Ethereum

**Ondo Finance has concentrated its tokenized real-world assets on Ethereum**, with over 80% of its tokenized treasuries and stocks operating on the network, according to @RWA_xyz data. **Key figures:** - Approximately 77% of Ondo's total value locked (TVL) resides on Ethereum - This represents roughly 11.6% of all RWA TVL on Ethereum - Ondo tokenizes equities, ETFs, and Treasury securities The concentration reinforces **Ethereum's position as the primary settlement layer for onchain real-world assets**, particularly for institutional-grade financial products like government bonds and traditional securities.

**Railgun** brings privacy to Ethereum's DeFi ecosystem through zero-knowledge proofs, enabling shielded transfers and interactions while maintaining decentralization. **Key features:** - Built directly on Ethereum's public infrastructure - Uses zero-knowledge proofs for transaction privacy - Supports private multisig functionality - Integrates Waku for secure peer-to-peer communications The system demonstrates that privacy and transparency can coexist on open blockchain networks without compromising core principles of decentralization.

The Ethereum development team continues its regular "Checkpoint" series, providing high-level summaries of the All Core Developer calls. These updates are released every 4-8 weeks to help the community stay informed about core development progress without having to follow every detailed technical call. The series serves as an accessible way to track Ethereum's ongoing development work, making it easier for community members to understand what's happening behind the scenes. This approach acknowledges that the weekly All Core Developer calls can be challenging to follow consistently. The checkpoint format focuses on the most important developments and decisions being made by Ethereum's core developers, distilling complex technical discussions into digestible updates for the broader community.

**Ethereum's Fusaka upgrade is now live on mainnet** after activating at epoch 411392 on December 3rd at 21:49 UTC. The upgrade implements **13 Ethereum Improvement Proposals (EIPs)** that bring significant scaling and user experience improvements: - **PeerDAS unlocks 8x data throughput** for rollups, enabling cheaper blob fees and faster confirmations - **R1 curve support** enables mobile-native passkeys and simpler signatures for better wallet UX - **Based pre-confirmations** reduce transaction latency from minutes to milliseconds - **Gas limit increase** from 45M to 60M expands network capacity - **New per-transaction gas cap** of 2^24 requires developer attention **Key upcoming dates:** - BPO1: December 9th - BPO2: January 7th Community members continue monitoring the network for any issues over the next 24 hours following the successful activation.

The Ethereum Foundation has announced its Q3 2025 grant recipients, showcasing the latest wave of funded projects and community initiatives. The quarterly funding round supported various projects advancing Ethereum's ecosystem development and innovation. **Key highlights:** - Multiple projects received funding to advance Ethereum technology - Community initiatives were prioritized in the selection process - Grant recipients are working on diverse aspects of the ecosystem The foundation continues its commitment to supporting developers and researchers building on Ethereum's infrastructure. This marks another significant quarter of ecosystem investment and community growth.

**Devconnect ARG** kicks off tomorrow in Buenos Aires, bringing together the global Ethereum ecosystem for a week-long festival. The event features: - **Ethereum Worlds Fair** (first ever) - Ethereum Day on November 17 - ETHConAR on November 18 - Multiple community-driven events throughout the week Developers, builders, and Ethereum enthusiasts are converging in Argentina's capital for hands-on experiences with Ethereum technology. **Full event schedule** and registration available at [devconnect.org/calendar](https://devconnect.org/calendar)

Ethereum's weekly All Core Developer calls generate significant discussion that can be challenging to follow. A new **"Checkpoint" series** addresses this by providing: - High-level updates every 4-6 weeks - Digestible summaries of core development progress - Regular tracking of important protocol changes The series aims to make Ethereum's technical development more accessible to the broader community by condensing complex developer discussions into manageable updates.

**Key Ethereum Developments:** - Pectra upgrade live with smart account features and 2x L2 capacity - Stripe launches stablecoin accounts in 101 countries - Uniswap reaches $3T all-time swap volume - Multiple L2s reach Stage 1: Base, Kinto, Scroll, and Starknet **Technical Achievements:** - ZKSync achieves full EVM equivalence - SuccinctLabs/RiscZero reduces block proving to 12s - Aztec launches public testnet for private L2 **Adoption Highlights:** - Coinbase integrates Farcaster social - AAVE partners with ANT for RWA marketplace - WorldID verifies 12.5M humans on L2 - MorphoLabs hits $1B TVL on Base

Microsoft Fabric users can now access Ethereum blockchain data through Space and Time's integration. This development marks a significant step in enterprise blockchain adoption. - The integration enables direct querying of Ethereum on-chain data - Space and Time, operating on ZKsync Chain, provides ZK-verified data - Enterprise users can now access trustless, queryable blockchain data for business analytics This collaboration bridges the gap between traditional enterprise systems and blockchain technology, making Web3 data more accessible to mainstream businesses.

A new 'Checkpoint' series has been introduced to provide condensed updates from Ethereum's weekly All Core Developer calls. - Series will cover 4-5 calls per update - Focus on high-level development progress - Aims to make technical discussions more accessible The initiative comes as Ethereum continues to evolve, with recent discussions including the Dencun upgrade coordination among core developers. *Follow the Checkpoint series to stay informed about Ethereum's technical development without getting overwhelmed by weekly details.*