
Vitalik Buterin has raised concerns about the centralization of Ethereum's staking model, noting that two entities produced 88% of blocks this month. To address this, Buterin suggests capping the amount of ETH users can stake. Concurrently, Ethereum's market cap has dropped $1 trillion behind Bitcoin, with whale activity down 70% since 2021. The shift to Proof-of-Stake has contributed to these centralization concerns. Additionally, Bitcoin has dipped to $66,000, while Ether fell 5.3% amid a broader market selloff affecting traditional assets. Solana has shown resilience, with the SOL/ETH trading pair reaching new highs.
$SOL/$ETH has soared to a new peak as ETH tumbles to its weakest against #Bitcoin since April 2021. What's next for Ethereum? In the meantime, Solana stands strong amidst Bitcoin's recent dip. Share your insights in the comments!
Solana roll call 🗣️
For the first time in like 3 years, I hold close to zero ETH. Been deploying into several altcoins instead, also memes. Pretty sure I am marking the generational $ETH bottom with this tweet, but that's a chance I am willing to take. https://t.co/FH5NAG4xIa










