Key takeaways: Ethereum’s Merge will happen today on the Ropsten Testnet. A successful Merge of the Beacon Chain and the Ropsten testnet will be the first signal of a potentially successful launch on the Ethereum mainnet. Investors look forward to the transition of Ethereum to a Proof-of-stake algorithm as it will mean lower fees and a sustainable future for ETH. […]

According to data from Glassnode, the total number of Ether (ETH) locked in Ethereum’s Eth 2.0 has surpassed 12.764M as the layer one network inches closer to upgrading to a proof of stake blockchain. Since Eth 2.0 staking went live in November 2020, 398,000 unique validators have deposited Ether on the beacon chain with 19,800 additional validators onboarding in the […]

Summary: Ethereum addresses holding one or more ETH has hit a new all-time high of 1.484 million. Deposits also continue to flow into the ETH 2.0 contract hitting a new all-time high of 12.785 million ETH. The on-chain metrics hint toward Ethereum investors playing the long game with ETH. Bitmex’s Arthur Hayes still believes Ethereum could hit $10k by the […]

Ethereum’s transition to Proof-of-Stake is one step closer and the experts are excited over the effects it will have on the network. The Ropsten testnet merge was a giant leap towards the transition and the final sprint is underway. Gas fees and spikes in values are part of the range of features that Ethereum’s community is looking up to. Ethereum […]

Ethereum 2.0 Could Happen This August According To Preston Van Loon And Vitalik Buterin. The Merge is arguable the biggest event in crypto history as Ethereum is the second-largest blockchain in the ecosystem and one of the oldest networks to leverage decentralized technology.  Both ETH core developer Preston Van Loon and Co-Founder Vitalik Buterin have suggested that the transition could […]

At the time of writing, the crypto exchanges of Bitrue and Huobi have announced support for the new chain and will go on to list the new digital asset of LUNA, expected to launch on May 27th. Furthermore, both exchanges are working out the details of the potential subsequent airdrop of LUNA tokens to Terra Classic (LUNC) holders. Source: Read […]

Ethereum Has Between 7 – 50 Million Active Users Similarly, the team at A16z had concluded in a recent report that the number of active users on Ethereum is between seven to fifty million. Furthermore, this amount of active users was similar to ‘the early commercial internet, that puts us somewhere circa 1995 in terms of development.’ Additionally, using an estimated […]

Popular crypto analytics and market commentary show InvestAnswers says that Solana ($SOL) is likely still the top competitor for Ethereum ($ETH).  Speaking in a recent YouTube video, the show’s host told viewers that he still considers Solana a hedge against Ethereum and maintains his “day one thesis” that Solana is a potential “ETH killer. The host noted that Solana has […]