Quick summary: The popularity of DeFi and Decentralized Exchanges since June 2020, has led to Ethereum experiencing high ETH fees Miners are reaping big from these Ethereum transactions thus attracting new miners to the network The...
Quick take: The average number of daily active Ethereum addresses has risen from 338,375 to 389,947 in the past 12 days During this time period, Ethereum’s network has grown by 13.2% The increased network activity is...
In summary: The Filecoin Mainnet will launch at epoch 148,888 estimated to occur on October 15th ConsenSys Codefi has added support for Filecoin to accelerate the adoption of the Network This will be by enabling users...
Quick take: DappRadar has released its Q3 DApp Industry Report Ethereum’s transaction volume grew by $109 Billion in Q3 when compared to Q2 Ethereum continues to dominate as the blockchain with the most DApp activity The...
Quick take: Ethereum’s mean hash rate has hit a new all-time high of 250 Terahash per second Ethereum’s hash rate has grown by 80% since the beginning of the year This is as a result of...
Quick take: Popular DeFi tokens such as YFI, COMP, SUSHI and CRV are down by over 60% since their all-time high values DeFi tokens continue to correct due to the current crypto market environment The overall...
Quick take: The team at Bloomberg has predicted that Ethereum could lose the number 2 spot to Tether (USDT) by next year Increasing demand and adoption of stablecoins is the major force behind Tether’s rise Stablecoins...
In summary: The top 5 NFT marketplaces on Ethereum have surpassed a 24-hour trade volume of $1 Million Such a high trade volume was usually reached after a week of NFT trading NFTs (Non-Fungible Tokens) are...
Summary: Ethereum continues to dominate the DeFi ecosystem In Q3 2020, Ethereum held 96% of DeFi’s total transaction volume Dapps that account for the majority of the total transaction volume were Uniswap, MarkerDay and Curve The...
Summary: The number of unique Ethereum daily addresses interacting with the ETH network has continued to decline since July The decline has accelerated since mid-September Back in August, Crypto analyst Timothy Peterson had predicted that Ethereum’s...
Quick take: Tradingview has added charts for trading pairs on the Uniswap protocol Typing ‘UNISWAP:’ into the Tradingview search box populates the top 100 symbols by Liquidity Uniswap continues to dominate the Decentralized Exchange industry Traders...
Quick take: Grayscale currently manages a total of $6.3 Billion in digital assets Its Ethereum trust is worth $869.7 Million This figure is approximately 2% of Ethereum’s market cap indicating Grayscale holds a similar percentage of...