Circle has reported a record $42 million in non-interest income for Q1, marking its fifth consecutive month of growth. This achievement highlights Circle's successful revenue diversification, reducing reliance on interest rates through platform services and API tools. Circle's shares surged over 18%, reaching $134.36, with a market cap of $33.06 billion.
The Ethereum Foundation announced significant progress on its "Glamsterdam" upgrade. The development network is live, with ePBS running on multi-client testnets and EIP-8037's repricing mechanism finalized. The Hegotá scaling roadmap is also advancing, alongside a leadership restructuring within the Protocol Cluster.
Circle Reports Record $42M Q1 Revenue, Ethereum Upgrade Advances
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