Evening Must-Read 5 Articles | Powell's Latest Remarks

1.Galaxy: The Current Status of Ethereum Blobs and the Blob Market in the Post-Pectra Era

On May 7, 2025, the Ethereum Pectra upgrade was launched on the mainnet. In the implemented Ethereum Improvement Proposal (EIP), EIP-7691 increases the number of target blobs and the maximum number of blobs per block. In last year's Dencun upgrade, EIP-4844 (formerly Danksharding) introduced blobs to provide a dedicated data publishing space for rollups. Since the launch of Dencun, the Ethereum network has maintained a target number of 3 blobs per block and a maximum number of blobs; Based on a data size of 128kb per blob, this means that the amount of data transferred through the blob is about 5.5GB per day. After the Pectra upgrade, the number of target blobs and the maximum number of blobs per block increased to 6 and 9, respectively, and the blob data capacity increased to about 8.15 GB per day. This change has had an impact on the blob marketplace, rollups, and Ethereum validators, with an increase that reduces the scarcity of the amount of fixed blob space that rollups compete for, and increases the network's data availability through blobs (DA) capacity. The following article explores the impact of the Pectra upgrade's changes to Ethereum blob parameters on the blob marketplace, rollups and their users, Ethereum validators, and the ETH supply. Click here to read

2. Internet Capital Market: Understanding Believe and Its Ecological Projects

Currently, related activities are mainly focused on the Believe platform (formerly Clout, token LAUNCHCOIN). LAUNCHCOIN once surged 10 times within 24 hours. Simply reply to any tweet with @launchcoin + name to tokenize it. The generated Solana tokens can be traded on all decentralized exchanges that support Solana (including platforms like Phantom, DexScreener, Jupiter, etc.). Click to read.

3.6 Major Signs Indicate BTC's Next Target is $140,000

The latest rebound of Bitcoin is accompanied by strong demand from investors for spot Bitcoin exchange-traded funds (ETFs), with net inflows for spot Bitcoin ETFs reaching $2.9 billion over the past two weeks. Click to read.

4. Why Generation Z's Trust in Banks is Declining - And What This Means for Cryptocurrency

Generation Z not only changed the landscape of social media, but they are also reshaping the world's view on finance. Many young people have grown up with student loans, soaring inflation, and an uncertain job market, leading to a deep skepticism towards traditional banking. But what is the root of this distrust? Why might it make cryptocurrency more appealing than ever? Click to read.

5. Powell's Latest Remarks Release Powerful Signals from the Federal Reserve (Full Speech Attached)

On May 15, local time, Federal Reserve Chairman Jerome Powell attended the second Thomas Laubach Research Conference and delivered a speech. He stated that as the economy and policies continue to change, long-term interest rates may rise. He warned: "We may be entering a period of more frequent and possibly more persistent supply shocks—this poses a significant challenge for both the economy and the central bank." Click to read.

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