The cryptocurrency market continued its strong start to the new year, with Bitcoin (BTC) getting closer to the $93,000 mark and Ethereum (ETH) closing in on $3,200 as momentum picks up. Investor sentiment around ETH could have been buoyed by Vitalik Buterin’s claim that Ethereum has solved the blockchain trilemma, one of the biggest challenges confronting crypto.
Husky Inu AI (HINU) Completes Move To $0.00024470
The project’s official launch date is under four months away, but the team has not ruled out moving the launch to an earlier or later date. The team will conduct a series of review meetings to determine the project’s launch date. The first two review meetings were held on July 1, 2025, and October 1, 2025, while the third is scheduled for January 1, 2026. Husky Inu has raised $717,746 so far, but could struggle to reach its stated goal of $1.2 million.
Cryptocurrency Market Rallies As Bitcoin (BTC) Nears $93,000
The cryptocurrency market has started the week in positive territory, with Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and other tokens registering notable price increases over the past 24 hours. BTC reclaimed $90,000 over the weekend and briefly crossed $93,000 early on Monday before moving to its current level of $92,559. The flagship cryptocurrency is up 1.31% over the past 24 hours. ETH followed a similar trajectory after consolidating above the $3,000 mark. The world’s second-largest cryptocurrency spiked to an intraday high of $3,209 early on Monday before moving to $3,162, up almost 1% over the past 24 hours.
Ripple (XRP) is up over 3% in the past 24 hours, while Solana (SOL) is up over 1% at $135. However, Dogecoin (DOGE) is down almost 1% at $0.150. Cardano (ADA) has registered a marginal increase, while Chainlink (LINK) is up 1.49% at $13.56. Stellar (XLM), Hedera (HBAR), and Toncoin (TON) are also trading in positive territory. However, Litecoin (LTC) and Polkadot (DOT) have bucked the bullish trend after registering notable declines over the past 24 hours.
Vitalik Buterin Claims Ethereum Has Solved The Blockchain Trilemma
Ethereum co-founder Vitalik Buterin has claimed Ethereum has solved one of the biggest challenges confronting crypto: The blockchain trilemma. Buterin highlighted the potential of peer data availability sampling (PeerDAS) and Zero-Knowledge Ethereum Virtual Machines (ZK-EVMs), and how the two upgrades are making Ethereum a “fundamentally new and more powerful kind of decentralized network.” Buterin stated,
“Now, Ethereum with PeerDAS (2025) and ZK-EVMs (expect small portions of the network using it in 2026), we get: decentralized, consensus and high bandwidth. The trilemma has been solved - not on paper, but with live running code, of which one half (data availability sampling) is *on mainnet today*, and the other half (ZK-EVMs) is *production-quality on performance today* - safety is what remains.”
PeerDAS was introduced in December’s Fusaka upgrade and enables Ethereum to handle substantially more data. On the other hand, ZKEVMs are virtual machines compatible with ZK Proofs and the existing Ethereum Virtual Machine (EVM).
