Bitmine staked another 159,728 ETH worth approximately $390.6 million, bringing its total staked position to 5.23 million ETH. Meanwhile, Ethereum has broken above a descending trendline, with $2,410–$2,420 serving as key support. Traders are watching resistance at $2,470–$2,490 and $2,535–$2,545 for confirmation of a recovery.

SharpLink deployed $400M in ETH via Lido and Ether.fi restaking to generate yield, custodied by Anchorage Digital. With 888,938 ETH held and 27,945 ETH earned from staking, the move signals institutional shift toward productive, yield-generating Ethereum treasuries for public markets and beyond.

Ethereum led weekly euro stablecoin growth with a $9.1 million increase in market capitalization, according to Token Terminal, while Arc and Arbitrum One also recorded gains. Meanwhile, ETH trades near $2,388, with $2,320 support and $2,415 resistance shaping its short-term outlook and a potential recovery toward $2,500.

Vitalik Buterin’s EIP-8288 proposes replacing Ethereum precompiles with client-side STARKs aggregated recursively, cutting quantum-safe transaction costs from 10M gas to tens of thousands while respecting the 8 MB/s calldata limit. It enables permissionless cryptography, faster innovation, and scalable privacy without protocol changes.