Ethereum Watch

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 ETH retail demand sees an uptick but whales counter with sell pressure. ETH’s price action indicates accumulation, however, buying pressure lays low.  Where is ETH currently in the grand scheme of things as far as adoption is concerned? We recently saw it struggle to retain value above $2,000, but this week something interesting is […]

Advertisements The total ETH staked rose 18% since the Shapella upgrade. More than 60% of the stakers were in losses since they staked their ETH. The much-awaited Shapella Upgrade, which went live on the Ethereum [ETH] mainnet more than two months ago, has begun to advance towards its goal of boosting ETH staking. Is your […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum [ETH] is the second-largest cryptocurrency, with a market cap of $224 billion. It is the bedrock of numerous blockchain projects running successfully today. The first quarter of the new year brought a […]

Advertisements ETH’s price declined by more than 2.4% in the last seven days. Market indicators and metrics remained bearish on the token. Over the last week, Ethereum’s [ETH] price witnessed a decline as it once again went under the $1,900 mark. The latest data revealed that things can get even worse if selling pressure continues […]

Advertisements The number of ETH NFT sellers and buyers grew by more than 20% last month.  ETH’s price declined by nearly 3% last week, and most metrics looked bearish.  Ethereum [ETH] NFTs were having a hard time for quite a few months as the number of mints plummeted. However, the scenario witnessed a trend reversal […]