Ethereum Watch

Ethereum has failed to hold levels above $2,800, with the recent uptrend showing signs of weakening. Despite the exchange-supply ratio at record lows, ETH price continues to struggle. Ethereum [ETH] jumped to a multi-week high above $2,800 on the 24th of August as the broader cryptocurrency market rallied. ETH has since lost some of these gains, […]

The on-chain metrics showed bulls were eager to go long. The age consumed metric signaled caution while other metrics showed. The taker buy/sell ratio shot skyward for Ethereum [ETH] over the past couple of days. This metric tracks the taker buy volume to sell volume ratio. Values below 1 indicate bearish sentiment. Advertisements Advertisements Source: […]

Ethereum formed similar structures on the price charts at similar times ETH set to close the gap created after falling below the critical support band Ethereum’s [ETH] recent price recovery from the $2,100-level has sparked speculation that it may replicate its 2016 and 2019 successes in 2024. Advertisements With Ethereum (ETH) poised to close a […]

Galaxy research noted that since Dencun, transactions on Ethereum layer 2s have more than doubled, likely because of bots. The Ethereum mainnet has also seen a notable decline in total revenue and ETH burned.  The Ethereum [ETH] Dencun upgrade went live in March this year. While it had the desired effect of making layer 2s […]

ETHA surpassed $1 billion in inflows, leading Ethereum ETFs despite mixed market sentiment. ETHE faces continued outflows, while Bitcoin ETFs like IBIT outperform Ethereum investments significantly. Following the debut of the Ethereum [ETH] ETF, the market has experienced significant fluctuations. Advertisements BlackRock’s iShares Ethereum Trust (ETHA) has quickly established itself as a market leader, becoming […]

ETH users turn to private transactions over frontrunning Private transactions comprised 30% of the total volume, but consumed 50% of Ethereum’s gas. Throughout the year, crypto markets have experienced significant changes, development, and increased volatility. Advertisements Amidst these market changes, Ethereum [ETH] has witnessed growth in network activity, revenue, and address. Equally, the past year […]

Ethereum demonstrated signs of recovery, though it remained below previous highs amid cautious market sentiment. Rising Ethereum exchange outflows indicated investor confidence, possibly pointing to a bullish trend ahead. Ethereum [ETH], the second-largest cryptocurrency by market capitalization, has recently experienced a modest recovery in its price, trading at $2,661 at the time of writing. Advertisements […]

Evaluating Ethereum vs Solana to find out which one has a more competitive edge. The tokenomics may even out the score, leading to a surprising conclusion. The Ethereum [ETH] versus Solana[SOL] showdown is here. Ethereum has been holding it down as the number 1 altcoin for quite a while. Advertisements However, Solana’s performance has been […]

The altcoin season index continued to indicate BTC’s dominance. ETH’s market indicators looked bearish, but SOL’s indicators turned bullish.  Bitcoin [BTC] has been the center of attraction for quite some time, with the king coin touching its all-time high and plummeting to near $55k soon thereafter. Advertisements In fact, Bitcoin’s dominance has also moved up […]

Tron’s network activity hit $435 million, surpassing Ethereum’s $364 million. Its network revenue estimated to hit $2 billion in 2024. Tron’s [TRX] network adoption has experienced exponential growth over the past three months. Despite the high crypto market volatility, the network has surged in address, revenue, and activities. Advertisements The increase in Tron’s adoption arises […]