🥇 Gold Hits $4,200

Ethereum has officially confirmed its Glamsterdam upgrade for Q3 2026, marking a significant infrastructure overhaul. **Key improvements include:** - **Gas limit expansion:** Increasing from 60M to 200M (3.3x boost) - **Throughput target:** 10,000 TPS (10x current capacity) - **Block building:** ePBS implementation moves builder market on-chain, reducing MEV extraction - **Cost reduction:** Projected 78% decrease in L1 gas fees The upgrade focuses on block production mechanics, making the settlement layer more transparent and efficient for institutional builders. By moving the builder market on-chain through ePBS, Ethereum aims to create a more equitable and predictable transaction environment.

The **CLARITY Act** faces a Senate scheduling bottleneck with just 7 weeks until August recess. **Key Details:** - Bill competes with 4 other legislative priorities - Likely delayed until Q4 2026 - Would formally classify ETH as a commodity - Provides legal protections for DeFi developers **What's at Stake:** The legislation addresses fundamental questions about US crypto regulation - token classification, exchange operations, self-custody rights, and DeFi oversight. This represents the first comprehensive market structure bill to reach committee vote. The delay extends regulatory uncertainty for another quarter.

**RWA tokenization brings gold investing to retail users without intermediaries** For the first time, retail investors can trade gold directly on-chain through tokenized assets, bypassing traditional asset managers and banks. **Key features:** - Trade $XAUt and $PAXG tokens on [Tokenlon](https://tokenlon.im/instant) - Each token backed 1:1 by physical gold - Provides liquidity and transparency without storage hassles - Gold currently trading near all-time highs at ~$3,640/oz This marks a significant shift in accessibility for precious metal investing, removing traditional barriers to entry for everyday investors.

Tokenlon has concluded phase 43 of its LON trade mining program, which ended on January 19, 2026. **Key Metrics:** - Total trading volume: $444,537,009.95 - Platform revenue: $708,117.55 - LON rewards distributed: 984,443 LON Users can now claim their rewards through the Trade Mining page on the LON DApp. The buyback and distribution process for this phase is complete and ready for collection. Compared to phase 39 (completed August 2025), this phase saw lower trading volume ($444M vs $1.03B) and fewer rewards distributed (984K vs 1.39M LON). [Claim your rewards here](https://support.tokenlon.im/hc/en-us/articles/45662857037460)

Tokenlon has successfully completed its **LON liquidity consolidation** following the approved TIP41 proposal. **Key Actions Taken:** - Withdrew liquidity from Sushiswap v2 LON/USDT pools on both Ethereum and Arbitrum - Adjusted Uniswap LON/ETH pool TVL to **$4M** on Ethereum - Set Uniswap v3 LON/USDC pool to "Full Range Liquidity" at **$2M** on Arbitrum - All withdrawn funds transferred back to **community treasury** The consolidation streamlines LON's liquidity across fewer pools while maintaining accessibility on major DEXs. [View TIP41 Proposal](https://snapshot.box/#/s:tokenlon.eth/proposal/0x7bea6c58c2ffe15f9df27e2908aeaa84ff418aea670afef2a6a8757b00e38b36)