Ethereum Watch

ETH managed to cross the $1,200 bar in the last weeks of 2022 ETH whales preferred to hold on to the altcoin than sell their holdings  Now that Ethereum [ETH] has crossed the $1,200 range, it is only logical to wonder how it will conclude 2022. Here are some recent observations that may set the […]

Ethereum witnessed a decline in NFT transactions, but blue-chip collections did well Ethereum observed support from retail and large investors NFT transactions on Ethereum have declined significantly, from 22% NFT dominance to 8.3% according to crypto analytics firm Glassnode. On the other hand, stablecoin transactions grew and took up the space originally conquered by NFTs. This […]

AAVE’s V3 to offer more flexibility for users AAVE witnesses some demand from top whales in anticipation of the rollout The Aave Protocol and its community are currently preparing for the rollout of the Aave Protocol V3. The latter will particularly target the Ethereum [ETH] market, where it might be a big deal. A recent […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Long and short-term ETH holders saw gains If BTC’s bearish sentiment persists, ETH could find new support at $1217.22 and $1166.83  Ethereum [ETH] witnessed a drop just as it headed into the weekend. It […]

Ethereum’s total net issuance witnessed a massive spike. The number of Ethereum’s retail investors also grew over the past few days. Glassnode, a crypto analytics firm, reported that over the past few weeks, there was a significant increase in the total net coin issuance of Ethereum. Advertisements                 […]

An analyst predicted that ETH’s price would touch $450 before seeing any significant rally. On-chain data suggests that the analyst’s position might be misconceived.  The dormancy on the ETH network, however, has to see a reversal for the price to rally in the long term  According to CrypotQuant analyst Ghoddusifar, Ethereum’s [ETH] price might touch […]

Ethereum [ETH] has seen a surge in its count of daily active addresses. The past few days have been marked by increased ETH accumulation. On 28 November, for the first time since 15 October, the number of unique addresses that traded Ethereum [ETH] daily clinched a high of 497,300 addresses, data from Santiment showed.  Advertisements […]

L2 protocols on the Ethereum blockchain reached a monthly all-time high with Optimism and Arbitrum leading the front The Ethereum network was still struggling with sustaining a improved momentum   Ethereum [ETH] layer-two (L2) protocols hit another landmark in proving its 2022 increased adoption as the gas consumption hit a monthly all-time high. This milestone […]

Protocols and Layer 2 solutions on Ethereum continue to improve However, Ethereum’s state declines as network growth and velocity go down Ethereum is still in the process of recovering from its post-Merge blues, meanwhile, protocols on the Ethereum network witnessed growth. According to crypto analytics firm Messari, Graph Protocol, a query network protocol for Ethereum, […]

Ethereum addresses holding more than 100 ETH increased in the past weeks Staking rewards and the current price of ETH might be a motivation for the increased accumulation The price of Ethereum [ETH] has fluctuated between extreme highs and lows during the last few months, making investors less eager to invest in the coin. Nevertheless, […]