A recent survey by Paradigm revealed the growing importance of crypto in the US, indicating policymakers should be paying attention. The poll suggests that dissatisfaction with traditional financial institutions is driving people toward crypto, with 19% of respondents owning it. Ownership is highest amongst college graduates and minorities. The survey also shows that crypto holders make up a significant voting bloc, enough to potentially influence election outcomes, indicating political parties should develop thorough crypto policies.

Paradigm has released its roadmap for scaling the Reth Ethereum execution client. The roadmap proposes changing the scalability metric from transactions per second to gas per second as a more nuanced way to understand the network's computational throughput. Paradigm plans to use vertical and horizontal scaling — accomplished via a parallel EVM, multi-rollup support, and cloud-native nodes, among other improvements — to achieve 1 gigagas/s, 200x faster than Base and 800x faster than mainnet.

Paradigm has announced the release of Reth 1.0, a production-ready Ethereum execution client, after two years of development and a successful audit by Sigma Prime. It features reduced costs and enhanced stability, performance, security, and service performance. The team behind Reth 1.0 has invited industry players to integrate it into their Ethereum mainnet infrastructure.

Paradigm recently polled registered Democrats, finding that there's been a strong shift within the party towards crypto. Embracing crypto could be crucial for VP Harris's campaign to regain support from some Democrats who are currently leaning towards Trump because of perceived hostility towards crypto by the Biden Administration. The poll reveals strong interest from Democrats in maintaining financial privacy and power.