Solana shows renewed strength against Ethereum in SOL/ETH ratio
[ad_1] The SOL/ETH ratio, a metric comparing the value of Solana (SOL) to Ethereum (ETH), offers a clear lens to assess Solana’s standing in the competitive Layer-1 (L1) blockchain space. Amidst Solana’s growing user base and increasing market capitalization, this ratio is a vital tool for gauging its position as one of Ethereum’s most formidable […]
Ethereum Retests Breakout Zone, Analyst Sets $3,500 Target
[ad_1] An analyst has explained how Ethereum is retesting a breakout zone currently and that this might lead toward a price target of $3,500. Ethereum Is Retesting The Breakout Line Of An Ascending Triangle As pointed out by analyst Ali in a new post on X, Ethereum may be preparing for a further climb right […]
Celsius sold off $250 million in ETH and other assets in 30 days
[ad_1] Bankrupt cryptocurrency lender Celsius has sold off $250 million worth of digital assets, including Ethereum, in the last 30 days, according to on-chain data. Crypto sleuth Apes_Prologue reported that Ether accounted for $243 million, or 97%, of the bankrupt firm’s selling activities during the period. Separately, blockchain analytical firm Peckshield confirmed that the defunct lender […]
Ethereum Exchange Balances Drop Drastically, What This Means For ETH Price
[ad_1] Ethereum is currently ranging around $2,200, with its price undergoing a calm volatility in the past 7 days. New data from Santiment has revealed the current sentiment among Ethereum whale addresses, as the total supply on exchanges recently hit a new low. According to the on-chain analytics platform, more than 240,000 ETH have left […]
Is Ethereum (ETH) Ready For A Monster Move In January 2024?
[ad_1] In a recent post on X, Sassal, an independent Ethereum educator, is doubling down on Ethereum (ETH). The angel investor said that based on current market sentiment, there are signals that the “death of ETH” narrative is losing steam. This is a reason, in Sassal’s view, to buy even more ETH ahead of the expected bull […]
Ethereum’s Dencun upgrade set for 2024 testnet launch
[ad_1] Ethereum developers have tentatively decided on Jan. 17, 2024, for the upcoming “Dencun” upgrade’s first testnet deployment during the latest bi-weekly dev meeting on Dec. 21. Originally slated for the last quarter of 2023, the ‘Dencun upgrade was pushed to 2024 due to the engineering complexities involved. Tim Beiko, the protocol support lead at […]
Ethereum Price To Reach $5,000, BitMex Founder Predicts
[ad_1] BitMex founder Arthur Hayes has revealed that he is diverting his interest toward Ethereum (ETH) while disclosing a bold prediction for the crypto asset. Arthur Hayes Doubling Down On Ethereum Arthur Hayes recently took to X (formerly Twitter) to share his optimism and prediction about the future of Ethereum, and the post has since […]
zkSync Era sees 4-hour outage due to server bug
[ad_1] Ethereum layer-2 network zkSync’s Era faced a temporary block production halt today but is now back in full operation following a bug-related disruption that lasted over four hours. In a Dec. 25 post on X, the developers confirmed that a bug within its server triggered an automated safety protocol, causing network issues. “The zkSync […]
Ethereum (ETH) Lags In Market Cap Growth Despite Positive Year
[ad_1] According to a report from crypto analytics firm IntoTheBlock, Ethereum has recorded an 85% increase in its market cap over the last year, moving from around $149.18 billion to its current value of $275.98 billion. However, in comparison with other major assets, ETH performance still leaves more to desire, especially considering the many positive […]