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LINK $9.31 -2.51%
HYPE $41.51 -3.01%
AAVE $97.18 -0.96%
SUI $0.9336 -2.47%
XLM $0.1654 -4.12%
ZEC $353.17 -1.93%
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Matrixport: ETH has recently achieved a rise of over 60%, mainly due to the simplified vision and technological upgrades proposed by Vitalik

2025-05-12 15:33:36
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ChainCatcher news, according to Matrixport's analysis report today, Ethereum has recently achieved a surge of over 60%, primarily due to the simplified vision and technical upgrades proposed by Vitalik. On May 3, Vitalik presented a simplified vision for Ethereum Layer 1 centered around "clarity" and "security," where EIP-4850 introduces a revenue-sharing mechanism with Layer 2, helping Ethereum capture value from L2 activities; EIP-7691 reduces L2 transaction fees by expanding data block capacity, enhancing operational efficiency and attracting more on-chain transactions back to the mainnet.

Additionally, the report points out that Ethereum's recent liquidation scale has surged to $221 million, a phenomenon that typically occurs during market downturns rather than during price increases.

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