Latest EthereumPoW (ETHW) News Update

Deep Dive

1. ETF Speculation Intensifies (9 June 2025)

Overview: Analysts identified ETHW as a potential ETF candidate due to its persistence as Ethereum’s original proof-of-work chain post-Merge. With $7.56M daily volume and a 107.8M circulating supply, ETHW’s niche appeal hinges on miners and users resisting the shift to proof-of-stake.
What this means: This is bullish for ETHW because ETF inclusion could legitimize its role as an Ethereum alternative, though adoption remains speculative. (CryptoNewsLand)

2. Bitfinex Delisting (16 July 2025)

Overview: Bitfinex delisted ETHW alongside 9 other tokens, citing low liquidity and shifting priorities. Deposits closed on 16 July, with withdrawals permitted until 18 September 2025.
What this means: This is bearish for ETHW as reduced exchange support may limit trading accessibility and deepen price volatility. (Bitfinex)

3. Funding Rate Adjustments (22 May 2025)

Overview: BloFin adjusted ETHW perpetual contract funding intervals from 8 to 4 hours to manage risk during price swings. ETHW’s 24-hour volume fell 3.19% to $7.56M around the change.
What this means: Neutral for ETHW – the tweak reflects market turbulence but could stabilize leveraged positions. (BloFin)

Conclusion

ETHW’s narrative oscillates between ETF optimism and operational headwinds like delistings. While institutional interest could revive its relevance, dwindling exchange support and thin liquidity pose risks. Will ETHW’s proof-of-work ethos outlast its challenges, or will market forces phase it out?

Deep Dive

1. @CoinMarketCap: RSI Overbought Warnings Bearish

“RSI Overbought(15m) ETHW $1.8562 78.73” – 28 July 2025 post
– @CoinMarketCap (20M+ followers · 1.2M+ impressions · 2025-07-28 05:06 UTC)
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What this means: ETHW’s 15-minute RSI hit 78.73 (above 70 = overbought) on July 28, signaling potential near-term exhaustion after a price spike to $1.85. Historically, such readings often precede 5-10% corrections.

2. @Assemble_io: ETF Inflows Boost Speculation Bullish

“Bitwise's ETHW recorded $14.45M inflow” – 17 July 2025 report
– @Assemble_io (28K followers · 93K impressions · 2025-07-17 11:30 UTC)
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What this means: ETHW saw institutional interest during Ethereum ETF rallies, with Bitwise’s ETHW product attracting $14.45M on July 17. However, August 3 data shows $40.3M outflow, revealing volatile ETF demand.

3. @Bitfinex: Delisting Shakes Confidence Bearish

“Delisting ETHW... withdrawals open until 2025-09-18” – 3 June 2025 announcement
– @Bitfinex (1.2M followers · 650K impressions · 2025-06-03 00:00 UTC)
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What this means: Bitfinex’s July 2025 delisting decision (effective September 18) removes a major liquidity pool, though perpetual contracts remain. Turnover ratio already sits at 12.7% – below top-100 coin averages.

Conclusion

The consensus on ETHW is mixed, torn between ETF-related optimism and technical/exchange headwinds. While institutional flows via Bitwise’s product ($399M cumulative assets) suggest niche demand, the 66% price drop since July highs underscores volatility risks. Watch the $0.54 support level – a break below could accelerate declines given shrinking exchange support. Does the PoW purist narrative hold enough weight against Ethereum’s dominant PoS ecosystem?

Deep Dive

1. 4G DAG Support (TBD)

Overview: The ETHW Core team previously proposed enabling 4GB DAG file sizes to extend GPU mining viability as Ethereum Classic’s DAG approaches 4GB thresholds. This could attract miners displaced by ETC’s rising hardware requirements. No confirmed timeline exists, but community discussions suggest it’s a technical priority.
What this means: Neutral for ETHW. While it could temporarily boost miner participation, delays or technical hurdles might stall momentum.

2. Exchange Listings (Ongoing)

Overview: ETHW faces mixed exchange traction – Bitfinex delisted it in July 2025, while Bitwise’s ETHW ETF saw $14.45M inflows in July 2025. Competing narratives: declining liquidity vs. niche ETF demand.
What this means: Bearish near-term due to shrinking exchange access, but bullish if ETF adoption grows. Monitor spot volumes (currently $7.4M, -4.58% daily).

3. Ecosystem Growth (Long-Term)

Overview: ETHW’s value hinges on retaining PoW loyalists and attracting dApps. The chain supports EVM compatibility, but developer activity lags vs. Ethereum or Layer 2s. Recent RSI spikes (78.73 on 28 July 2025) suggest speculative interest, not utility-driven demand.
What this means: Neutral-to-bearish. Without clear incentives for builders, ETHW risks becoming a “zombie chain” reliant on ETF narratives.

Conclusion

ETHW’s path hinges on balancing miner retention and speculative ETF appeal, but lacks a clear technical or ecosystem roadmap post-2025. Will PoW purists sustain demand as Ethereum’s dominance grows?

Deep Dive

1. Replay Attack Protection (22 August 2022)

Overview: ETHW enforced EIP-155, requiring all transactions to include Chain ID signatures. This prevents cross-chain replay attacks, ensuring actions on ETHW (e.g., NFT trades) don’t affect Ethereum’s PoS chain.

The update hardcoded Chain ID validation into the protocol, eliminating risks of transaction duplication across forks. This addressed a long-standing Ethereum vulnerability that persisted due to backward-compatibility concerns.

What this means: This is bullish for ETHW because it enhances security for users interacting with its network, differentiating it from Ethereum’s PoS chain. Reduced attack risks could attract developers seeking a stable PoW environment. (Source)

2. Contract Freeze Proposal (22 August 2022)

Overview: ETHW Core tested a contract-freezing mechanism in a separate code branch, allowing temporary suspension of smart contracts during emergencies.

The feature was designed for governance-controlled pauses, such as halting exploits in decentralized apps. However, its integration into the mainnet remains undecided, pending community consensus.

What this means: This is neutral for ETHW. While added security could appeal to cautious users, centralized intervention risks conflict with decentralization principles. Traders should monitor governance decisions for updates. (Source)

Conclusion

ETHW’s last confirmed code changes focus on security and governance flexibility but date back to 2022. With no recent updates detected, development momentum appears stagnant. How might ETHW’s PoW focus adapt to evolving regulatory and technical landscapes?