Ethereum Watch

Advertisements This crypto whale wallet has been dormant for over 8 years and received tokens from Ethereum’s initial coin offering in 2015. The whale moved 61,216 ETH worth $116 million to an unknown wallet and then to an address linked to the crypto exchange Kraken. Ethereum’s ICO sold coins at 31 cents per token, while […]

Advertisements Ethereum developers proposed increasing the validator set to reduce the churn limit. The number of validators on Ethereum continued to rise.  Over the past quarter, Ethereum [ETH] experienced significant volatility due to various events in the crypto sector. But despite market fluctuations, Ethereum’s progress remained on track, and the protocol was actively pursuing further […]

Advertisements Ethereum was the protocol with the highest count of fee-paying users in the last six months. It was, however, four places behind Tron in terms of daily active user count. Ethereum [ETH] takes the lead as the project with the highest count of fee-paying users in the last six months, data from Token Terminal […]

Advertisements Mantle’s team said the modular design will allow for quick future upgrades, making it simple to onboard Ethereum updates. The design which splits blockchain activity across separate layers also offers users cheap transactions on a high-performance blockchain, the team said. The team announced its mainnet alpha at the EthCC in Paris today. The mainnet […]

Advertisements GHO has launched on the Ethereum mainnet. Aave has replaced MakerDAO as the DeFi protocol with the second-largest TVL. Following the ratification of a proposal to do the same, lending protocol Aave [AAVE] finally launched its over-collateralized stablecoin GHO on the Ethereum Mainnet on 15 July.  The Aave DAO has successfully launched @GHOAave on […]

Advertisements ETH has witnessed over 7% rise in price only three times YTD. YTD, ETH has gained over 66% in value. Ethereum [ETH] and other alternative cryptocurrencies experienced a thrilling surge not too long ago, driven by the uplifting victory of Ripple. The surge proved transient, as a decline has now set in.  Is your […]

Advertisements Ethereum’s NFT ecosystem, after a decline, registered growth during the end of Q2. Though ETH’s daily and weekly charts were green, a few on-chain metrics looked bearish. Messari recently posted its report on Ethereum’s [ETH] Q2 , highlighting its performance on multiple fronts. The king of altcoins’ state in this new quarter looks encouraging […]

Advertisements Ethereum’s active addresses have dropped since the beginning of the year. ETH stake has continued to flow in with prices below $2,000. Despite multiple attempts, Ethereum’s [ETH] price has struggled to break and maintain the elusive $2,000 threshold. Instead, it has been oscillating between $1,700 to $1,800. Could the lackluster price performance be linked […]

Advertisements ETH’s NRPL has returned to negative territory. On-chain metrics revealed traders remain steadfast in coin accumulation.  After a few weeks of Ethereum [ETH] traders posting gains on their investments, the alt’s consolidation around the $1800 price range has caused its Net Realized Profit/Loss (NRPL) indicator to return to the negative territory, data from Santiment […]

Advertisements The proposal to launch GHO on Ethereum’s mainnet reached quorum after protocol delegate AaveChan voted “Yae” on Wednesday. Aave DAO’s community wholly backed the plan as all members of the DAO voted in support with over 698,000 votes at press time. This comes after months of successfully testing the GHO stablecoin on the Ethereum […]