Ethereum's recent network upgrades have doubled its transaction capacity and reduced mainnet fees to under $0.02, enhancing user experience and supporting rollup solutions like Arbitrum and Optimism. The launch of US-based spot Ethereum ETFs in July 2024 has increased institutional and retail access to ETH, positioning it alongside Bitcoin as a mainstream investment. However, Ethereum faces strong competition from Solana, which offers faster and cheaper transactions within a unified ecosystem. Additionally, lower fees on layer-2 solutions may limit revenue growth for Ethereum's base layer, raising questions about long-term price appreciation despite increased network activity.
Hyperliquid recorded the largest net inflow of $462 million in weekly cross-chain liquidity, signaling increased user activity or capital positioning on its network. Meanwhile, Arbitrum experienced the largest net outflow of $527 million, indicating ...
Arthur Hayes, co-founder of BitMEX, purchased 1,332.5 ETH worth about $2.53 million, continuing his July buying spree that totals over 3,270 ETH valued at $6.2 million. This marks a reversal from June when he sold 6,000 ETH at a loss. Meanwhile, Ethe...
S&P Dow Jones Indices and Pantera Capital have introduced the S&P Pantera Digital Asset Index, an 18-token benchmark designed for institutional investors. Unlike traditional crypto indexes that rely heavily on market capitalization or Bitcoin dominan...
David Schwartz, Ripple's former CTO, expressed regret over selling most of his XRP holdings at $0.10 per coin due to his risk aversion and an agreement with his wife to sell at new all-time highs. Despite this, he remains optimistic about crypto's lo...
Russia's State Duma has passed a law recognizing major cryptocurrencies like Bitcoin, Ethereum, and XRP as legal property, allowing their use in commercial and cross-border transactions. Retail investors face an annual purchase cap of 300,000 rubles ...
