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Base fortifies its dominant position among Ethereum layer-2 peers. Base TVL and DEX volume spike as daily transactions surge above 10 million TXs A network performance recap as the markets recover. Why these observations are essential highlight where most of the liquidity is passing through.
Share link:In this post: Ether jumped 25% this week, its biggest gain since May 2021. Bitcoin held above $100,000 and ended its fourth straight week in the green. Solana rose 14.3% this week after a two-day surge of 16%.
ETH breaks $1,860 resistance, eyes $3,000 and $4,000 as bullish momentum builds. On-chain data shows $21.35B in ETH open interest, signaling strong market demand. ETH derivatives show bullish bias, with long/short ratios above 2.0 on major exchanges.
Smart money holders of PEPE dropped from 32 to 17, reducing holdings by over 1.4 trillion tokens since June 2024. PEPE price fell 70% from 2025 high. Now trading near $0.00001231 with reduced volatility and cautious buying, growing by over 15% in a day. Whale transactions surged to 128 on May 6, signaling renewed high-value activity amid market stabilization.
SHIB price surged 11% to $0.00001400 as whale inflows hit 6.42T tokens in a 2,952% spike on May 7. Shiba Inu’s open interest climbed 20.72% to $182.67M while trading volume jumped 81.79% in 24 hours. SHIB burn rate soared 4,834% with 15.8M tokens destroyed, aiming to cut its 589T circulating supply.
- 17:47White House: Trump Considering Lawsuit Against Powell Over Federal Reserve Building RenovationAccording to a report by Jinse Finance, White House spokesperson Levitt stated on Tuesday that U.S. President Trump is considering suing Federal Reserve Chairman Powell over management issues related to the renovation of the Federal Reserve’s Washington headquarters. Earlier, President Trump mentioned this potential action in a social media post, further intensifying his ongoing pressure on Powell to cut interest rates.
- 17:31ETHZilla surges 165% as market cap rises to $53 millionAccording to ChainCatcher, data from Rockflow shows that the share price of ETHZilla, a new US-listed ETH treasury company, has surged by 165%, with its market capitalization rising to $53 million. Earlier reports indicated that billionaire Peter Thiel has once again invested in Ethereum. Peter Thiel and his investment team acquired a 7.5% stake in the Ethereum treasury reserve company ETHZilla (formerly 180 Life Sciences Corp.).
- 17:02Odin.fun Announces Suspension of Trading Amid Suspected VulnerabilityAccording to ChainCatcher, community members have reported that Odin.fun has announced a suspension of trading to review recent platform withdrawal activities and will update users on the progress of the investigation. Community members also reported a suspected vulnerability on the Odin.fun platform, with approximately 60 BTC being transferred abnormally.