The Ethereum network activated its Eezo Shunt upgrade, formally labeled version 1.17.1, on March 10, 2026, at 06:00 UTC. The upgrade, while not a major hard fork, introduced protocol-level refinements aimed at improving network efficiency. Major exchanges, including Binance, scheduled temporary suspensions of ETH deposits and withdrawals for approximately one hour around the upgrade window as a standard precaution. Trading on centralized platforms continued unaffected during the on-chain pause.
Concurrently, the decentralized finance (DeFi) platform Mutuum Finance (MUTM) is advancing through its development roadmap. The project has raised over $20.7 million from more than 19,000 holders and has entered Phase 3 of its roadmap. Its V1 protocol is live on the Sepolia testnet, where it has surpassed $200 million in Total Value Locked (TVL), allowing users to test core functions with assets like ETH, USDT, LINK, and WBTC.
Mutuum Finance operates a dual-market lending architecture. The Peer-to-Contract (P2C) model uses automated liquidity pools where lenders deposit assets to receive yield-bearing mtTokens. Borrowers can access instant, over-collateralized loans with Loan-to-Value ratios typically between 60-80%. The platform also offers a Peer-to-Peer (P2P) marketplace for custom-negotiated loans, useful for assets like Dogecoin (DOGE).
The native MUTM token, priced at $0.04, is central to the ecosystem's incentive structure. A buyback-and-redistribute mechanism uses a portion of platform fees to purchase MUTM from the open market, redistributing it to users who stake assets in the Safety Module. The platform's smart contracts have been audited by security firms Halborn and CertiK, the latter awarding a 90/100 token scan score and partnering on a $50,000 bug bounty program.
In contrast, Ripple (XRP) faces significant market pressure, with approximately 66% of its circulating supply in "loss territory," representing roughly $50.8 billion in unrealized losses. The token is trading around $1.35, struggling to reclaim the $1.40 resistance level after a 28% decline since the start of 2026. Despite this, on-chain data indicates larger investors have added 210 million XRP (worth ~$283.5 million) since March 5, suggesting long-term confidence.