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What's Next for ETH?
Published on June 17, 2024
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.

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NEED TO KNOW
ZK Token Claims Launch
  1. 💤 ZKsync's ZK Token Goes Live. The ZK token is currently trading at a fully diluted value of $4.7 billion.
    Read more on Bankless.com
  2. 🥇 Tether Enters the Gold Game. The USDT giant releases a gold-backed stablecoin.
    Read more on Bankless.com
  3. 👋 SEC's Top Crypto Enforcer Quits. David Hirsch, head of the SEC’s Crypto Asset and Cyber Unit, steps down.
    Read more on Bankless.com
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MARKET VIBES
ZK's Rough Debut

📸 Daily Market Snapshot: Altcoin wreckage deepened today, even amid ZKsync's much-hyped token launch. ZK is trading at nearly half its pre-launch estimates, a disappointing debut that is also dressing down other tier-two L2 tokens like STRK.

Prices as of 5pm ET 24hr 7d
Crypto $2.41T ↘ 1.1% ↘ 4.7%
BTC $66,601 ↗ 0.2% ↘ 4.2%
ETH $3,520 ↘ 2.0% ↘ 4.0%
TON $7.74 ↘ 3.8% ↗ 8.0%

🔒
New Token Rating: The Open Network’s TON coin has been one of the top-performing tokens of 2024. Can it continue to shine as an out-performer?
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ANALYSIS
Unpacking Pectra: Ethereum's Next Upgrade
Bankless Author: William M. Peaster

Ethereum is always pushing forward.

What's coming next? Pectra is the next major Ethereum upgrade, and it’s set to be an even bigger deal than Dencun was. 

Pectra combines two previously planned upgrades: Prague (for the execution layer) and Electra (for the consensus layer).  By merging these specs, Pectra aims to bring several ambitious improvements to Ethereum, making it more flexible and optimized than ever before.

What's Pectra all about? We've got you covered in today's article 👇


FRIEND & SPONSOR: MANTLE

Mass adoption of token-governed technologies. With Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives.

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LATEST POD
New Binance CEO

It's been an insane year for Binance with a record fine, a record BNB pump, and CZ serving time in prison.

We caught up on all things Binance in this interview with the new CEO of Binance, Richard Teng, who talked about what's happened and what's ahead.

Citizens get access to Ryan & David's exclusive Debrief on the interview 👇

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GO BANKLESS
Don't Miss Another Airdrop!

Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop. Did you miss out again?

Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 100 other crypto protocols in Airdrop Hunter waiting for you.

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