Ethereum's (ETH) price struggles to surpass $2,500 as key revenue and whale metrics hit yearly lows. A bearish trend is forming due to reduced buying volume and lower mega-whale holdings.
Ethereum’s revenue has dropped 99% following the March Dencun Upgrade, due to lower transaction fees and increased competition from Layer-2 solutions.
Ethereum's dApp volume surged by 92%, driven by reduced gas fees and NFT trading, but unique active wallets decreased, raising sustainability concerns.
BlockDAG (BDAG) sees a 1300% surge in its presale, aiming for $30 by 2030, amid Ethereum's supply increase and Lido DAO's price rise.
Ethereum core developers aim to release the Pectra upgrade by the end of Q1 2025, following the successful Dencun upgrade in March 2024.
Ethereum developers scheduled the Pectra update for the first quarter of 2025, considered a major milestone following the Dencun upgrade.
Ethereum's creator, Vitalik Buterin, detailed the platform's roadmap, highlighting the recent Dencun upgrade that lowered layer-2 transaction costs and introduced proto-danksharding. Future plans include The Verge and other improvements to further enhance Ethereum's capabilities.
Ethereum is anticipated to face an inflationary surge post-Dencun upgrade, casting doubt on its future.
The Dencun upgrade has lowered Ethereum's gas fees to their lowest in four years, but it has also resulted in less ETH being burned, contributing to inflationary pressure on the network. Meanwhile, Ethereum's price has experienced downward pressure, dropping to $2,900.
Ethereum (ETH) experienced a decline in gas fees to the lowest since January 2020, at 6 Gwei, due to the Dencun upgrade and reduced on-chain activity.
Post-Dencun upgrade, Ethereum's transaction fees lowered and scalability improved, yet ETH price declined, challenging expectations of positive price response.
CryptoQuant's report suggests the Dencun Upgrade made Ethereum more inflationary, contrary to its 'ultra-sound money' reputation. The upgrade aimed to reduce fees and improve scalability but has led to a decreased rate of ETH burning.
CryptoQuant researchers challenge Ethereum's 'ultra-sound money' narrative post-Dencun Upgrade, as it slowed coin disbursement without affecting inflation rate significantly.
CryptoQuant researchers challenge the notion of Ethereum as 'ultra-sound money' after the Dencun Upgrade, noting a slowdown in coin burning leading to less deflation.
Ethereum (ETH) shifts from a deflationary to an inflationary model after the Dencun upgrade, as observed by CryptoQuant CEO Ki Young Ju, which could impact the Ethereum ecosystem and investors.
The Ethereum Dencun upgrade aimed at reducing fees has resulted in ETH becoming inflationary, reversing a benefit of the previous Merge.
The Dencun hard fork on Ethereum has reduced transaction fees but also turned ETH back into an inflationary currency, slowing down ETH supply burn rate.
An Ethereum whale from the 2014 ICO deposited 1,069 ETH into Kraken, sparking potential sell-off fears. However, broader market analysis shows significant ETH outflow from exchanges, suggesting accumulation trends. Ethereum's recent Dencun upgrade, improving scalability, could offset the whale's impact on the market.
