Ethereum’s P2P Layer Is Improving Just as Institutional ETH Buys Pick Up

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Ethereum’s P2P Layer Is Improving Just as Institutional ETH Buys Pick Up Early PeerDAS performance is proof that the Ethereum Foundation can now ship complex networking improvements at scale. By Shaurya Malwa | Edited by Omkar Godbole Dec 9, 2025, 1:30 p.m. What to know : Ethereum co-founder Vitalik Buterin said that the network is addressing its lack of peer-to-peer networking expertise, highlighting the progress of PeerDAS. PeerDAS, a prototype for Data Availability Sampling, is crucial for Ethereum's scalability and decentralization through sharding. BitMine Immersion Technologies has significantly increased its Ethereum holdings, viewing it as a strategic investment in the network's future scaling capabilities. Ethereum co-founder Vitalik Buterin acknowledged the network is finally closing one of its longest-standing technical gaps: a lack of deep peer-to-peer (P2P) networking expertise inside the Ethereum Foundation. In an X post late Monday, Buterin said he felt that Ethereum over-indexed on crypto economics, byzantine fault tolerance (BFT) consensus and block-layer research while taking the network layer for granted. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . But the sentiment has changed. He pointed to early PeerDAS performance as proof that the Foundation can now ship complex networking improvements at scale, crediting Raúl Jordan and others for getting the system running. Loading... PeerDAS is a prototype for Data Availability Sampling (DAS), which is essential for Ethereum's scaling via sharding. It allows light clients to check if all shard data has been published by sampling small portions, greatly enhancing scalability while maintaining decentralization and security. In another X post last week, Buterin added that Ethereum still needed a functioning on-chain gas futures market, arguing that prediction markets on BASEFEE could give users clearer expectations around future gas costs and allow teams to hedge congestion risk years ahead. The comments land amid a renewed wave of institutional accumulation. BitMine Immersion Technologies, the largest corporate holder of ETH, bought 138,452 tokens last week — about $435 million — lifting its treasury to 3.86 million ETH. Chairman Thomas Lee said the firm accelerated purchases after the Fusaka upgrade and on expectations that easing macro conditions will support risk assets into early 2026. BitMine's buying pace has picked up after several months of quieter accumulation, and the firm has framed the move as a strategic bet on Ethereum’s execution layer and scaling roadmap rather than a short-term positioning play. Whether that demand converges with Buterin’s push for a more robust networking layer will likely shape sentiment around Ethereum’s next phase of scaling — especially as questions around the future cost of blockspace continue to drive debate inside the community. Ether ETH More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You Standard Chartered Throws in the Towel on Bullish Bitcoin Forecast By Will Canny , AI Boost | Edited by Stephen Alpher 7 minutes ago Bowing to what he called a "cold breeze," but not a "crypto winter," Geoff Kendrick slashed his year-end outlook for BTC to $100,000 and doesn't expect $500,000 until 2030 versus 2028 previously. What to know : Bitcoin’s roughly 36% slide from its Oct. 6 peak has been steep, but it remains within expected bounds, according to analyst Geoff Kendrick. Further corporate buying via bitcoin digital asset treasury firms is unlikely as their valuations no longer justify expansion. He slashed his year-end outlooks for bitcoin, now seeing $500,000 as being hit in 2030 versus 2028 previously. 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