ChainCatcher news, according to on-chain analyst @ai_9684xtpa, Binance Wallet has minted 44 million new tokens HYPER (Hyperlane) for the Binance event on the BSC network, while the remaining tokens will circulate on the Ethereum mainnet (where 758 million tokens have already been minted), bringing the initial total to 802 million tokens when combined.Therefore, the current market capitalization on the BSC network cannot be used as a reference for the actual circulating market value. The HYPER (Hyperlane) user airdrop will open for claims tonight at 8 PM.

ChainCatcher news, Ripple's dollar-pegged stablecoin RLUSD has now launched on the Aave V3 Ethereum core market, providing lending services for institutional and decentralized finance users. The initial supply cap for RLUSD is set at 50 million, with a borrowing limit of 5 million. Currently, the market activity is low, with a utilization rate of 0% and no lending activity, resulting in an annual interest rate of 0%. Nevertheless, the market capitalization of RLUSD has surpassed $293 million, with a total trading volume of $10 billion.The target market for RLUSD is enterprise applications, and Ripple has integrated it into the Ripple payment system to facilitate cross-border payments. Its launch on Aave V3 opens up new prospects for its future applications in DeFi, and with the initiation of liquidity mining and interest structures, it is expected to attract more users.

ChainCatcher message, according to SoSoValue data, yesterday (Eastern Time April 21) the total net outflow of Ethereum spot ETFs was $25.4202 million.The Ethereum spot ETF with the highest single-day net outflow yesterday was the Grayscale Ethereum Trust ETF (ETHE), with a single-day net outflow of $25.4202 million. Currently, the historical total net outflow of ETHE has reached $4.270 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $5.213 billion, and the ETF net asset ratio (market value as a percentage of total Ethereum market value) is 2.74%. The historical cumulative net inflow has reached $2.219 billion.

ChainCatcher news, according to Lookonchain monitoring, about an hour ago a wallet associated with the Ethereum Foundation transferred 1,000 ETH to Kraken exchange, worth approximately 1.58 million dollars at the current price.The wallet received 84,513 ETH from the foundation 10 years ago, when the price of ETH was around 1.2 dollars, and its total value has now reached 134 million dollars.

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas posted on the X platform that the 2x inverse Ethereum ETF is nearly the best-performing exchange-traded fund of the year to date, second only to the 3x gold miner ETF.Currently, ETHD (up 176.18%) and ETQ (151.17%) rank second and third, respectively.

ChainCatcher news, according to Onchain Lens monitoring, after holding for 2.5 years, a giant whale deposited 450 ETH (worth $730,600) to Binance, earning a profit of $108,000.Interestingly, when the ETH trading price exceeded $4,000, the whale had 3 selling opportunities, missing out on a potential profit of $1 million.

ChainCatcher news, according to Whale Alert monitoring, Tether Treasury has newly burned 1.5 billion USDT on Ethereum.

ChainCatcher message, Ethereum Foundation's newly appointed co-executive director Tomasz K. Stańczak stated that the foundation will shift its R&D focus towards L1 scaling, L2 support, and user experience optimization, covering protocol upgrades such as Pectra, Fusaka, and Glamsterdam. Vitalik Buterin will reduce his daily coordination work to focus on research initiatives, including RISC‑V, zkVM, and privacy directions. He emphasized that Vitalik's and other researchers' proposals are exploratory content that requires community discussion and scrutiny, with the goal of accelerating Ethereum's future breakthroughs.

ChainCatcher message, according to SoSoValue data, last week (Eastern Time April 14 to April 17) saw a net outflow of $32.17 million for Ethereum spot ETFs.The Ethereum spot ETF with the highest net inflow last week was Grayscale ETF ETH, with a weekly net inflow of $2.24 million, bringing the total historical net inflow for ETH to $570 million.The Ethereum spot ETF with the highest net outflow last week was Grayscale Ethereum Trust ETF ETHE, with a weekly net outflow of $18.77 million, bringing the total historical net outflow for ETHE to $4.24 billion. Following that was Fidelity Ethereum ETF FETH, with a weekly net outflow of $11.39 million, and the total historical net inflow for FETH is $1.36 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $5.27 billion, with an ETF net asset ratio (market cap as a percentage of total Ethereum market cap) of 2.76%, and the historical cumulative net inflow has reached $2.24 billion.

ChainCatcher news, according to Cointelegraph, the total value of SOL tokens staked on the Solana network briefly surpassed the market value of staked ETH on Ethereum yesterday.On-chain data shows that there are 505,938 unique wallets on the Solana network staking SOL worth $53.9 billion, with an annual staking yield of 8.31%; on the Ethereum chain, there are a total of 34.7 million ETH participating in staking, valued at $53.93 billion. The high validation threshold of 32 ETH (approximately $50,000) has led many stakers to shift from node staking to liquid staking protocols, which is a key reason for the reduction of native staking on the Ethereum chain. Currently, about $21.5 billion in funds are participating in liquid staking on the Ethereum chain, with Lido alone accounting for 88% of the market share, exacerbating concerns about Ethereum's centralization, and Ethereum developers are exploring solutions to promote staking decentralization.

ChainCatcher news, analyst PlanB posted on platform X stating, "Ethereum is a centralized, pre-mined project that uses PoS instead of PoW, and its supply mechanism can be switched at will. I have always believed that such altcoins are destined to fail, and their current poor performance is to be expected. These types of projects should be mocked and eliminated by the market."

ChainCatcher message, Etherscan data shows that the average gas fee on the Ethereum mainnet has dropped to 0.297 gwei, and the average transfer fee at the current fee level has fallen to about 0.01 USD.

ChainCatcher news, reported by The Block, Ethereum co-founder Vitalik Buterin proposed on April 20 at the Ethereum Magicians forum to replace the Ethereum Virtual Machine (EVM) with the open-source instruction set architecture RISC-V to enhance execution layer efficiency.Vitalik pointed out that this move could increase zero-knowledge proof efficiency by up to 100 times while maintaining bidirectional compatibility with existing EVM contracts. The proposal aims to address Ethereum's long-term scalability bottlenecks in data availability, block production competitiveness, and ZK-EVM proofs.

ChainCatcher news, trader Eugene Ng Ah Sio posted in his personal channel, "For the first time since early January, I am going long on ETH. From a technical analysis perspective, ETH has shown a steady and slow upward trend since early April, with a relatively clear trajectory. I believe there is a significant amount of inertia in the market, with many long-term shorts treating ETH as a default hedging tool. If BTC breaks through the $86,000 mark, I expect market vitality to significantly increase, and ETH along with altcoins may become the main beneficiaries.""As usual, I try to make trading decisions in real-time under incomplete information, while contending with the following factors: my own inherent biases; continuously changing market information; newly established price ranges. This process is not easy, and my views often fluctuate—because it is indeed difficult to determine the best strategy at the moment. To cope with uncertainty, I control risk by reducing position sizes, ensuring that even if I make a wrong judgment (which happens frequently), the fluctuations in profit and loss will not cause substantial harm to my capital."

ChainCatcher message, on-chain data analyst Murphy released an analysis of ETH based on token flow and value ratio. The flow ratio of ETH on trading platforms has dropped below 35% since the end of December 2022, a figure that had exceeded 50% in September 2021. This indicates that ETH was once able to compete with BTC in terms of inflow/outflow ratios on trading platforms, but the significant decline now means that the attention of funds towards ETH is decreasing.Since December 2022, Bitcoin's MVRV "Market Value to Realized Value Ratio" (blue line) has shown a clear divergence from Ethereum's MVRV (yellow line). For the previous 7 years, this indicator had always alternated dominance, with ETH sometimes stronger and sometimes BTC stronger. Now, the blue line remains below the yellow line, indicating that since December 2022 until today, the unrealized profits of ETH holders have consistently been lower than those of BTC. Whether from trading platform data or on-chain data, the turning point for Ethereum's trend seems to have occurred in December 2022. Coincidentally, on September 15, 2022, the Ethereum mainnet merged with the Beacon Chain, completely ending PoW mining and transitioning to a PoS consensus mechanism, and everything changed right after that.As the trend of diminishing sentiment weakens, the capital inflow into these two major assets, BTC and ETH, has significantly decreased since last December. Nevertheless, BTC can still maintain a positive inflow of $5.4 billion over the past 30 days; whereas ETH has turned into a net capital outflow since February 15, with nearly $6.2 billion flowing out in the last 30 days as of yesterday. The attitude of funds is a crucial factor in determining price and trend, and ETH's revival in trend requires waiting for a renewed focus of capital.