Ethereum marks 10th anniversary with “Lean” roadmap for post-quantum security and long-term scalability

Daily top performer — Mantle Network (MNT)



The S&P 500 rose 1.47% on rate cut hopes after weak jobs data, with focus now on upcoming earnings. Gold rose 0.39% to $3,375 as weak US jobs data and falling Treasury yields boosted expectations of a Fed rate cut in September, supporting safe-haven demand. The Coindesk Indices, which tracks the broader crypto market, rose 1.99%, with Bitcoin and Ether up 0.39% and 6.00%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

Today’s top performer is MNT, up 15.8% after Joshua Cheong highlighted Mantle’s security-first approach at the GMVN fireside chat.

Mantle Network (MNT), launched in July 2023, is a modular Ethereum Layer 2 that offers scalable, secure transaction processing. As the largest modular L2 per L2beat, it plans to integrate ZK rollups and EigenDA, making it well-suited for DeFi and financial applications. At GMVN, Mantle Network’s Head of Product Joshua Cheong emphasized the chain’s focus on combining Ethereum-grade security with L2 scalability. Key points included continuous upgrades, compliance-ready modular design, layered protections like multi-sig and audits, and building user protection into the protocol’s core—reinforcing that security is the foundation, not a feature.



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Talk of the town

To mark Ethereum’s 10th anniversary, the Ethereum Foundation introduced “Lean Ethereum,” a long-term roadmap focused on resilience, scalability, and simplicity. Evolving from the former “Beam Chain” idea, the plan includes “fort mode” for post-quantum security and “beast mode” for high throughput. With proposals like lean consensus and SNARK-native execution, Lean Ethereum aims to prepare the network for the next century while reinforcing its position as a secure and scalable foundation for global finance.



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Bitcoin spot ETF flows





Yesterday, BTC spot ETFs saw a net outflow of $31.3M, with $21.4M from non-GBTC funds and $9.9M from GBTC.



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Airdrop to watch

Recall has launched Recall Predict, a decentralized platform that lets users forecast AI model performance and earn rewards. By making predictions, submitting new benchmarks, and contributing evaluations, users earn Fragments—points that may play a key role in a future Recall airdrop. The platform is community-powered and aims to benchmark AI models more transparently and collaboratively.