Ethereum

Ethereum Layer 2 Network Optimism Sees Bump in Transactional Activity. Here's Why it Matters – CoinDesk

Ethereum Layer 2 Network Optimism Sees Bump in Transactional Activity. Here's Why it Matters – CoinDesk

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ETH could 3X based on this indicator

Ethereum price ascended nine days in a row. ETH is likely to take out the November high, 7% above the current market value. Based on historical evidence, ETH could decline by 25% and then rally toward all-time highs. Ethereum price continues to display robust strength in the market. Although disbelief may still linger amongst traders, ETH has the potential to rally considerably based on the technical factors mentioned below. Ethereum price shows strength Ethereum… Source link

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Bitcoin and Ethereum Price Prediction

Bitcoin and Ethereum Price Prediction

The two leading cryptocurrencies, Bitcoin and Ethereum, have experienced a volatile market in recent months. As the prices of these digital assets continue to fluctuate, investors and analysts are looking for signs of what the future may hold. Bitcoin has been experiencing a meteoric rise, surpassing $21,300 and Ethereum is not lagging behind either, having hit a peak of over $16,000. Binance Launch In Bahrain: What You Need To Know… Source link

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Ethereum Will Soon Have 100 Million Addresses With Non-Zero Balance – What This Milestone Means for ETH Price

Ethereum Will Soon Have 100 Million Addresses With Non-Zero Balance – What This Milestone Means for ETH Price

The number of Ethereum addresses holding a non-zero balance hit a new record high on Monday of 92.5 million. 2022’s bear market, which culminated in the collapse of one of the world’s former largest cryptocurrency exchanges in November, does not appear to have impacted growth in the number of non-zero balance addresses. Some analysts view the number of Ethereum addresses holding a non-zero balance as a proxy for the

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Ethereum Smart Contracts Deployment Jumped 293% in 2022: Alchemy Developer Report

Despite the fierce headwinds the crypto industry faced over the last year, Web3 development activity has grown at an impressive rate, according to a new report. One such key indicator is the number of smart contracts deployed on the Ethereum mainnet, which grew 293% as compared to 2021, reaching rates that resembled the peaks of the previous year, per the “Q4’22 State of Web3 report” released today by blockchain software and development company Alchemy. Remarkably, this peak of activity… Source link

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BTC Back Above $21,000, Following Strong Chinese GDP Figures – Market Updates Bitcoin News

BTC Back Above ,000, Following Strong Chinese GDP Figures – Market Updates Bitcoin News

Bitcoin climbed back above $21,000 on Jan. 17, as markets reacted to better-than-expected Chinese gross domestic product (GDP) figures. The economic release comes as U.S. traders also returned to action, following the observation of the Martin Luther King Jr. Day celebration. Ethereum rose briefly above $1,600 earlier in the session. Bitcoin Bitcoin (BTC) rose back above the $21,000 mark on Tuesday, as markets reacted to the latest GDP figures from China. Figures from the world’s… Source link

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Ethereum mainnet hits record-breaking 32B weekly gas expenditure

Ethereum mainnet hits record-breaking 32B weekly gas expenditure

Ethereum (ETH) Layer 2 (L2) networks spent a record-breaking 32 billion gas — a year-on-year increase of 22.8% — to validate transactions and activate bridges between Jan. 9 and Jan. 15, according to Dune Analytics data. Source: Dune Analytics Optimism (OP) contributed around 50% of the gas spent — with a seven-day moving average of 2.8 billion gas — followed by Arbitrum with about 30% of the share, according to Dune Analytics data. As of Jan. 17, L2 network gas expenditure on ETH… Source link

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Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Hard Fork – Bitcoin News

Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Hard Fork – Bitcoin News

According to statistics, the number of Ethereum network validators on the Beacon chain exceeded 500,000 as of Jan. 12, 2023. The validator milestone comes as Ethereum core developers prepare for the Shanghai hard fork. Five days ago, Ethereum core developers launched a developer network environment called “devnet 2” for the upcoming upgrade. Ethereum Developers Launch ‘Devnet 2’ Testing Network for Upcoming Shanghai Upgrade; Network Exceeds 500,000 Validators On Jan. 11, 2023,… Source link

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New Solana and Ethereum Rival Surges 130% in Just One Week As Ecosystem Heats Up

An altcoin project looking to rival smart contract platforms like Ethereum and outshine the speed of Solana (SOL) is leading the top 100 crypto assets by market cap with major gains over the past week. At time of writing, Aptos (APT) is up 109% in the last seven days, and at one point was up 130% when it rallied to $8.67 after hitting a low of $3.76 just days prior. The Aptos chain uses a programming language called Move, which was originally created for Diem, Meta’s… Source link

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