Ethereum price has had a rocky start to the week and data suggests that more downside could be on the way.
Ethereum news
RedStone is the first large oracle to launch on the Ethereum restaking protocol.
Ethereum blob fees briefly surged to a price of $4.52 spurred by a frenzy of Scroll airdrop claims.
Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama.
ANZ Bank will be among the first clients to debut Chainlink’s privacy-preserving tech for tokenized RWA settlement under Singapore’s Project Guardian.
Buterin recommended capping the amount of Ether a user can stake and limiting staking penalties to 12.5% of staked Ether.
A crypto analyst highlighted a 65% increase in Ethereum held in accumulation wallets since the start of 2024, arguing that it’s no longer just for “tech enthusiasts.”
Some top LSTs have previously seen price deviations of up to 77% from Ether’s price due to mass sell-offs paired with liquidations on leveraged lending protocols.
Trump’s munch-awaited token launch recorded disappointing sales numbers, while investors are becoming concerned about Ethereum block builder centralization.
Users must first mint a non-fungible token on the Base layer-2 network to redeem the NFT for the upcoming crypto-native device.