After EigenLayer temporarily lifted its deposit limitations, its TVL surged to roughly $6 billion in the previous three days. According to DeFiLlama statistics, the amount of assets submitted to the restaking protocol has increased by around 170% from $2.15 billion when the window started on Feb. 5 to $5.85 billion
The introduction of ERC-404, a novel token standard that melds the functionalities of cryptocurrencies and non-fungible tokens (NFTs), has sparked significant excitement and traction within the Ethereum ecosystem. Unlike traditional ERC standards such as ERC-20 or ERC-721, ERC-404 presents a fusion of features, promising to revolutionize the landscape of digital
MEV, short for Miner Extractable Value, refers to the profits miners can extract from ordering transactions in certain ways on the Ethereum blockchain. Although most people don’t see it, MEV is essentially an invisible “tax” that users pay on their transactions without even realizing it. Its mysterious and concerning nature
ARK 21Shares has made changes to their spot Ether ETF application in order to implement a cash-creation approach, which is comparable to their authorized spot Bitcoin ETF. Additionally, they have also hinted to stake some of the ETF’s Ether in order to produce more revenue. After many conversations with the
Solana (SOL) bounces back with resilience following a temporary network outage on February 6th, reassuring investors as the cryptocurrency gains 6.56% in the past 24 hours, trading at $101 with a market cap of $44.3 billion. Additionally, the daily trading volume for SOL surged over 17% to reach $1.95 billion.
Ethereum recently faced rejection at Fibonacci (Fib) resistance and trended downward. However, its price has now bounced at a critical Fib support level, signaling that the coin may turn bullish again soon. This rebound suggests investors might resume purchases, potentially lifting ETH out of its post-resistance decline. Bear Cycle weighs
PANZ.NEXTGEN, the community-led startup behind the buzzed-about Bitcoin Ordinals project “Genesis Panz,” is launching its new NFT collection — ‘Lil Z’s Adventure’ — on the Ethereum blockchain. This upcoming ‘Gen2’ collection features 8,880 pandas appearing as younger iterations relative to the Gen1 collection. Similar to Genesis Panz, this Ethereum collection
Even if the crypto market as a whole is consolidating, Ethereum’s price has been rising over the last day. Though Invesco and Galaxy Digital’s spot Ethereum ETF approval was delayed by the U.S SEC recently, the price of Ethereum soared to $2,400 lately. There is a lot of hope among
EigenLayer, an Ethereum-based liquid restaking protocol, temporarily lifted its staking cap 14 hours ago, and since then, the total-value locked (TVL) has increased by a whopping $1 billion. In an effort to “invite organic demand” to the network, EigenLayer stated on February 5 that it will temporarily remove its 200,000
Predicting prices in the cryptocurrency market is risky due to its constantly altering landscape, but the attraction of having a sneak peek at what lies ahead is undeniable. Fascinating price projections for some well-known cryptocurrencies in 2024 have been produced by ChatGPT, an advanced AI language model created by OpenAI.
