Ethereum is generally maintaining its bullish trend and should the current accumulation be sustained, the digital currency is billed to test more ambitious price levels in the coming weeks.
Ethereum is currently retesting September’s daily highs with the momentum pointing towards a new ATH.
Aurora said that it will use the funds for the development and maintenance of the EVM along with the bridges that it is currently operating between Ethereum and NEAR.
By leveraging the NEAR Protocol Opera users will be able to enjoy the speed and scale with a much lower gas fee than Ethereum offers. The users will be able to transact NEAR assets directly within the Opera browser.
The Polygon network pulled in a higher number of active addresses than Ethereum, with MATIC jumping more than 5% in the last 24 hours.
The EIP-3554 implementation delays the activation of the difficulty bomb by six months giving some extra time for miners. However, the developments with PoS transition make it clear that Ethereum miners’ revenue will slowly come down to nil.
Eth 2.0 is anticipated to deal with mainnet’s low throughput and high transaction fees compared to the upcoming smart contract blockchain dubbed Ethereum killers.
The comparison was drawn by the senior economist and market strategist at the bank – Marion Laboure.
The Ethereum network started facing congestion, which in turn resulted in very high gas fees being charged from users making transactions on the blockchain.
As per the recent cup-and-handle formation, Ethereum is all set to give a bullish breakout above $4,112 levels post which it can rally all the way to $6,500 and above.
The list prepared by Time Magazine is a part of their annual segment that documents some of the most significant personalities of the world.
This is one of the major attacks faced by Solana blockchain after SOL major rally over the last month. The validator community has successfully managed to restart the mainnet beta.
The new funding is billed to be used to develop the Eden Network infrastructure through product research and development.
Standard Chartered also said that Ether has more functionality and may potentially replace Bitcoin as the world’s most prominent crypto.
Kellka expressed his views on the recent network update that was announced by Ethereum’s founder Vitalik Buterin.