Coindesk

Decentralized systems like the electric grid and the World Wide Web scaled by solving communication bottlenecks. Blockchains, a triumph of decentralized design, should follow the same pattern, but early technical constraints caused many to equate decentralization with inefficiency and sluggish performance.As Ethereum turns 10 this July, it’s evolved from a developer playground into the backbone of onchain finance. As institutions like BlackRock and Franklin Templeton launch tokenized funds, and banks roll out stablecoins, the question now is whether it can scale to meet global demand—where heavy workloads and millisecond-level response times matter.For all this evolution, one assumption still lingers: that blockchains must trade off between decentralization, scalability, and security. This “blockchain trilemma” has shaped protocol design since Ethereum’s genesis block.The...

BONK has rallied 6%, recovering from earlier declines to reach $0.000036. The Solana-native meme coin traded in a wide 12% range, moving between $0.00003276 and $0.00003670, with pronounced volatility offering opportunity for accumulation by strategic buyers. Price momentum was strongest between 12:00 and 13:00 UTC on July 28, when BONK surged to its daily high of $0.00003670 on exceptional volume of 3.8 trillion tokens, according to CoinDesk's technical analysis data model. High-intensity buying also emerged during the 13:32–13:35 UTC interval, where trading volumes topped 115 billion tokens per minute, a move which appeared to signal institutional confidence.The rally coincided with encouraging network-level data for Solana. Non-fungible token (NFT) trading activity on Solana hit a Q3 high on July 28, with...

Digital payments giant PayPal (PYPL) said it is rolling out a service that lets U.S. merchants accept over 100 cryptocurrencies in payment for purchases as it aims to cut cross-border fees.The feature, dubbed Pay with Crypto and available in the coming weeks, enables shoppers to use crypto wallets like MetaMask and Coinbase at checkout. Payments can be made with digital assets such as bitcoin (BTC), ether (ETH), XRP (XRP) and stablecoins like USDC and USDT, covering 90% of the total crypto market cap. The merchants receive U.S. dollars, settling the transaction almost instantaneously, a spokesperson said Monday.The company will charge a 0.99% service fee, some 90% less than international credit card processing, PayPal said."Businesses of all sizes face incredible pressure...

Ether ETH treasury firms are emerging with a new playbook: Treat the cryptocurrency not just as a reserve asset, but as yield-generating capital. In recent months, several companies have unveiled ether treasury strategies that generate passive yield through ETH staking. These include BitMine Immersion Technologies (BMNR) and SharpLink Gaming (SBET).According to a report from Wall Street broker Bernstein published on Monday, these companies are structuring treasuries around the second-largest cryptocurrency, staking assets to earn operating income while supporting the network’s financial base.While bitcoin (BTC) treasuries like Strategy’s (MSTR) favor liquidity and passive holding, ether treasuries are leaning into staking yields, currently just under 3%, though historically ranging between 3%–5%, the report noted.A $1 billion ether treasury could generate $30million–$50 million...

A popular pseudonymous crypto analyst on X known as "Wolf has outlined a bullish roadmap for ether, predicting the second-largest cryptocurrency could hit $13,000 as early as the fourth quarter. While $13,000 is his optimistic scenario, Wolf’s conservative target still places ETH above $8,000 — more than double its current level.In a chart-based post shared Friday, Wolf said he expects ether to continue rising sharply after reaching new all-time highs, though he warned of a 20%–25% correction following that breakout. He characterized this pullback as a “final shakeout” before a longer-term rally resumes.Supporting the bullish outlook, institutional activity appears to be picking up. On-chain analysis service "Lookonchain" reported Monday that SharpLink Gaming (SBET), the Nasdaq-listed company that launched its ETH...