The best utility tokens to invest in during 2023

Most investors know that tokens that provide utility to the ecosystem that they help function generally make much better investments, as unlike coins that do not provide utility like meme coins, utility tokens will benefit from a consistent buying pressure brought about by the required use of the token.

Timeline of 1inch, Basic-attention-token, Bnb, Enjin-coin, Ethereum, Chainlink, Decentraland, , Xrp

On March 20, Euler Finance hacker sent a message to an Ethereum (ETH) address associated with the DeFi platform. In response, Euler issued an on-chain ultimatum demanding the return of the funds.

Ethereum recently dipped below $1,800 but is expected to gain traction ahead of the anticipated Shanghai upgrade. The surge in DeFi activity following the banking crisis, which led to investors moving funds into Ethereum-based DeFi protocols, signals a potential bull rally.

Crypto News: As the U.S. Securities and Exchange Commission (SEC) continues to regulate the digital asset industry through enforcement, the nation's Supreme court will hear the first ever crypto related case. However, XRP holders' lawyer has drawn his prediction around the lawsuit where US SEC might not have a good time.

On 20 March, Euler Finance's hacker sent a message to an Ethereum [ETH] address related to the DeFi platform. After Euler issued an on-chain ultimatum demanding the funds' return, the hacker offered to start a dialogue.

A popular crypto analyst known for calling the 2018 Bitcoin (BTC) bottom thinks Ethereum (ETH) is primed for a breakout. Pseudonymous trader Smart Contracter shares a chart with his 221,700 Twitter followers that suggests Ethereum could shoot up past the $1,900 range in short order.

Over the last few months, layer two (L2) protocols on the Ethereum [ETH] blockchain have gained noteworthy recognition. Needless to say, a project like Optimism [OP] sustained being the star among many.

In its legal battle with the U.S. Securities and Exchange Commission (SEC), Ripple Labs yesterday filed a Letter of Supplemental Authority to further bolster its fair notice defense. As legal experts had already suspected, Bitcoinist reported, the letter refers to Judge Michael Wiles' ruling in the Voyager bankruptcy case.

XRP Lawsuit News: Defendants Ripple labs Inc, Brad Garlinghouse, and Chris Larsen submitted their notice of supplemental authority which they claim is relevant to their opposition to the US SEC's Motion for Summary Judgement. The new filling in the long running legal tussle is one of the last attempts utilized by defendants to avert the The post XRP Lawsuit: Ripple Executives Might Escape Trials But Fair Notice Cannot appeared first on CoinGape.

XRP is one of the major tokens in the crypto space and hence is believed to kick-start a fine upswing very soon. As the Bitcoin price kicked off a notable upswing and formed highs beyond $28,000 recently, the speculations of the star crypto hitting a million began to loom over the markets.

Ethereum (ETH) price has shown signs of a potential downturn as it reached an exhaustion of bullish momentum, signaling a possible drop in the near future. According to analysts, ETH has produced a clear sell signal, indicating a shift in the cryptocurrency's trend.