Lido founder says there's 'no actual' Second Foundation amid Ethereum Foundation backlash

Odaily Planet Daily News: According to official announcements, Binance will adjust the minimum price change unit (TickSize) of 16 spot trading pairs, including ALICE/USDT, BCH/BNB, ORDI series, etc., at 05:00 UTC on May 16, 2025, to enhance market liquidity and trading experience. Existing orders are not affected, and API users can obtain the latest parameters through GET/API/v3/exchangeInfo. (This news is generated with AI assistance)

According to the popularity ranking, ETH's popularity has increased by 2.38 million followers compared to yesterday, ranking first. The popularity ranking is as follows: ① ETH （$2311.92，19.12%） ② S （$0.5830，7.35%） ③ KAITO （$1.56，12.23%） ④ SXT （$0.1438） ⑤ SOL （$164.78，7.87%） The purchasing power of ETH's main funds is weak, with a net inflow of $487 million within 24 hours and a transaction volume of $120.294 billion within 24 hours, of which the main funds have a net outflow of $276 million.

According to CoinDesk, the Bitcoin options market shows an increase in institutional confidence, with Deribit exchange data showing that institutions have increased their bullish bets through BTC options in the past week. Traders concentrated on buying call options with an exercise price of $110000 expiring in June/July, and established a calendar spread combination of $140000 call options expiring in September and $170000 call options expiring in December, suggesting that the market expects BTC prices to further rise to $140000. According to CoinDesk data, BTC broke through $104000 on May 9th, rebounding nearly 40% from its low point in early April, mainly driven by favorable trade agreements between the UK and the US and continued inflows of funds from spot ETFs. Ethereum performed strongly during the same period, with ETH prices rising 30% to $2411 within two days. Demand for Deribit's $2400 call option expiring in June and long-term price differential contracts betting on the $2600-2800 price range surged. Deribit pointed out that institutional position adjustments indicate that the market's bullish sentiment towards mainstream cryptocurrency assets is strengthening.

According to Cointelegraph, the latest research by cryptocurrency bank Sygnum indicates that Solana has not yet shown sufficient evidence to replace Ethereum as the preferred blockchain for institutions. The report shows that Solana's revenue stability has been questioned due to its high dependence on Meme coin trading. In contrast, Ethereum still has significant advantages in terms of security, stability, and institutional recognition. The data shows that the actual revenue scale of Ethereum is 2-2.5 times that of Solana. It is worth noting that the transaction fees generated by the Solana network mainly flow to verification nodes and have not been effectively converted into an increase in the value of SOL tokens. In March of this year, the Solana community rejected a proposal to lower inflation rates, reflecting its conservative attitude towards token economy reform. The report also points out that if Solana can make breakthroughs in more stable revenue areas such as stablecoins and tokenization, there is still an opportunity to catch up with Ethereum. At present, Ethereum maintains a leading position in institutional application scenarios, which have received widespread support from traditional financial institutions.

OKX-ETH/USDT is currently trading at $2452.43, with a 24-hour increase of 26.88%. Please be aware of market fluctuations.