Ethereum Foundation warns some tools may break with Glamsterdam upgrade
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Ethereum devs to narrow 66 proposals tied to Hegotá upgrade
The Hegotá upgrade aims to introduce more native privacy for Ethereum applications.
Sophia Dew, a developer relations member at the Ethereum Foundation, has announced her departure.
According to Mars Finance, on July 8th, Sophia Dew, a developer relations member at the Ethereum Foundation (EF), announced that this week will be her last week serving full-time at the Ethereum Foundation. Dew has been active in the Ethereum ecosystem for the past four years. She stated, "I remain very optimistic about the future of Ethereum. It truly is one of the most powerful and cohesive ecosystems ever."
Opinion: Ethereum is testing a key resistance level; a break above this level could see it rise to $2245.
According to Mars Finance, on July 7th, crypto analyst Alicharts stated that Ethereum is currently testing resistance at the 0.8 MVRV pricing band around $1796. If the daily closing price is above this level and successfully holds as support, it will strengthen the bullish case and could potentially initiate a move towards the Ethereum realization price, namely $2245. Alicharts further points out that a break above both $1796 and $1816 would trigger a bullish breakout. From a technical perspective, such a move would also increase the probability of ETH breaking through the channel top at $1844 and starting its march towards the $2245 realization price.
Vitalik: Ethereum is preparing for its largest upgrade since The Merge
According to Odaily Odaily, Vitalik Buterin stated that Ethereum is preparing for its largest upgrade since The Merge. (Solid Intel)
The Ethereum Foundation donated 2,469 stETH to Argot, equivalent to approximately $4.34 million.
According to BlockBeats, on July 5th, as monitored by on-chain analyst Ember, the Ethereum Foundation donated 2469 stETH, worth approximately $4.34 million, to the non-profit Ethereum development organization Argot one hour ago. Last July, the Ethereum Foundation provided Argot with 7000 ETH in operating funds over three years. Argot subsequently sold 4826.6 ETH at an average price of $3194, obtaining 15.417 million USDC. Today, Argot received its fourth year of funding from the Ethereum Foundation, totaling 2469 stETH. Next July, Argot will receive its final fifth-year funding, also consisting of 2469 stETH. On-chain transaction data shows that the funds have been transferred to Argot's designated address.
DeFi researcher Ignas: He is bullish on ETH if the Ethereum Foundation delivers the "simplified roadmap" on time; however, delays coupled with a bear market could be bearish.
According to Foresight News , DeFi researcher Ignas commented on Vitalik Buterin's previously released "simplified Ethereum" roadmap, stating, "If the Ethereum Foundation can deliver on time, I'm bullish on ETH. The roadmap is very attractive because it addresses most of the key demands raised by the community, including L1 reclaiming execution control from L2, privacy protection, quantum resistance, and second-level finality, but the issue of tokenomics remains unaddressed." It also pointed out that the most anticipated part of the roadmap will be implemented after 2028, with the final goal set for 2029. If the Ethereum Foundation (EF) delivery schedule is delayed and the bear market continues, it may negatively impact the price of ETH, as competing projects such as Tempo and Canton are posing a challenge to Ethereum in the areas of real-world assets (RWA) and institutional adoption.