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Flash News List

List of Flash News about global payments giant

Time Details
2025-10-15
19:47
ETH $6K Year-End Forecast: Global Payments Giant Launches New Ethereum L2 to Rival Base and Blast — Trading Setup and Catalysts

According to @MilkRoadDaily, ETH is still on track for 6,000 dollars before year-end and a global payments company has launched a new Ethereum Layer 2 that could compete with Base and Blast, pointing traders to potential rotation into ETH and L2 ecosystems if adoption expands. Source: @MilkRoadDaily on X, Oct 15, 2025. For trading confirmation, monitor ETH spot–perp basis, options skew, and L2 user and TVL growth; rising L2 activity can lift Ethereum transaction demand and ETH burn via EIP-1559, creating a structural supply tailwind during high on-chain usage. Sources: @MilkRoadDaily on X, Oct 15, 2025; Ethereum.org EIP-1559 documentation. Competitive impact versus Base and Blast will hinge on user acquisition, developer incentives, and fiat on-ramps from the payments network, which historically translate into higher on-chain volumes and fees that accrue to ETH through gas consumption. Sources: @MilkRoadDaily on X, Oct 15, 2025; Ethereum.org; L2 market analytics methodologies such as L2Beat.

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