA) $ 0.091698
  • wbnbWrapped BNB (WBNB) $ 759.61
  • blockchain-capitalBlockchain Capital (BCAP) $ 83.06
  • ignition-fbtcFunction FBTC (FBTC) $ 76,389.00
  • justJUST (JST) $ 0.077278
  • ousgOUSG (OUSG) $ 114.87
  • arbitrumArbitrum (ARB) $ 0.110586
  • filecoinFilecoin (FIL) $ 0.862254
  • aptosAptos (APT) $ 0.820534
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • flare-networksFlare (FLR) $ 0.007693
  • hash-2Provenance Blockchain (HASH) $ 0.011590
  • official-trumpOfficial Trump (TRUMP) $ 2.80
  • binance-staked-solBinance Staked SOL (BNSOL) $ 108.24
  • midnight-3Midnight (NIGHT) $ 0.038490
  • stable-2​​Stable (STABLE) $ 0.029643
  • beldexBeldex (BDX) $ 0.080191
  • xdce-crowd-saleXDC Network (XDC) $ 0.030895
  • yldsYLDS (YLDS) $ 0.999884
  • ghoGHO (GHO) $ 0.999659
  • new-x-ceo-is-backNEW X CEO IS BACK (XFLOKI) $ 0.506041
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999720
  • vechainVeChain (VET) $ 0.006763
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 76,461.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.162600
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 76,491.00
  • siren-2Siren (SIREN) $ 0.790475
  • usual-usdUsual USD (USD0) $ 0.999602
  • dashDash (DASH) $ 41.07
  • clbtcclBTC (CLBTC) $ 76,920.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.227074
  • bonkBonk (BONK) $ 0.000006
  • true-usdTrueUSD (TUSD) $ 0.999243
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.50
  • a7a5A7A5 (A7A5) $ 0.012549
  • layerzeroLayerZero (ZRO) $ 1.95
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,419.84
  • dexeDeXe (DEXE) $ 10.00
  • adi-tokenADI (ADI) $ 4.33
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 33.97
  • tbtctBTC (TBTC) $ 70,942.00
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.643972
  • euro-coinEURC (EURC) $ 1.17
  • wrappedm-by-m0WrappedM by M0 (WM) $ 1.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.006449
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.03
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999022
  • monadMonad (MON) $ 0.033401
  • blockstackStacks (STX) $ 0.213274
  • c8ntinuumc8ntinuum (CTM) $ 0.087592
  • venice-tokenVenice Token (VVV) $ 8.25
  • chilizChiliz (CHZ) $ 0.036013
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,455.82
  • tezosTezos (XTZ) $ 0.342529
  • decredDecred (DCR) $ 21.30
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999983
  • sei-networkSei (SEI) $ 0.054274
  • resolv-wstusrResolv wstUSR (WSTUSR) $ 1.13
  • usxUSX (USX) $ 0.999351
  • cocaCOCA (COCA) $ 1.30
  • kinesis-goldKinesis Gold (KAU) $ 150.34
  • hastra-primePRIME (PRIME) $ 1.03
  • sun-tokenSun Token (SUN) $ 0.017969
  • doge-strategyDoge Strategy (DOGESTR) $ 0.288297
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,406.26
  • apenftAINFT (NFT) $ 0.00000033
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 76,200.00
  • aerodrome-financeAerodrome Finance (AERO) $ 0.354377
  • ether-fiEther.fi (ETHFI) $ 0.406056
  • bittorrentBitTorrent (BTT) $ 0.00000032
  • curve-dao-tokenCurve DAO (CRV) $ 0.209553
  • wrapped-flareWrapped Flare (WFLR) $ 0.009961
  • gnosisGnosis (GNO) $ 118.26
  • edgexedgeX (EDGE) $ 0.871884
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,266.86
  • bitcoin-svBitcoin SV (BSV) $ 15.09
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.12
  • plasmaPlasma (XPL) $ 0.126053
  • usdaiUSDai (USDAI) $ 0.999567
  • injective-protocolInjective (INJ) $ 2.91
  • kinesis-silverKinesis Silver (KAG) $ 74.33
  • spx6900SPX6900 (SPX) $ 0.300808
  • binance-peg-xrpBinance-Peg XRP (XRP) $ 1.59
  • lighterLighter (LIT) $ 1.10
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 2,443.47
  • fraxLegacy Frax Dollar (FRAX) $ 0.993715
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,421.84
  • conflux-tokenConflux (CFX) $ 0.052133
  • kaiaKaia (KAIA) $ 0.045993
  • noonNoon (NOON) $ 0.751949
  • sbtc-2sBTC (SBTC) $ 77,039.00
  • doublezeroDoubleZero (2Z) $ 0.077634
  • flokiFLOKI (FLOKI) $ 0.000028
  • celestiaCelestia (TIA) $ 0.293024
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 115.56
  • official-foOfficial FO (FO) $ 0.264072
  • savings-usddSavings USDD (SUSDD) $ 1.03
  • syrupMaple Finance (SYRUP) $ 0.226668
  • lido-daoLido DAO (LDO) $ 0.305407
  • jasmycoinJasmyCoin (JASMY) $ 0.005230
  • msolMarinade Staked SOL (MSOL) $ 133.18
  • ape-and-pepeApe and Pepe (APEPE) $ 0.000001
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,265.06

Ethereum leadership and scaling debates heat up

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Ethereum leadership and scaling debates heat up

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

Overshadowed by this weekend’s Trump meme mania, the ongoing debates surrounding Ethereum’s future have reached fever pitch. The public discussion highlights divides between parts of the community and the Ethereum Foundation (EF). Debates touch on governance, the network’s scalability roadmap and long-term vision.

One key area of debate is the governance of the EF. Critics argue that the EF’s internal structure may not be suitable for the current era. Despite its mission to decentralize, the foundation’s current centralized decision-making invites critiques of its responsiveness to competitive threats and evolving narratives.

Ironically, much of the strident criticism against current executive director Aya Miyaguchi stems from a mistranslation of comments she made in a Japanese interview, which has caused considerable misunderstanding and misrepresentation of her views.

Vitalik Buterin himself and other community members have called attention to the issue, emphasizing the distinction between the original Japanese article and the version promulgated on Crypto Twitter — which wrongly claimed Miyaguchi said “competing and winning” are values antithetical to Ethereum culture. (They are not.)

The mistranslation is so blatant, it’s hard to imagine it wasn’t intentional. These errors in translation have fueled online bullying, which has continued despite the clarification.

Some commentary has grown toxic enough to spook core devs, with pseudonymous Prysm developer Potuz commenting on the broader sentiment: “Reading twitter these last few days has made me feel that either I should just log off and keep coding or leave the space altogether.”

How best to articulate Ethereum’s core mission is another sore spot. On one side, those who emphasize Ethereum as a settlement layer argue that a strong monetary premium is essential for network security. On the other side, voices like Martin Koeppelmann advocate for positioning Ethereum as a “world computer,” with a focus on transaction capacity and total fees as the main indicators of success. Such voices view ETH as “money” secondarily.

Ethereum’s scalability plan via rollups continues to be questioned. We’re seeing a fresh batch of calls for more ambitious strategies to scale Ethereum mainnet — this time from within the EF itself.

“If Ethereum wants to win, we need to be ambitious,” Dankrad Feist wrote Monday on X.

Achieving bandwidth goals by 2026 is crucial, he argued. “We need to get to our current target of one megabyte per second in 1–2 years rather than 5, and then KEEP GOING.”

That the status quo won’t cut it seems to be the emerging consensus.

Source

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