Foresight News reports that Wei-Hao Wang, Co-Executive Director of the Ethereum Foundation, stated at Consensus 2026 that currently no other Layer 1 blockchain can compete with Ethereum in terms of technology and monetary value.
When discussing Ethereum’s core value proposition for development teams, he pointed out that resistance to censorship and privacy protection tools are becoming increasingly important. This not only aligns with crypto punk values but also meets the growing demand for on-chain privacy from institutions and ordinary users. Additionally, he emphasized that application layer innovation is another major focus, especially in the currently underserved “identity” sector. ENS has laid the foundation for user identity creation, and future efforts should explore universal identity solutions with privacy features to cover various application scenarios such as ticket sales, governance use cases, and social layers.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC and ETH prices rise but funding rates turn bearish, market shows divergence signal
On March 17th, Bitcoin reported at $75,480 with a 24-hour gain of 3.67%; Ethereum reported at $2,353.4 with a gain of 7.68%. However, funding rates indicate a bearish market trend, with BTC and ETH funding rates already below 0.005% on multiple platforms.
GateNews16m ago
An address purchased 2553.18 ETH on-chain over the past 7 hours, valued at $6.002 million.
Gate News reported that on March 17, according to on-chain analyst @ai_9684xtpa monitoring, address 0xd23...e52d9 opened its first position in ETH. Over the past 7 hours, it purchased 2553.18 ETH on-chain at an average price of $2350.82 USD, valued at $6.002 million USD. Tracing the fund source, it was USDT withdrawn from a certain CEX one month ago.
GateNews19m ago
Bitmine Acquires 60,999 ETH, Holdings Reach 4.596 Million Tokens Worth $10 Billion
Bitmine Immersion Technologies (NYSE American: BMNR) announced on March 16, 2026, that its combined crypto, cash, and "moonshot" investments have reached $11.5 billion, including 4.595 million ETH valued at approximately $10 billion, 196 Bitcoin, $283 million in strategic equity stakes, and $1.2 billion in cash.
CryptopulseElite25m ago
A whale reduced positions of 12,000 ETH and 330 cbBTC last night, with a loss of $19.66 million.
According to analyst Ember's monitoring, a certain whale institution reduced positions of 12,000 ETH and 330 cbBTC on March 16, incurring a loss of $19.66 million. The institution currently still holds $603 million worth of ETH and BTC.
GateNews35m ago
VersaBank Successfully Completes Pilot RBTDs With Ethereum, Algorand, And Stellar
VersaBank disclosed that it has already successfully concluded the pilot of its deposit tokens issued on Ethereum, Stellar, and Algorand.
The institution’s RBTDs are interest-bearing and awaiting regulatory confirmation for federal deposit insurance.
Publicly traded VersaBank (VBNK) revealed that
Blockzeit40m ago
Three wallets withdrew 16,300 ETH from a certain CEX in the past 10 hours, worth $37.18 million
Gate News report: On March 17, according to Onchain Lens monitoring, three wallets withdrew a total of 16,350 ETH from a certain CEX in the past 10 hours, valued at approximately $37.18 million.
GateNews47m ago
