Search results for Blockspace
Crypto
Not all L1s are the same: Ark Invest on the business structures of ETH, SOL and HYPE
Ethereum, Solana and Hyperliquid are all layer-1 blockchains, but their business structures and revenue models differ fundamentally, an analysis said. Ark Invest crypto research director Lorenzo Valente compared the three to fast-food chains, likening Ethereum to a franchise and holding-company model where value flows to L2s after EIP-4844. He described Solana as a fully integrated model keeping fees and MEV inside L1, and Hyperliquid as a concentrated team-led model using fees to buy HYPE tokens.
Crypto
Blockspace closes funding round, targets Ethereum infrastructure business
Ethereum infrastructure company Blockspace has completed a new funding round. The round was led by BlueYard, with participation from EtherFi Ventures, Quasar Builder, Sharplink, BreedVC, Luganodes and Stakely, among other teams and individuals. Blockspace positions itself as an infrastructure company supporting Ethereum’s core product, blockspace. It earns ETH by staking and repeatedly restaking earned ETH, while keeping its ETH holdings at 15 percent of total staked volume.
Crypto
Why Ethereum bull David Hoffman sold his ETH
David Hoffman, known as an Ethereum bull, sold all his remaining ether last week. He judged that ETH already reflects the price it should command in the market and that the scope for a re-rating is limited. Hoffman said Ethereum has achieved enough to justify its market value, but the investment case that “ETH is money” has weakened. He remained bullish on the Ethereum network, while noting layer2 networks capture most fees and profits.
