Eth

Buterin called for implementing incentives for layer 2 networks to allocate a portion of their fees to ETH using mechanisms like burning fees and staking.

The SEC could consider approving staking for ETFs, boosting sentiment and prices for the second-largest cryptocurrency, market observers said.

The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.

Bitcoin (BTC) just hit a new all-time high, but Ethereum’s ether (ETH) is the bigger winner.