... while others represent platforms for creating decentralized applications. A prime example of the latter is Ethereum (ETH), the second-largest cryptocurrency by market capitalization. Ethereum is not just a cryptocurrency; it is an entire blockchain network platform with smart contracts that allow the creation of new tokens and services leveraging its infrastructure. This has led to the emergence of projects based on Ethereum and similar platforms—decentralized finance (DeFi), non-fungible tokens (NFTs), etc.—which significantly expand the application possibilities of cryptocurrencies. It is essential ...

... Programs Tax Incentives and Cost Savings Skolkovo provides tax incentives for residents, significantly reducing financial expenses. This is particularly important for startups that need to invest significantly in research and development. Access to Unique Infrastructure Residents gain access to laboratories, research centers, modern offices, and other facilities that help accelerate the development of innovations. Network Connections and Investment Attraction Opportunities Skolkovo actively assists startups in establishing connections with potential partners and investors by organizing meetings and events aimed at attracting funding. Support in Intellectual Property ...

... example, the viral mini-application Paws on Telegram migrated from the TON blockchain to Solana to leverage Solana's advantages for NFTs, DeFi, and Web3 gaming​. Although the short-term meme coin boom at the beginning of 2025 significantly increased network load and fees, subsequent activity declined along with a cooling market for meme tokens​. Nevertheless, Solana's underlying infrastructure has reportedly become "100 times better," according to supporters, who point to improvements in technology and network reliability despite the decline in hype​. Partnerships and Institutional Investments in Solana. Corporate ...

... the immediate impact of the Cancun Upgrade on ETH's price is indirect—it reduces load and fees, making the Ethereum ecosystem more attractive. Investors perceive successful hard forks as positive signals: the Ethereum team continues to develop the network according to plan (with the next steps focusing on further scaling and improving the underlying infrastructure). Thus, technological advancements (such as the implementation of sharding protocols, Verkle trees, and other improvements) reinforce trust in Ethereum and create a foundation for its price growth in 2025. Decentralized Finance (DeFi) and ...

..., which could "break" some applications. Even with a phased transition, where VM support operates in parallel, fragmentation is unavoidable: different clients and validators will operate on different protocol versions. This will complicate network support and increase infrastructure demands. The technical complexity of the transition is also critical. It will be necessary to rewrite client specifications, ensure that no vulnerabilities exist in the new execution, and test the interoperability of RISC-V and EVM. The ...