Ethereum Watch

All eyes have been on Bitcoin this week as the asset surged to a two-year high of $50,000. Ethereum has been lagging behind so far, but there are several narratives based on fundamentals that suggest it could outperform during this bull market cycle.  Advertisements Ethereum has been the sleeping tiger in this year’s crypto rally. […]

Advertisements Ethereum’s fees jumped 270% between the 5th and the 9th of February. ETH rose over 9% in the last week in USD terms. The blockchain ecosystem has seen a meteoric rise in recent years, with the entry of several new projects and advancements of the existing ones. However, amidst all these developments, the status […]

Advertisements Scaling solutions handled 5.17x more transactions than the base layer in the last seven days. The TVL on ETH L2s jumped fourfold over the last year. The Ethereum [ETH] layer-2 (L2) landscape has expanded by leaps and bounds in the past year. The blockspace’s demand for scaling solutions has hit the roof, with users […]

Advertisements Arbitrum accounted for over 50% of ETH’s total transaction volume across top optimistic rollups. Arbitrum had the highest TVL among all ETH scaling solutions. Despite the emergence of several Ethereum [ETH] scaling solutions in the past year, Arbitrum’s [ARB] dominance in the landscape has remained largely intact. Arbitrum scales Ethereum and how! According to […]

Advertisements BTC and Ethereum lead the 7-day increase metric. BTC and ETH have contributed to the increase in the general market cap. Over the last seven days, both Bitcoin [BTC] and Ethereum [ETH] witnessed price increases, consequently impacting their respective market caps. Furthermore, the growth observed in these two assets has contributed favorably to the […]

Ethereum (ETH) is showing a noteworthy pattern in the options market. According to data from Deribit, a leading platform for crypto futures and options trading, there’s a significant concentration of call options for ETH around the $4,000 strike price for both the June and September expiries. Advertisements Options Traders Anticipate $4,000 Ethereum This accumulation of […]

Advertisements Almost 365 days after the Shapella upgrade, validators have staked 25% of ETH’s supply. ETH remained deflationary, indicating a long-term bullish potential. AMBCrypto’s query on Nansen’s dashboard showed that about 25% of the total Ethereum [ETH] supply has been staked. This percentile amounts to 30 million ETH. From the result of the query, Nansen […]

Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently announced the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization.  Advertisements Fortune Magazine reported that the company’s strategy is to compel regulators, particularly the Securities and Exchange Commission […]

Advertisements The final Ethereum testnet has gotten upgraded. Ethereum’s TVL has added nearly $3 billion in the last three days. Recent reports indicate that Ethereum’s [ETH] developers have reached the penultimate stage of the Dencun mainnet upgrade. Holesky gets an Ethereum upgrade As of a recent announcement from an Ethereum developer, the anticipated final deployment […]

Ethereum (ETH) has made significant strides in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet.  Advertisements This is seen as a crucial step towards deploying the upgrade on the mainnet, signaling Ethereum’s progress in improving transaction efficiency, and scalability and reducing transaction fees by up to 90%. […]