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June has been a big month for Ethereum, with three recent testnet launched over the last month. A final one is due on June 26. These testnet releases are in the lead up to London hardfork.
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The last year has been a big one for the Ethereum network as it ushered in Ethereum 2.0.
Ethereum continues to get fundamentally stronger in terms of becoming a decentralized financial layer and almost a quarter of the supply is now locked in smart contracts.
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Crowd sentiment towards Ethereum is still negative
Negative sentiment usually precedes a price increment by Ethereum
$2,800 is still the level to break for Ethereum to return to bullishness
Historically, Ethereum’s gains during the second half of any year, have been lower than the first half
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Ethereum gas fees have dropped to a new monthly low on Sunday. This comes off the back of a large price correction seen in May.
ETH gas fees dropped to ten gwei on Sunday. The latest drop in gas fees now sees ethereum transactions as being more viable once again.
Speaking on Lex Fridman’s podcast this week Ethereum co-founder Vitalik Buterin spoke candidly about his relationship with Cardano founder and co-founder of Ethereum Charles Hoskinson.
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As of June 1, Ether (ETH) has dipped by more than 40% after establishing a record high of $4,384 in May.
The major move downhill in the world’s second-largest cryptocurrency by market cap has prompted many analysts to predict additional declines.
Matter Labs has launched a testnet for the second iteration of its zkSync scaling solution, which has taken another step towards solving the Ethereum blockchain trilemma.
In a June 1 announcement, Matter Labs revealed that the alpha version of zkEVM testnet had gone live.
The number of Ethereum addresses holding 0.01+ ETH has hit a new all-time high of 15.71 million
This is indicative of growth in the Ethereum ecosystem through use of ETH or holding as an investment
Ethereum investors keep locking their funds in the ETH2.0 contract that now has 5.
The number of Ethereum addresses holding 100+ ETH drops to a 3 year low
Such a drop is indicative of some ETH investors taking profits
However, the premium on Grayscale’s Ethereum Trust has turned positive hinting of institutional interest
Ethereum is back above $2k and could eventually return to l
657,770 Ethereum worth $1.973 Billion has left crypto exchanges in the last week
11,933 Bitcoin has been sent to exchanges in the same time period
ETH investors continue to play the long game with Ethereum
The Ethereum 2.0 deposit contract now has 4.