The Ethereum network has successfully activated its second Blob Parameter-Only (BPO2) hard fork, a significant upgrade that enhances the blockchain's scalability. The fork, which went live, increases the blob limit from 10 to 21, thereby raising the network's data capacity and improving throughput for Layer 2 rollups. Ethereum core developer Terence confirmed the activation, noting it allows for batching more transactions via rollups, which supports higher transaction throughput on Ethereum L2s and helps stabilize gas fees by reducing network congestion.
Concurrently, attention is shifting to the presale of a new AI-focused cryptocurrency, DeepSnitch AI (DSNT). Currently in its fourth presale stage and priced at $0.03269, the project has raised over $1.1 million, representing a 116% increase from its initial price. DeepSnitch AI is notable for offering live trading utilities even during its presale phase, including tools like SnitchFeed for whale wallet tracking, SnitchScan for smart contract security checks, and SnitchGPT for market data analysis. The project also features a staking vault holding over 28 million tokens, offering daily rewards.
The article presents a bullish DeepSnitch AI price prediction, speculating the token could see a 100x run in 2026, with a future price target of $1, contingent on a successful launch and continued demand. Rumors suggest a potential launch in Q1 2025.
Other altcoins mentioned include Hyperliquid (HYPE), which surged 4% in 24 hours with analyst Crypto Tony predicting a near-term target of $30, and Lighter (LIT), a zero-knowledge rollup project on Ethereum that saw a weekly surge of 11.7% before a slight pullback. The piece also references broader market dynamics, such as prediction market platform Polymarket quietly introducing taker-only fees on its short-term crypto markets, a change seen as pushing traders towards utility-driven AI crypto projects.
