Ethereum Watch

Advertisements Scaling solutions handled 5.17x more transactions than the base layer in the last seven days. The TVL on ETH L2s jumped fourfold over the last year. The Ethereum [ETH] layer-2 (L2) landscape has expanded by leaps and bounds in the past year. The blockspace’s demand for scaling solutions has hit the roof, with users […]

Advertisements Arbitrum accounted for over 50% of ETH’s total transaction volume across top optimistic rollups. Arbitrum had the highest TVL among all ETH scaling solutions. Despite the emergence of several Ethereum [ETH] scaling solutions in the past year, Arbitrum’s [ARB] dominance in the landscape has remained largely intact. Arbitrum scales Ethereum and how! According to […]

Advertisements BTC and Ethereum lead the 7-day increase metric. BTC and ETH have contributed to the increase in the general market cap. Over the last seven days, both Bitcoin [BTC] and Ethereum [ETH] witnessed price increases, consequently impacting their respective market caps. Furthermore, the growth observed in these two assets has contributed favorably to the […]

Advertisements Almost 365 days after the Shapella upgrade, validators have staked 25% of ETH’s supply. ETH remained deflationary, indicating a long-term bullish potential. AMBCrypto’s query on Nansen’s dashboard showed that about 25% of the total Ethereum [ETH] supply has been staked. This percentile amounts to 30 million ETH. From the result of the query, Nansen […]

Advertisements The final Ethereum testnet has gotten upgraded. Ethereum’s TVL has added nearly $3 billion in the last three days. Recent reports indicate that Ethereum’s [ETH] developers have reached the penultimate stage of the Dencun mainnet upgrade. Holesky gets an Ethereum upgrade As of a recent announcement from an Ethereum developer, the anticipated final deployment […]

Advertisements ETH continued to trade above $2,300 despite the transfer. The price might climb above $3,000 if market conditions improve. According to Spot On Chain, Ethereum [ETH] was part of the cryptocurrencies let go by defunct crypto exchange FTX and its sister firm Alameda. Based on the post, the firms sent 1,000 ETHs to Coinbase. […]

Advertisements Ethereum’s whales have reignited their interest in ETH. Interest in NFT trades on the network fell. Despite the recent volatility experienced by Ethereum [ETH], there has been a noticeable increase in the altcoin over the past few days. Recent whale behavior also supported this notion. Whales move in According to Lookonchain, a substantial whale […]

Advertisements ETH must test a key support level at $2,150 to move up.  Market indicators suggested the possibility of a price downtrend.  Ethereum [ETH] witnessed a price correction a few days ago as it slipped under the $2,300 mark. However, it continued holding on to a key support zone at press time. A drop below […]

Advertisements Ethereum’s futures monthly volume rose to a three-year high on the Chicago Mercantile Exchange Group in January. Open interest on the exchange also registered a new high in January.  Key volatility markers showed that the coin remained prone to price swings. Ethereum’s [ETH] futures monthly volume on derivatives marketplace Chicago Mercantile Exchange Group (CME […]

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? […]