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 crypto industry is ever-changing, and new competitors are eyeing dethroning the most vigorous altcoin ruler, Ethereum. Even with a valuation of $3,771.61 and a market cap of $454.27 billion, that seems entirely feasible. Rexas Finance (RXS), Bonk, Uniswap (UNI), and Toncoin (TON) are newcomers offering a distinct value proposition
According to market analysts, Ether (ETH) is gearing up for a potential rally that could surpass its all-time high of $4,865 by the first quarter of 2025. While Bitcoin (BTC) recently surged past the $100,000 mark, Ether has struggled to stay above the $4,000 psychological threshold. Market Recovery and Reduced
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
The slow progress that Ethereum has made across key metrics compared to the larger market, including ETH dominance nearing its 2021 lows, has put it at the focus of a value discussion as mentioned in the latest Binance Research report titled ‘The ETH Value Debate’. This is despite the fact that
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
Aave and Chainlink emerged as the top cryptocurrency gainers on Thursday. The surge followed significant purchases by World Liberty Financial, a decentralized finance (DeFi) project linked to U.S. President-elect Donald Trump. AAVE led the market rally, climbing 19.24% in the past 24 hours to $361.60, its highest price since September
Searching for the next token that might match the success of Ethereum (ETH), Cardano (ADA), and Ripple (XRP), cryptocurrency investors never stop looking. Rexas Finance (RXS) is attracting interest as a potential rival since artificial intelligence forecasts a possible price increase following these market leaders. Rexas Finance is setting itself
Ethereum ranks second when it comes to the market capitalization of cryptocurrencies. Institutional investors and whale purchasers have long favoured Ethereum. Still the major actor in the crypto scene is Ethereum. Intense environments and creative contracts are well-known features of it. However, recent patterns indicate that Ethereum supporters are widening
As crypto undergoes a second day of downturn due to an overleveraged market, long-term traders know that this is just a temporary setback. Ethereum hit $4,000 but has since retraced to $3,770, but is still on track to hit $6000 in 2025. Meanwhile, altcoin season has begun, and we look
