hodler

6 May 2026, 21:07

Bitcoin, Ethereum 'Q-Day' Quantum Threat Could Arrive as Soon as 2030: Report

By the time Bitcoin and other networks are ready to defend themselves, it may already be too late, according to a new analysis.

6 May 2026, 21:00

Ethereum’s Next Major Upgrade Set To Reshape Its Scaling Performance – Here’s How

Ethereum and its ecosystem are known for introducing key upgrades that are aimed at improving the network’s efficiency. With its latest upgrade, which is currently gaining notable attention across the community, the leading network could see a major flip in its scaling narrative. New Levels Of Efficiency For The Ethereum Network As the market sees a fresh wave of adoption, a pivotal moment is approaching for Ethereum , which is centered around its next major upgrade. Anticipation is already building around this upgrade, dubbed Glamsterdam, as it begins to take shape. The proposed upgrade is anticipated to be crucial in furthering the network’s long-term strategy, with an emphasis on enhancing scalability, efficiency, and the general user experience. According to Ethereum Daily on X, the upcoming upgrade could be much bigger than what most people anticipate. Over the years, the primary scaling narrative of ETH has revolved around its layer 2 solutions. However, with the latest Glamsterdam upgrade, this narrative becomes bigger as the ETH network is improving the base layer in addition to growing around it. If this upgrade plays out well, Ethereum layer 1 will become faster, more powerful, and more sustainable, without the need to sacrifice decentralization. After a week-long core developer workshop in Svalbard, Ethereum contributors aligned on a bold target. This prediction states that the gas limit on the ETH network will reach $200 million following the inception of Glamsterdam, which is a key landmark in the network’s journey. What this means is that the Ethereum layer 1 solution might be gearing up for a major jump, with increased capacity. Meanwhile, the upgrade continues to protect decentralization, node accessibility, and network health in the long term. Transaction Count On ETH Hits A New Milestone Prior to the anticipated Glasterdam upgrade, activity on the Ethereum network is already booming, with transactions spiking to notable levels. Everstake, a leading global non-custodial staking infrastructure provider, has outlined a new milestone for ETH in terms of transaction counts carried out on the network. Data shows that the network closed April with an astonishing 72.83 million transactions, marking its highest monthly volume ever recorded. Such growth highlights increasing adoption and reinforces ETH’s position within the broader blockchain landscape. In Everstake’s view, adoption is not about hype, but rather, it is about the numbers on-chain. This massive milestone proves that the world is actively leveraging the Ethereum blockchain more than ever before. Given the wave of adoption, the network has become unstoppable, and conviction around it has never been stronger. ETH price was trading at the $2,370 zone after falling by nearly 1% in the last 24 hours, as shown on CoinMarketCap. While its price has moved downward, its trading volume has followed suit, recording an over 17% decline over the past day.

6 May 2026, 20:57

Ethereum accumulation wallets receive $592 million in one day

🚀 $592 million in ETH flowed into accumulation wallets in a single day. This record surge signals rising bullish sentiment in $ETH from both retail and institutional investors. 🐋 Key point: Whale wallets now hold more than 19.5 million ETH, reaching an all-time high. Continue Reading: Ethereum accumulation wallets receive $592 million in one day The post Ethereum accumulation wallets receive $592 million in one day appeared first on COINTURK NEWS .

6 May 2026, 19:15

Memecoins Became Top-Performing Crypto Sector in April

The COIN50 Index has soared by around 11.05% following a strong rally in Bitcoin and Ethereum, which boosted confidence among investors. U.S. spot Bitcoin ETFs have recorded around $1.7 billion in net inflows, the highest since October 2025, which is supported by strong institutional demand. In April, memecoins became the top performer after the overall sector soared by around 15.60% following a rally that started in March. Amid the bullish sentiment in the cryptocurrency market after Bitcoin (BTC) reclaimed its $81,000 mark this week, Coinbase released COIN50 Index data for April, where the overall crypto market witnessed strong performance over the last month. According to the official data shared by Coinbase Institutional, the COIN50 Index has jumped by approximately 11.05% in the last month. One of the major reasons behind this surge is the easing of geopolitical tensions in the Middle East after the U.S. and Iran returned to peace talks following a ceasefire in the biggest war of the decade. The upward momentum in the crypto market was witnessed after initial shocks earlier this year, when Bitcoin drastically plunged below $70,000. In April, Bitcoin price increased by around 16%, while Ethereum shot up by around 14%. Bitcoin Triggers Correlation in Altcoins, Ethereum Follows the Lead After the bear run at the beginning of this year, Bitcoin has entered in April month with around $67,000. By the end of April, BTC price soared by around $76,000. On the other hand, the second biggest cryptocurrency, Ethereum, has started the month at around $2,100 and wrapped up at around $3,300. After the rough start of 2026, in April, the crypto sector has witnessed strong institutional adoption. In the last month, Bitcoin ETFs have witnessed impressive steady inflows as U.S. spot Bitcoin ETFs recorded around $1.7 billion in net flows. These constant inflows in the biggest cryptocurrency have boosted investors’ confidence to some level and sparked bullish sentiment in the overall crypto market. At the time of writing, Bitcoin (BTC) price is trading at around $81,505 with a 16.58% gain in the last 30 days, according to CoinMarketCap . Apart from this, U.S. President Donald Trump declared a ceasefire in the intense war between the U.S. and Iran, which provided temporary relief in the global energy crisis. While the Strait of Hormuz is still closed for all commercial shipping, this ceasefire announcement has helped stop missile attacks on oil refineries in the Middle Eastern countries. On this ceasefire news, the crypto market has reacted quickly and helped Bitcoin (BTC) to soar above $70,000 in the first few days. According to the official tweet, the announcement of a ceasefire has “ helped foster a risk-on move across markets.” Memecoin Sector Dominates Crypto Sector with Strong Rally in April According to the Coinbase Institutional report, memecoins were the top-performing sector in April after they maintained the upward trajectory started in March. In the Coinbase 50 Index, the memecoin category has dominated after a 15.60% gain in one month. According to CoinMarketCap, the cumulative market capitalisation of memecoins is hovering around $39 after jumping by around 31% in the last 30 days. The daily trading volume also increased by around 106%. Dogecoin, the biggest memecoin, has soared over 20% in 30 days. DeFi Sector Took a Hit from the Kelp DAO Hack While the crypto sector was following a rebound trajectory, a very unfortunate event took place, which shook the entire DeFi sector for a while. On April 18, Kelp DAO suffered the biggest exploit of this year, where it lost around $292 million in rsETH after hackers exploited a vulnerability present in the cross-chain bridge with LayerZero. This hack has created panic in the entire DeFi market. People have started pulling out their money from the lending platforms. In a very short time, Aave has witnessed withdrawals of around $6 billion. The total value locked in DeFi has dropped by more than $13 billion in just two days. After this hack, many protocols and L2s have immediately stopped withdrawals to avoid “bad debts.” In order to resolve this catastrophic situation, Aave has immediately launched the DeFi United program to take quick action and absorb losses. Bittensor (TAO) Plunged After Biggest Subnet Departure Bittensor (TAO) has turned out to be the worst performer of April after the controversy around its biggest subnet operator. Last month, one of the biggest subnets, Convenant AI, announced its departure from the project. It slammed the project for how it is governing the project, calling it “decentralisation theatre.” “When a single actor can suspend a subnet’s emissions, override an owner’s authority over their own community spaces, publicly deprecate projects without process, and use token sales as a coercive mechanism to compel compliance, that is not decentralization. It is centralized control with decentralized branding,” stated in the official post from Covenant AI. The cryptocurrency fell more than 20% in a very short period of time, wiping out hundreds of millions in market capitalisation. Arbitrum and Algorand Became Top Gainers Despite all odds in the DeFi sector, Arbitrum and Algorand have managed to become top gainers of April after surging by around 37% and 27%, respectively. “ ARB, a leading Ethereum L2, benefited from ETH’s strong momentum in April, and ALGO shot higher after Google’s Quantum AI paper cited it as a real-world deployed example of post-quantum cryptography,” Coinbase Institutional stated. Also Read: Bitcoin Surges Past $81K While Altcoins Hint at a Comeback