Ethereum 2.0 deposit contract value reached an ATH of 16m ETH

According to data provided by Glassnode, the total value of the Ethereum 2.0 deposit contract reached new all-time highs (ATH) while the number of wallets in loss has dropped to a one-month low level.

Timeline of Ethereum

Ethereum price analysis reveals ETH price action has been bullish in the last 4 hours, surging from around $1,553 to over the $1,592 mark. The recent surge was triggered by a sudden influx of buying pressure which has supported the bulls in this crypto-assets market.

The number of Ethereum addresses holding a non-zero balance hit a new record high on Monday of 92.5 million. 2022's bear market, which culminated in the collapse of one of the world's former largest cryptocurrency exchanges in November, does not appear to have impacted growth in the number of non-zero balance addresses.

The Ethereum merge upgrade was once the most anticipated news in the crypto space, but now that it is in the past, the next anticipated update is the Shanghai network upgrade. As the scheduled Shanghai network upgrade, which is expected to be launched in March, draws near, the number of validators has been seen increasing.

Total addresses are the total number of unique addresses that ever appeared in a transaction of the native coin in the network. The post Litecoin has over 170.5 million total addresses now in use surpassing Ethereum appeared first on CryptoSlate.

Assets under management increased 13% thanks to higher crypto prices. The post Coinshares sees first inflow of ETH after two months; AUM up most since 2021 appeared first on The Block.

Ethereum's price has printed a substantial increase and finally surpassed the channel's upper boundary. In spite of this, the cryptocurrency is approaching a critical resistance zone, and if a breakout occurs, an impulsive uptrend would become more likely.

With the “Merge”, the Ethereum blockchain successfully mastered the biggest upgrade in its history on September 15 last year. Even before the switch to Proof of Stake (PoS), investors were able to stake ETH to receive rewards.

Ethereum (ETH) Layer 2 (L2) networks spent a record-breaking 32 billion gas — a year-on-year increase of 22.8% — to validate transactions and activate bridges between January 9 and January 15, according to Dune Analytics data. The post Ethereum mainnet hits record-breaking 32B weekly gas expenditure appeared first on CryptoSlate.

Ethereum 2.0 is upgrade to address scalability, sustainability, and long-term viability of Ethereum network. Introduction of PoS, shard chains, staking, layer-2 scaling solutions and more expected to shape the future of decentralized ecosystem.

Shibarium has been in the headlines since Shytoshi Kusama, the founder of the Shiba Inu ecosystem, teased about the project back in December. Ahead of this, SHIB – the native token of the ecosystem – gained 27% in the last 30 days.