Ethereum, Solana, and Avalanche blockchains have experienced significant growth in transaction volume and reduced fees over the past year, even as their token prices fell by about half. Ethereum's transactions rose from 121.1 million to 203.9 million, with costs dropping from $1.08 to $0.31 per transaction. Solana and Avalanche showed similar trends, with Avalanche's transactions increasing fourfold and costs plunging. These improvements are attributed to protocol upgrades expanding blockspace, not reduced demand. Staking remains strong, especially on Ethereum with a record 40.2 million ETH staked. Despite lower token prices, network usage and efficiency improvements indicate robust blockchain infrastructure and growing institutional interest.
Morgan Stanley has launched its MSSE exchange-traded fund (ETF), expanding its crypto product lineup to include Ethereum and Solana alongside Bitcoin. On the same day, spot Ethereum ETFs recorded $14.53 million in net inflows, indicating strong insti...
Data from CoinGlass shows a decline in the share of accounts holding long positions in Dogecoin (DOGE) and Ethereum (ETH) futures, especially in USDT-margined contracts, despite stable overall long exposure. This suggests a narrowing of retail trader...
Leading cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin saw slight gains as investors reacted to renewed Middle East tensions and anticipated the Federal Reserve's upcoming interest rate decision. Bitcoin reached $64,100 before resistance ...
Ethereum (ETH) is recovering steadily, trading just below $1,900 as it aims to break the $2,000 resistance level. After rebounding from June lows, ETH has formed higher lows, showing bullish momentum despite failing to sustain a breakout above the 10...
Over the past 24 hours, Bitcoin saw $15.44 billion in liquidations as leveraged long positions rapidly unwound, signaling a broad deleveraging across the crypto market. Ethereum, XRP, and Solana also experienced significant liquidations, reflecting a...
