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Two economists recently discussed the forthcoming Nobel Prize in Economic Science and the possible outcome for this year’s ceremony, naming Ethereum’s co-founder, Vitalik Buterin, as their unconventional pick for his contribution to crypto.
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NFTs dominated headlines from late 2020 throughout 2021 before peaking in early 2022. By November 2020, the global NFT sales volume was around $8 million.
NFT Market Down 92% From January 2022 Peaks: Best Time To Invest?
However, roughly 13 months later, this had grown to over $6 billion.
Holonym Foundation partnered with Renzo Protocol, an Ethereum Liquid Restaking Protocol, to strengthen the Mishti network’s security and the company’s Digital Identity Solution: Human Keys.
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On-chain data shows the Ethereum whales have been participating in constant distribution for the last six months, a sign that’s not ideal for ETH.
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Ethereum is at a critical juncture after failing to break above the $2,500 mark yesterday, leaving investors uncertain about its next move. As the broader crypto market anticipates a rally, Ethereum traders closely monitor signs of strength within the network.
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Ethereum bulls might struggle for momentum at press time, but other onchain data points to interesting developments. While ETH is trading above $2,400 but capped by determined sellers, IntoTheBlock data shows that nearly 30% of all circulating ETH has been staked.
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The crypto market recently suffered a significant downturn due to the escalating geopolitical tensions in the Middle East, with several large-cap assets shedding their recently-accrued gains over the past week.
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Ava Protocol, the event-driven EigenLayer Active Validated Service (AVS), joined Sony Block Solutions Labs to support developers and creators on Sony’s public Ethereum Layer-2 (L2) blockchain, seeking to simplify users’ experience and open opportunities by bringing automation to Soneium.
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Ethereum’s co-founder, Vitalik Buterin, recently discussed war-related markets on prediction betting platforms. Buterin defended the existence of the Hezbollah betting section in Polymarket, noting their role as decentralized information tools for viewers.
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Ethereum remains by far the largest smart contracts platform by market cap. Perched at second in the market cap leaderboard, the network hosts dapps cutting across multiple sectors.
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On-chain data shows that Ethereum transaction fees have been rising again recently. Here’s what could be behind this trend.
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Following the Solana 1,000% run-up in 2023 and its re-entry into the crypto top 10 by market cap, it has been pitched against Ethereum once again. This was further propelled by the fact that Solana saw its blockchain activity surpass Ethereum’s, and even bringing in more revenue at a time.
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The battle for supremacy among the top blockchains such as Bitcoin, Ethereum, and Cardano waxes strong, and this time around, Charles Hoskinson is the one taking shots. This comes after the highly anticipated Chang hard fork was completely, moving the Cardano blockchain to a new governance.
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