0/ Clear signing is now live. An open standard to end blind signing, making human-readable transactions default. This effort brings a major UX and Security upgrade to transaction signing on Ethereum.

JUST IN: 🇺🇸 US Senate Banking Committee releases crypto Clarity Act draft bill.

Ethereum is for shipping. Here are 22 things the Ethereum ecosystem launched, upgraded, and announced over the past month. 0/ Ethereum hit a new all-time high of 72.8 Million monthly transactions, the highest in network history. 1/ @ethereumfndn, @chainlink, and @Nethermind launched a $1M audit subsidy program to help Ethereum builders access high-quality security reviews. 2/ South Korea’s largest crypto exchange, Upbit, announced plans for GIWA Chain, an Ethereum L2 built on @Optimism. 3/ @AragonProject introduced Permissions Audits to help protocols secure roles, multisigs, and admin systems. 4/ @fileverse shipped Comments v2, improving the collaboration experience, with privacy by default. 5/ The Ethereum Applications Guild (@EthAppsGuild) launched to support Ethereum-native apps and real-world adoption. 6/ Privacy went live on @Optimism with confidential computing support on OP Mainnet. 7/ @StarkWareLtd brought native proof verification to Starknet mainnet with Shinobi, enabling private trading flows and OTC settlement. 8/ @worldcoin launched World ID 4.0, expanding proof of human credentials across apps, enterprises, and AI agents. 9/ Applications on Ethereum hit ~$310B in user deposits. 10/ @l2beat released a new interactive interoperability map showing how value moves across Ethereum’s expanding ecosystem. 11/ @AlchemixFi launched V3, the latest version of its self-repaying, non-liquidating loan product, with higher capital efficiency and improved peg mechanics. 12/ @OfficialMoonDAO raised $172k + from 157 contributors to send the man who coined the “overview effect” to space. 13/ @ethereumfndn announced the Road to @EFDevcon 8 Academic Program, supporting regional research and academic events ahead of Devcon. 14/ Ethereum core contributors gathered in Svalbard for Soldøgn Interop, a week-long event focused on hardening Glamsterdam implementations to help scale Ethereum securely. 15/ @basepaint_xyz hit 1,000 straight days of onchain art creation, with 121M+ pixels painted and $1.5M + distributed to 4,000+ artists. 16/ New Ethereum community hubs launched in Hong Kong and Floripa, growing local coordination and ecosystem activity across Asia and Latin America. 17/ The EF’s ETH Rangers public goods security program wrapped after helping recover or freeze $5.8M, reporting 785+ vulnerabilities, and identifying ~100 North Korean IT workers targeting Web3 teams. 18/ @centrifuge launched a tokenized S&P 500 fund on @base, bringing 24/7 onchain index exposure to non-U.S. users. 19/ @0xcatalysis launched Covered Vaults on Ethereum, DeFi vaults with built-in onchain risk coverage backed by delegated capital. 20/ @Uniswap processed $3T in all-time volume on Ethereum mainnet. 21/ @RAILGUN_Project hit $5 billion of total all time private volume.

ICYMI: $TON ran +115% this past week while most of the market stayed flat. Here’s the 30s breakdown, with 3 main reasons: ❶ @telegram Took Operational Control → May 4: @durov announced Telegram is now @ton_blockchain’s largest validator → Staked ~2.2M TON, funding additional validators → Replaces the TON Foundation as the network’s operational steward → “Make TON Great Again” (MTONGA) roadmap, with a renewed focus on blockchain distribution to 1B+ users - ❷ The ~400 ms Block Times + Sub-cent Fees ▸ Catchain 2.0 → Block times: ~2.5s → ~400ms → Throughput: ~10x increase → Finality: ~1 second ▸ Fee cut ~6x → Transaction cost: ~0.00039 TON → ~$0.0005 → Micropayments, tips, and mini-app loops become practical at scale - ❸ Staking & Ecosystem Momentum ▸ Staking APR pushed past 20% in some validator sets ▸ More TON locked → less circulating supply → potential supply shock ▸ New tooling and performance upgrades in ~2–3 weeks (per Durov) ▸ SCRYPT integration for stablecoin access (USDT on TON) → already live ▸ TON Teleport BTC bridge → targeted for later this year ▸ Ongoing mini-app and TON Connect expansion - TON now has three things L1s almost never get, plus massive distribution, but there are some concerns on my end "1B+ users" is a top-of-funnel number, not a TON-user number → TON wallet activations are still a small slice of Telegram's user base. → Mini-app DAU is the metric that matters. It hasn't increased significantly alongside the price. → Distribution access ≠ distribution conversion. So, what do you think? Are we about to see TON become the leading L1?