Liquid restaking on Ethereum has witnessed explosive growth in 2024. The Total Value Locked (TVL) has surged from $284 million at the start of the year to $17.26 billion by mid-December. This remarkable 6,000% increase underscores the growing demand for staked asset utility and capital efficiency in decentralized finance (DeFi).
The global crypto market has decided to stay bullish this weekend as depicted by the 1.38% increase. Leading cryptocurrency, Bitcoin has surpassed its past few days’ resistance at the $100K level and is holding ground as of writing. Meanwhile, the altcoin sector has shown different signals. Some tokens such as
Bears in the crypto market have reversed the momentum, pushing prices into the red zone. With Bitcoin continuing to trade above the anticipated $100K threshold, the market eyes on Ethereum to reclaim the $4K mark. Despite the current market trend, crypto analysts are targeting big, forecasting that Ethereum will soon
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is witnessing a bullish surge. It has climbed 7% in the last 24 hours and recorded a 17% rise over the past week. Despite this rally, the trading volume dipped 29% on the same day, reflecting mixed market sentiment. Research data reveals
Our community is known for its spot-on rallies and ‘blink of an eye’ moments. The last few hours cocked one such moment, with a particular event triggering a price rally. Bitcoin has reclaimed its $100K mark, which also caused Ethereum to surpass $4000. Moreover, this rally was further intensified by
With the altcoin season around the corner, major altcoins show varied trends. Despite rallying, the largest altcoin, Ethereum (ETH), is grappling at $3.6K. ETH should stage a strong upside correction to push the price past the $4K barrier. ETH has experienced a pullback in its price after visiting the $4K
Ethereum has demonstrated remarkable ecosystem growth, adding $7.79 billion to its Total Value Locked (TVL) in just one week. This surge, pushing the total TVL to $77.15 billion, represents the highest growth among all blockchain platforms and coincides with ETH’s brief touch of the $4,000 level. Understanding Ethereum TVL’s Significance
Ethereum is currently testing strong resistance near $4,000 and is trading at $3,890. If it breaks above this level, the price could target $4,200. Conversely, a breakdown below $3,800 may see prices retreat to $3,600. The RSI, currently at 67.23, reflects strong bullish momentum without signaling overbought conditions. Its 14-day
Justin Sun, the founder of Tron, deposited 29,920 ETH worth $119.7 million into HTX just nine hours ago, coinciding with Ethereum’s price surpassing the $4,000 threshold. This substantial transaction is part of a broader investment strategy where Sun accumulated 392,474 ETH between February and August of this year. The average
After an 8-month consolidation phase, Ethereum (ETH), the second largest cryptocurrency, climbed back to the $4K zone and recorded an intraday high of $4,093. The cryptocurrency’s rally was propelled by Bitcoin’s impressive rise above $103K, which has driven positive momentum for Ethereum and other leading altcoins in the crypto market.
