Ethereum Watch

Advertisements Bitcoin and Ethereum recorded significant outflows over the last 7 days While BTC noted a positive 30-day MVRV, ETH’s was negative Bitcoin and Ethereum embarked on an action-packed journey over the past week, as indicated by a recently observed metric. Nevertheless, investors in the top two cryptocurrency giants saw divergent outcomes in terms of […]

Advertisements Members of Lido’s governance body are considering a new proposal to discontinue the protocol’s operations on Polygon.  The demand for MATIC has plummeted in the past ten days.  In the wake of Lido Finance’s [LDO] withdrawal from the Solana [SOL] network, a proposal has surfaced among community members to sunset the liquid staking protocol […]

Advertisements ETH retail demand soars to new historic level as addresses with non-zero balances soar. ETH whales were on-board with accumulation but demand remained weak. The Ethereum network continues to grow especially with the help of layer 2 networks despite the lengthy crypto winter. So much so that it has now achieved a new milestone […]

Advertisements Ethereum’s supply held by wallets with over 1 million ETH was over 32% at press time. ETH was still around the $1,500 range with a minor addition in value. Billionaire Ethereum [ETH] holders have been actively accumulating assets, and their wallets have just reached a new all-time high. It is pertinent to note that […]

Advertisements The validator queue on Ethereum has dropped to a record low. Staking APY has continued to decline in the past few months. The Ethereum network [ETH] validator queue has emptied for the first time since the network’s transition to the proof-of-stake (PoS) consensus mechanism in September 2022, according to data from Validator Queues. Advertisements […]

Advertisements Though the NFT trade count dropped, ETH NFTs’ trade volume in YSD increased. ETH was up by 2%, but selling pressure was increasing.  The Non-fungible Token [NFT] summer, when NFTs witnessed a boom in both volume and price, is now long gone. Read Ethereum’s [ETH] Price Prediction 2023-24 Regardless, Token Terminal’s latest tweet pointed […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements According to the on-chain info provider Santiment, Ethereum [ETH] has generated a lot of attention on social media, including Telegram, X, Discord, and Telegram. 🗣️📊 The rate of #Ethereum discussions on #X, #Discord, […]

Advertisements Ethereum’s fees have fallen to their lowest level since 2020. With growing supply in the past few weeks, Ether is back to being inflationary.  Demand for Ethereum Mainnet  [ETH] has been slowing down over the past few months, driving fees to their lowest level since April 2020, on-chain data provider IntoTheBlock noted in a […]

Advertisements Dormant addresses have been moving their coins into exchanges amid rising social dominance. ETH’s volatility increased as traders continue to bet on a price increase. Lately, the attention Ethereum [ETH] has received from market participants has been extremely high, according to on-chain analytic platform Santiment. To arrive at this conclusion, Santiment engaged the social […]

Advertisements Ethereum and BNB’s prices dropped by 3% and 4%, respectively, over the past week XRP was also down by 8%, with most market indicators bearish too The altcoin market has taken a blow of late after most cryptos witnessed a price correction. The top three altcoins, namely, Ethereum [ETH],BNB Chain [BNB], and XRP, were […]