Here’s Where Ethereum Price Is Headed in the Next 24–48 Hours

PANews reported on August 26 that according to official Stargate news, LayerZero Foundation has officially completed the full acquisition of Stargate (STG), including the protocol, tokens and treasury. After the acquisition, STG tokens will be convertible into LayerZero's native token, ZRO, at a fixed exchange rate (1 STG = 0.08634 ZRO), with the exchange window remaining open. Furthermore, StargateDAO will be dissolved, and STG staking will cease. However, previously locked STG will be automatically unlocked and can be redeemed for ZRO at any time. Furthermore, all veSTG holders who locked up their STG before August 10th will receive 50% of the protocol's Stargate revenue over the next six months, with the remaining 50% allocated for ZRO buybacks. Earlier news came out that Stargate DAO has approved LayerZero’s acquisition of Stargate (STG) .

Gamblers are still mindlessly following various junk projects on Pump.Fun, while smart money is making 5 to 10 times the profit through new projects on Virtuals.

PANews reported on August 26 that BitMine Chairman Tom Lee forwarded the views of its fund analyst Mark Newton, saying that ETH currently has a good risk-return ratio and is expected to bottom out at $4,300 in the next few hours and begin to rebound to a new high, with a target price range of $5,100 to $5,400-5,450.