🔥 Ethereum Weekly Recap: Key Highlights Ethereum saw major developments across institutional adoption, Layer 2 upgrades, protocol research, and its long-term monetary narrative 1. Market Performance > $ETH traded around $2,130–$2,140, down 5–7% weekly > Liquidations exceeded $1B > Stablecoin supply reached ~$140B > @BitMNR holdings climbed to ~6.06M $ETH 2. ETH Narrative & Protocol > Vitalik argued ETH should be valued primarily as a store of value while maintaining support for EIP-1559 > Hoodi testnet activation for Glamsterdam faced further delays > ChainSecurity identified issues in EIP-8037 and EIP-8038 3. Layer 2 & Institutional Adoption > @base: Activated its Denim upgrade, introducing native 200ms blocks > Amundi: Launched a tokenized STOXX Europe 600 fund share class on Ethereum > @aztecnetwork & @ETHGasOfficial: Advanced privacy infrastructure and institutional blockspace solutions 4. Devcon 8 > Wrapped up in Mumbai (Nov 3–6), marking Ethereum's first Devcon in India > Key discussions covered privacy, post-quantum security, and the protocol roadmap > Devcon 9 will take place in Lisbon in October 2027 ETH price remains under pressure, but institutional tokenization, L2 innovation, and protocol development continue to strengthen Ethereum's long-term role as a foundation for global finance