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Ethereum network gas fee drops to 21 gwei

According to Etherscan data, the current gas fee on the Ethereum network has dropped to 21 gwei.

What do I think about network states?

On July 4, Balaji Srinivasan released the first version of his long-awaited new book describing his vision for "network states": communities organized around a particular vision of how to run their own society that start off as online clubs, but then build up more and more of a presence over time and eventually become large enough to seek political autonomy or even diplomatic recognition.
What do I think about network states?

Dencun Upgrade Overview

This is the first article of a series of educational posts regarding all things Dencun, EIP4844 and lower tx fees on Ethereum L2s.Here, we will discuss the Dencun Upgrade at a high level, explaining all the changes it’ll bring to Ethereum, both on its Execution Layer and its Consensus Layer.
Dencun Upgrade Overview

The Ethereum Foundation Grant Provider address transfers 100 ETH to the associated address, sells it for 250,000 DAI and transfers it back to the foundation address

According to on-chain analyst @ai_9684xtpa's monitoring data, 5 minutes ago, the Ethereum Foundation Grant Provider address transferred 100 ETH to the associated address 0xd77...6c1f4, and immediately sold it for 250,000 DAI and transferred it back to the Foundation address.

About US$1.6 billion of pledged ETH was redeemed last week, the largest amount since Shanghai’s upgrade

Data released by 21.co on-chain data and research analyst Tom Wan showed that last week saw the largest-scale ETH redemption since the Shanghai upgrade, with 656,200 ETH (approximately $1.6 billion) being redeemed, with 85% of redemptions led by Figment and Celsius.

Based Rollups can reward Proposers first come first serve

Based rollups don’t need a complicated auctioning system to reward proposers if they are willing to sacrifice L2 MEV rewards
Based Rollups can reward Proposers first come first serve

The Ethereum Foundation transferred 1,333 ETH, or used it for ecological funding

According to @ai_9684xtpa monitoring, the Ethereum Foundation transferred 1333 ETH worth 3.39 million US dollars to 5 addresses half an hour ago, which may be used for ecological funding.

In 2024, Crypto Summer Is Coming, and This One Will Be Different

Expect greater stability on Ethereum, the convergence of CBDCs and stablecoins, and progress on industrial applications of blockchain tech, says EY’s Paul Brody.
In 2024, Crypto Summer Is Coming, and This One Will Be Different

14699 ETH transferred from unknown wallet to Coinbase

According to Whale Alert monitoring, 14,699 ETH (about $37,580,713) was transferred from an unknown wallet to Coinbase.

Ethereum briefly fell below $2,600, with 24-hour gains narrowing to 7%

According to OKX market data on January 11th, Ethereum briefly fell below $2,600 and is currently priced at $2,605 with a 24-hour gain narrowing to 7%.