Focus on the ecosystem surrounding Ethereum, the second‑largest network by market cap. Get insights into network upgrades, smart‑contract innovations, DeFi and NFT trends, staking developments and other Ethereum news today.
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.
Earlier in May, Bloomberg Senior Commodity Strategist Mike McGlone said that the price dip suggested that Bitcoin and altcoins had “entered the mainstream”. These sentiments are reiterated in the latest Crypto Outlook report.
Reese Witherspoon is the newest celebrity who has entered the thriving cryptocurrency sector by making her first ETH purchase.
The revealed interface showed two possible options: users would be able to send and receive tips via the Tip Jar feature on a Bitcoin or an Ethereum address attached to their profile.
Cardano is highly anticipating the launch of smart-contract capabilities on its network. This would allow it to rival Ethereum and other crypto assets that already have these capacities.