Health Node Report Questions the Decentralization of SOL
The Decentralization of SOL has been questioned by health node report following the recent condition of the Solana’s network. For SOL, The validity of its validator network is examined in depth in its first report using key metrics. These consist of distribution, Nakamoto consensus, and the overall number of validators. Dissecting the SOL Nodes According […]
ETH whale transactions reach 2-month high amid Goerli testnet merger
Ethereum transactions have reached a 2-month high of $1,919 as institutional investors saw weeks of inflows amid the Goerli testnet merger. The transfer from Ethereum’s testnet to the mainnet was successfully completed with the merger of the Goerli testnet into the proof-of-stake (PoS) network. The mainnet transfer scheduled for September 19 may occur as planned […]
JPMorgan Claims Crypto Market Has Reached a Bottom
Despite Chairman Jamie Dimon’s prior criticism of Bitcoin, JPMorgan Chase now seems to be on the side of cryptocurrencies. This is following a brief recovery bounce, the cryptocurrency markets are presently being rejected. JPMorgan claims that despite the present market concerns, the markets may have reached a bottom. The Merge results in positive market metrics […]
Optimism TVL surpasses $1 billion ahead of The Merge upgrade
Ethereum layer-2- scaling solution Optimism has surpassed $1 billion in total value locked (TVL) which is nearly 300% M/M as The Merge upgrade approaches. Total value locked (TVL) on Optimism, a layer-2 scaling solution for the Ethereum blockchain, has increased 284 percent in the last month, according to data from DefiLlama. Users lending and borrowing […]
Institutions rush to Ethereum as Merge approaches: Report
Institutional investments in Ethereum products have increased as a result of “more clarity” surrounding the Merge, according a CoinShares research. According to the most recent CoinShares report, institutional investors are pouring money into Ethereum based digital asset funds, which have seen positive inflows for seven consecutive weeks. Last week, said inflows were $16.3 million, bringing […]