Ethereum & Altcoins
Ethereum and the broader altcoin universe drive most of the daily news flow in crypto — every protocol upgrade, every L2 launch, every validator-economics change, every altcoin rotation. LeoDex News covers Ethereum's roadmap (Pectra, Verkle trees, danksharding) alongside the L2 ecosystem (Arbitrum, Optimism, Base, zkSync) and the major non-Bitcoin assets that move markets (SOL, XRP, NEAR, ICP, AVAX, and more).
We focus on the mechanism, not the meme. When NEAR rallies 19% in a session, we explain what shipped to drive it. When validator queues spike, we trace it to the staking-derivatives flow. When a new L2 ships, we surface the actual tradeoffs vs the existing ones. Trade these assets on LeoDex — non-custodial, no signup, 100+ DEXes across 60+ chains.
Latest in Ethereum & Altcoins
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$215B altcoin rally hinges on Bitcoin holding $75K support
Altcoins gained $215 billion in market cap over three days as Bitcoin climbed toward $80,000, with 56% of Binance tokens reclaiming their 200-day averages and funding rates signaling early-stage altseason—but the move risks reversal if Bitcoin loses key support.
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CryptoQuant flags $215B altcoin inflow as regulatory clarity gains traction
A $215 billion surge into altcoins over three days pushed the non-Bitcoin crypto market above $1 trillion, driven partly by Trump's Bitcoin purchase announcement and CLARITY Act push. The Altcoin Season Index sits at 49—below the 75 threshold for true altseason.
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Ethereum's Glamsterdam upgrade extends block validation to 6–9 seconds
Ethereum node operators now test Glamsterdam on Platåberget, a public network launched August 13 to rehearse coordinated client and infrastructure changes. The upgrade's core change, EIP-7732, separates block proposal from execution validation and extends the critical path from roughly 2 seconds to 6–9 seconds for validators.
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Bitcoin captures 77% of $1.3B crypto ETF inflow surge as BlackRock leads
Bitcoin accounted for 77.4% of $1.297 billion in inflows across US Bitcoin, Ethereum, and Solana ETPs from August 17–19, with BlackRock's IBIT fund leading the rebound. Ethereum accelerated sharply while Solana lagged its historical average.
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Ethereum Platåberget Testnet Goes Live for Glamsterdam Upgrade
The Ethereum Foundation announced the Platåberget public testnet is now live, marking the next phase of testing for the Glamsterdam upgrade scheduled to fork on August 20. The testnet will run for several months and includes major changes like Enshrined Proposer-Builder Separation and gas repricings.
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Ethereum Glamsterdam upgrade breaks 21,000 gas constant for new accounts
Ethereum's Glamsterdam upgrade introduces state gas charges for new account creation, ending a decade-long flat 21,000 gas fee for simple transfers. Wallets and DeFi protocols must adapt or face failing transactions.
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Tom Lee Forecasts Ethereum to Outperform Bitcoin in Coming Years
Fundstrat co-founder Tom Lee forecasts Ethereum will significantly outperform Bitcoin, citing emerging use cases in tokenization and agentic AI as catalysts that could exceed previous crypto cycle tailwinds.
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Bank Leumi launches direct crypto trading with Galaxy Digital
Israel's largest bank, Bank Leumi, announced a partnership with Galaxy Digital to offer Bitcoin, Ethereum, and Solana trading to its customers, launching in early 2027 and becoming the first bank in the country to provide direct digital asset services.
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Ripple's $50M RLUSD Mint on Ethereum Narrows XRP Ledger Gap
Ripple issued 50 million RLUSD tokens on Ethereum, pushing the stablecoin's total circulating supply to $1.63 billion and narrowing the supply gap with XRP Ledger to just $5.7 million. Capital is flowing from Ripple's native network to Ethereum as corporate clients prefer the latter's infrastructure.
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USENIX study identifies 65,340 risky crypto addresses with $574.8M in losses
Researchers at USENIX Security '26 identified 65,340 risky addresses across Ethereum and BNB Smart Chain, with $574.8 million in associated losses. Two active attack vectors account for $15.7 million of the total.
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Crypto valuations could double as protocols adopt token buybacks
Bitwise Chief Investment Officer Matt Hougan said crypto valuations could at least double as protocols increasingly use revenue to fund token buybacks and burns, with revenue-capture mechanisms expected to spread across DeFi and layer-1 networks over the next 12 to 24 months.
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Ethereum Exchange Reserves Drain $25.6M Weekly as Smart Contracts Surge
Ethereum's exchange reserves are draining at $25.6 million per week while smart contract deployments surged 50% above the three-month average, signaling a structural shift from trading to on-chain utility and potential price volatility.
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Ether.fi splits weETH from restaking as Ethereum rewards debate heats up
Ether.fi removed restaking from weETH, its flagship staking token, forcing users into a separate token (weETHs) to access higher-risk yield. The move comes as Ethereum researchers propose capping validator rewards, sparking criticism from staking operators.
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Arizona, Pennsylvania, Illinois halt data center tax incentives over energy concerns
Three major US states have reversed or paused data center tax incentives, citing strain on energy grids and fairness concerns as hyperscalers expand operations nationwide.
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XRP ETFs Post $15M Weekly Inflows as Bitcoin, Solana See Outflows
XRP spot ETFs attracted $15 million in net inflows last week, bucking broader crypto weakness. Bitcoin ETFs saw $0.6 million in outflows and Solana funds lost $17 million, signaling selective investor demand across digital assets.
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Bitcoin ETFs surge $170M inflows while Ethereum ETFs shed $11.4M
Spot Bitcoin ETFs logged $170 million in net inflows Monday while Ether ETF counterparts shed $11.4 million, underscoring institutional investors' diverging appetite for the two largest crypto assets amid market uncertainty.
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XRP Holders Can Borrow RLUSD on Ethereum Without Selling
Flare's FXRP has been approved as collateral in a Morpho lending vault, allowing XRP holders to tap Ethereum's DeFi markets and borrow Ripple's RLUSD stablecoin against their holdings without selling.
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Solana bot cluster shows 3x profit edge via HumidiFi protocol, ASE study finds
An ASE 2026-accepted paper examining 200 addresses from two Solana bot services found that a 12-address cluster routed through HumidiFi with a 62.3% positive return rate versus 21.01% for other transactions in the group—but researchers stressed correlation, not causation.
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Senate Faces Week-Long Window to Advance Digital Asset Clarity Act
The Senate heads into recess in one week with the Digital Asset Market Clarity Act still unresolved. An ethics provision stalemate between lawmakers and the White House is the primary blocker, though a procedural vote this week could position the bill for passage in September.
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Ripple CTO Emeritus Signals Continued XRP Involvement After Year-End Departure
David Schwartz, Ripple's CTO emeritus and original XRP Ledger architect, pushed back on retirement speculation in late September 2025, signaling he remains actively engaged with the protocol despite his planned step-down from day-to-day operations.
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U.S. Treasury Sanctions Iran Bitcoin Insurance Scheme for Strait of Hormuz
The Treasury Department designated two Iranian firms behind a maritime insurance operation that accepted bitcoin and other digital assets, describing the arrangement as extortion tied to IRGC-backed shipping controls.
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HYPE Token Down 24% as Institutional Deposits to Exchanges Accelerate
Hyperliquid's native token HYPE has lost approximately 24% over the last month, coinciding with large institutional deposits to centralized exchanges and deteriorating technical indicators including an RSI approaching oversold territory.
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Solflare launches Aurora Intents cross-chain deposits for Solana
Aurora Labs has integrated its intent-based cross-chain protocol with Solflare, allowing users to deposit assets from Bitcoin, Ethereum, and seven other blockchains directly into Solana wallets without bridge apps or wrapped tokens. Transfers settle in under a minute from Ethereum and about 14 minutes from Bitcoin.
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Bitcoin ETF outflow vs. Ethereum inflow on July 27: $11.6M divergence
Bitcoin ETFs recorded an $11.6 million outflow while Ethereum funds saw a $9.2 million inflow on July 27, signaling divergent investor sentiment. Single-day movements like these can be volatile and may not reflect sustained shifts in market positioning.