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Cryptocurrencies: Ethereum Updates, Pi Network Loses Ground, Cold Wallet Focuses on Privacy

Cryptocurrencies: Ethereum Updates, Pi Network Loses Ground, Cold Wallet Focuses on Privacy

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by Giorgi Kostiuk

4 hours ago


Significant changes are underway in the crypto market. Ethereum is updating, Pi Network faces difficulties, and Cold Wallet offers a new approach to privacy.

Ethereum Gears Up for High-Scale Updates

Ethereum is actively evolving its network with plans to increase transaction throughput. One proposed step is to boost the gas limit by up to 1000%, which should help improve transaction speeds and reduce congestion. These changes are part of a broader strategy aimed at transforming Ethereum into a robust layer-one base, supporting a wider layer-two ecosystem.

Pi Network Struggles: Price Drop and Growing Doubts

Recently, Pi Network has faced significant challenges, particularly a steep price drop of 51.69% over the month and 17% in the last 48 hours, with the price settling around $0.61. The main reason for this drop is early users cashing out their tokens, adding market pressure. Additionally, growing doubts about data security and negative comments from key figures are exacerbating the situation.

Cold Wallet: Privacy and Utility from the Start

Cold Wallet is designed with a privacy-first approach that turns user activity into direct benefits. Its core utility, $CWT, grants access to advanced features, platform upgrades, and governance. Cold Wallet's model allows users to receive rewards for long-term participation and active engagement, making privacy not just a bonus feature but a core utility function.

Each of the projects highlights different development paths. Ethereum is undertaking technical upgrades, Pi Network is striving to recover, while Cold Wallet focuses on real user needs, making it an interesting option among alternative cryptocurrencies.

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