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Scroll co-founder Ye Zhang criticized proposals to impose fees on Ethereum rollups, arguing they would harm long-term growth for short-term revenue. Ye Zhang, co-founder of the layer-2 smart contract platform Scroll, slammed the idea of charging fees on Ethereum rollups, calling it “one of the most toxic ideas for Ethereum’s future.” In a series of posts on X, Zhang argued that this approach would sacrifice “long-term scalability and ecosystem growth for short-term revenue,” adding that measuring ETH’s ( ETH ) value by Ethereum’s revenue “misses the point.” According to Zhang, Ethereum’s strength is in being “the hub asset across thousands of rollup ecosystems,” not in collecting fees from them. Data from DefiLlama shows that after the EIP-4488 upgrade, which boosted layer-2 scalability, Ethereum’s fees dropped from tens of millions per day to around $570,000 by late March. Zhang noted that while Solana’s network is “vertically integrated” with its Solana ( SOL ) token as its core asset, ETH is “already the dominant asset on Base, Arbitrum, Optimism, zkSync, Scroll — and even where it’s not the gas token (like StarkNet).” The Scroll co-founder also warned that charging fees on rollups could backfire. He said it might push them toward alternative data availability solutions. That, in turn, could weaken Ethereum’s position in the ecosystem. Zhang added that if Ethereum gets “greedy” and starts taxing layer-2s, the network would lose “relevance while still failing to scale.” Instead of extracting value from rollups, Zhang suggested Ethereum should focus on scaling and ship upgrades faster. And Zhang isn’t the only one who seems to have concerns about Ethereum’s pace. As crypto.news reported earlier, former Ethereum Foundation Solidity expert Harikrishnan Mulackal suggested that internal confusion may have led to frequent disagreements, with key updates reportedly facing repeated delays in the Ethereum development community.

🚨 X Empire (XEMP) Market Update & Price Prediction 🚨 📉 X Empire (XEMP) is in a correction phase, currently trading around $0.72, down 15% from its recent high. The price is making lower lows and lower highs, indicating a bearish trend for now. Market Overview 💰 Market Cap: $50M 📊 24H Trading Volume: $90M 📉 Trend: Bearish but nearing key support zones Key Support & Resistance Levels 🔻 Support Levels: $0.68 - $0.65 (Initial buying zone) $0.62 - $0.60 (Major support, critical for reversal) $0.54 (Stop-loss zone if the trend weakens further) 📈 Potential Upside Targets: $0.90 (First breakout level) $1.17+ (If strong bullish momentum returns) Trading Strategy ✅ Swing Traders can buy near $0.62 - $0.65 and sell near $0.90, targeting 30-35% gains. 🚨 Risk Management: Use tight stop-losses below $0.60, or extend to $0.54 for higher risk tolerance. 🕒 Accumulation or Distribution? The market is consolidating—watch for volume spikes before confirming a breakout. Final Thoughts ⚠️ X Empire is in a corrective phase, but historically pumps 300-400% quickly when momentum shifts. Monitor support at $0.62 closely. If the price holds, expect a potential breakout rally. 📢 Always do your own research before trading! Stay updated for the next big move.

The $BANANAS31/USDT trading pair has been experiencing a period of consolidation, leaving many traders and investors wondering what's next for this popular cryptocurrency. In this guide, we'll explore the current market situation, analyze the charts, and provide valuable tips for navigating this critical juncture. Understanding Consolidation Consolidation is a common market phenomenon where the price of an asset trades within a narrow range, indicating a balance between buyers and sellers. This period of stability can be a precursor to a significant price movement, making it essential to analyze the charts and market sentiment. Chart Analysis 1. *Support and Resistance*: The $BANANAS31/USDT trading pair has established a clear support level at $X and a resistance level at $Y. 2. *Trend Lines*: The price has been trading within a descending triangle pattern, indicating a potential breakdown or breakout. 3. *Indicators*: The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators suggest a neutral to bullish sentiment. Market Sentiment 1. *Trader Sentiment*: The majority of traders are bullish on $BANANAS31, expecting a breakout above the resistance level. 2. *Investor Sentiment*: Investors are cautiously optimistic, awaiting a clear signal before entering the market. 3. *News and Events*: There are no major news or events scheduled that could impact the price of $BANANAS31. Tips for Navigating the Consolidation Phase 1. *Stay Patient*: Avoid making impulsive decisions, and wait for a clear signal before entering the market. 2. *Set Clear Goals*: Establish clear profit targets and stop-loss levels to ensure a disciplined approach. 3. *Monitor Market Sentiment*: Continuously monitor trader and investor sentiment to gauge market expectations. 4. *Adjust Your Strategy*: Be prepared to adjust your trading strategy as market conditions change and new information becomes available. Potential Scenarios 1. *Breakout Above Resistance*: A breakout above the resistance level could trigger a significant price increase, with potential targets at $Z and $W. 2. *Breakdown Below Support*: A breakdown below the support level could lead to a price decrease, with potential targets at $V and $U. 3. *Continued Consolidation*: The price may continue to trade within the consolidation range, awaiting a catalyst to trigger a significant move. Conclusion The $BANANAS31/USDT trading pair is at a critical juncture, with a consolidation phase preceding a potential big move. By staying patient, setting clear goals, and monitoring market sentiment, you can navigate this phase effectively. Remember to adjust your strategy as market conditions change and new information becomes available.

Trade No.107 $IOST Position: Long (20x) Entries: 3810 - 3650 Take Profit TP1: 3940 TP2: 4080 TP3: 4190 TP4: 4300++ Stop Loss: 3460 #TokenTalk

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