Ethereum Watch

Interest in ENS domain names remains at a minimum.  The rally in ENS’ price since the year began has put many of its holders in profit. According to data from Dune Analytics, the interest in .eth domain registrations has remained low, with only 53,359 Ethereum Name Service (ENS) registrations recorded thus far in the current […]

Ethereum-based NFTs on OpenSea saw its highest monthly sales volume since August 2022. OpenSea saw increased activity in the last 30 days. With Blue Chip non-fungible tokens (NFTs) collections at the forefront, the year has so far seen a resurgence of interest in profile-picture (PFP) NFTs.  Advertisements Ethereum-based NFT sales have soared to a four-month […]

Bitcoin and Ethereum’s adoption over the past year grew despite the bear market condition and the collapse of several crypto firms, according to a Coingecko report. Advertisements Despite Bitcoin and Ethereum’s value dropping by over 60% in 2022, crypto investors still made significant investments in the flagship digital currencies. According to the report, the number […]

Ethereum (ETH) total value staked has surpassed 15.9 million. The increase in the value of ETH might be a major contributor to the increase in stake inflow. Since the merge, validators have been able to contribute to network security by staking their Ethereum [ETH]. However, the total amount of ETH that has been staked has […]

Ethereum addresses with a non-zero balance rise to reach an all-time high. The king alt’s percent supply in profit also crossed over the 60 mark. Over the years, there has been a growth in Ethereum [ETH] addresses, and the most recent merging has further stoked curiosity. While the price of Ethereum declined for the majority […]

Tron founder Justin Sun transferred $15.5 million ETH out of his wallet to Poloniex. Despite the exchange inflow, ETH was able to resist sell pressure. On 25 January, Justin Sun transferred 10,000 worth of Ethereum [ETH] to his Poloniex account, Lookonchain disclosed. Such large transfers were usually with the intention to sell and probably push […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH’s weak fundamentals could delay immediate price reversal. Short-term Ethereum holders’ profits could be cut to size.  Ethereum [ETH] dropped below its $1,600 mark after Bitcoin [BTC] lost the $23k zone. BTC sharply […]

The count of validators running the PoS network has exceeded 500,000. As the market corrects, ETH’s price has fallen by 5% in the last 24 hours.  The number of validators on the Ethereum [ETH] Proof-of-Stake network surpassed 500,000, according to data from Glassnode. This milestone comes ahead of the scheduled upgrade for the Shanghai network, […]

70% of Ethereum staked is controlled by staking services, which has raised concerns about decentralization. Revenue generated by Ethereum has increased despite a decline in trading activity. According to data provided by glassnode, it was observed that 70.86% of all Ethereum staked on the beacon chain was being staked by staking services such as Lido, […]

Advertisements Summary: Developers finalized the ‘Withdrawal-Mainnet-Shadow-Fork-1’ on Thursday. The move marks the first major test phase for Ethereum’s hyped Shanghai updated in March 2023. ETH Developer Marius Van Der Wijden noted configuration difficulties on Geth but said progress is underway. Ethereum developers announced a ‘shadow fork’ of the Shanghai update built to test the withdrawal […]