Ethereum is advancing its long-term scalability strategy with a substantial technical shift to integrate the zero-knowledge Ethereum Virtual Machine (zkEVM) into the layer-1 blockchain. On July 10, Sophia Gold, an Ethereum Foundation developer, stated that the foundation aims to ship the L1 zkEVM within a year, marking a critical evolution in Ethereum’s pursuit of efficient,…
Ethereum has surged past the $3,000 mark for the first time since February, riding on the renewed momentum sweeping across the broader crypto market. According to CryptoSlate data, ETH’s price peaked at $3,033 during the last 24 hours amid a 9% increase. However, its value has slightly retraced to $2,991 as of press time. This…
Zak Cole, a leading Ethereum core developer, has launched a new initiative to drive the Ethereum network’s expansion and boost its market value. In a speech at the Ethereum Community Conference on July 2, Cole introduced the Ethereum Community Foundation (ECF), an independent entity dedicated to supporting Ethereum as an asset and pushing its price…
