Ethereum Gas Fee Drops To Its Lowest Since July 2021
The On-Chain data shows that Ethereum is in an accumulation phase as its price suffered a drop in recent weeks. During the current market downturn, the world’s second-largest cryptocurrency, Ethereum (ETH), has experienced a significant correction. While the price of Ethereum remains around $2,000, on-chain data suggests a possible price increase in the near term. […]
OpenEthereum Ends Support In Preparation For The Merge
The OpenEthereum team announced that they look forward to the next phase of clean, green, and massively scalable blockchain infrastructure as the support ends with the Merge fast approaching. OpenEthereum, one of the most popular Ethereum (ETH) clients, has discontinued support for its software in preparation for the upcoming Ethereum Merge. OpenEthereum develops “clients,” or […]
Uniswap hits major milestone of $1T in trading volume
Since its introduction on Ethereum in late 2018, the decentralized exchange (DEX) Uniswap has surpassed $1 trillion in total trading volume. However, this is based on a limited user base, indicating that there is a lot of room for expansion. After just over three years, the DEX’s number of cumulative addresses reached roughly 3.9 million […]
Ethereum Name Service reaches critical mass of awareness and adoption
Due to community awareness and low gas fees, the Ethereum Name Service (ENS) is having its best month ever in terms of new registrations, account renewals, and revenue according to recent metrics. Nick Johnson, the lead developer at Ethereum Name Service (ENS), tweeted on May 23 the numbers for the Web3 domain service thus far […]
Vitalik Says Ethereum (ETH) Merge May Happen In August
Vitalik Buterin says the long-awaited ETH merge may take place in August which is a move from the proof-of-work to proof-of-stake Vitalik Says ETH Merge To Happen In August The long-awaited merge of Ethereum (ETH) may finally be happening. Vitalik Buterin, who created the second-largest blockchain in the world, said the network’s move to proof-of-stake […]