In just eight days, Ethereum’s Shanghai upgrade, also known as the Shapella hard fork, will let users withdraw their “staked ether.” However, despite the benefits this development is expected to bring, there are growing concerns that it could trigger a sell-off of unstaked ether, leading to uncertainty in the market.
Investors are still hopeful for a positive outlook in the cryptocurrency market during April, despite March being a bullish month for most cryptocurrencies. There is speculation that the market could reach new all-time highs in the coming weeks. The crypto market is gaining popularity and momentum, and historical trends indicate
The first altcoin, Ethereum (ETH), continued to surge in price over the past week. The trading price of ETH has increased by 3.75% in the last 24 hours. Moreover, it reached an eight-month high on Tuesday. At the same time, the global market cap also surged over 1.49% in the
Ethereum’s price, surpassed market leader Bitcoin (BTC) and hit an eight-month high on Tuesday as U.S. stock futures surged and the dollar index fell. The 24-hour high for the cryptocurrency was $1,886, which is the highest price it has been since August. Messari reports that Ether has lost some of
The price of Ethereum (ETH) has been steadily climbing in anticipation of a much-anticipated upgrade. Investors are keenly awaiting the upgrade and speculating on whether or not its implementation will lead to an explosive surge in the price of ETH. The Shapella upgrade, which is set to bring significant improvements
ArchiveNode.io, an Ethereum mainnet archive node service, has announced it would be closing down. After more than three years of offering free Ethereum mainnet archive node services to developers, students, and academics, ArchiveNode.io announced the news on April 4. To maintain a complete record of past state transitions in the
Arbitrum is a network that allows users to transact with lower fees on Ethereum. After high anticipation, Arbitrum released their token ARB airdrop live on March 23. The Ethereum layer-2 scaling solution is distributed over 1 billion ARB tokens. That causes the market capitalization to be around $1.5 billion. The
Zero-knowledge Ethereum Virtual Machines (zk-EVMs) were advocated for use on the Ethereum mainnet by Vitalik Buterin. The Ethereum co-founder said on his blog that zk-EVMs will increase Ethereum’s transaction verification speed without compromising the network’s decentralization or security. The Russian-Canadian developer claims that Ethereum’s multi-client philosophy, which allows users to
As no blocks were created on the Layer-2 blockchain on Saturday, zkSync Era was unavailable for more than four hours. One of the primary Ethereum Layer-2 scaling options compatible with Ethereum Virtual Machine (EVM) is zkSync Era, which debuted its mainnet on March 24 and is based on zero-knowledge proof
On March 27, Polygon launched zkEVM Mainnet Beta, enabling their first transaction done by Ethereum’s co-founder sending 0.005 ETH. Earlier today, Polygon zkEVM is supported on one of the Coinbase products, Coinbase Wallet. Congrats to the @0xPolygon team for this big web3 innovation! 👏 Polygon zkEVM is supported on Coinbase
