Ethereum reached a new all-time high of 18.7 million weekly transactions while the median transaction fee dropped to an unprecedented low of $0.008. This surge in activity is driven by network upgrades in 2025 that improved scalability and reduced costs, alongside increased stablecoin use and staking. Despite this boom, ETH's price remains below $2,400, as much of the activity occurs on layer-2 solutions and stablecoins, which do not significantly increase demand or fee revenue for ETH. The ultra-low fees also limit the deflationary impact of Ethereum's fee-burning mechanism.
Ethereum's native token, Ether (ETH), is poised for a 20% rally following a breakout from a bull flag pattern, which has already driven an 85% price increase since June. The breakout suggests a potential upside target near $3,250, a previous resistan...
Ethereum futures open interest on Binance has surged to $6.58 billion, the highest in over nine months, driven by a price breakout above $2,700. This 37% increase since late August reflects renewed bullish sentiment and growing participation in Ether...
A sharp price increase in XRP, NEAR, and other altcoins triggered $666 million in forced liquidations of short positions within 24 hours, marking the largest wave of crypto short squeezes in months. XRP rose nearly 8%, NEAR surged over 11%, and Bitco...
Bitcoin and major cryptocurrencies rallied strongly, with Bitcoin reaching around $85,700 and many altcoins up 10% or more. Investor Kevin O'Leary forecasted Bitcoin could hit $1 million if the crypto industry addresses the potential future threat of...
Ethereum surged 6% to $2,719 on September 21, breaking a key resistance level at $2,672 following Bitcoin's rise above $85,000. This triggered a major short squeeze, liquidating over $700 million in crypto positions within 24 hours, with $313 million...
