Ethereum Developers Find New Path For Smarter Transactions
Ethereum's EIP 8141 authors have found a new way to make transactions more programmable.
The proposal uses programmable contract calls called “frames” for transaction features. These frames could handle validation, gas payments and user operations.
The design could reduce the need for repeated transaction envelope changes. Ethereum developer Derek Chiang called the approach a “design breakthrough.”
The proposal still requires client implementation and changes to Ethereum consensus rules.
ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 just printed its largest revenue hour since inception...
Over $63K revenue generated in a single hour.
ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 re-rating is far from over.
This is why there are no dips. There is a fundamental misalignment with the ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 MC compared to their revenue.
Until this metric trades at a reasonable multiple price is only going to go higher with no meaningful dips.
Either revenue decline or token price keeps trending higher but with the numbers we are seeing $1 is inevitable.
Fair value at the moment for ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 based on $PUMP multiple and yesterdays revenue is $1.50 btw.
3x from current price.
It truly is top blasting season.