Over the last 30 days, zkSync—Ethereum’s Layer 2 scalability solution—processed 34.7 million transactions, surpassing the Ethereum mainnet in terms of volume. L2Beat statistics shows that over the same time period, 34.2 million transactions were registered on Ethereum’s mainnet. Arbitrum followed with 31.4 million transactions in the last 30 days. On
Solana has seen significant growth in decentralized exchange (DEX) daily and weekly trading volumes compared to other major blockchain platforms like Ethereum. Recent data shows Solana exceeding $1.447 billion in daily DEX volume and over $10.786 billion in weekly volume. Solana’s weekly DEX volume now exceeds Ethereum’s reported $9.604 billion
Vitalik Buterin, co-founder of Ethereum, has suggested a method to simplify the proof-of-stake (PoS) consensus process “considerably simpler and lighter,” thereby reducing the strain on the Ethereum blockchain. Vitalik Buterin put forth a plan to lessen the stress on validators by decreasing the amount of signatures they need to generate
Arkham Intelligence, an on-chain service, said in a Thursday report that a wallet associated with former United States President Donald Trump transferred more than $2.4 million in ethereum (ETH) to cryptocurrency exchange Coinbase in the previous few weeks, likely to sell those holdings. After months of collecting Trump NFT royalties,
Ethereum (ETH) has long been a cornerstone in the ever-changing world of cryptocurrencies, having been a pioneer in the development of smart contracts and decentralized apps (dApps).But a fresh competitor, Retik Finance (RETIK), is gaining popularity quickly and luring investors in with its Presale. This dramatic change in interest points
The co-founder of Solana, Anatoly Yakovenko, brings attention to a new age of engagement between Solana and Ethereum. Solana is Ethereum, in his opinion. The path for crypto interoperability is laid forth by this remarkable notion. Crypto experts have long seen Solana as a potential rival to Ethereum. However, the
Ethereum (ETH) has long been a cornerstone of the crypto world, recent trends suggest that investors are turning their attention to alternative projects like Solana (SOL) and Retik Finance (RETIK). Ethereum (ETH) Price Analysis Ethereum, the second-largest cryptocurrency by market capitalization, has been a powerhouse in the decentralized finance (DeFi)
Since the Merge, around 339,121 ETH have left circulation, and deflation accelerated dramatically in the fourth quarter of 2023. The total circulating quantity of Ethereum (ETH) was 120.18 million as of this writing, the lowest since the network switched from proof-of-work (PoW) to proof-of-stake (PoS). An annual rate of 0.220%
Developers working on Ethereum are ramping up testing for the Dencun upgrade, a big milestone due next year that would increase data storage capacity using a new method called “proto-danksharding.” During their biweekly call on Thursday, the developers covered a lot of ground, including their plans to upgrade the Goerli
The widespread speculation that a Bitcoin Spot ETF is soon to be approved seems to be pumping investors’ optimism. Industry sentiment is becoming stronger as several industry professionals and organizations have said that the SEC might approve a Bitcoin Spot exchange-traded fund (ETF) as early as January 2024. The widely
