Meet the Beam Chain

Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.

1. 📈 BlackRock’s Bitcoin ETF Hits Record Volume. IBIT smashes records as BTC pushes to higher highs.
2. 🐕 Dogecoin Moons with Elon Musk in the Limelight. DOGE is trading higher than it has in years, in part thanks to Elon Musk's rising influence.
3. 🔴 MicroStrategy Stock Hits ATH Thanks to Bitcoin Surge. Institutions may take a closer look at BTC, with MicroStrategy's stock on a major rebound.

📸 Daily Market Snapshot: Bitcoin is fighting to break through $90,000 as it continues its post-Trump surge. With record ETF volumes, more MicroStrategy buys, and signs of returning retail interest, bitcoin pumped to just shy of the milestone this week, resting at $89,956. How long until it pumps to $100K?

Prices as of 5pm ET

24hr

7d

	Crypto $2.96T	↘ 0.2%	↗ 28.7%
	BTC $88,650	↗ 0.6%	↗ 27.6%
	ETH $3,284	↘ 1.7%	↗ 35.5%
	HNT $5.94	↘ 7.8%	↗ 1.6%

🔵

New Token Rating: Helium’s price has been fairly stagnant since the announcement of its partnership with Telefonica. Could continued growth in Helium mobile users and strategic partnerships set Helium up for a breakout?

ANALYSIS

Meet the Ethereum Beam Chain

Bankless Author: Jack Inabinet

Ethereum’s underperformance over the past two years post-Merge has triggered plenty of community concern around potential narrative weakness stemming from the prioritization of a rollup-centric roadmap.

In hopes of presenting Ethereans at DevCon with a new technical north star to rally around, prolific Ethereum Researcher Justin Drake unveiled his proposal for a major rehaul of the Ethereum consensus layer, dubbed Beam Chain.

tl;dr Beam Chain is a proposed endgame solution for Ethereum’s consensus layer that will “SNARKify” the state transition function to:

• Enable 4-second slot times and single-slot finality
• Retain or improve upon current decentralization guarantees
• Eliminate block reorganization-based MEV opportunities
• Make the Ethereum Network quantum-resistant

Here’s everything you need to know about Justin Drake’s proposed Ethereum redesign 👇

Mantle kickstarts Season 1 of Methamorphosis. Building on the success of their Liquid Staking Token, mETH, Mantle LSP announces plans for a new Liquid Restaking Token, cmETH, along with a governance token, COOK. With Methamorphosis, participants can now farm Powder for future COOK tokens and position themselves early for upcoming cmETH release.