?? This Week’s Take: Ethereum Scaling, Bitcoin's Future & Web3 Expansion
Martin Sandhu
Digital Product | Specialising in AI, Web, Mobile & Web3 | Engaged in Health, Finance & Revenue Growth
This week in Web3 has seen Ethereum’s scaling efforts take centre stage, with Layer 2 rollups and the Superchain concept promising to ease congestion and cut fees. Bitcoin remains on track for long-term growth, despite memecoins dominating short-term hype. Meanwhile, BNB Chain’s new no-code platform is making Web3 entry easier than ever, and Web3 projects are being urged to adopt Amazon’s customer-first approach to drive mainstream adoption.
Elsewhere, Argentina’s LIBRA memecoin scandal has rattled markets, raising concerns about political involvement in crypto. Solana faces a key test, with its price sitting at a make-or-break level following memecoin volatility. As Web3 continues to expand, decentralised ownership remains at its core, ensuring users maintain control over their data and assets.
?? Web3 Market Updates & Key Developments
???? Argentina’s LIBRA Memecoin Scandal – President Javier Milei is under investigation after LIBRA’s meteoric rise and crash, leading to $99M in withdrawals and market turmoil. ?? Read More
?? Solana’s Market at a Crossroads – SOL’s price is nearing a key support level, with memecoin pump-and-dumps affecting stability and investor confidence. ?? Read More
?? Web3 Needs to Think Like Amazon – Adopting customer-centric strategies and robust infrastructure could be key to mainstream adoption. ?? Read More
?? Blockchain & AI Transforming Digital Romance – A look at decentralised dating platforms and AI matchmaking reshaping relationships. ?? Read More
?? Ethereum & Web3 Growth Through L2 Rollups – Ethereum’s Superchain vision could redefine Web3 scalability. ?? Read More
???? Argentine President Faces Fraud Charges – Javier Milei is being investigated for his role in the LIBRA crypto collapse.
???? US Exploring a National Bitcoin Reserve – Discussions are underway on using gold sales or debt issuance to back a national BTC reserve.
?? Tether Engages with US Lawmakers – The stablecoin issuer is working on shaping regulations under the STABLE Act.
?? Binance Founder CZ Steps In – Donated $100,000 in BNB to LIBRA scam victims, receiving more in return.
?? AI Agents Are Reshaping Web3 – More than 1 million AI agents are expected in Web3 by 2025, automating transactions, staking, and trading.
?? Featured Web3 Podcast
?? Web3 with Sam Kamani – Episode 226 ?? Title: Powering the AI Agent Revolution—Subsquid’s Vision for Web3 Data & AI ?? Release Date: February 19, 2025 ?? Duration: 47 minutes ?? Platform: Apple Podcasts ?? Listen Now: Episode 226
?? Final Thoughts
Web3 is evolving rapidly, despite regulatory hurdles & market volatility.
?? What’s your biggest takeaway from this week? Drop your thoughts below!
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