Ethereum Watch

Advertisements Ethereum scaling remains the primary use case behind zero-knowledge proofs, according to a report from ZKValidator. Ethereum scaling protocols dominate the use of zero-knowledge rollups (ZK-rollups), with major launches, new research and healthy competition key points in a sector report published by ZKValidator. The node infrastructure operator’s “State of ZK Q2” report reflects on significant […]

Advertisements ETH’s NRPL has returned to negative territory. On-chain metrics revealed traders remain steadfast in coin accumulation.  After a few weeks of Ethereum [ETH] traders posting gains on their investments, the alt’s consolidation around the $1800 price range has caused its Net Realized Profit/Loss (NRPL) indicator to return to the negative territory, data from Santiment […]

Ethereum price failed again to clear the $1,900 resistance against the US Dollar. ETH is declining and might revisit the $1,825 support zone. Advertisements Ethereum topped near the $1,900 resistance and declined. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with […]

Advertisements The proposal to launch GHO on Ethereum’s mainnet reached quorum after protocol delegate AaveChan voted “Yae” on Wednesday. Aave DAO’s community wholly backed the plan as all members of the DAO voted in support with over 698,000 votes at press time. This comes after months of successfully testing the GHO stablecoin on the Ethereum […]

Advertisements Uri Kolodny, the co-founder and CEO of StarkWare, said that Starknet’s latest Quantum Leap upgrade makes high TPS a reality on the Ethereum mainnet. The much-anticipated Quantum Leap upgrade by layer-2 scaling protocol Starknet was recently deployed on the Ethereum mainnet, allowing for as much as 90 transactions per second (TPS), boosting the network’s […]

Advertisements ETH retail demand sees an uptick but whales counter with sell pressure. ETH’s price action indicates accumulation, however, buying pressure lays low.  Where is ETH currently in the grand scheme of things as far as adoption is concerned? We recently saw it struggle to retain value above $2,000, but this week something interesting is […]

Ethereum price is consolidating below the $1,900 resistance against the US Dollar. ETH could attempt another increase unless there is a close below $1,825. Advertisements Ethereum is trading in a range above the $1,850 level. The price is trading above $1,870 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

As developers pitch radical long-term scaling upgrades, Ethereum infrastructure builder ConsenSys has announced the alpha testing phase for a new zero-knowledge Layer 2 ZK mainnet, Linea. Advertisements According to the MetaMask operator, the Linea network has processed $46 million worth of transactions involving 5.5 million unique wallets. Will ConsenSys Linea ZK Mainnet Win Developers? The […]

Advertisements ConsenSys rolls scaling network Linea, which delivered faster throughput and 15 times lower transaction costs than Ethereum’s layer 1. The Ethereum ecosystem welcomes another layer-2 scaling solution as ConsenSys begins onboarding partners to its Linea network, which has produced significant scaling milestones in testing. Linea is an Ethereum layer-2 scaling network that allows developers to build […]

Share this article URL Copied Advertisements Rodeo Finance, a DeFi protocol residing on the Arbitrum blockchain, suffered its second significant exploit on July 11, resulting in a loss of 472 ETH, equating to approximately $888,000 million. The exploit was orchestrated through a code vulnerability within Rodeo’s Oracle. The exploiter transferred the stolen funds from Arbitrum […]