TL;DR Significant Fee Reduction: Vitalik Buterin's proposal aims to cut Ethereum gas fees by up to 80%, making transactions more affordable for users. Efficiency and Speed: The changes focus on improving transaction processing efficiency, potentially increasing Ethereum's transaction speed by up to five times.
The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.
The exploiter has moved around 20,500 Ether (ETH), worth approximately $52 million so far.
Ethereum co-founder Vitalik Buterin has recently shared a plan to improve the gas fee structure that can boost ETH's transactions per second (TPS) by 1.5x amid the rising competition from the Solana blockchain. Buterin said that this would help to improve the transaction efficiency without compromising the network performance.
It will be possible to perform stateless verification that does not require storing the entire blockchain.
Solana continues to offer the best returns in the crypto market, surpassing even the performance of Bitcoin and Ethereum.
Ethereum price has been dropping for the third day in a row after failing to break past the $2,700 mark.
High gas prices have historically been a problem for Ethereum during times of high demand. These charges, which are a result of network congestion, have been an ongoing issue.
Ethereum co-founder Vitalik Buterin has just announced an Ethereum upgrade which aims to make blockchain verification mainstream.
Ethereum's next upgrade, “The Verge,” will drastically reduce hardware requirements, making node operations accessible on everyday devices like phones and smartwatches.
On Oct. 23, the ETH/BTC pair reached its lowest level since April 2021, plunging to just 0.0375 BTC. It has now fallen by 55% from its record high.
The Ethereum network continues to grow steadily, reaching new highs in validators and staked Ether this year, but this might not be the best outcome for the ecosystem going forward.
The Ethereum fear, uncertainty, and doubt within the crypto community is still high as the asset continues to slide.
The cryptocurrency market is facing sustained selling pressure, leading to a shift in overall sentiment towards a downtrend. However, Solana (SOL), the fifth-largest cryptocurrency by market capitalization, is beating the trend as it gains attention from investors. Despite the bearish environment in the crypto market, SOL prices jumped 5% over the last 24 hours.
Nearly all of the stolen loot from Radiant Capital has now been moved to the Ethereum network, which usually isn't a good sign for those hoping for recovery.
The world of cryptocurrency is dynamic and ever-evolving, and one of the most significant developments in recent months has been the meteoric rise of Tether (USDT). As of late October 2024, USDT's market capitalization has surpassed a staggering $120 billion, solidifying its position as the leading stable coin in the crypto market.
Here's why BitBoy believe XRP could flip ETH by 2025 and front a 30X price rally to $15.6.
Ethereum Layer-1 competitor Solana (SOL) is making waves with a rapid surge of daily revenue on the platform. As a result, the SOL price has shot up 5.62% as of press time moving all the way to $174 and a market cap of $82 billion.
Ethereum price extended losses and tested the $2,450 support zone. ETH is recovering losses and faces many hurdles near the $2,550 level.
After years of refinement, Ethereum, the world's largest smart contracts platform, is scaling. However, it does not scale in the way most decentralization purists desire.
Ethereum's price could be poised for a historic rally, according to cryptocurrency analysts who, using technical analysis, pointed to a rise to as much as $10,000 per ETH, up from the cryptocurrency's current $2,570 price tag.
Vitalik Buterin has unveiled the latest roadmap phase, “The Verge,” which proposes a groundbreaking shift in blockchain technology to make transaction verification possible on devices as small as smartwatches — something previously unimaginable. In a detailed blog post on Oct.
Leverage in the market appears to be rising to unsustainable levels.
According to veteran trader Peter Brandt, Ethereum might have just seen its future looking brighter. Known for his technical forecasts, Brandt feels the altcoin is on the verge of a bullish turnaround.
After the Dencun upgrade lowered Ethereum fees, a recent surge in Blob fees was triggered by a major L2 token airdrop.
Ethereum price followed the broader crypto market sell-off, but its longer term price weakness is driven by network-specific factors.
Cryptocurrency markets are down on Wednesday, pushing crypto long liquidations to the highest since Oct. 15. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,169.96 -2% Ethereum (CRYPTO: ETH) $2,503.20 -4.8% Solana (CRYPTO: SOL) $170.11 +0.99% Dogecoin (CRYPTO: DOGE) $0.1364 -2.7% Shiba Inu (CRYPTO: SHIB) $0.00001738 -4.9% Notable Statistics: IntoTheBlock data shows large transaction volume inching higher by 0.7% and daily active addresses falling by 12.5%.
Ripple CEO Brad Garlinghouse believes that an XRP exchange-traded fund will get approved by the SEC following recent filings.
Ethereum has had a turbulent start to the week, and data suggests that further declines may be on the way. As Bitcoin loses momentum and drops below immediate support levels in recent hours, selling pressure on Ethereum is increasing.
Three fundamental metrics appear to be driving Ethereum lower today.
Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.
Ethereum (ETH) held in accumulation wallets has surged to over 19 million as of October 18, 2024. This marks an impressive 65% increase since the year began, underscoring a growing wave of interest from both individual and institutional investors.
Several positive developments have been cited lately around the Ethereum blockchain network, one of which is the recent significant drop in the network's transaction fees after a period of extremely high costs, which has historically been a major challenge for users.
Bitcoin's correction ignited selling in altcoins, which are slipping below critical support levels.
Ethereum (ETH) bulls have a big task at hand despite helping the altcoin price rise above $2,700 earlier. This time, the new mission is to prevent ETH from going below $2,400, which is a crucial support level.
A negative Coinbase Premium Index suggests larger investors are reducing their exposure to Ethereum, adding selling pressure to the market.
Orbs, the decentralised Layer-3 blockchain optimised for on-chain trading, has announced the integration of its Liquidity hub with leading multi-chain DEX, platform QuickSwap. The decision follows an overwhelming approval via a governance vote on QuickSwap.
Ethereum's network could progress towards stateless validation as its data storage and verification needs grow. Co-founder Vitalik Buterin proposes 2 solutions for this transition—Verkle trees and STARKs.
Are we witnessing a major shift in blockchain adoption as Solana's user numbers skyrocket, or will Ethereum's continued dominance in high-value applications keep it ahead in the long run? Solana's massive comeback Solana (SOL), one of the most promising blockchain
Drama unfolds as a new Ethereum memecoin battles claims it's capitalizing on the forgotten Bellscoin project that came before Dogecoin.
CryptoQuant analyst warns of the potential for a short squeeze event as short positions grow exponentially.
Ethereum (ETH) price today trades at as of . This drop comes after ETH price opened today at $2,622.81 and hit a daily high of.
TL;DR Ethereum's Estimated Leverage Ratio has surged to unprecedented levels, indicating increased risk-taking and potential for significant price volatility. Lower transaction fees on the Ethereum network are boosting usage, but weak institutional demand suggests cautious market sentiment.
Ethereum price has had a rocky start to the week and data suggests that more downside could be on the way.
Raydium briefly outpaced Ethereum in daily fees, with its trading volume and TVL also seeing significant growth.
U.S. spot bitcoin exchange-traded funds (ETFs) hit a bump in the road on Tuesday, recording $79.09 million in net outflows. Meanwhile, ether ETFs turned things around, bringing in $11.94 million in net gains. Tuesday's Crypto ETF Action The 12 spot bitcoin ETFs struggled, shedding $79.09 million overall. However, three ETFs saw a bit of sunshine.
Indian regulators have reportedly supported banning private cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) and pushing for the use of Central Bank Digital Currency (CBDC). This development reinforces India's CBDC push, which started years ago.