Ethereum Watch

Advertisements The SOL/ETH price ratio has been rising since September. The demand for SOL remained steady among daily traders. Solana [SOL] has emerged as a surprise champion in the 2023 altcoin market, outperforming Ethereum [ETH] by a significant margin since early fall. For the first time since 2021, the SOL/ETH price ratio reversed in early […]

Advertisements The Solana to Ethereum ratio returned to its level prior to FTX’s collapse in 2022. Despite the sideways market movement, coin accumulation continued to thrive. The Solana [SOL] to Ethereum [ETH] ratio has rallied steadily since September and has returned to its level prior to the collapse of crypto exchange FTX in November 2022, […]

Advertisements Solana’s recent milestones seem to have created discomfort within the Ethereum clan. While Ethereum L2s thrived with TVL, Solana pointed to its TPS. A few years ago, when Solana [SOL] launched, the Ethereum [ETH] community was thrown into chaos. The obvious reason for the disarray was because Solana, which combines the Proof-of-Stake (PoS) mechanism […]

Advertisements CEO Raoul Pal discussed the changing dynamic of Bitcoin’s correlation with Ethereum. Pal discussed these issues with Scott Melker on a podcast recently. Real Vision CEO Raoul Pal believes that unlike other altcoins, the price action of Ethereum [ETH] isn’t dictated as much by that of Bitcoin [BTC]. He also placed his bets on […]

The SVM’s enhanced performance has made it Eclipse’s preferred option over the EVM. Ethereum would provide the support for validation on the network.  “By boosting others, you will boost yourself. A little competition is a good thing, and severe competition is a blessing.” This quote by Jacob Kindleberger seems to be the path that Solana […]

As negative sentiment began to dwindle, crypto outflows dropped to their lowest in weeks.  With a year-to-date net inflow of $26 million, Solana might be “the most loved altcoin.”  Capital flight from digital asset investment products “cooled off” last week, causing outflows to drop to a low of $11.2 million, digital asset investment firm CoinShares […]

Advertisements y00ts’ disclosure of its move to Ethereum has been met with intense debate. NFT sales across blockchains have decreased in the last 30 days. In a surprising turn of events, Polygon [MATIC]-based NFT collection y00ts has made a strategic decision to ignore the possibility of a move back to Solana [SOL]. Instead, it announced […]

Investors are funnelling funds into Short-BTC products after fourth consecutive week of outflows With the Shanghai Upgrade coming soon, investors will be cautious with ETH In a new report, digital asset investment firm CoinShares found that ongoing apprehension among investors regarding the uncertain regulatory landscape of crypto-assets led to a fourth consecutive week of outflows […]

Solana (SOL) has been completely engulfed in FUD since the FTX crash. This invariably resulted in the price of the token declining much faster than the rest of the market, and last week, SOL touched single-digit values for the first time in almost two years. However, there seems to be a turn in the tide […]

Solana (SOL) is the best performing asset in the crypto top 10 by market cap. The market seems to be positively reacting to Solana Labs’ smartphone announcement as the cryptocurrency is surging faster than other assets in this tanking. Advertisements Related Reading | Bitcoin Whale Presence On Derivatives Still High, More Volatility Ahead? At the time […]