Ethereum Watch

Key Takeaways The total value locked in DeFi has fallen along with the broader crypto market. BNB Chain and Solana have been particularly hard hit. In comparison, the total value locked on Terra is at all-time highs today. Share this article URL Copied Advertisements The total value locked in decentralized finance across Solana and BNB […]

The entire cryptocurrency market witnessed a significant amount of price corrections over the past couple of weeks. Selling pressure on different crypto exchanges was estimated to aggravate by another 10-15% over the short term. Keeping all that in mind, here’s how investors reacted to such headwinds. Advertisements Institutional inflows on a loop Digital asset investment […]

Solana joined Bitcoin’s free fall on the price charts on Tuesday. While once it was among the few cryptos in the green, SOL corrected by 8.5% as it traded just above the $85-mark. Advertisements Even so, there seems to be a reason to rejoice for Solana’s developers. SOL-o Growth  Looking at the number of developers, […]

Electricity consumption has been one of the major concerns with the advent of cryptocurrencies especially Polkadot. Though with models running with the Proof-of-Stake (PoS) consensus mechanism, this electricity use seems to be minimal since their process for transaction validations is staking. But the story is not the same for those running with Proof-of-Work (PoW) such […]

Bitcoin has maintained dominance over altcoins like Ethereum and others for the longest time. This dominance, although has declined over time, still helps the digital asset maintain its title as the most valuable cryptocurrency in the space. However, in only a matter of years, bitcoin’s dominance on the market has declined by half, and according […]

Ethereum and Solana especially galloped up on their charts significantly in the last 24 hours. Bitcoin had also reclaimed the $40k price mark at the time of writing therefore major altcoins followed a similar price movement. Advertisements The massive attack on Wormhole which is an eminent bridge protocol between Solana and Ethereum caused ETH to […]

Ethereum‘s infrastructure for smart contract-based decentralized applications has so far been unmatched in the blockchain industry, primarily due to its first-mover advantage. However, this dominance has been waning significantly over the past couple of years with the emergence of several alternative layer 1 networks that offer similar features to Ethereum, often at a lower price […]

Solana has been a cryptocurrency blockbuster this year, and even 2021. However its token (SOL) went into free fall, following technical difficulties in its network. But did that hinder its growth? Well, not really. In fact, it gained more support- just recently JP Morgan, one of the largest banks in the world gave a vote of […]

Just like the bloodbath seen across the rest of the crypto-market, Ethereum has also lost over 17% of its value in a week. At the time of writing, the coin was hovering close to the $3,165-level. Advertisements Meanwhile, analyst Peter Brandt indicated in a tweet that ETH appeared to be in a bear trend as […]

The Solana network’s shot in the spotlight might just be far from over as yet, especially now that the Bank of America has expressed future optimism for the top smart contract platform, even analogizing it as the “Visa of the digital asset ecosystem” after it managed to facilitate a large number of transactions over the […]