💥 Ethereum condemned? The founder of Cardano predicts its disappearance
Welcome to the Daily Tribune of Friday, April 25, 2025 ☕️
Hello Cointribe! 🚀
Today, we are Friday, April 25, 2025, and like every day from Tuesday to Saturday, we summarize the latest 24-hour news you shouldn’t miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Sunny ☀️
24h crypto recap! ⏱
🍽️ Trump hosts an exclusive dinner for the biggest holders of $TRUMP tokens
The memecoin $TRUMP jumps 70% after the announcement of a dinner with Donald Trump, reserved for the 220 largest wallets.
⏳ Charles Hoskinson predicts the end of Ethereum within 15 years
Charles Hoskinson, founder of Cardano, estimates that Ethereum could disappear within the next 15 years due to its technical limitations and the rise of layer 2 solutions.
📈 Revolut records a historic performance thanks to crypto trading
Revolut announces a pre-tax profit of 1.1 billion pounds in 2024, driven by strong growth in crypto trading, interest income, and card fees.
🇷🇺 Russia launches a crypto exchange reserved for the elite
Russia inaugurates a cryptocurrency trading platform aimed at elites, seeking to bypass international sanctions and strengthen its financial autonomy.
Crypto of the day: Arweave (AR)
Arweave is a blockchain specializing in decentralized and permanent data storage. Its goal is to create a "permaweb," a permanent web where information is stored indefinitely. Unlike traditional storage solutions, Arweave uses a unique consensus mechanism called "Proof of Access," which incentivizes miners to store data durably. This approach ensures that information remains accessible and immutable, making it an ideal solution for archives, historical content, and applications requiring long-term preservation.
The native token AR is used to pay storage fees on the Arweave network. When a user wishes to store data permanently, they pay once in AR, guaranteeing the preservation of information forever. Miners, in return, are rewarded in AR for their contribution to storage and securing the network.
Recent performance:
Current price: $6.99 USD
Change over 24 hours: +10.64%
Market capitalization: approximately $458.8 million
Rank on CoinMarketCap: #121
BNB Chain: The Lorentz hard fork promises a technical revolution starting April 29
On April 29, 2025, at 5:05 UTC, BNB Chain will reach a major milestone with the activation of the Lorentz hard fork. This technical update aims to significantly improve network speed and efficiency and marks a major evolution of Binance's blockchain infrastructure.
Lorentz: A major technological breakthrough
The core of this update is based on proposal BEP-520, which will reduce block time from 3 to 1.5 seconds. This modification aims to decrease latency, accelerate transaction finality, and provide an improved user experience for developers, validators, and end users. Other significant adjustments include:
Increasing Epoch from 200 to 500
Reducing gas limit from 140 to 70 million gwei
Doubling "Consecutive TurnLength" from 4 to 8
These changes aim to strengthen the network resilience while maintaining its overall throughput.
Implications for the BNB ecosystem
This update requires all BSC nodes to be upgraded to version 1.5.10 before the hard fork. A similar upgrade was successfully implemented on the OpBNB network on April 21, reducing its block time to 0.5 seconds.
With the Lorentz hard fork, BNB Chain commits to a major technological transformation, aiming to improve the speed and fluidity of transactions.
This evolution strengthens Binance's position in the crypto universe while offering users and developers a faster and more stable infrastructure, better suited to the demands of Web3.🔗 Read the full analysis
