hodler

12 May 2026, 11:17

ETH drops below $2,300: can Glamsterdam news stop the selloff?

Ethereum is one of the worst performers among the top 10 cryptocurrencies by market cap as it has lost 2% of its value in the last 24 hours. The bearish performance comes despite some important developments within the Ethereum ecosystem. Ethereum developers ramp up work on Glamsterdam upgrade ETH is trading below $2,300 on Tuesday after losing 2% of its value over the past few hours. The bearish performance comes despite the Ethereum Foundation revealing on Monday that its developers made significant progress on Ethereum’s upcoming Glamsterdam hard fork during a recent interoperability event held in Svalbard, Norway. According to the Foundation’s latest Protocol Cluster update released Monday, development efforts accelerated through expanded testing initiatives and multiple live devnets as engineers continue preparing the network’s next major upgrade. Glamsterdam builds on the Fusaka upgrade introduced in December and combines changes across Ethereum’s consensus and execution layers. The upgrade is set to improve Layer 1 scalability, decentralization and overall network efficiency. One of the central features planned for Glamsterdam is Enshrined Proposer-Builder Separation (ePBS), a mechanism designed to improve the handling of maximal extractable value (MEV). The proposal would allow validators to outsource block construction more securely and efficiently while reducing centralization risks tied to MEV extraction. Developers are also introducing Block-Level Access Lists (BALs), which require more advanced state access declarations during block execution to improve efficiency and execution predictability. Furthermore, Ethereum contributors are continuing efforts to significantly increase the network’s gas throughput. The Foundation said Glamsterdam will support Ethereum’s long-term push toward a 200 million gas floor on the base layer, aided by optimizations tied to ePBS, BALs, and EIP-8037 state repricing. According to the Foundation, testing efforts intensified during the recent interoperability event in Norway. At the event, developers explored early prototypes tied to future upgrades, including Hegota and native account abstraction functionality. The Ethereum Foundation confirmed that several Glamsterdam devnets are now active as multi-client testing continues across the ecosystem. The organization added that the interoperability sessions helped improve coordination between client teams while accelerating work on execution-layer and consensus-layer compatibility. Ethereum price forecast The ETH/USD 4-hour chart remains bearish and efficient as Ether has underperformed over the past few days. At press time, ETH is trading at $2,284 and could drop below the previous week's low (PWL) of $2,270 if the selloff persists. The Relative Strength Index (RSI) is around 51, indicating a fading bullish momentum. The MACD lines are also approaching the neutral zone as the buyers slowly lose control. If the bullish trend resumes, immediate resistance would be seen at the 100-day EMA around $2,354, followed by the horizontal barrier at $2,388. A daily candle close above these levels would expose higher resistance at $2,746 and $3,412. However, if the selloff persists, initial support emerges at the 50-day EMA around $2,274. A break below this level would expose the support regions at $2,211 and $2,108, with deeper levels lining up at $1,909, $1,741 and $1,524. The post ETH drops below $2,300: can Glamsterdam news stop the selloff? appeared first on Invezz

11 May 2026, 18:45

Major Solana Upgrade Alpenglow Begins Testing Ahead of Full Rollout

Solana's Alpenglow consensus protocol upgrade is one step closer to being rolled out on the layer-1 network's mainnet.

11 May 2026, 15:54

Cardano demands fast move to node v11.0.1 for hard fork

🚨 Cardano urges all participants to upgrade to v11.0.1 before the Van Rossem hard fork. ADA is trading at $0.278 after a weekly gain of 11.88%. Continue Reading: Cardano demands fast move to node v11.0.1 for hard fork The post Cardano demands fast move to node v11.0.1 for hard fork appeared first on COINTURK NEWS .

11 May 2026, 13:50

Ronin Network to Transition to Ethereum Layer 2 via May Hard Fork

BitcoinWorld Ronin Network to Transition to Ethereum Layer 2 via May Hard Fork Ronin (RON), the blockchain network originally built for the Axie Infinity ecosystem, will undergo a hard fork on May 12 to transition into an Ethereum Layer 2 network. The upgrade, first reported by CoinDesk, aims to bolster security, improve tokenomics, and enhance scalability following a major bridge exploit in 2022 that resulted in losses exceeding $600 million. Technical Transition and Security Enhancements By adopting the OP Stack — the development framework behind Optimism — Ronin will effectively become an Ethereum Layer 2 rollup. This shift allows the network to inherit Ethereum’s robust security model while benefiting from higher transaction throughput and lower fees. The move addresses long-standing concerns about the network’s security architecture, which was severely tested during the 2022 hack when attackers drained funds from the Ronin bridge. New Staking Reward Model Following the hard fork, Ronin will implement a revised staking reward system. Instead of the previous uniform distribution model, rewards will be allocated based on validator contributions to network security and transaction validation. This change is designed to incentivize active participation and strengthen the network’s overall reliability. Implications for RON Token Holders For current RON token holders, the transition means their tokens will continue to function within the new Layer 2 environment, though the staking mechanics will change. The network has stated that no action is required from users to prepare for the hard fork, but validators and node operators will need to update their software to remain compatible. Broader Context and Industry Significance The move reflects a broader trend among gaming and application-specific blockchains to adopt Ethereum’s Layer 2 infrastructure. By aligning with the OP Stack, Ronin joins a growing list of networks leveraging Optimism’s technology stack, which now includes Base (Coinbase) and several other chains. This consolidation around shared infrastructure could improve interoperability and liquidity across the Ethereum ecosystem. Ronin’s transition also signals a maturing approach to blockchain security post-exploit. The 2022 hack, one of the largest in crypto history, prompted extensive security audits and architectural reviews. The shift to Ethereum Layer 2 represents a fundamental redesign rather than incremental fixes, addressing root causes rather than symptoms. Conclusion The May 12 hard fork marks a pivotal moment for Ronin, transitioning from a standalone sidechain to a fully integrated Ethereum Layer 2. While the technical details are complex, the core benefit for users is clear: enhanced security backed by Ethereum’s proven infrastructure, alongside improved tokenomics designed to reward active network participation. The upgrade will be closely watched as a case study in post-exploit blockchain recovery and migration strategies. FAQs Q1: Will the hard fork affect my RON tokens? No. RON tokens will continue to function after the hard fork. However, staking rewards will be calculated differently under the new contribution-based model. Q2: Do I need to do anything to prepare for the hard fork? Most users do not need to take any action. Validators and node operators must update their software to remain compatible with the new network. Q3: Why is Ronin moving to Ethereum Layer 2? The primary reasons are improved security (by leveraging Ethereum’s consensus), better scalability, and a more sustainable tokenomics model. The 2022 bridge hack exposed vulnerabilities in the original sidechain architecture. This post Ronin Network to Transition to Ethereum Layer 2 via May Hard Fork first appeared on BitcoinWorld .

10 May 2026, 13:45

Cardano Web3 Wallet Gets New Update Ahead of Major Hard Fork

Cardano web3 wallet receives key improvements ahead of hard fork.

10 May 2026, 08:54

STRC rebounds to $100 as quantum fears divide crypto leaders

Strategy’s STRC, the company’s perpetual preferred stock, finished Friday’s trading session back at $100 par. The rebound provides the firm with an opportunity to sell equity and fund additional Bitcoin purchases. STRC ended May 8 at $99.99 and reached $100 in extended trading, with liquidity at over $218 million. It took 10 trading sessions for the stock to recoup its dividend dip, consistent with its typical recovery cycle. *]:pointer-events-auto [content-visibility:auto] supports-[content-visibility:auto]:[contain-intrinsic-size:auto_100lvh] R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:7ca40e8b-242c-4566-ac49-ac6823d30926-1" data-turn-id-container="request-WEB:7ca40e8b-242c-4566-ac49-ac6823d30926-1" data-testid="conversation-turn-4" data-scroll-anchor="false" data-turn="assistant"> The rebound comes as renewed fears around quantum computing deepen divisions across the crypto industry. As recently reported by Cryptopolitan, Coinbase’s head of global investment research, David Duong, has warned that advances in quantum computing could pose long-term risks to Bitcoin’s security and sustainability. Michael Saylor suggests they could sell their BTC holdings STRC uses a dynamic dividend mechanism to protect its $100 face value. It hikes yields when prices drop, thereby stimulating demand. Earlier, Strategy’s executive chairman, Michael Saylor, shared that they could use Bitcoin sales to meet yield obligations. “We’ll probably sell some Bitcoin to fund a dividend just to inoculate the market,” he said during the firm’s Q1 earnings call Q&A session. Strategy President and CEO Phong Le also noted the firm would offload Bitcoin if it proved advantageous for shareholders. As a result, this week, more traders have been betting on the prediction platform Myriad that Strategy could sell its BTC. Currently, over 82% wager on an offload. At the moment, the company’s Bitcoin treasury currently totals more than 818,000 coins, worth over $65 billion. On the other hand, some believe Strategy could resume BTC purchases as early as Monday, May 11. However, data from the STRC ATM tracker shows the firm has only raised enough for a bit over 8 BTC. Nonetheless, the company could still drop dividend rates to offset excess STRC buying . Since March, STRC offerings have brought in $1.5 billion. That’s about roughly 33% of the stock’s $5 billion total value. Cumulatively, 80% of STRC shares are in retail hands compared to 40% for MSTR, according to Phong Le. Is Bitcoin safe in a post-quantum era? Meanwhile, there’s still panic in the industry over post-quantum security and migration. Over $3 trillion in digital value may be at risk of theft in four to seven years, per Project Eleven’s analysis. However, BitGo’s CEO , Mike Belshe, has dismissed Project Eleven’s research, arguing that the firm benefits from heightened fears around quantum computing and could be trying to cultivate those fears . Primarily, Project Eleven has centered its business model on developing infrastructure for the post-quantum era. According to its report , elliptic curve digital signatures, which protect most digital assets, are at risk from quantum computing. It also contended that the same public-key cryptography used by Bitcoin, Ether, and most stablecoins could be compromised. Additionally, it stated that using Shor’s algorithm, future quantum computers could derive a private key from a public one and forge signatures to drain wallets. Current encryption standards may fall to quantum attacks as early as 2030, or by 2033 at the latest, the report said. What’s more worrying is the report’s 5- to 10-year migration timeline, which complicates the shift toward quantum-resistant blockchains. For Bitcoin, the transition could be even trickier. The report cited that past upgrades lagged and most times divided the community. For instance, the Bitcoin SegWit upgrade was delayed for two years and led to a major, high-conflict chain split. Besides, an estimated 1.7 million BTC are stuck in older P2PK addresses that already exposed their public keys on-chain. Some are suspected to belong to Satoshi Nakamoto, while countless others are considered permanently lost. Moreover, as reported earlier by Cryptopolitan, Google Quantum AI estimated that up to 6.9 million BTC could be at risk from quantum computing. At the moment, the Bitcoin community remains divided over adopting quantum-resistant signatures, with many debates centered on potential hard forks that could undermine confidence in the network. Some proposals point to Lamport signatures or BIP-361 as migration options. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .