This Week In Ethereum
Your weekly update of everything going on in Ethereum
Welcome back to another edition of This Week In Ethereum. Your weekly guide to the best alpha in the Ethereum ecosystem.
Top Ethereum News of the Week
Vitalik goes through the long term future for Ethereum at EthCC. Vitalik says after the Merge will be The Surge, where Ethereum will be upgraded to process about 100,000 transactions per second "according to the math".
Here’s the link to the full talk Vitalik gave at EthCC
Someone bought $1.7 billion worth of ETH Futures Contracts
Polygon introduces Polygon zkEVM, the first EVM-equivalent ZK L2
Someone made an $1 million offer on amazon.eth
zkSync announces the zkSync 2.0 mainnet launch is coming in 100 days
Stats
Since May, there has been 131 new whale addresses holding between 1000 and 100,000 ETH
Post-Merge Etehreum will consume 10,000x less Electricity than Bitcoin
Ethereum number of addresses holding 10+ ETH hits ATH
ETH/BTC is close to crossing the bull market trend line
Ethereum addresses in profit hits 1 month high
There is now the largest number of addresses holding 1 ETH in the history of Ethereum
Since EIP-1559 went live the amount of ETH burned has been greater than PoS issuance continuously
Total value in the ETH 2.0 Deposit Contract goes over $20,000,000,000 again
Ethereum balance on exchanges hits 4 year low
Ethereum News
Galaxy Digital buys $75.6 million worth of ETH
Synthetix’s sUSD bridge is now live
Stateful Works releases Beacon Book: Read and Mint now
Aave V3 was deployed on Goerli testnet & the new Optimism Goerli testnet
@SpruceID announces Sign-In with Ethereum has moved from draft to review as an EIP
Coinbase offers free Coinbase-managed Web3 usernames to its users built on top of the ENS infrastructure
Uniswap is about to flip Coinbase in daily volume
@cmsintern releases 2022 colorized
Rocket Pool to start offering staking services
Skynet is now supported on ETH.LIMO
@StaniKulechov will be speaking at @DeFi_Conference on 8/11
Lens Protocol goes over 1,000,000 gasless transactions
Curve CEO announces launch of over-collateralized stablecoin soon
Lido is launching stETH on Layer 2
GitcoinDAO launches Gitcoin Passport
Umbria announces Arbitrum bridging
Clearpool is bringing institutional DeFi to Polygon
@owocki releases meme about the Merge not being priced in
Dune Analytics shows off the top 10 Arbitrum dashboard so far
ethOS v1.0 is now out
Aura surpasses $200M in TVL
Diamond Protocol is now live on Optimism
Vyper is now supported on zkSync 2.0 testnet
Scroll is releasing the pre-alpha version of Scroll for external testers
ENS Domains announces partnership with Huobi Global
Revert Finance releases fee auto-compounding feature for Uniswap v3 Liquidity Providers
ENS Vision releases the first version of their ENS Exclusive Marketplace
Rhinofi is looking to hire new roles
Gnosis Guild introduces Tabula
Arbitrum’s Nitro Görli testnet for Arbitrum Rollups is live
The @ethStaker Merge Prep Validator Workshop is coming July 29th
@ETHeyAndBeTChy release new comics
Rainbow is looking to hire a Senior Designer
Superfluid announces the Superfluid Dashboard V2
@Scott_eth announces Sudoswap is launching NFTs on Uniswap
Shell Protocol announces the MEV harnessing system for Shell v2
The Merge Updates
TTD for the Ethereum Goerli Testnet Merge has been set at 10,790,000. This means Ethereum's Goerli Testnet will go through The Merge transition around August 10th.
The Goerli Shadow Fork 5 was successful
CNBC covers the Merge and EthCC
Vitalik confirms Merge testing is 90% complete
The Ethereum Core Devs Meeting 143 was led by @TimBeiko
Only 17 more days until the Ethereum PoS Merge transition happens on Goerli Testnet
The Ethereum Mainnet Shadow Fork 10 config was released. TTD is planned for July 27
@christine_dkim releases All Core Devs Call #143 Notes
@shegenerates releases Updated FAQ thread on The Merge
@LeonidasNFT releases ETH Merge thread
@LucasOutumuro shows ETH projected deflation post Merge
@Crypto_Texan releases 8 misconceptions about The Merge
@superphiz reminds everyone that Ethereum validators will not be able to use Infura after The Merge
Articles and Threads
@Swagtimus releases StarkNet Roundup #26
@VitalikButerin releases Proposals to adjust memory gas costs
Chainlink releases What Is a Layer 2
@SpencerNoon releases OurNetwork #130
@WPeaster releases zkEVM: a huge unlock for NFTs
@polarpunklabs releases Who Is Building Ethereum's Public Goods
@tokenterminal releases new research article on Arbitrum
@CoinbaseCloud releases What’s difficult about zk proofs and scalability, and how does the Polygon zkEVM try to solve them
@apolynya releases 4844 and Done
@dennis_qian releases new Monday DeFi Market Alpha
@0xNurstar releases Recap of the previous Day on StarkNet
@VivekVentures releases thread on Why ETH will flip BTC
@TheDeFISaint releases deep dive thread on the Optimism Ecosystem
@JackNiewold releases a thread on what ZK-rollups mean for Ethereum
@cryptoPothu releases thread on what the 5 main stages of Ethereum’s roadmap looks like
@eshita & @dunleavy89 release The Big Three zkEVM Announcements on Messari Crypto
@milesdeutscher breaks down the next 5 stages for ETH
@eshita releases StarkNet's Plan to Decentralize on Messari Crypto
Defiprime releases The Defiprime Post #102
@EthereumPools releases thread on how Ethereum rewards/penalties look in practice
Week In Ethereum News releases The latest Week in Ethereum News
@0xQuit releases thread on Everything you need to know to avoid getting scammed
@OlimpioCrypto releases thread about rumors that Consensus is looking to decentralize Infura
@BelfortNFT releases How I trade Eth and why I’ve slept well at night for the past few months as prices have plummeted thread
@ProgrammerSmart releases Uniswap V3 - How to derive the curve of real reserves
@itstimconnors releases Understanding Hop Protocol course on 101.xyz
@noxx3xxon releases A quick mental model for understanding storage slot packing in the EVM
@epnsproject releases Q2 Wrap Up
Twitter Spaces
zkEVM: The Road to Mainnet w/ @zkSync
Podcasts
The Defiant The Ethereum Merge: All Your Qs Answered w/ @CamiRusso & @drakefjustin
Ethereum Cat Herders PeepanEIP #79 w/ @poojaranjan19 & @tkstanczak
Polygon Alpha Podcast w/ @Crypto_Texan & @dimsomedim of @mstable_
@gabrielhaines releases How to Bridge to Ethereum, Polygon, Optimism, Arbitrum using Across Protocol
If you missed This Week In Ethereum last week, make sure to check it out👇
This concludes This Week In Ethereum. I’ll be back again next week with the best alpha in the Ethereum ecosystem!
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Stay gucci frens.
This newsletter is for educational purposes only and is not financial or investment advice. Always make sure to do your own research and stay gucci.