Ethereum Watch

The Ethereum vs Solana debate took a renewed twist in the third week of March after Solana hit crucial milestones.  Advertisements For starters, Solana’s [SOL] search interest on Google Trends surpassed Ethereum [ETH]. This indicates a spike in retail attention to SOL compared to ETH.  Additionally, SOL flipped BNB based on market cap and climbed […]

ETH’s total value deposited surpassed $25 billion. The heightened demand likely stemmed from the anticipation of the Dencun upgrade. Over the past year or so, scaling solutions have played a substantial role in boosting demand for the Ethereum [ETH] ecosystem. Advertisements Built atop the base layer of Ethereum, these so-called layer -2 (L2) chains were […]

Increased demand for the Ethereum network has led to a surge in burn rate. This has brought about a decline in the coin’s circulating supply. Ethereum’s [ETH] circulating supply has fallen to a new post-merge low, according to data from Ultrasound.money. Advertisements In the last month, 86,219 ETH worth around $300 million at the altcoin’s […]

Grayscale said case for Ethereum spot ETFs as strong as that of Bitcoin. Concerns regarding the approval started to surface Grayscale Investments submitted a revised filing with the U.S. Securities and Exchange Commission (SEC) to transition its flagship Ethereum [ETH] trust into a spot ETF. Advertisements One step closer Craig Salm, the company’s Chief Legal […]

The past 24 hours have seen a decline in the general cryptocurrency market. BTC, ETH, and XRP prices may witness further decline in the short term. As the crypto market overheats, the values of many leading assets have declined over the past 24 hours. Due to this, the global cryptocurrency market capitalization plummeted by 7% […]

The Dencun upgrade caused volatility for L2 tokens. Activity on Polygon and Arbitrum grew as fees declined, but Optimism failed to benefit. Ethereum’s [ETH] Dencun upgrade was expected to have a massive impact on the Ethereum network and its price. Advertisements However, along with that, Layer-2 networks were also expected to be impacted due to the […]

The Dencun upgrade is aimed at reducing fees to help L2s grow further.  ETH’s price action remained bullish, as did market sentiment.  The wait for Ethereum’s [ETH] much-talked-about Dencun upgrade is coming to an end, as it is scheduled to take place on the 13th of March. Advertisements The upgrade will bring several changes to […]

ETH might face mild resistance but a climb to $5,000 looked almost certain. Rising confidence in the altcoin reinforced the bullish prediction. The price of Ethereum [ETH] might soon hit $5,000, according to analyst Ali Martinez. But the altcoin has to break through the supply wall between $4,522 and $4,646. Advertisements A supply zone is […]

 Fresh spot BTC ETFs are on the cards in the Far East. A spot ETH ETF approval might be seen first in Hong Kong, given the current developments. The introduction of a Bitcoin [BTC] spot ETF is no longer a novel development in the United States, and it is anticipated that a spot Ethereum [ETH] […]

ETH’s price moved marginally in the last 24 hours.  PEPE, DOGE, and SHIB performed well over the last week.  As the market turned bullish, several altcoins displayed impressive performances. However, the latest dataset hinted at a further bull rally for altcoins. Advertisements Considering the recent buzz around AI tokens and meme coins, will they be […]