According to Odaily Planet Daily, Curve community member phil_00Llama recently launched a proposal to "halt all further Layer 2 development." He suggested that already deployed L2 chains remain in place, but that further development be discontinued. He argues that L2 chains require the same level of maintenance effort as the Ethereum mainnet, but with meager returns (currently, all L2 chains generate approximately $1,500 in combined daily revenue). He also argues that L2 technology evolves rapidly and is short-lived, leading to significant operational and maintenance pressures. He believes that development teams can focus their efforts on more valuable areas. So far, only one community member has commented on the proposal: "This proposal is so radical it deserves more thorough explanation."

According to SoSoValue data, the crypto market rebounded after a sustained decline, with all sectors generally seeing gains of approximately 2% to 6%. The PayFi sector led the gains with a 24-hour gain of 6.58%. Within the sector, XRP, Telcoin (TEL), and Stellar (XLM) rose by 6.86%, 9.67%, and 10.94%, respectively. Meanwhile, Ethereum (ETH) rose by 3.23%, breaking through $3,500. Bitcoin (BTC) rose by 1.22%, rebounding to $114,000.

Notably, MAG 7.ssi rose 2.73%, MEME.ssi rose 4.78%, and DEFI.ssi rose 5.54%.

Other sectors with outstanding performance include: the NFT sector rose 4.94% in 24 hours, among which Pudgy Penguins (PENGU) rose 8.49%; the DeFi sector rose 4.64%, Ethena (ENA) rose sharply by 15.07%, and Jupiter (JUP) rose 6.30%; the RWA sector rose 4.63%, Pendle (PENDLE) and Keeta (KTA) rose by 6.46% and 13.08% respectively.

In other sectors, the Meme sector rose 3.69%. Within the sector, Pump.fun (PUMP) and Bonk (BONK) rose 7.08% and 7.60% respectively; the Layer 2 sector rose 3.32%, the Layer 1 sector rose 2.42%, and Hedera (HBAR) rose 7.02%; the CeFi sector rose 1.80%, and Cronos (CRO) rose 3.44%.

The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiPayFi, ssiNFT, and ssiDeFi indices rose by 6.92%, 6.71%, and 5.57%, respectively.

According to SoSoValue data from Odaily Planet Daily, with tariff negotiations looming and macro market uncertainties increasing, crypto market sentiment has been depressed, with all sectors suffering losses, ranging from 2% to 6%. Only the SocialFi sector bucked the trend, rising 1.65%. Within the sector, Toncoin (TON) saw three consecutive days of gains, with a 24-hour increase of 2.39%. Furthermore, Bitcoin (BTC) fell 2.07%, falling below $116,000, and Ethereum (ETH) dropped 3.20%, falling to $3,700.

In other sectors, the CeFi sector fell 0.60% in the past 24 hours. Within the sector, MX was relatively strong, rising 1.86%; the Layer 1 sector fell 2.50%, Solana (SOL) and Cardano (ADA) fell 4.59% and 4.74% respectively; the PayFi sector fell 3.51%, and Safe (SAFE) fell 7.03%; the DeFi sector fell 5.17%, and Saros (SAROS) rose 3.94% during the session; the Meme sector fell 5.19%, but MemeCore (M) rose sharply by 17.75%; the Layer 2 sector fell 5.57%.

At the same time, the crypto sector index, which reflects the historical market trends of the sector, showed that ssiSocialFi rose 2.26% in 24 hours, while ssiCeFi and ssiLayer 1 indices fell 0.58% and 2.88% respectively.

According to SoSoValue data, various sectors of the crypto market saw gains. Ethereum (ETH) rose 1.43%, returning above $3,800. The SocialFi sector saw two consecutive days of gains, with a 24-hour increase of 1.11%. Toncoin (TON) also saw a further 2.17% increase. Furthermore, Bitcoin (BTC) rose 0.28% to $118,000.

Other sectors with outstanding performance include: DeFi sector rose 0.30% in 24 hours. Within the sector, Curve DAO (CRV) and Ethena (ENA) rose 4.85% and 8.16% respectively; PayFi sector rose 0.04%, Litecoin (LTC) and Bitcoin Cash (BCH) rose 1.40% and 2.74% respectively.

In addition, the CeFi sector fell 1.17%, Hyperliquid (HYPE) fell 2.25%; the Meme sector fell 1.17%, Pump.fun (PUMP) was relatively strong, rising 1.81%; the Layer 2 sector fell 1.22%, Zora (ZORA) fell 13.28%; the Layer 1 sector fell 1.27%, TRON (TRX) fell 3.68%; the NFT sector fell 3.35%, Pudgy Penguins (PENGU) fell again 5.30%.

The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiSocialFi, ssiDeFi, and ssiRWA indices rose by 1.23%, 0.84%, and 0.35% respectively in the 24 hours.

According to official news from Odaily Planet Daily, on the occasion of Ethereum's 10th anniversary, OKX CEO Star published a blog post titled "Ethereum's 10th Anniversary: My Personal Tribute," paying tribute to Ethereum and the revolution it has brought. He stated that since its founding in 2013, OKX Group has been fortunate to grow alongside the Ethereum community over the past 12 years, witnessing and participating in this vision-driven and technology-driven blockchain revolution. Going forward, OKX will continue to be committed to building and providing world-class products, serving over 100 million users worldwide.

In a blog post, Star recounted his initial encounter with Vitalik, admitting that he underestimated Ethereum's vision and expressing his deep appreciation for its ability to reshape finance and trust. He emphasized that OKX has always upheld the spirit of openness and transparency championed by Ethereum, continuously empowering the ecosystem through the launch of ZK Proof of Reserves, support for EIP-7702, and the construction of X Layer, Ethereum's Layer 2 network. Star stated that Ethereum has become the infrastructure of the new internet, and over the next decade, OKX will remain committed to working with developers to build a truly decentralized and global on-chain future. OKX also reportedly launched a 50% discount on ETH purchases to celebrate Ethereum's tenth anniversary.