Ethereum's recent scaling upgrades have led to a surge in network activity, with weekly transactions reaching an all-time high of 1.8 million and a peak of 21 million at one point, while median transaction fees dropped to a record low of $0.008. This indicates that the network can handle more transactions at lower costs, thanks to improvements like the Pectra and Fusaka upgrades and proto-danksharding on Layer 2 solutions. Layer 2 chains such as Robinhood Chain, Base, Arbitrum One, and Optimism have seen significant growth in transactions and total value locked (TVL), highlighting increased adoption and ecosystem expansion. The rise in monthly active users to 8.3 million further confirms Ethereum's enhanced scalability and growing user base.
Ethereum is showing strong seasonal performance in July, with transaction counts hitting a record 18.7 million and median fees dropping to $0.008, signaling successful scaling upgrades. Developer activity is surging, with smart contract deployments u...
Fundstrat's Tom Lee suggests the market underestimates the chances of the CLARITY Act passing, which could positively impact crypto regulation. He also highlights Ethereum's potential to benefit from AI-driven growth, as AI applications increasingly ...
Morgan Stanley has filed the final paperwork with the SEC to list its Solana and Ethereum staking ETFs on the NYSE Arca. These ETFs will hold the actual cryptocurrencies and offer investors staking rewards, with 95% of those rewards passed to shareho...
Ondo (ONDO) price jumped 27% from $0.32 to near $0.42, driven by institutional tokenization deals and increased network activity. Collaborations with major financial players like Depository Trust & Clearing Corporation, Mastercard, and SBI Group have...
Ethereum price climbed from $1,800 to nearly $1,945 following a tech-driven rebound in U.S. stocks, with Nasdaq gains boosting risk appetite. Institutional inflows into Ethereum ETFs and short liquidations may support a move above the key $2,000 resi...
