Welcome to Ethereum Observer #28 A brief weekly roundup of Ethereum and industry news and headlines. - 23(!) posts and threads this week 👇 - RT to help boost, or DM to help out! - blog version below

ETH at $10k. Gas at 300 gwei. People joke about the times when blobs were cheap. Only extremely high value transactions make sense to post onto L1. Only the rich can afford it, everyone else has to exist on L2s. It’s a nightmare, because the gas prices there fluctuate like crazy, and so does the liquidity depth. Ultimate fragmentation bonanza. It’s like forced island hopping for the sake of being able to exist. But ETH at $10k… You kind of want it, right?

Big changes are coming to @EthereumFndn’s ecosystem development cluster to support real-world adoption. Here’s what’s changing and why it matters🧵

SLS detected and alerted on the GMX hack

SLS detected the GMX hack

ethereum is becoming the only option with every new company launching their L2 coinbase, world, robinhood… the ethereum network gets stronger, becoming the internet of value. everyone wants to be on the internet not stuck on an intranet or an obsolete network. you either join the network, or get left behind

Happy belated birthday, dear @ZircuitL2 mainnet

Thanks for spending the day with us!

Someone is saying it out loud

Imagine a world where your digital assets are protected by an invisible guardian that never sleeps, never misses a threat, and stops attacks before they even touch your wallet. @ZircuitL2 isn't just another blockchain – it's a revolutionary platform that transforms how we think about financial security in the digital age. While other networks scramble to fix problems after hackers have already struck, leaving users counting their losses and wondering what went wrong, Zircuit takes a completely different approach that puts protection first and gives you the peace of mind you deserve. At the heart of Zircuit lies something truly extraordinary: Sequencer Level Security, or SLS, powered by cutting-edge artificial intelligence that works like a digital immune system for your money. Every single transaction that flows through Zircuit is instantly analyzed by AI that can spot malicious activity faster than any human ever could, quarantining threats in real-time before they can cause harm. This means that even if you accidentally interact with a sketchy app or fall for a sophisticated scam, Zircuit's AI guardian steps in to protect you, creating an additional layer of security that works regardless of whether the applications you're using have been properly audited or not. It's like having a personal cybersecurity expert watching over every move you make in the digital financial world. The beauty of Zircuit extends far beyond just security – it's built for everyone who wants to participate in the future of finance without the constant fear of losing everything. Whether you're a seasoned crypto trader pushing the boundaries of decentralized finance, a business looking to integrate blockchain technology, or someone just starting to explore digital assets, Zircuit's protection works silently in the background, giving you the confidence to innovate and invest. With lightning-fast transactions that settle in just two seconds and near-zero fees, you can focus on what matters most – growing your wealth and exploring new opportunities – instead of worrying about the next headline about another devastating hack. This isn't just another promise from another blockchain project. Zircuit is backed by industry giants like Binance Labs and OKX Ventures, with a team of world-class researchers who have earned recognition from the Ethereum Foundation itself. With over $735 million already staked by users who trust in this vision, Zircuit represents more than just technological advancement – it's a movement toward a safer, more accessible financial future where innovation doesn't have to come at the cost of security. In a world where digital threats evolve every day, Zircuit evolves faster, ensuring that your financial freedom never comes at the expense of your peace of mind. Visit: @dr_zircuit