After weeks of jubilance over the Solana ecosystem’s resounding comeback—one that boosted SOL, Solana NFTs, Solana meme coins, and even the lackluster Solana smartphone—the momentum began to cool this week, triggering intensified exchanges between advocates of the blockchain and those of its dominant rival, Ethereum.
On Thursday, Ethereum co-founder Vitalik Buterin bemoaned the dying Web3 vision that originally spurred much crypto development, blaming stalled progress on the exorbitant cost of gas fees.
The tension was likely heightened by the declining fortunes of key Solana winners of recent weeks, most notably the once-unstoppable dog-themed meme coin BONK.
And just in time, native tokens of Ethereum layer-2 networks such as Optimism and Arbitrum shot up over 30% and 16%, respectively—likely due to those blockchain’s lower gas fees.
Even seemingly unrelated news events got sucked into the fray. When news broke earlier in the week that Donald Trump had started offloading millions of dollars worth of ETH from his struggling NFT projects, Twitter users were quick to view the news as a referendum on the never-ending Ethereum/Solana fracas.
Bitcoin ETFs have seen their best day of trading since the start of May, with smaller funds enjoying healthy inflows.
Fidelity's Wise Origin Bitcoin Fund (FBTC), the second-largest spot ETF in the U.S., saw its net assets rise by $188 million in just 24 hours, per data from SoSoValue.
Meanwhile, the ARK 21Shares Bitcoin ETF (ARKB)—in fourth place after the Grayscale Bitcoin Trust—clocked inflows of $155 million, with the two funds between them accounting for more than half of the funds invested...
A divisive proposal to rebrand Bitcoin’s base unit is gaining momentum on social media after Twitter (now X) founder and longtime Bitcoin bull Jack Dorsey shared support on Sunday, racking up more than 1 million views collectively on posts promoting BIP 177.
Authored by software developer John Carvalho, the Bitcoin Improvement Proposal, entitled “Redefine Bitcoin's Base Unit,” seeks to do just that—by shifting the way the coin’s quantities are displayed, removing the decimal point and leading z...
Ethereum investment products generated $205 million worth of inflows last week following the asset’s climb toward $2,700—far more than the $1.5 million a week prior—according to a report from crypto asset manager CoinShares on Monday.
Overall, investors stuffed $785 million into digital asset investment products, including spot exchange-traded funds, lifting year-to-date inflows to more than $7.4 billion, their highest point of 2025.
“Ethereum was the standout performer,” CoinShares Head of Res...
