🚀 Ethereum says goodbye to slow updates: Pectra and Fusaka are going to change everything!
Welcome to the Daily Tribune for Saturday, February 15, 2025 ☕️
Happy New Year to Cointribu! 🚀
Today is Saturday, February 15, 2025, and like every day from Tuesday to Saturday, we summarize the news from the last 24 hours that you shouldn't miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Partially sunny 🌤️
24h crypto recap! ⏱
⚡ Ethereum accelerates: End of slow forks, welcome to efficiency!
Ethereum is changing its strategy with Pectra and Fusaka, two major updates aimed at accelerating the deployment of improvements and enhancing the scalability of the network. Pectra, scheduled for April, includes 20 key improvements, including an optimization of data management and a simplification of user interaction. Meanwhile, Fusaka aims to improve transaction inclusion and make Ethereum more competitive against new blockchains. With this new development pace, Ethereum hopes to maintain its leadership against the competition from Layer 2 and other innovative blockchains. 🔗 Read the full article
🌊 OpenSea launches its crypto SEA and begins a strategic shift!
The leader in NFTs, OpenSea, announces the launch of its token SEA, a project that accompanies a complete overhaul of the platform. Unlike traditional airdrops, OpenSea will distribute the tokens based on users' usage history, rewarding the most loyal. This decision comes after criticism about its too "corporate" turn and its distancing from the values of Web3. OpenSea thus hopes to compete with rivals like Blur, while capitalizing on the comeback of NFTs in a more mature market. 🔗 Read the full article
🇪🇺 Bybit is off the AMF blacklist and prepares for MiCA!
After two years of tension with the Financial Markets Authority (AMF) in France, Bybit is finally off the regulators' blacklist. Already, the platform is repositioning itself to obtain a MiCA license in Europe. This license would give it access to 27 markets at once, a huge strategic advantage against rivals like Bitget, which is already obtaining licenses in Bulgaria and Poland. Bybit is now betting on this European legalization to attract institutional investors, despite the increased regulatory constraints imposed by MiCA. 🔗 Read the full article
🔥 Solana surpasses $10.1 billion in cross-chain volume!
Solana records a spectacular increase of 114% in its cross-chain transactions, reaching $10.1 billion. The adoption of cross-chain bridges is exploding, with USDC leading the way ($3.9 billion), followed by Ethereum and Solana itself. Despite this explosive growth, Ethereum remains significantly ahead with $38 billion in cross-chain volume. The rise of Solana in blockchain interoperability could, however, redefine the balance of power, making its transactions even smoother and more attractive for investors and developers. 🔗 Read the full article
Crypto of the day: MANTRA (OM)
MANTRA is a layer 1 blockchain focused on security, designed for the tokenization and trading of real-world assets (Real World Assets - RWA) in compliance with regulatory requirements. Built using the Cosmos SDK, it is compatible with Inter-Blockchain Communication (IBC) and supports CosmWasm, thus providing a robust infrastructure for developers and institutions. MANTRA offers a permissionless chain for permissioned applications, allowing the creation, exchange, and management of tokenized assets in compliance with existing regulations.
The native token of MANTRA, OM, is used for various functions within the ecosystem. It serves as a means of transaction, participation in governance, and incentives for users. OM holders can participate in governance decisions, influence platform development, and access various decentralized financial services such as staking and lending.
Recent performance:
Current price: $7.71 (approximately €7.10)
24-hour variation: +38.02%
Market capitalization: $7.49 billion
Rank on CoinMarketCap: #22
Why is Altseason taking so long to start?
While Bitcoin experiences high volatility, the altcoin market struggles to trigger a true altseason at the beginning of 2025. Unlike previous bull cycles, the price increase of some altcoins does not coincide with an increase in the number of active users.
According to Nansen, this trend is concerning and could indicate a different altcoin season than previous ones. For example, Algorand had 1.31 million active wallets at its peak of $1.46 in 2021, compared to only 182,170 today. The same applies to Chainlink, where active addresses have fallen from 11,280 in May 2021 to 3,860 in 2024. Meanwhile, the market capitalization of altcoins (excluding the top 10) stagnates at $277 billion, far from the peak of $492 billion reached in 2021.
Another factor explaining this delay is the massive enthusiasm for memecoins, which are capturing a large part of the liquidity normally dedicated to more established altcoins. Historically, these ultra-speculative assets emerge at the end of a bull cycle, but in 2025, they are already dominating the early phases of the market, changing the usual dynamics of altseason.
This situation leaves room for two scenarios: either traditional altcoins will eventually catch up through wider adoption, or speculation on memecoins will slow the growth of more serious altcoins.
