ETHEREUM
Ethereum Layer 2 Continues to Gain Steam as ETH Realized Capitalization Soars
Ethereum layer 2 seeks to address the challenge of scalability, given that it’s a distinct network running on top of Ethereum Mainnet (layer 1).
Burnt Ether Tops 1 Million ETH as Non-Zero Ethereum Addresses Break the Record
Ethereum has been making notable strides in terms of burnt Ether after crossing the 1 million ETH mark.
ENS Has Generated Approximately $20M in Revenue Since Launch
The diversification of the Ethereum network has created many use cases like the Ethereum Name Service (ENS).
Ethereum’s Transaction Volume Hits a 5-Month High
Despite Ethereum (ETH) correcting from the historic high of $4,860 attained recently, the second-largest cryptocurrency is still experiencing high transaction volume on its network.
Ethereum Shifting to Cold Wallets for DeFi-Related & Holding Activities
ETH supply on exchanges has been shrinking by being transferred to cold storage.
Ether’s Net Issuance Dropped from Over 4% to 0.21% Last Week
Ethereum's supply continues to diminish based on the London Hardfork or EIP-1559 upgrade.
Ethereum’s Open Interest Surges to Historic Highs of $13B
Ethereum's open interest has been rising in tandem with the price based on their strong correlation.
$5,000 Emerge as the Largest Open Interest Strike Price for Ethereum Options
Open interest is rising, with $5,000 being the largest strike price for Ethereum options.
Ethereum’s Top 5 Mining Pools Account for 65.4% of ETH Blocks
Ethereum miners have cashed in the most in the crypto space so far this year, even surpassing Bitcoin miners.
The Number of Non-Zero Ethereum Addresses Hit an ATH
The Ethereum (ETH) network continues to attract more participants because the number of non-zero addresses broke the record at 66,552,716.
