Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

$48 Ethereum Holding Turns into Fortune After 10 Years

04/09/2025

Ukraine Has Lost At Least $10B to Crypto Crime: RUSI

04/09/2025

Chainlink Data Streams Enable Secure AAPL, NVDA, TSLA & MSTR Trading on Flex Exchange

04/09/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    $48 Ethereum Holding Turns into Fortune After 10 Years

    04/09/2025

    Tom Lee Destroys Ethereum Speed Myth, Wall Street Wants 100% Uptime

    04/09/2025

    Ethereum’s (ETH) Monthly Trading Volume Reaches Highest Level Since May 2021! Details Here

    04/09/2025

    Ethereum Is The Future of S&P 500: Former Coinbase’s Top Exec

    04/09/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    CARDS token surges 200%+ as Raydium brings its tokenized Pokemon cards onchain

    04/09/2025

    ‘NFTs Turned Out to be a Fad,’ Says Kevin O’Leary as He Buys $13M Collectible Card

    04/09/2025

    Gotta Catch ‘Em All? Tokenized Pokémon Cards Are Exploding Right Now

    04/09/2025

    Ethereum NFT Activity Plummets to Lowest Level Ever Recorded

    03/09/2025

    $48 Ethereum Holding Turns into Fortune After 10 Years

    04/09/2025

    Ukraine Has Lost At Least $10B to Crypto Crime: RUSI

    04/09/2025

    Chainlink Data Streams Enable Secure AAPL, NVDA, TSLA & MSTR Trading on Flex Exchange

    04/09/2025

    Lido Launches GG Vault for One-Click Access to DeFi Yields

    04/09/2025
  • Blockchain

    Chainlink Data Streams Enable Secure AAPL, NVDA, TSLA & MSTR Trading on Flex Exchange

    04/09/2025

    List of 20 Altcoins with the Highest Number of Active Users in the Last Week Published

    04/09/2025

    CDARI Joins Openverse to Advance Infrastructure for Digital Assets

    02/09/2025

    Zeebu Introduces Settlement Layer to Revolutionize Cross

    02/09/2025

    Arichain Joins OGAudit to Advance Blockchain Innovation and Wider Community Growth

    02/09/2025
  • DeFi

    Lido Launches GG Vault for One-Click Access to DeFi Yields

    04/09/2025

    Maple plants syrupUSDC on Arbitrum as onchain leverage gains traction

    04/09/2025

    MNDE rallies 10% as Marinade Finance approves 300M token burn

    04/09/2025

    10 DeFi Altcoins Developers Focused on the Most in the Last Month Have Been Revealed – There Are Big Surprises

    03/09/2025

    Blazpay Taps TriArch Protocol to Redefine DeFi and RWA with AI

    03/09/2025
  • Metaverse

    Metaverse developer The Sandbox lays off 50% of staff and pivots to meme coin launchpad

    28/08/2025

    Meta Breaks Up AI Lab as Part of Superintelligence Push

    20/08/2025

    The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

    07/08/2025

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025
  • Regulation

    Circle Touts $658 Million in Annual Revenue as Q2 Results Drop

    02/09/2025

    Tokenized Gold Will Eat Bitcoin’s Lunch

    02/09/2025

    South Korea’s retail investors ditched big tech stocks and shifted to ETH-related stocks

    02/09/2025

    Elon Musk Revisits His Historic Tweet, Which Exploded Market in 2021

    02/09/2025

    Hyperbeat Secures $5.2M Backing From ether.Fi, Electric Capital

    02/09/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Bitcoin Exchange Binance Releases New Listing Announcement! Here Are the Latest Altcoins Listed

    04/09/2025

    Binance Alpha Lists Moonchain Ahead Of September Launch

    03/09/2025

    Coinbase Announces Listing of the Highly Anticipated Altcoin!

    03/09/2025

    Coinbase Pushes Down Its XRP Stash 4x, but How Is BlackRock Related to This?

    03/09/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    You Can Earn Bitcoin By Playing These Free Games

    03/09/2025

    XRP Ledger Gets Its Game On as B3 Network Expands From Ethereum

    02/09/2025

    The Biggest Games Releasing in September 2025

    31/08/2025

    OKX Wallet Taps Shaga to Offer Secure Web3 AAA Gaming

    31/08/2025

    KuCoin targets 10% of Dogecoin mining capacity via new mining platform

    03/09/2025

    Trump-Linked American Bitcoin Soars 60%, Targets $2.1B Share Sale After Nasdaq Debut

    03/09/2025

    Bitcoin Miners Post August Haul Near July as Fees Tick Up

    03/09/2025

    Bitcoin Miners’ Stocks Hit New Highs in August, Thanks to AI: JP Morgan

    03/09/2025

    Ukraine Has Lost At Least $10B to Crypto Crime: RUSI

    04/09/2025

    Uniswap Foundation leads coalition urging Treasury Secretary Bessent to clarify legal framework for DAOs

    04/09/2025

    SEC and CFTC Make a Bullish Announcement for Cryptocurrencies

    04/09/2025

    Kevin Spacey Reveals Film Created With Alleged Crypto Ponzi Schemer

    04/09/2025

    $48 Ethereum Holding Turns into Fortune After 10 Years

    04/09/2025

    Ukraine Has Lost At Least $10B to Crypto Crime: RUSI

    04/09/2025

    Chainlink Data Streams Enable Secure AAPL, NVDA, TSLA & MSTR Trading on Flex Exchange

    04/09/2025

    Lido Launches GG Vault for One-Click Access to DeFi Yields

    04/09/2025
  • MarketCap
NBTC News
Home»Ethereum»Is The Ethereum Winter Over? L2 Exploding, ETH Futures ETF Launches
Ethereum

Is The Ethereum Winter Over? L2 Exploding, ETH Futures ETF Launches

NBTCBy NBTC29/09/2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


After sinking roughly 30% from 2023 highs, Ethereum appears to be bouncing off from the pits of the crypto winter. Looking at candlestick arrangements in the daily and weekly charts, the coin has primary support at around $1,500 and is firm, bouncing off with decent trading volume. 

At spot rates, ETH is up approximately 3% following positive developments sparked by the increasing adoption of its layer-2 scaling solution and the recent news that VanEck, a player managing billions of assets, is preparing to launch an Ethereum derivatives product.

ETH price on September 28| Source: ETHUSDT on Binance, TradingView

Ethereum Layer-2 Solutions Exploding

Taking to X on September 28, Alex Masmej, the founder of Showtime, believes that Ethereum’s layer-2 ecosystem has expanded to such an extent that it no “longer makes sense to build on other platforms.”

The development and deployment of Ethereum layer-2 solutions took center stage following network congestion, which forced gas fees to spike to record highs in the last bull run.

Developers have responded to the network co-founder Vitalik Buterin’s urging. The expert believes they are quickly constructing and deploying safe, universal platforms that have gained widespread popularity. 

Layer-2 platforms bundle transactions off-chain before confirming them on-chain, allowing for faster and more cost-effective operations while benefiting from the security of Ethereum. As of September 28, there were over 827,000 validators whose job is to confirm transactions and ensure that the network is secure, thanks in part to their geographic distribution. 

Ethereum validator count| Source: Beacon.in
Ethereum validator count| Source: Beacon.in

Most layer-2 solutions use optimistic rollups, including Arbitrum, Base, and OP Mainnet. However, Masmej also said that once ZK rollups, which utilize zero-knowledge proofs to validate transactions without revealing sensitive data, are available, it will end the scalability trilemma, further boosting the capabilities of layer-2 solutions.

In the founder’s assessment, high throughput options, including Solana, will be a hedge. At the same time, Cosmos, which drives blockchain interoperability, will act as a long-term source of inspiration. Meanwhile, Ethereum will continue to flourish as Layer-2 options gain traction.

Rising TVL And ETH Complex Products Launching

According to l2Beat data, popular solutions like Arbitrum and Base, which offer faster and cheaper processing environments while remaining coupled with Ethereum and enjoying the pioneer network’s fast-move advantage, have larger total value locked (TVL). As of September 28, layer-2 platforms have a TVL of over $10.6 billion, more than Solana’s market cap, which stood at $8 billion, according to CoinMarketCap. 

Layer-2 TVL| Source: L2Beat
Layer-2 TVL | Source: L2Beat

Beyond layer-2 adoption, ETH is being catalyzed by the news that VanEck, a global asset manager, is preparing to introduce its Ethereum futures exchange-traded fund (ETF). Specifically, the VanEck Ethereum Strategy ETF (EFUT) will invest in ETH futures contracts provided by exchanges approved by the Commodity Futures Trading Commission (CFTC).

Like the Bitcoin Futures ETF product, which is already being offered, the Ethereum derivative product will allow institutions to gain exposure, boosting liquidity.

Feature image from Canva, chart from TradingView


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

$48 Ethereum Holding Turns into Fortune After 10 Years

04/09/2025

Tom Lee Destroys Ethereum Speed Myth, Wall Street Wants 100% Uptime

04/09/2025

Ethereum’s (ETH) Monthly Trading Volume Reaches Highest Level Since May 2021! Details Here

04/09/2025

Ethereum Is The Future of S&P 500: Former Coinbase’s Top Exec

04/09/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

$48 Ethereum Holding Turns into Fortune After 10 Years

04/09/2025

Ukraine Has Lost At Least $10B to Crypto Crime: RUSI

04/09/2025

Chainlink Data Streams Enable Secure AAPL, NVDA, TSLA & MSTR Trading on Flex Exchange

04/09/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.