Ethereum | ForkLog

ForkLog 11 23.09.2024

Ethereum Transaction Fees Surge Nearly Fivefold

The average transaction fee on the Ethereum network has risen to $3.98, nearly five times the value at the beginning of September when it fell to $0.85. The recovery in transaction costs on the blockchain of the second-largest cryptocurrency by market capitalization has led to an increase in the rate of burning. On September 1, […]

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ForkLog 12 22.09.2024

Ethereum Whale Nets $131 Million in Two Years

In 2022, an anonymous investor put approximately $151.42 million into Ethereum, turning it into $283.15 million. This caught the attention of analysts at Lookonchain. This is a smart diamond hand, buying $ETH in the bear market and selling $ETH in the bull market, making $131.72M! This whale bought 96,639 $ETH($151.42M) from #Coinbase at $1,567 on […]

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ForkLog 77 20.09.2024

Conditions for Boosting Ethereum’s On-Chain Activity Identified by Expert

Ethereum network activity could see a significant uptick if the current cryptocurrency rally evolves into a sustained bull market, according to The Block‘s Jasper de Maer from Outlier Ventures. The analyst highlighted that speculation and increased engagement with dapps will primarily drive this growth. “Airdrops will support activity in the latter, as many companies will […]

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ForkLog 23 20.09.2024

Is there life after an airdrop? How L2s wither

Layer-2 (L2) solutions are a crucial pillar of Ethereum’s roadmap, and airdrops have stoked interest in them. But how sound is this strategy, and does it really lure new active participants into the segment? Oleg CashCoin studied the statistics of four leading L2 projects and found the opposite. How it began Thanks to the personal […]

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ForkLog 67 19.09.2024

K33 Research Identifies Sui as Solana’s Fiercest Rival

Sui’s technical capabilities and the upcoming release of a gaming console could position the network as a competitor to Solana, according to a report by K33 Research. Analysts currently view Solana as the best alternative to Ethereum in the “L1 wars,” but suggest that Sui might challenge this perception over time. “Since August, SOL/ETH has […]

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ForkLog 2622 19.09.2024

Global Premiere of Ethereum Documentary Featuring Vitalik Buterin

On September 18, a documentary film about the cryptocurrency Ethereum and its founder Vitalik Buterin, produced by Optimist studio, premiered in 23 countries. Read more. If you want to see the “Vitalik: An Ethereum Story” documentary in person, we’re showing it in theaters for a 1 day premiere on Sept. 18th! https://t.co/53FALZ8rPS We’re using GATHR® […]

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ForkLog 10 19.09.2024

Bitwise CIO: Critics of Ethereum Will Be Proven Wrong

Ethereum has recently faced criticism due to its negative price trend, but this situation is expected to change. This view was expressed by Bitwise’s Chief Investment Officer (CIO) Matt Hougan. “It’s currently fashionable to dislike Ethereum. I bet that in the end, this will look foolish,” he noted. In recent months, Ethereum has shown weakness. […]

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ForkLog 9 18.09.2024

Google Cloud Unveils Ethereum RPC Service

Google Cloud’s service has launched a remote procedure call (RPC) service, enabling developers to access blockchain data and functionality through an API. Google’s cloud division’s Blockchain RPC supports Ethereum’s main and test networks. Over the next year, additional blockchains are expected to be added. The tool is compatible with the Ethereum JSON-RPC standard, allowing developers […]

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ForkLog 15 16.09.2024

Ethereum Whale Begins Liquidating Part of 16,636 ETH Holdings

An investor who acquired 16,636 ETH in February 2016 for $87,135 has begun to partially realise profits. 一个在 2016 年 2 月以 $5.23 的单价从 @ShapeShift 接收到 16,636 枚 ETH 的远古鲸鱼，时隔 8 年半后开始出售这些 ETH。他在收到这些 ETH 后一直持有，直到 4 小时前将这 16,636 ETH ($39.62M) 转移到 0xe3e…566 地址，然后以 $2,340 的价格出售了 350 枚 ETH。他当时收到这 16,636 枚 ETH… pic.twitter.com/F0uljalb7l — 余烬 […]

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ForkLog 58 16.09.2024

Vitalik Buterin Highlights the Benefits of Solo Staking in Ethereum

Solo staking in Ethereum is crucial for the security and decentralisation of the second-largest cryptocurrency by market capitalisation, according to its co-founder, Vitalik Buterin, as reported by Cointelegraph. According to the expert, individual stakers form an uncoordinated and diverse group, reducing reliance on CEX. Even a small proportion of them can add an important decentralised […]

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ForkLog 16 16.09.2024

Ethereum Developers Consider Splitting Pectra Update into Two Phases

During the All Core Developers meeting, Ethereum developers proposed dividing the major Pectra update into two phases. The first phase is planned for activation in early 2025. The idea is being advanced to expedite the implementation of the first upgrade, potentially by February next year. “Splitting the fork only makes sense if we are talking […]

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ForkLog 22 13.09.2024

Expert Identifies Key Condition for Ethereum’s ‘Parabolic’ Surge

Ethereum traders’ sentiment requires a slight nudge for the asset’s price to embark on a ‘parabolic’ rise, according to CryptoQuant. Analysts noted that such a scenario will become possible when the funding rate for perpetual ETH contracts exceeds 0.015%. In this case, “the calm will turn into a storm,” they added. “To witness another parabolic […]

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