Ethereum Watch

Ongoing voting showed that the Lido community would most likely support the Ethereum Shanghai Upgrade. The protocol’s TVL growth has evidently surpassed others. The call by Lido Finance [LDO] on its community to approve withdrawals on its Staking Router might have yielded the much-needed fruits. Advertisements According to the snapshot of voting, 100% of the […]

Advertisements Summary: Ethereum developers agreed to test the Shanghai or Shapella update on Goerli on March 14. Goerli marks the largest and final public testnet to mimic withdrawals for staked Ether before the upgrade goes live on ETH’s mainnet. Developers hinted that the upgrade’s mainnet launch could happen slightly later than expected, in the second […]

Ethereum stakers impacted positively after the merge. Addresses continued to hold their ETH as selling pressure reduced. According to a 1 March tweet by Messari, the Ethereum [ETH] merge had a huge impact on the state of stakers. Even though the prices of ETH took a hit, staking returns improved from 1% in Q3 to […]

The Ethereum Sepolia Testnet was successful as validators geared up for the Shanghai Upgrade. The Georli Testnet is next but Vitalik said there is more work to be done. As the Shanghai Upgrade inched closer, Ethereum [ETH] developers successfully deployed the Sepolia Testnet on the blockchain. The Sepolia, the second Testnet, finalized its checkpoint at 56830 […]

Advertisements Summary: Ethereum’s Shanghai upgrade meant to enable the withdrawal of staked ETH was successfully tested on Sepolia, a public testnet. The test simulated two crucial upgrades – Shanghai on the execution layer and Capella on the consensus layer. Developers will now test Shanghai-Capella or Shapella on a third public testnet before the mainnet update- […]

Ethereum addresses began to sell their holdings at a loss. The number of retail investors continued to increase. According to Santiment’s data, a few addresses have started to sell their ETH holdings at a loss. Historically, once the crowd starts exiting their positions more frequently at a loss, bottoms are likely to form. Advertisements Advertisements […]

Mining activity on EthereumPoW is at an all-time low. DeFi activity on the chain is also almost non-existent. The hashrate of EthereumPoW’s [ETHW] network has hit an all-time low due to a continuous decrease in mining activity, data from 2Miners.com revealed. Advertisements As of this writing, the network’s hashrate stood at 14.82 TH/s, having fallen […]

The Shanghai Upgrade will be released in three days. As a result of the upgrade, LDO has seen a surge in staking. The coming week is extremely important for the Ethereum [ETH] community because the Shanghai upgrade is scheduled to take place in three days, counting down from press time. There has been a lot […]

The volume of blue chip collections, including BAYC, Otherdeed, and MAYC, all declined around the same period Other not-so-popular collections filled in for the decrease, but there were no substantial changes. Ethereum [ETH] NFTs like Otherdeed, Moonbirds, and Bored Ape Yacht Club [BAYC] were almost always on the list of collections with the most daily […]

Circle rolls out new Euro-based stablecoin as an ERC20 token on Ethereum. Ethereum’s on-chain metrics rose as a result of the announcement. The Ethereum [ETH] network just added support for another stablecoin. The network has so far supported multiple stablecoins, but most are pegged on the U.S. dollar. This time the latest addition is Euro […]