TL;DR Mekong testnet launched as a testing platform for the Pectra fork changes on Ethereum. The testnet is designed for wallet developers and stakers to test new features before their implementation on Ethereum Mainnet. Mekong is temporary and will not affect other Ethereum networks like Holesky or Sepolia.
The Ethereum Foundation has released the Mekong Testnet in preparation for the Pectra fork upgrade.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been a cornerstone of the cryptocurrency market. Recently, it saw a notable 8.8% price increase in just 24 hours. This has led experts, like Matthew Sigel, Head of Digital Assets Research at VanEck, to believe that Ethereum may have been oversold.
The Ethereum Foundation has introduced the Mekong Testnet, a short-term testing environment designed to allow developers to explore new features from the upcoming Pectra upgrade before its mainnet release. In a blog post on Nov. 7, the Foundation said the Mekong Testnet incorporates all Ethereum Improvement Proposals (EIPs) intended for Pectra.
More Ether-related ETFs could help ETH prices rise above the old all-time high of $4,800, recorded nearly three years ago.
Ethereum Foundation launches Mekong testnet for devs to experiment with new features before the Pectra hard fork.
In the latest development, the Ethereum Foundation has announced the launch of the Mekong testnet, marking a significant step towards the upcoming Pectra fork.
Ethereum Foundation on Thursday announced launch of its first short-lived Pectra testnet ‘Mekong.' This testnet includes all the EIPs proposed for the upcoming Pectra upgrade on the Ethereum network.
The Ether whale moved the funds for the first time in eight year with 800x gains as ETH price edged above $2,800.
Ethereum developers have introduced a temporary test network named Mekong for next year's Pectra upgrade.
While Bitcoin (BTC) bulls are eyeing a new all-time high, Ethereum (ETH) is poised near $2,800 and Solana (SOL) is above $188. There is also notable attention on top DeFi tokens – including Uniswap (UNI), Aave (AAVE) and Ethena (ENA). Here's a wrap for the crypto market during the Asian hours on Nov.
Check out how high ETH's price may jump in the following months (according to some popular analysts).
Two long-term Ethereum whales from the ICO era re-emerged, collectively selling 33,701 ETH worth $89.11 million as the ETH price rallied to $3,000.
A number of analysts believe Ethereum is more than ready for a monster rally, and predict ETH could reach $5,000 or even $8,000 next year.
Justin Sun, the creator of the Tron blockchain, and now the owner of two exchanges – Huobi and Poloniex – has shared a bullish outlook for the near future of the cryptocurrency market, specially stressing the second largest cryptocurrency Ethereum.
A lot of movement in dormant Ethereum (ETH) wallets has been seen lately as longtime holders take advantage of recent price spikes. First, Spot On Chain announced that two major Ethereum holders sold a total of 33,701 ETH, which is worth about $89.72 million.
Ethereum is on the move! After breaking past a key resistance level, Ether's price is now aiming for the $3,000 mark.
Binance, one of the world's largest cryptocurrency exchanges, has issued a key notification regarding upcoming Tether (USDT) transfers across multiple networks.
The Ethereum Foundation launches Mekong, a short-term testnet allowing developers to explore UX and staking updates for the upcoming Pectra fork.
On November 6, Donald Trump was declared the winner of the 2024 U.S. Presidential Election, a development that has sent ripples through the cryptocurrency community. This win follows months of pro-crypto positioning by Trump, highlighted by his notable appearance at the Bitcoin 2024 conference in Nashville on July 27.
After Struggling for the last six months bitcoin price has finally hit the ATH and touched the $76,200 mark after Donald Trump's election win. Meanwhile, experts predict that the next few months in the crypto market are about to get wild.
Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.
Strong signs of a breakout, but what's next for NEIRO's really?
Ethereum's price increased 10% to $2,800 following Trump's presidential victory, driven by expectations of crypto-friendly policies and strengthening DeFi sector performance.
Ethereum's recent performance has many wondering if the cryptocurrency is on the rise again, and with Donald Trump potentially bringing in a crypto-friendly administration, the conditions could be right for a new DeFi surge.
The cryptocurrency market has been experiencing a surge in buying activity after Donald Trump won the U.S. presidential election for the 2nd time. Meanwhile, Bitcoin, the largest cryptocurrency by market cap, surged 10%, reaching a new ATH of $76,203. Ethereum isn't far behind, surging to $2,878, while its Spot ETF sees record-breaking inflows.
In October, Solana outperformed Ethereum in several key metrics. The token surpassed Ethereum in market share for decentralized exchanges, economic value, and liquidity inflows. Additionally, SOL demonstrated strong price performance, reaching over $180 on election day and flipping BNB.
Ethereum is recording impressive interest from large holders as its price surpasses the three-month high of $2,800. Ethereum (ETH) gained 8% in the past 24 hours and is trading around the $2,800 mark.
Although the Bitcoin price rally has paused above $75,000 a day after Donald Trump's victory, altcoins have continued their strong show with the Ethereum price taking the lead with 11% gains all the way to $2,850 levels. Investors have a lot of questions as to does this mark the beginning of the much-awaited altseason moving
November 6 was one of the biggest events in the crypto industry, as the polling results declared Donald Trump as the 47th President of the country. With that, the crypto trading market has witnessed quite a boost, leading to many dormant Ethereum whales returning to the market to benefit from the ETH price rally.
Ethereum (ETH), the second-biggest crypto, took off on Thursday after Bitcoin (BTC) smashed the new all time high over Donald Trump's major win. Ether price surged by around 13% in the last 24 hours, keeping the market momentum bullish, as it was expected to be post elections.
Investors say a Trump administration will favor DeFi applications and tokenomics more, given the family's backing of World Liberty Finance - riling up DeFi-focused trades.
The bumper inflow day came despite BlackRock's leading fund, ETHA, showing a net zero flow.
The price of Ethereum (ETH), the flagship altcoin, has surged by more than 10% over the past 24 hours. It is currently trading at $2,840 after giving up some gains, according to CoinGecko data.
Bitcoin prices have notched another new peak in the wake of Donald Trump's presidential victory in the United States.
Ether traders argue the asset is still “too cheap” and is due for a “monster rally” as it neared the $2,900 price level.
Long-term holders of Ethereum (CRYPTO: ETH) began to profit-take on their holdings amid a rapid surge in the cryptocurrency's price. What Happened: Two long-term investors sold a total of 33,701 ETH, worth $89.72 million, on Wednesday, according to on-chain tracking platform Spot On Chain.
Bitcoin marks a new ATH above $76,000, the most expected event after Donald Trump's win in the U.S. presidential elections. Meanwhile, the Ethereum price, which usually follows the top crypto, ascended with less volatility.
After weeks of struggle, Ethereum finally broke above the $2,500 resistance as it traded for $2,631 post US election 2024. This surge in price has raised hopes that Ethereum may be gearing up for a fresh bull run.
Ethereum price started a fresh surge above the $2,650 resistance. ETH is up over 10% and might aim for a move above the $2,850 resistance.
Dog-themed meme coin First Neiro On Ethereum (NEIRO) emerged as the biggest beneficiary of the Donald Trump-induced cryptocurrency market rally Wednesday. What happened: NEIRO, named after the newly adopted Shiba Inu pup of the owner of Kabosu, the inspiration of Dogecoin (CRYPTO: DOGE) and many dog-themed cryptocurrencies, swelled 53% over the last 24 hours.
Amid Bitcoins climb to a new all-time high, an Ethereum whale stunned the market by selling 14,240 ETH at a substantial $12.8 million loss. The whales surprising decision highlights diverging trends in cryptos biggest assets and the volatility of the current market.
Ethereum mirrors Solana's bullish breakout pattern; indicators suggest strong potential upward movement.
Ethereum has surged over 8% following Donald Trump's election victory, igniting fresh optimism among investors. Despite this rally, ETH still trades below a crucial resistance level, keeping the price in check since early August.
Leading cryptocurrencies gave a thumbs up to Donald Trump's presidential victory in anticipation of a friendlier White House. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m.
Solana's recent action was outstanding: it printed what traders call a god candle — a single enormous 12% spike during the day. These candles are usually unexpected even in a market that is otherwise doing well, and they indicate strong bullish momentum.
The vast majority of Tether's USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.