What Ethereum Tech Trends Are Weathering the Bear Market?

Last weekend was exciting for crypto speculators, with the prices of bitcoin (BTC), ether (ETH) and other coins shooting up by double-digit percentages. Zoom back on this price chart and the image gets clearer: things aren't that hot.

A year ago, each crypto journalist's inbox was full of fundraising announcements from decentralized financial corporations (defy) and non-figuble projects (nft). From algorithmic stablecoins to agricultural production platforms and land sales in metaverse, every new story seems to attract hundreds of millions of dollars in venture capital.

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Today, inboxes are empty and buzzwords seem not to be enough to attract $10 million. But the situation has not completely calmed down. Some teams have continued to woo investors and Crypto Twitter amid the market downturn.They generally seem to have more technical, infrastructure-focused pitches relative to the speculative lending platforms and colorful Web3 projects of the past.

In Europe, some of the most important areas for technology investment are listed below. .

Zero-knowledge and scaling

Zero-knowledge (ZK) technology continues to be among the frothiest sectors for investors. Zero-knowledge and scalingZero-knowledge (ZK) remains one of the most uncertain industries for investors.

The technology is complex. Some of the teams building ZK tech for Ethereum include Scroll, Matter Labs and Polygon – each of which is building a rollup to scale Ethereum using ZK proofs. Some of the teams that build zk tech for ethereum include parchments, material laboratories and polygons – each of them builds a rollup to size ethereum using zk proofs.

Read more: Zero-Knowledge Cryptography in 2023: The Year Privacy Becomes Practical

Staking

Ethereum’s shift to proof-of-stake ditched crypto miners for crypto validators, also called “stakers” – people who lock up, or “stake,” crypto with the network and earn rewards for helping keep it secure.

Read more: Cryptography at zero knowledge in 2023: the year when privacy becomes praticableThe transition from thereingeum to evidence of the challenge of crypto miners ditches for crypto validators, also known as "punters" – those who lock their doors, or "bet," crypto with the network and earn rewards to assist in maintaining security. Continue Reading: Zero-Knowledge Cryptography in 2023: The Year Privacy Becomes PracticalStakingEthere's shift to proof-of-stake ditched crypto miners for crypto validators, also known as "punters" – those who lock their doors, or "bet," crypto with the network and earn rewards to assist in maintaining security.

On another end of Ethereum staking land is Obol Labs, which announced this week that it just raised $12.5 million in series A funding to build out its approach to distributed validator technology (DVT). Pitching itself as A "versatile market for decentralised confidence," eigenlayer allows people to "restake" tokens they have locked in to validate ethereum – reuse of these tokens to help secure other ethereum.on middleware another end of ethereum running through the earth is obol labs, who announced this week that he has just collected $12.5 million in serial funding to build his approach to distributed validation technology (dvt).

Read more: Crypto Staking 101: What Is Staking?

MEV: Maximal Extractable Value

Maximal extractable value (MEV) is a kind of profit that one can earn by analyzing Ethereum’s pending transaction pool (the “mempool”) to find profitable trades. Mev: maximum extractable valuemaximal extractable value (mev) is a kind of profit that can be gained by analyzing Ethereum's pending transaction pool (the "mempool") for profitable trades.

Originally considered a plague on the whole ecosystem, since mev-optimists often use strategies that eat away at other traders' profits, Companies such as flash bots have been working for a long time to disseminate the wealth of MEV to a greater number of stakeholders.

As Memo extraction has become fairer, it has become a lucrative craft industry, and Memo-oriented businesses continue to attract attention and obtain financing despite broader market conditions. Flashbots, on the other hand, has increased in importance since ethereum passed to prove the issue in September. Flashbots also made waves two months ago with the announcement that it was building SUAVE – a new blockchain that will run in parallel with other networks to provide a kind of decentralized MEV market.

Read more: What Is MEV, aka Maximal Extractable Value?