Ethereum Watch

Advertisements Monthly ETH withdrawals are now around $1.2 billion. The historical ETH balance on Binance hits its lowest in months. Ethereum [ETH] experienced a significant outflow in the past week, contributing substantially to the total outflow volume for the entire month. How has this impacted the available supply on exchanges, particularly Binance, the largest exchange? […]

Recent data shows that Solana-based decentralized exchanges (DEXs) have taken Ethereum’s spot in a key metric, creating expectations and positive sentiment for the Solana (SOL) ecosystem. Advertisements Solana DEXs Outperform Ethereum According to data from DeFiLlama, Solana-based decentralized exchanges (DEXs) have flipped Ethereum in daily trading volume. Over the last 24 hours, Solana’s $1.14 billion […]

Ethereum (ETH) has established itself as a favorite crypto asset, with speculations mounting over its potential to hit the $10,000 mark by 2030. Advertisements Amidst the buzz surrounding Bitcoin and the introduction of new spot Bitcoin exchange-traded funds (ETF), Ethereum’s rally has been anticipated. Can Ethereum’s Dominance in DeFi Sector Result in 5X Price Growth […]

Advertisements Over half of ERC-20 tokens launched in 2023 showed patterns of scams. Interactions with these scam tokens have been kept under 2%. Ethereum [ETH] is the largest decentralized finance (DeFi) platform globally. It hosts numerous platforms that leverage the ERC-20 token standard for launching tokens. However, recent reports show that some of the tokens […]

Advertisements Ethereum has completed the second testnet upgrade. ETH concluded the month with a decline. Ethereum [ETH] is nearing the implementation of the Dencun upgrade on its mainnet, having recently activated the upgrade on another of its testnets. Despite the coming upgrade, the network still holds the majority share of the Total Value Locked (TVL). […]

A crypto analyst, Eric, believes Ethereum (ETH) could spike to $20,000 in the upcoming bull run. The analyst said the potential launch of spot Ethereum exchange-traded funds (ETFs) in the United States will propel this upswing. Advertisements Ethereum To $20,000 Possible In a post on X, Eric cited Ethereum’s historical tendency to mirror Bitcoin (BTC), albeit […]

Advertisements The Ethereum network saw a 28% jump in the creation of daily addresses.  The increase in spot prices failed to move the derivatives market. Ethereum [ETH] has recovered well since its precipitous fall on the 22nd of January, which saw the second-largest asset lose 10% of its value. The second-largest asset clocked a steady […]

The Securities and Exchange Commission (SEC) is poised to follow a similar approach to approving spot Bitcoin (BTC) exchange-traded funds (ETFs) for spot Ethereum ETFs, with the expectation that approval will be granted on the initial final deadline of May 23, as per Standard Chartered Bank analysis. Advertisements Ethereum ETFs Face Delays, Approval Remains Likely […]

Advertisements The trading volume of Solana’s DEX, Jupiter, surpassed Uniswap in the past 24 hours. The SOL market remained plagued by bearish sentiments as the price moved sideways.  Solana [SOL]-based decentralized exchange (DEX) Jupiter saw its trading volume climb significantly in the last 24 hours, surpassing Ethereum [ETH]-based Uniswap [UNI], according to data from CoinGecko. […]

Advertisements Ethereum’s staking market cap surged to $65.45 billion. ETH’s liquid supply has been going downhill over the last two years. Ethereum [ETH] staking showed no signs of saturation as the total supply locked in ETH’s deposit contract surged to a fresh all-time high (ATH). ETH staking on a roll According to AMBCrypto’s analysis of […]