Highlights:
SharpLink Gaming, one of the world’s largest Ethereum (ETH) holders, has advanced its effort to boost Ethereum adoption and treasury productivity. According to a recent press release, the Ethereum holding firm plans to deploy $200 million worth of ETH from its corporate treasury onto Linea. Developed by Consensys, Linea is a Layer 2 network and a major Ethereum contributor, backed by top investors like Microsoft and Coinbase Ventures.
SharpLink stated that the ETH deployment will happen gradually under a risk-managed multi-year strategy. The company also plans to leverage the growing opportunities within Ethereum staking, restaking, and Decentralized Finance (DeFi) ecosystems for more yields.
By moving funds to Linea, SharpLink hopes to earn secure and high ETH-based returns via three key sources. They include native Ethereum yield, restaking rewards from EigenCloud services, and incentives from Linea and ether.fi, its staking partner. Notably, SharpLink’s assets will remain under the custody of Anchorage Digital Bank, a regulated US custodian, to ensure security and compliance.
Joseph Chalom, SharpLink’s Co-CEO, reacted to the move, noting that it reflects the company’s professional approach to digital assets’ investments. The Co-CEO also stated that his company is proud to be one of the early institutional adopters of Linea.
Chalom added:
By integrating Consensys, either.fi, Eigen Labs, and Anchorage Digital, SharpLink has opened a new pathway for DeFi yields on Ethereum. Joseph Lublin, Consensys Founder and CEO, sees the partnership as a blueprint for institutional blockchain finance. He added that Ethereum has evolved into a programmable foundation for modern financial markets, enabling on-chain asset movement and expansion. The CEO also stated that Linea will make ETH more productive for adopters to earn greater on-chain returns.
Mike Silagadze, either.fi’s CEO expressed excitement about the partnership, reiterating his company’s commitment to bringing the best risk-adjusted returns to institutions. “At scale, ETH treasury managers need trusted, efficient venues to put their assets to work – and these companies are setting the standard for doing so with both trust and operational excellence,” Silagadze added.
Sreeram Kannan, Eigen Labs’ CEO and Founder, also spoke about the partnership. He said the move placed SharpLink at the center of Ethereum’s restaking ecosystem. He also noted that the integration will help EigenCloud to power a new wave of Ethereum-based services, spanning verifiable AI, insured DeFi, and decentralized infrastructure.
At the time of writing, Ethereum is trading at about $4,105, following a 1.2% decline in the past 24 hours. Within the same timeframe, ETH fluctuated between $4,072.42 and $4,231.28 with a trading volume of $26.82 billion. Other extended period price change data, including their 7-day-to-date and month-to-date variables, reflected increments of about 6.3% and 3%, respectively.
Meanwhile, SharpLink currently holds 860,299 ETH worth roughly $3.58 billion. The company paid an average of $3,609 per ETH token. It has also accumulated 6,116 ETH as proceeds from staking rewards.
Source: CoinGecko
eToro Platform
Best Crypto Exchange
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.



Highlights: The BNB price is down 2% to $1111.46, despite the trading volume spiking 26%. The BNB on-chain demand has slipped, with the open interest plummeting 3% showing a drop in demand. The technical outlook shows a tight tug-of-war, with the bulls attempting to overcome resistance zones. The BNB price is down 2% today, to trade at $1111.46. Despite the plunge, the daily trading volume has soared 26% showing increased market activity among traders. However, BNB Chain has seen declining network activity, with the open interest plummeting, signaling a drop in demand. On Chain Demand on BNB Cools Off The BNB Chain is in a state of cooldown of network activity, which indicates low on-chain demand. In most instances, when a network fails to ensure large volumes or revenues, it means that there is low demand or outflows to other networks. BNB DeFi Data: DeFiLlama According to DeFiLlama data, the volume of the Decentralized Exchanges (DEXs) is down to at least $2.12 billion in comparison to the high of $6.313 billion on October 8, which also means low on-chain liquidity. On the other hand, Coinglass data shows that the volume of BNB has grown by 3.97% to reach $4.95 billion. However, the open interest in BNB futures has dropped by 3.36% to reach $1.74 billion. This reduction in open interest is an indication of a conservative stance by investors since the number of new positions being opened is low. This could be an indication that investors are not so sure about the short-term price outlook. BNB Derivatives Data: CoinGlass Meanwhile, the long-to-short ratio is sitting at 0.9091. This shows that the traders are undecided on BNB price’s next move, as it sits below 1. BNB Price Moves Into Consolidation The chart displays the BNB/USD price action on a 4-hour timeframe, with the token currently hovering around $1111.46. The 50-day Simple Moving Average (SMA) is at $1113, while the 200-day SMA sits at $1129, cushioning the bulls against upside movement. The price has mostly been trending below both SMAs, indicating that the bears are having the upper hand. The BNB trading volume is up, soaring 26%, signaling the momentum is real. On the 4-hour chart, BNB is trading within a consolidation channel. In such a case, this pattern may act as an accumulation period, giving the bulls hind wings to break above resistance zones. BNB/USD 4-hour chart: TradingView Zooming in, the Relative Strength Index (RSI) sits at 44.15, below the 50 level. This shows weakening momentum in the BNB market, and might lead to the RSI plunging to the oversold region if the bulls don’t regain control. In the short term, the BNB price could move up to $1113 resistance and flip it into support. A close above this zone will see the bulls target $1126 resistance, giving the bulls strength to reclaim the $1230 mark. Conversely, if the resistance zones prove too strong, a dip towards $1012 could be plausible. In such a case, this could be a prime buy zone for the risk-takers. In the long term, if the token keeps the hype alive, the bulls may reclaim the $1375 high or higher. eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.