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ETH Layer 2 Transaction Surge Post Dencun Upgrade, Base Tops Solana

Since the Dencun upgrade, Ethereum layer 2 (L2) transactions have experienced a remarkable surge, marking a 196% increase to reach 5.67 million transactions settled on the top L2 platforms. The number of transactions on ETH layer 2s has skyrocketed following the Dencun upgrade. ➖The number of transactions settled on the top L2s has increased by […]

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BlackRock Launches Tokenized Asset Fund On Ethereum Network

In a significant move for the crypto industry, BlackRock has debuted its tokenized asset fund on the Ethereum network and solidified its commitment to asset tokenization by investing in Securitize, a leading company in the field. The fund, represented by the blockchain-based BUIDL token, boasts full backing from cash, U.S. Treasuries, and repurchase agreements.  BlackRock […]

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Base Surpasses 1 Million Active Addresses, Leads Ethereum Layer 2s

March 16th marked a significant milestone for Base as it reached over 1 million active addresses, securing its position as the top Ethereum Layer 2 solution. This achievement underscores the platform’s growing prominence within the Ethereum ecosystem. On March 16th, @base achieved a milestone by surpassing 1 million active addresses, claiming the top spot among […]

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Ethereum Faces Volatility Amidst Speculation On ETF Approval

In recent trading sessions, Ethereum ($ETH) experienced a notable price drop of over 10% from its peak of $4,000. However, despite this downturn, a significant majority of Ethereum holders, approximately 89%, remain in a profitable position.  As investors assess the potential for Ethereum’s price to rebound towards the $4,000 range, on-chain data highlights a key […]

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Maker Co-Founder’s Token Exchange Sparks MKR Surge

Rune Christensen, one of the co-founders of Maker, recently orchestrated significant token exchanges involving SHIB, the native token of Shiba Inu, and LDO, the native token of Lido DAO, in favor of MKR, Maker’s native token.  These transactions, revealed through on-chain reports, had a substantial impact not only on MKR’s value within the Ethereum-based smart […]

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EigenLayer Transforms Ethereum Ecosystem With Enhanced Security And Validation

The Ethereum ecosystem is experiencing a profound transformation with the advent of EigenLayer, a protocol designed to bolster the network’s security and utility for ETH stakeholders. Through the validation of various software modules, known as Actively Validated Services (AVS), EigenLayer is fortifying Ethereum’s resilience and functionality. EigenLayer’s remarkable ascent is evident in its total value […]

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Bitcoin And Ethereum Surge As Trading Volume Peaks

Today, Bitcoin (BTC) rallied by 4.57%, breaking the $59,000 mark, while Ethereum (ETH) also saw a 2.7% increase, reaching beyond $3,300. Coinglass reported that within the last 24 hours, a total of $233 million was liquidated, with $131 million attributed to short orders, resulting in the liquidation of 79,700 individuals. BTC rose 4.57% to cross […]

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Ethereum Surpasses $3000 Mark Amidst Whales’ Accumulation

In a significant move for the cryptocurrency market, Ethereum, the second-largest digital asset, breached the $3000 milestone yesterday, marking a notable achievement in its price trajectory. However, today saw a slight retracement, with Ethereum dipping to $2,900, reflecting a marginal 1% decline. The surge past the $3000 mark prompted a considerable number of Ethereum addresses, […]

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Ethereum Surges Past $2,900 As Dencun Update Anticipation Grows

The price of Ethereum (ETH) continues its upward trajectory, surpassing $2,900 with a gain of over 4% today. This surge comes amid heightened anticipation for the upcoming Dencun update, signaling growing interest and excitement within the cryptocurrency community towards the altcoin. Ethereum co-founder Vitalik Buterin’s recent discussion on the potential applications of artificial intelligence (AI) […]

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TRON Emerges As Premier Blockchain For USDT Transactions

The transaction volume of USDT on the TRON Network has been on a steady rise, consistently surpassing the $10 billion mark in daily on-chain transactions since October 2023. This trend underscores TRON’s prominence as the top blockchain for USDT transactions, reflecting its reliability and efficiency in handling significant transaction volumes. The transaction volume of USDT […]