{"id":17156,"date":"2024-09-20T18:24:48","date_gmt":"2024-09-20T15:24:48","guid":{"rendered":"https:\/\/forklog.com\/en\/conditions-for-boosting-ethereums-on-chain-activity-identified-by-expert\/"},"modified":"2024-09-20T18:24:48","modified_gmt":"2024-09-20T15:24:48","slug":"conditions-for-boosting-ethereums-on-chain-activity-identified-by-expert","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/conditions-for-boosting-ethereums-on-chain-activity-identified-by-expert\/","title":{"rendered":"Conditions for Boosting Ethereum&#8217;s On-Chain Activity Identified by Expert"},"content":{"rendered":"<p>Ethereum network activity could see a significant uptick if the current cryptocurrency rally evolves into a sustained bull market, according to <a href=\"https:\/\/www.theblock.co\/post\/317516\/ethereum-network-activity-bull-market-analysts\">The Block<\/a>&#8216;s Jasper de Maer from Outlier Ventures.<\/p>\n<p>The analyst highlighted that speculation and increased engagement with <span data-descr=\"decentralized applications\" class=\"old_tooltip\">dapps<\/span> will primarily drive this growth.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Airdrops will support activity in the latter, as many companies will conduct <span class=\"old_tooltip\">TGE<\/span> and launch mainnets,&#8221;<\/em> de Maer noted.<\/p>\n<\/blockquote>\n<p>According to the expert, there is significant pent-up demand from projects intending to launch on Ethereum, indicating the potential for a wave of new offerings across various cryptocurrency sectors.<\/p>\n<p>The expert also pointed to a high likelihood of &#8220;smart money&#8221; returning to the DeFi sector.<\/p>\n<p>In de Maer&#8217;s view, the pace of RWA product adoption may slow down, as &#8220;most tokenizations occurred in assets like U.S. Treasury bills.&#8221;<\/p>\n<p>Earlier, CryptoQuant outlined conditions for the &#8220;parabolic growth&#8221; of the second-largest cryptocurrency by market capitalization.<\/p>\n<p>Derive founder Nick Forster expressed doubt about Ethereum returning to its <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span> by the end of the year.<\/p>\n<p>Back in September, former BitMEX CEO Arthur Hayes noted the potential for a decline in stocks and other risky assets following the Federal Reserve&#8217;s meeting on the 18th.<\/p>\n<p>The specialist expressed confidence in the imminent start of a bull cycle for the second-largest cryptocurrency by market capitalization, as the yield gap between U.S. Treasuries and ether narrows with further easing of Federal Reserve policy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum network activity could see a significant uptick if the current cryptocurrency rally evolves into a sustained bull market, according to The Block&#8216;s Jasper de Maer from Outlier Ventures. The analyst highlighted that speculation and increased engagement with dapps will primarily drive this growth. &#8220;Airdrops will support activity in the latter, as many companies will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1158,1146,1093,46,1224,1145,1308],"class_list":["post-17156","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-airdrops","tag-cryptocurrency-market-forecasts","tag-defi","tag-ethereum","tag-macroeconomics","tag-market-analysis","tag-rwa"],"aioseo_notices":[],"amp_enabled":true,"views":"77","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=17156"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/17155"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=17156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=17156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=17156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}