• Vitalik proposes Partially Stateless Nodes.

• Succinct introduces its PROVE utility token.

• Liquity V2 goes live on Ethereum mainnet.

• EF Next Billion announces Season of Internships.

Vitalik Buterin published an Ethresearch article outlining how to preserve the ability for users to run full nodes as Ethereum increases its L1 gas limit. While increasing the gas limit improves scalability, it also raises bandwidth and resource demands, which can lead to centralization. Vitalik emphasizes that full nodes are valuable not just for validating the chain but also for providing trustless, censorship-resistant, and privacy-preserving local RPC access. Vitalik proposed partially stateless nodes, a new node type that verifies the chain while storing only a subset of the state. It allows users to maintain local access to data while reducing storage requirements significantly.

Succinct Labs introduced the Succinct Network, a decentralized protocol designed to connect provers with requesters. The network functions as a verifiable, high-performance two-sided marketplace for fast, secure, and transparent proof generation. Succinct also introduced $PROVE, its native utility token for the network. PROVE will be used to pay for proofs, secure the network through staking and slashing, and govern protocol parameters. The architecture blends an offchain auctioneer, which manages proof request matching and bidding, with onchain Ethereum smart contracts. The network will launch on testnet in the coming weeks.

Decentralized borrowing protocol Liquity deployed its V2 release on Ethereum mainnet. Users can now deposit multiple collateral types, including rETH and wstETH, to borrow BOLD, Liquity’s new yield-bearing stablecoin. Borrowers can set their own interest rates and can access high loan-to-value (LTV) ratios when using LST collateral. Users can deposit BOLD into the Stability Pool to earn rewards. Liquity V2 also introduces Protocol Incentivized Liquidity (PIL), enabling LQTY stakers to direct interest revenue subsidies to specific liquidity pools while still earning fees and rewards. Users can interact with Liquity V2 via ecosystem front ends like DeFi Saver.

The EF Next Billion team announced the Ethereum Season of Internships, a new initiative offering paid, fully remote internships across the Ethereum ecosystem from August to October 2025. Designed to bridge the gap between entry-level interest and long-term contribution, the program provides opportunities in development, research, design, legal, finance, and marketing. Projects actively contributing to the Ethereum ecosystem can apply to serve as host organizations, mentoring and managing interns throughout the 12-week program. The deadline to apply as a host organization is May 28, 2025, while intern applications are due by June 29, 2025.

• GENIUS Bill passes

• Circle may be acquired

• Safe goes live on Lens Chain

• Curve vote to remove whitelist

• WCT airdrop to Zerion users

• U.S. investigates Coinbase leak

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