Ethereum could face big problems if it doesn’t grow fast enough. Dankrad Feist, a researcher at the Ethereum Foundation, warns that the network might become less important in the next 5 to 10 years unless something changes. To solve this, Feist has suggested a bold plan to help Ethereum scale. Let’s see what it is?
The Proposal: A 100x Scaling Plan
Dankrad Feist recently proposed EIP-7938, an upgrade that would increase Ethereum’s gas limit, the part of the system that controls how many transactions can fit in each block.
His goal is to boost Ethereum’s capacity by 100 times over the next four years, which would allow for far more activity on the network. Though the idea is unusual, Feist believes bold steps are necessary to save Ethereum’s future.
Why Scaling Is Urgent?
Feist explains that Ethereum should be the heart of crypto’s economy. But if activity spreads too much across various Layer-2 solutions, blockchains built on top of Ethereum, it could weaken Ethereum’s position and cause it to lose value to other ecosystems.
He warns that without major changes, Ethereum could end up like a background player while other blockchains take the lead.
Others Are Worried Too
Feist isn’t the only one raising concerns. Cardano founder Charles Hoskinson recently said Ethereum could face the same fate as Myspace, a social networking website & Blackberry, the phone company that lost out to Apple and faded away. He blames “parasitic” Layer-2s for weakening Ethereum’s base.
On a more hopeful note, Matt Hougan from Bitwise says Ethereum has at least “stopped digging” itself deeper into trouble. But whether it can climb out of the hole remains a big question.
Can Ethereum Grow Without Losing Its Core Values?
Feist is confident that Ethereum can scale up without compromising important features like security, censorship resistance, and verifiability. In other words, he believes Ethereum can grow without giving up what makes it special.
Ethereum has come a long way, but if it wants to lead the next generation of crypto, it may need to take some bold and risky steps, starting now.
President Donald Trump will address Blockworks’ Digital Asset Summit (DAS) in New York City on March 20. This marks the first time a sitting U.S. president has spoken at a Bitcoin and cryptocurrency conference. His participation underscores the growing role of digital assets in financial policy and government strategy.
The event follows his executive order establishing the U.S. Strategic Bitcoin Reserve, positioning BTC as a key asset in the country’s financial framework.
Donald Trump Speech at DAS and Its Context
Donald Trump’s presence at the Digital Asset Summit comes amid increasing government interest in Bitcoin and digital currencies. His administration has taken steps to integrate Bitcoin into national reserves, emphasizing its role in the country’s long-term financial strategy.
The U.S. president previously addressed a Bitcoin conference in Nashville during his campaign. Now, the pro-crypto President will speak at a crypto conference for the first time.
Discussions at the event will focus on Bitcoin’s adoption among institutions, regulatory developments, and the future of crypto markets. Trump’s speech will touch on the next steps in his administration’s Bitcoin strategy.
This development comes just a few hours after Ripple CEO Brad Garlinghouse revealed that XRP is expected to be part of the US Digital Asset Stockpile. He cited President Trump’s previous mention of the asset on Truth Social.
The U.S. Strategic Bitcoin Reserve Initiative
Earlier this month, President Trump signed an executive order establishing the U.S. Strategic Bitcoin Reserve, marking a new phase in the country’s approach to digital assets. The initiative aims to accumulate Bitcoin as a national reserve asset, drawing comparisons to traditional gold reserves.
Bo Hines, Executive Director on Digital Assets for the Trump administration, stated that the government’s Bitcoin acquisition strategy is budget-neutral. He emphasized that this approach ensures it does not affect other financial priorities.
Hines has emphasized that Bitcoin accumulation is part of a broader strategy to strengthen the nation’s financial resilience. Lawmakers have already proposed measures to expand the reserve, with Senator Cynthia Lummis and Congressman Nick Begich suggesting a plan to acquire 1 million BTC over the next five years. The proposal is currently under review, with legislative discussions expected to continue in the coming months.
More so, the Executive Director of the Presidential Working Group on Digital Assets revealed plans for stablecoin legislation to be finalized within two months. Bo Hines expects Senator Bill Hagerty’s GENIUS Act to be enacted, with President Trump potentially signing it into law.
Industry Leaders and Lawmakers at DAS
The summit will feature key figures in the cryptocurrency and financial sectors, in addition to Trump’s address. Michael Saylor, a Bitcoin advocate, will deliver a keynote speech and participate in a discussion with BTC historian Pete Rizzo.
The event will also host Bloomberg ETF analyst James Seyffart, who will moderate a panel featuring BlackRock’s Head of Digital Assets, Robbie Mitchnick, and Nasdaq’s Head of U.S. Equities & Exchange-Traded Products, Giang Bui.
President Trump’s participation in the Digital Asset Summit is changing how people view digital assets.
Solana price action remains firm near $150, backed by increasing institutional interest and strategic investments positioning SOL for a major breakout.
Solana (SOL) Holds $150 Support as Bulls Eye More Upside
Solana entered the final weekend of April trading in a tight range but managed to maintain its critical $150 support level.
As of Sunday, April 27, SOL traded between $145.97 and $150.04, before settling at $149.98, at press time with a mild 0.6% daily gain.
Solana price action | Source: Coingecko
According to Coingecko, SOL price currently posts 9.9% gain over the last seven days and a 14% rally over the past month, outperforming both Bitcoin and Ethereum on the weekly timeframe.
Market capitalization currently stands near $68 billion, securing Solana’s position as the sixth-largest cryptocurrency by total market value.
Trading volumes have remained steady above $2.2 billion, suggesting steady demand despite cautious market sentiment at the weekend.
Solana’s year-to-date gain sits at 15.8%, bolstered by a combination of faster network adoption, positive SOL ETF speculation, and the rapid expansion of decentralized finance (DeFi) projects on its blockchain.
The sustained defense of the $150 level signals that bulls are preparing for another leg higher. A clean breakout above $155 could open the door toward new peaks above $250 as Q2 2025 unflods.
DeFi Development Company Files $1 Billion Shelf Offering to Fuel Solana Investments
Even as Solana struggles to firmly clear the $150 resistance zone, fundamental news flow continues to paint a highly bullish picture.
On Friday, the DeFi Development Company (formerly Janover), trading under the ticker JNVR, filed a $1 billion shelf offering with the U.S. Securities and Exchange Commission.
The move allows the company to issue equity, debt, or other instruments over time to fund strategic investments, notably including Solana asset accumulation and validator expansion.
Shelf offerings allow companies to register large amounts of securities upfront without selling them all immediately, giving DeFi Development Company flexibility to scale its Solana exposure when market conditions are favorable.
“We may sell any combination of these securities in one or more offerings, at prices and on terms to be determined prior to the time of the offering, with an aggregate offering price of up to $1,000,000,000,”
DeFi Development Company (formerly Janover)
DeFi Development Company’s (DDC) transition toward a Solana-focused investment vehicle mirrors Michael Saylor’s Bitcoin strategy but with important differences.
Beyond simply acquiring SOL, DDC and peers like Canada-based Sol Strategies and Upexi are also spinning up validators, actively staking their holdings, and turning Solana into a yield-generating treasury asset.
This move could significantly tighten SOL supply available to be traded on exchanges and amplifying price rallies during periods of high market demand.
As of April 27, the DDC already holds around $34.4 million worth of SOL and intends to expand its position aggressively once SEC approval is granted. Shares of Janover (JNVR) were up nearly 5% on the news, signaling positive market reception to the plan.
As more public companies embrace Solana’s staking protocol, SOL’s price outlook for Q2 2025 appears increasingly skewed positive.
Solana price appears poised for further gains after breaking out of a falling wedge formation. Following 12% gains last week, Solana’s the technical indicator highlight a major upside target near $264.
After consolidating below the $150 for the better part of the last 48 hours, Solana price forecast today shows growing bullish momentum.
Solana Price Forecast
As seen in the chart below, SOL is holding steady above its 50-day simple moving average (SMA) at $129.89 and closing in on the 100-day SMA at $161.94. The resilience above $145 suggests a supportive base is forming even as market volumes decline.
The BBP oscillator, printing at 10.58, reflects ongoing bullish energy, although the recent moderation hints at a brief pause before further advances.
Should buyers overcome the $161 resistance, the falling wedge pattern confirms that a potential rally toward the $264 territory. On the downside, failure to defend the $140 support, could invite a retest of prior support near $130.
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