Ethereum Watch

Advertisements XRP now makes up over 1% of the Grayscale large fund portfolio. Polygon continues to decline after the market crash. Grayscale recently adjusted its extensive portfolio of funds by adding and removing certain digital assets. Ripple [XRP] and Polygon [MATIC] were involved in this rebalancing, but what roles did they play? XRP in, MATIC […]

Advertisements ETH stored off exchanges outweighted the custodial coins. A 50% rally may open if exchange inflow reduces and volatility remains high. The number of large addresses holding Ethereum [ETH] held on non-exchange wallets tapped a new All-Time High (ATH), AMBCrypto noted. In the same vein, the top 150 exchange wallets have been decreasing. On-chain […]

Arbitrum, a prominent Layer-2 (L2) scaling solution, has been on a remarkable upward trajectory since the launch of its native token, ARB, in March 2023. The past 30 days witnessed a staggering 74% surge in ARB’s value, underscoring the growing market interest in the protocol. Advertisements Notably, Arbitrum’s daily decentralized exchange (DEX) volume has experienced […]

Solana co-founder Anatoly Yakovenko has expressed confidence that their blockchain can handle the growing demand for decentralized applications (dapps) without needing layer-2 solutions like those employed by Ethereum. Advertisements Solana Doesn’t Need Layer-2 Solutions In a post on X, Yakovenko argued that Solana’s design, which utilizes a hybrid consensus mechanism, enables it to scale efficiently without […]

Advertisements ETH witnessed its highest drop in over two months. The Ethereum in profit has gone below 80%. Ethereum [ETH] experienced a significant decline in its price, leading to a corresponding decrease in profit supply. Ethereum sees highest drop in months On the 2nd of January, Ethereum faced a notable decrease of over 6%, settling […]

With all attention focused on the premise of a spot Bitcoin ETF, the steady increase in collateral locked on Ethereum layer-2 networks has gone unnoticed. L2 TVL has reached an all-time high this week, but will ETH prices start to move yet? Advertisements According to layer-2 ecosystem platform L2beat, the total value locked across all […]

Advertisements NFT sales volume on the Bitcoin network exceeded Ethereum in December. This occurred despite Ethereum recording a  higher transaction count. The Bitcoin [BTC] Network outpaced Ethereum [ETH] as the blockchain with the highest non-fungible token (NFT) sales volume in December, marking the second such occurrence in just two months. According to data from CryptoSlam, […]

Advertisements Despite a delay in the Ethereum ETF decision, ETH’s price may rally. On-chain data showed that the altcoin may rise above $3,600. Ethereum [ETH] could be one of the best performers of this year’s first quarter, according to a recent revelation by Michaël van de Poppe. The founder of MN Trading noted that altcoins […]

Solana has continued its bullish sentiment in its ecosystem to flip Ethereum in the stablecoin market for the second week in a row, according to on-chain data. SOL’s price gain has slowed in the past week, showing a negative 2.3% in a 7-day timeframe at the time of writing. However, stablecoin transfers on the Solana […]

Advertisements ETH may fall to $2,215 as large sell-off spreads. Traders are confident that the altcoin will recover in no time. According to Whale Alert, a whale sent 14,610 Ethereum [ETH] tokens to the Coinbase exchange on the 30th of December. The transaction was the second one within 12 hours after an initial transfer involving […]