Ethereum’s Fusaka fork primed for mainnet after final testnet debut

Ethereum's Fusaka upgrade has successfully launched on its final testnet, Hoodi, paving the way for the mainnet launch scheduled for December. This upgrade is significant as it enhances the network's capabilities and prepares it for future developments, showcasing the ongoing innovation within the Ethereum ecosystem.

In a recent discussion, experts explored the readiness of blockchain technology for traditional finance (TradFi), focusing on the balance between transactions per second (TPS) and reliability. This conversation is crucial as financial institutions consider integrating blockchain to enhance efficiency and security. Understanding these dynamics can help bridge the gap between innovative technologies and established financial systems, potentially transforming how transactions are conducted.

Today, cryptocurrency prices are experiencing a slight decline as the market anticipates the U.S. Federal Reserve's upcoming policy decision. With the total market capitalization down by 1.5% to $3.88 trillion, major tokens like Bitcoin, Ethereum, and XRP are seeing minor losses. This situation is significant as it reflects investor sentiment and market stability ahead of potential changes in monetary policy.

Bitwise's Solana ETF has made a remarkable entrance into the market with $69.5 million in inflows on its first day. This strong debut reflects a growing confidence among investors in blockchain technology and suggests that mainstream adoption may be on the horizon. As more people recognize the potential of cryptocurrencies, this could pave the way for further innovations and investments in the sector.

The recent surge in the AI micropayments sector, with x402 tokens driving growth from $178 million to $832 million in just three days, highlights a significant shift in how digital transactions are evolving. This rapid increase not only showcases the potential of micropayments in the cryptocurrency landscape but also indicates a growing acceptance and integration of AI technologies in financial systems. As more users and businesses adopt these innovations, it could lead to a more efficient and accessible digital economy.

Ethereum is experiencing a downturn, having dropped below the critical $4,000 mark after a correction from $4,250. This decline raises concerns among investors, as further drops could occur if the price falls below $3,920. The breach of key support levels indicates a weakening market sentiment, making it crucial for traders to monitor these price movements closely.

Polymarket is making a comeback in the U.S. this November, focusing on the sports betting market. This move is significant as it could shake up the current landscape of sports betting, especially with stocks already showing positive reactions. As a blockchain prediction platform, Polymarket aims to offer innovative betting options that could attract a new wave of users and investors, making it a noteworthy development in the industry.

Ethereum's Fusaka upgrade has successfully completed its final Hoodi test, paving the way for its anticipated mainnet launch. With all three tests now behind them, developers are eyeing December 3 as a potential go-live date. This upgrade is significant as it promises to enhance the network's capabilities, making it more efficient and user-friendly, which could attract more users and developers to the platform.

The cryptocurrency industry is gearing up for the 2026 midterm elections with a substantial $263 million fund raised by super PACs. This follows their successful influence in the 2024 elections, showcasing the growing political power of crypto advocates. With Fairshake leading the charge with $141 million, this financial backing could significantly impact legislative decisions and promote favorable policies for the crypto sector, highlighting the industry's commitment to shaping its future in the political arena.

XRP has seen a significant 9.45% increase this week, outperforming major cryptocurrencies like Bitcoin and Ethereum, thanks to a renewed risk-on sentiment in the crypto market. While this surge is promising, it's still uncertain if XRP can maintain this momentum as market indicators present mixed signals. This development is crucial for investors as it could signal a potential breakout for XRP and other altcoins, especially ahead of the upcoming FOMC rate cut.

Visa is set to enhance its settlement platform by adding support for four new stablecoins, responding to a growing demand for stablecoin-linked card services. This move reflects the increasing interest in digital currencies and positions Visa as a leader in the evolving payments landscape, making it easier for consumers to use stablecoins in everyday transactions.

The Human Rights Foundation has made a significant move by granting 1 billion satoshis to Freedom Tech, a decision that highlights the growing intersection of technology and human rights advocacy. This funding aims to support innovative solutions that promote freedom and democracy, especially in regions where these values are under threat. The initiative not only empowers developers but also underscores the importance of financial support in the fight for human rights, making it a noteworthy development in the tech and humanitarian sectors.

Bitcoin is showing promising signs of recovery after a turbulent month, with recent data from Binance suggesting that market sentiment is shifting towards buyers. Currently trading near $113,060, despite a slight dip of 0.7% in the last 24 hours, this trend could indicate a bullish reversal, which is significant for investors looking for stability and growth in the cryptocurrency market.

World Liberty Financial is making headlines by announcing an airdrop of $1.2 million worth of WLFI tokens to early USD1 users. This initiative will distribute 8.4 million tokens across six major exchanges, including Gate.io and KuCoin. This move not only rewards early adopters but also boosts the visibility of WLFI tokens in the competitive cryptocurrency market, potentially attracting more investors and users.