TinFun’s Mainnet Move Signals Faith in Ethereum’s Future

Ethereum-based NFT project TinFun is set to return to the Ethereum mainnet, according to recent developments in the blockchain and NFT market. The decision follows a broader trend of NFT projects and developers navigating the evolving Ethereum ecosystem, particularly after significant upgrades and shifts in network usage. The project’s move is being closely watched as it reflects both the technical and economic dynamics shaping the Ethereum platform.

TinFun, a collection of NFTs characterized by detailed designs and a fantasy-themed aesthetic, has maintained a presence on the Ethereum blockchain since its inception. Each NFT within the TinFun collection includes distinct traits such as hair styles, clothing, and accessories, with varying levels of rarity. The project’s contract address, 0xc274a97f1691ef390f662067e95a6eff1f99b504, operates under the ERC-721 token standard, with a 5% royalty fee allocated to the creator for secondary market sales [1]. The project’s presence on the Ethereum mainnet underscores the continued relevance of the chain for high-profile NFT initiatives, even as users increasingly adopt Layer-2 solutions for cost efficiency.

The broader Ethereum network has seen a 44% decline in revenue in August 2025, dropping to $14.1 million from $25.6 million in July. This reduction is attributed to the Dencun upgrade, which improved transaction efficiency by moving data off the mainnet. While these changes reduced Layer-1 transaction volumes and associated fees, they also encouraged a shift to Layer-2 solutions, which offer faster and cheaper transactions [2]. The reduced Layer-1 demand has not dampened institutional interest in Ethereum, with firms such as Etherealize securing $40 million in new funding to support Ethereum-based corporate initiatives.

In parallel, Ethereum’s testnet infrastructure has also seen significant changes. The Holesky testnet, one of the largest used for validator and protocol testing, is being shut down following the Fusaka upgrade. The Ethereum Foundation announced the planned deactivation, citing technical limitations and inactivity issues that made the network impractical for further testing [3]. Developers and validators are now being directed to the newer Hoodi testnet, which supports the latest upgrades and is expected to serve as a more stable environment for future Ethereum developments.

The migration of TinFun back to the Ethereum mainnet highlights the platform’s continued appeal for NFT creators and collectors despite challenges in revenue and transaction volume. The move could signal confidence in Ethereum’s long-term potential as a platform for digital assets, particularly as upcoming upgrades like Pectra and Fusaka aim to enhance scalability and improve the user experience. These developments suggest that while the immediate economic impact of Ethereum’s network changes may be mixed, the ecosystem remains focused on innovation and long-term growth.

Source: [1] TinFun 6369 (https://nft.sharpe.ai/ethereum/asset/0xc274a97f1691ef390f662067e95a6eff1f99b504:6369) [2] Ethereum Revenue Drops by 44% in August, Even as ETH ... (https://www.moroccoworldnews.com/2025/09/258347/ethereum-revenue-drops-by-44-in-august-even-as-eth-hits-4957-record-price/) [3] Ethereum Shuts Down Holesky Testnet After Fusaka ... (https://coinmarketcap.com/academy/article/ethereum-shuts-down-holesky-testnet-after-fusaka-upgrade)