Ethereum Watch

Vitalik Buterin sheds light on how the Dencun hard fork improved the blockchain’s scaling and efficiency. Advertisements Indeed, proto-danksharding marks a significant shift, reducing transaction fees for rollups by a staggering factor of over 100. According to Ethereum’s co-founder, this development paves the way for a more scalable, cost-efficient ecosystem. It addresses long-standing concerns about […]

Vitalik Buterin, a co-founder of Ethereum, announced the introduction of a new staking concept termed “Rainbow Staking.” Advertisements This initiative aims to revamp the economic structure of the network by implementing a dual-pronged staking mechanism. The approach distinguishes between heavy and light services, offering a framework that impacts the distribution of rewards. Vitalik Buterin Introduces […]

The Ethereum mainnet has successfully implemented the Dencun upgrade. This is a significant milestone that promises to drastically lower the gas fees for Ethereum’s Layer 2 (L2) networks. Advertisements The upgrade, reaching its scheduled epoch at block height 269568, according to Etherscan data, marks a pivotal moment for Ethereum, aiming to enhance scalability and affordability […]

Advertisements Despite its price compression, ETH hit its highest whale activity in 16 weeks. If history repeats itself, ETH might drop to 2019 lows. Lately, Ethereum [ETH] has been witnessing a significant increase in network activity and accumulation. And the suspects in this regard have been whales who have found the coin dip to $1,650 […]

Today marks 240 days since an event the Ethereum community has come to know as “the merge.” And its effects on the total ETH supply are clear. Advertisements Arguably the most significant upgrade in its history, the merge saw the Ethereum network transition from a Proof of Work (PoW) consensus mechanism to one based on […]

Sometimes, I’m a fan of the popular saying- Not by power, not by might. Other times, I’m not. Now, I’m not trying to dismiss your religious beliefs or personal opinions. However, the incredible ChatGPT innovation might make you want to question that line. Take it or leave it. Advertisements In the midst of confusion and […]

Buying pressure is building up supported by ETH whales and retail accumulation ETH sell pressure is gradually tapering out and may give way to a strong bullish bounce ETH holders who bought the dip last week may have enjoyed some upside but it has been rather limited. This is because last week’s crash left investors […]

Many Ethereum [ETH] investors may expect the Merge day to bring good tidings. However, this anticipation may need to be followed with a rethink of the situation. Advertisements This is because the community may need to withhold transacting on D-day. While this assertion should not cause panic, investors should understand that risks are involved. According […]

Imagine if one could measure a cryptocurrency’s demand level by the strength of its bounceback. Ethereum Classic would have been worth looking at then, especially after its 260% rally from its 2022 lows. the question, however, is – Can it carry the same momentum in its next recovery phase? Advertisements Ethereum Classic’s press time price […]

It has been quite an interesting week for Ethereum’s community as it prepares for a major upgrade. In fact, its impact has started spilling over into Ethereum layer 2 solutions such as Polygon now. The latter’s native cryptocurrency, MATIC, concluded the week on the back of a significant upside on the charts. Advertisements MATIC’s bulls […]