According to Odaily, Taiko has announced significant progress in optimizing its protocol since the mainnet launch. The team has successfully reduced L1 gas costs by over 30% while maintaining contract upgradability. As they continue to refine gas optimization strategies, the focus is now shifting to new features and improvements. Key development areas identified include enhancing L2 EIP-1559, introducing transaction preconfirmation, implementing new transaction types such as Sponsored Transactions, supporting Cancun EVM, enabling contract use of calldata as DA, and improving minimum tier selection. Additionally, the Ontake upgrade will incorporate these features and improvements, with testing on the Hekla testnet planned before October and a mainnet upgrade scheduled for Q4 this year.

According to Odaily, CryptoQuant analyst AxelAdlerJr has reported a significant decrease in the number of Bitcoin deposit addresses on exchanges, reaching a low of 25,000. This development is seen as a crucial indicator that may suggest a shift in investor strategy regarding Bitcoin holdings. The analysis indicates that the reduction in addresses prepared to sell Bitcoin suggests that most holders prefer to retain their assets, anticipating further price increases. From a behavioral economics perspective, this trend may reflect growing confidence among Bitcoin investors. This change in behavior could be driven by factors such as increased institutional investment in cryptocurrencies. Additionally, the decreased willingness to sell assets may lead to a reduced supply of Bitcoin in the market. With stable or increasing demand, this could result in a price rise, signaling a bullish outlook for the market.