Ethereum restaking protocol Eigenlayer TVL surges amid rising ETH staking
[ad_1] EigenLayer, an Ethereum-based restaking protocol, has surged past Uniswap, the foremost decentralized exchange (DEX) on the Ethereum network, regarding total locked value (TVL). Data from DeFillama shows that EigenLayer has emerged as the top-performing decentralized finance (DeFi) protocol over the past month. Its TVL skyrocketed by 171% in the last seven days alone, reaching […]
Ethereum Staking Reaches Historic Milestone As ETH Price Barrels Past $2,400
[ad_1] Ethereum staking has been ramping up despite the poor performance of the ETH price over the past year. Liquid staking protocols such as Lido Finance have continued to see the amount of ETH being staked rise, and as a result of this continued interest in staking ETH, the total amount of supply that has […]
Ethereum pumps after Ark Invest and 21Shares’ spot Ethereum ETF application amendment
[ad_1] ETH price surged post-Ark Invest, 21Shares ETF amendment. Amendment aligns spot ETH ETF with cash creation and redemption model akin to spot Bitcoin ETFs. The introduction of ETH staking in amended filing remains uncertain pending regulatory approval. Ethereum’s native token, ether (ETH), experienced a surge in price, reaching $2,457 before retracing to the current […]
This Metric Points To Further Upside
[ad_1] On-chain data shows an Ethereum metric is giving a bullish signal as the cryptocurrency’s price has broken past the $2,400 barrier during the past day. Ethereum Has Continued To Leave Exchanges Recently In a CryptoQuant Quicktake post, an analyst explained the recent relationship between the Ethereum price and data of the exchange netflow indicator. […]
Ethereum Dencun Upgrade Launch Boosts ETH Price, Eyes 90% Fee Reduction
[ad_1] Ethereum (ETH) has made significant strides in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet. This is seen as a crucial step towards deploying the upgrade on the mainnet, signaling Ethereum’s progress in improving transaction efficiency, and scalability and reducing transaction fees by up to 90%. […]
Crypto Analysts Outline 3 Key Drivers For Price
[ad_1] Ethereum (ETH), the second largest cryptocurrency asset, is anticipated by several well-known analysts in the crypto industry to undergo a price surge in the upcoming months as the market is seeing a wave of bullish momentum. Ethereum Poised To Go Parabolic In The Upcoming Months Altcoin Daily crypto analysts have revealed three major factors […]
The Inside Scoop On The Massive $500 Million Weekly Flight
[ad_1] Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, has seen a significant exodus from centralized exchanges in recent weeks, with data suggesting a growing preference for holding the asset outside of trading platforms. At the time of writing, ETH was trading at $2,289, down 0.7% in the last 24 hours, but managed to […]
Ethereum ETFs Approval Date Set For May 23, Forecasts Suggest ETH Could Reach $4,000
[ad_1] The Securities and Exchange Commission (SEC) is poised to follow a similar approach to approving spot Bitcoin (BTC) exchange-traded funds (ETFs) for spot Ethereum ETFs, with the expectation that approval will be granted on the initial final deadline of May 23, as per Standard Chartered Bank analysis. Ethereum ETFs Face Delays, Approval Remains Likely […]
Spot Ethereum ETFs approval likely on May 23: Standard Chartered
[ad_1] Standard Chartered Bank says the SEC could approve spot Ethereum ETFs on May 23, the final deadline for applications currently before the regulator. Ethereum price could surge to over $4,000 by then, the bank said in a report. The US Securities and Exchange Commission (SEC) is likely to give a nod to the first […]
How to Buy, Sell, and Trade ERC-20 Tokens on the Ethereum Network
[ad_1] The Ethereum network stands as a revolutionary innovation in the realm of blockchain technology. It serves as a robust platform for building and deploying decentralized applications (dApps), fueling the growth of decentralized finance (DeFi) and transforming the way we interact with financial services. However, with its widespread adoption and increasing popularity, Ethereum has faced […]