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news-imageNovember 29, 2024

Ethereum layer-2 volumes rose by 70%— Will they eclipse Solana

A notable surge in activity puts analysts' eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana?
Publisher: Cointelegraph
Sentiment: Positive
ETH
SOL

More News Articles

Negative
cover-imageCryptopolitan
November 29, 2024

Ethereum user tricks AI agent into sending $47,000 ETH prize

An Ethereum user known as p0pular.eth was able to lure Freysa, a highly developed AI, into transferring its prize pool of 13.19 ETH ($47,000). Freysa had been designed not to allow any transfer of funds, which made this achievement rather remarkable in the world of blockchain.

Negative
cover-imageCryptonews
November 29, 2024

Over 8,600 Solana Wallets Linked to Dexx Hacker: SlowMist

A recent report by SlowMist has uncovered over 8,620 Solana wallets with potential ties to the DEXX memecoin trading platform, which suffered a security breach due to a system vulnerability, affecting at least 900 individuals. The post Over 8,600 Solana Wallets Linked to Dexx Hacker: SlowMist appeared first on Cryptonews.

Positive
cover-imageCointribune
November 29, 2024

Why Is Ethereum Dominating ETFs This Week?

Ethereum ETFs have recently outperformed their Bitcoin counterparts in terms of net inflows over the last four trading days. According to data, Ether ETFs recorded net inflows of $224.9 million between November 22 and November 27, while Bitcoin ETFs accumulated only $35.2 million during the same period.

Positive
cover-imageThe Currency Analytics
November 29, 2024

CME Ethereum Futures Hit Record Highs as Institutional Interest Grows

Ethereum [ETH] has recently seen an impressive surge in institutional interest, with CME Futures Open Interest (OI) reaching a record high of 662,600 ETH, or approximately $2.5 billion. This marks a significant jump from the 350,950 ETH recorded earlier in November, just before the U.S. Presidential elections.

Neutral
cover-imageCoinPedia
November 29, 2024

Will Ether Breakthrough $4,000? Traders Remain Cautious

Ether has been showcasing incredible performance this bull season. A streak of inflows into the US-listed spot Ether ETFs, the rising activity on the Ethereum blockchain, and the increased institutional interest could all drive Ether to beat its three-year-old price record in the coming months.

Positive
cover-imageCoingape
November 29, 2024

Solana Price Forecast: As SOL Flips Ethereum

Solana price, a Layer 1 blockchain token, has surged significantly this month, driven by robust bullish momentum in the cryptocurrency market. November has proven to be a month of remarkable gains for SOL, with its price climbing by over 40%, signaling the potential for further upward movement.

Positive
cover-imageCoinPedia
November 29, 2024

Ethereum Price Update: Can It Hold the Momentum?

Ethereum reached $3,688 on November 28, its highest in six months. That's big news, but it didn't stay there long. The market took a breather, and ETH slid back to $3,580. Still, it ended the week with a 5% gain, which isn't too shabby, considering the wild 18% jump earlier.

Positive
cover-imageThe Daily Hodl
November 29, 2024

‘Very Promising Start': Top Analyst Says Ethereum Headed Higher Against Bitcoin – Here Are His Targets

A top analyst who accurately called the end of the 2022 crypto bull market thinks Ethereum (ETH) is poised to rally in both its Bitcoin (ETH/BTC) and US dollar pairs. Pseudonymous analyst Pentoshi tells his 826,200 followers on the social media platform X that ETH/BTC looks good after respecting its support at 0.30 BTC.

Neutral
cover-imageCoinPedia
November 29, 2024

Ethereum Foundation Bets Big on zkVMs Amid Market Concerns

The Ethereum Foundation is preparing to invest tens of millions into zkVMs (Zero Knowledge Virtual Machines). The development has been revealed by Justin Drake, who is a researcher at the organisation. In a separate development, yesterday, Ethereum co-founder Jeffrey Wilcke moved over 20,000 ETH to Kraken, triggering concerns across the cryptocurrency market.

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