Cecilialu

@cecilialu

14 Following

7 Followers

Cecilialu pfp

Both the transaction count and the number of active wallet addresses on Ethereum have seen a decline, indicating a decrease in overall network usage. Ethereum Layer 2 solutions experienced significant growth in August, processing far more transactions than the base chain. Specifically, Xai and Base have processed over 286.9 and 122.6 million transactions in the past 30 days, respectively, dwarfing Ethereum’s 32.9 million. Ethereum maintained its dominance in NFT sales volume, reaching $127.7 million in sales volume despite a slight decrease of 10% compared to July.

0 reply

0 recast

0 reaction

Cecilialu pfp

Ether underperformed in August, falling 21% despite the launch of U.S. spot Ether ETFs. Ethereum’s inflationary supply dynamics, with issuance exceeding burning, could dampen the price. Ether ETFs witnessed significant outflows, exceeding $562.5 million, creating additional selling pressure. Network fees have seen a major decline, raising concerns about staker revenue and network security.

0 reply

0 recast

0 reaction

Cecilialu pfp

Crypto Advisory Council Set to Potentially Include About 24 Industry Leaders

0 reply

1 recast

1 reaction

Cecilialu pfp

Scammers Steal $2.2M Worth Crypto From New York Residents in Promise of Remote Jobs

0 reply

1 recast

1 reaction

Cecilialu pfp

AI Trading Bot AlgosOne Claims 80% Success Rate in Bitcoin Trades

0 reply

1 recast

1 reaction

Cecilialu pfp

SKIN IN THE GAME: - Owning instead of passively observing - Believing in something regardless of which way the wind is blowing - Truth seeking instead of chasing short-term attention and money

0 reply

1 recast

1 reaction