Fidelity’s spot Ether ETF led the pack with $115.5 million worth of inflows on Nov. 11, while BlackRock, Grayscale and Bitwise’s Ether ETFs also saw inflows.
Staking news
In November, L2s have been posting some 3x more transaction data each day to mainnet than they did in March.
EigenLayer kicked off programmatic EIGEN token incentives for restakers in October.
Solana-based restaking and liquid staking could follow the explosive growth trajectory of Ethereum’s liquid staking ecosystem.
If the Ethereum network makes a few critical adjustments, ETH price could sustainably rally to $3,000 and above.
Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC.
Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research.
Ethereum’s next upgrade, “The Verge,” will drastically reduce hardware requirements, making node operations accessible on everyday devices like phones and smartwatches.
Ethereum price followed the broader crypto market sell-off, but its longer term price weakness is driven by network-specific factors.
RedStone is the first large oracle to launch on the Ethereum restaking protocol.