This week, Ethereum’s Layer 2 ecosystem hit 12.42 million transactions in a single day. But despite this upswing, the number of active users has declined for four consecutive weeks. Is it time for Optimism, Arbitrum, and Polygon (MATIC) holders to…
Tag: Ethereum
Could This Be the Best Time to Transact on Ethereum? Gas Fees Say Yes!
Reduced transaction activity on Ethereum directly influences gas fees, with lower demand leading to more affordable transaction costs. Layer 2 solutions contribute significantly by offloading transactions from the Ethereum mainnet, easing congestion and lowering fees. Ethereum’s mainnet gas fees have…
Chainlink’s Price Teeters at $10—Here’s Why $23 Might Be Around the Corner!
Chainlink’s price stabilization at $10 suggests potential growth; RSI indicates possible uptrend from $9.65 support. Declining LINK balances on exchanges hint at reduced selling pressure, possibly foretelling an upcoming price surge. Chainlink’s (LINK) price has been in a state of…
Is Tron the New King of Crypto? Surpassing Ethereum’s Revenue by Millions!
Daily financial figures show Tron generated $10.5 million in revenue from $197.8 million in trading volume. Tron develops technology for fee-free stablecoin transfers across EVM-compatible blockchains, enhancing cryptocurrency utility. Recent data reveals that Tron’s network has surpassed Ethereum in terms…
Solana Under Fire: Ponzi Scheme Accusations and Technical Issues Rock the Network
85% of Solana transactions are for validation, raising questions about the network’s actual usage. A small group of validators controls a significant portion of network resources, jeopardizing decentralization. Solana, often hailed as the “Ethereum-killer,” is facing serious accusations. Critics claim…
Hedge Your Bets: Analysts Discuss Best Ways to Diversify Your Portfolio Ahead of The Q3 Bullrun
With a massive bull run around the corner, crypto traders are on a market-wide search for the most explosive tokens right now. While Ethereum and BNB are struggling to maintain a bullish momentum, all eyes are on newcomer Rollblock (RBLK).…
Urgent: Top 5 Altcoins to Buy Now Before They Explode in Value!
Ready for the next big thing in the crypto world? A handful of altcoins are poised for significant gains, offering incredible investment potential. Curious about which coins are set to take off? This guide unveils the top contenders that could…
Ethereum’s Price at a Crossroads: 20% Drop Looms, But Long-Term Prospects Remain Strong
On-chain data suggests a potential 20% decline in Ethereum’s price in the near future. Despite the short-term bearish outlook, Ethereum’s long-term prospects remain positive due to ongoing developments and increasing adoption. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is…
Shadow Finances: Russia Covertly Gathers $2.3 Billion Under Western Watch
Russia has covertly amassed $2.3 billion in US dollars, underscoring its continued reliance on the currency despite international sanctions. This financial maneuvering involved intricate routes through non-sanctioning countries like Turkey and the UAE, exploiting loopholes in the global financial system.…
USDC on the iPhone: Contactless Payments with Stablecoins Coming Soon
Apple opens NFC technology to third-party developers, enabling USDC Tap-to-Pay. Circle CEO confirms imminent launch, initially in selected countries. The future of contactless payments could soon reach a new dimension: USDC, the leading stablecoin from Circle, could soon be available…