“On Zepeto, particularly when it comes to clothing and fashion, there’s a much higher propensity to spend on digital goods.”
— Barney Lynch, Account Director, GEEIQ
The Ethereum community is buzzing with controversy following Vitalik Buterin’s update on the Ethereum Foundation’s leadership shakeup.
He wants to boost technical expertise, improve ecosystem communication, and support app builders to promote decentralization, privacy, and censorship resistance.
But here’s the real problem: 🤯
it’s too little, too slow, and far too disconnected from the realities of today’s market.
Ethereum has become a giant asleep at the wheel.
"Sharding" is in the works since 5+ years, but transaction speed and cost are still nowhere competitive.
Ethereum's market dominance dropped 50% to a mere 10% in 2024.
And while Ethereum tinkers with its internal structure and ideologies, competitors are shipping products, capturing market share, and defining the future.
Punchline: Ethereum struggles to find its place among top L1s for consumer and corporate adoption. One thing is clear: Leadership needs to step-up.
Circle acquired Hashnote, the issuer of the world’s largest tokenized money market fund (TMMF), US Yield Coin (USYC), valued at over $1.25B. [Announcement]
