Ethereum Watch

Over the past week, the price surge in the LUNA token has caused it to rise to become the second most-staked primary digital currency in TVL leaving Ethereum behind. In addition, a data source reported this data showing that Terra’s LUNA coin passed the Ether coin, which currently has more than $28 billion in Total […]

One of the world’s biggest blockchains Ethereum is testing a new way to approve transactions. It will be merging the existing Ethereum mainnet with the Beacon chain of the Ethereum 2.0 system. It is scheduled for launch in the second quarter of 2022. However, an exact date has not been disclosed. Advertisements Logical month for […]

What is it about the largest altcoin that can make an investor bet on it? Well, the fact that Ethereum2.0 deposit address on 10 March exceeded the total number of ETH locked which stood at 10 million, at the time of writing. Despite this, the market trend hasn’t been in favor of ETH’s positive price action. Advertisements […]

Advertisements In brief: A community member of the r/ethstaker Reddit community has predicted that Ethereum’s merge could happen in June of this year The prediction outlined five reasons as to why June was a plausible timeframe for the merge between the current Ethereum mainnet using Proof-of-work, with the Beacon chain that uses Proof-of-Stake The highly […]

Advertisements The latest centralized exchange blockchain from LA Token claims to be the DeFi Hub for its users and is compatible with all Ethereum-based networks, though it is off to a slow start in an increasingly competitive ecosystem. Crypto platform LA Token has become the latest exchange to launch its own blockchain with the LACHAIN […]

A new DeFi project presents an opportunity for investors to become early adopters and reap the rewards of taking such a risk. On the other hand, things can go sideways and an exploit can quickly put an end to any tender hopes and dreams. Now, as a section of the Fantom community struggles to get […]

Advertisements The migration to the proof-of-stake consensus appears to be progressing well by all numerical accounts, potentially signifying an anticipatory demand for the network’s long-awaited upgrade. Quantitative analysis conducted on popular blockchain site Etherscan indicates that 184,441 transactions have been responsible for 10.2 million Ether (ETH) staked into the Eth2 (consensus layer) deposit contract since inception on […]

Ethereum implemented the EIP-1559 in 2021 and since then, ETH has been burned every day. This upgrade has pushed the network towards becoming deflationary, taking more than 30% that would have gone straight into circulation and burning it. Now, only seven months after the upgrade was implemented, the network has reached another milestone of ETH […]

Advertisements Data also shows that the average gas price on Ethereum has been dropping rapidly since the start of the year, plunging from 218 Gwei on Jan.10 to 40.82 on Wednesday. Gas fees for transactions on the Ethereum blockchain have dropped to the lowest levels since August. But, they’re still not cheap. According to data […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements From its ATH, the king alt has been on a steep downtrend over the last four months. The descent saw a clash between the buyers and sellers at the $3,100-mark Point of Control (POC, […]