This past week in Web3 circles, the stablecoin no one cares about is making moves while Solana memecoins jockey for new positions. And Ethereum’s golden boy somehow manages to keep himself in the news.
Top 3 Stories This Week in Web3
- Ripple’s Stablecoin Strategy Gains Momentum
Ripple’s stablecoin (RLUSD) is gaining traction with its integration into the XRP Ledger (XRPL), bolstered by the launch of the XRPL EVM sidechain. This update enables Ethereum-compatible smart contracts, enhancing RLUSD’s appeal and expanding XRP’s utility. Like it or not, Ripple is a major player in crypto and will be a force to reckon with in Web3. - Ethereum Co-Founder Proposes Gas Limit Reform
Vitalik Buterin and Toni Wahrstätter have introduced EIP-7983, a proposal to reform Ethereum’s gas limits. The goal is to enhance the network’s defense against denial-of-service attacks and ensure more consistent transaction fees. As long as this isn’t another ETH 2.0 scenario, it should fine (crossing fingers). - BonkFun Overtakes Pumpfun as Top Solana Token Launchpad
BonkFun has surpassed Pumpfun as the leading token launchpad on Solana, with over $540 million in volume and $34 million in fees. Its fee structure—featuring substantial BONK buybacks and burns—is fueling demand for the memecoin. Congratulations! But isn’t this like saying Anastasia Davydova overtakes Svetlana Romashina as the best synchronized swimmer? No offense to Romashina and Davydova.
These are the top stories in Web3 from last week. Happy Monday!
First published at Substack. Image by ImageFX.