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news-imageJanuary 31, 2025

IntoTheBlock Analyst Says Solana Still Has a Long Way to Go Before It Can Surpass Ethereum

Solana has experienced exponential growth since it first entered the market as an alternative Layer-1 blockchain. Though the network's market capitalization is still significantly smaller than Ethereum, its top contender, this gap has shrunk considerably over the years.
Publisher: BeInCrypto
Sentiment: Neutral
ETH
SOL

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Neutral
cover-imageThe Currency Analytics
January 31, 2025

Ethereum Faces Long-Term Holder Anxiety at $3,200

Ethereum (ETH) has been hovering around the $3,200 mark, drawing increasing attention from investors, especially long-term holders (LTHs). This price point has fueled a subtle yet significant shift in sentiment among these market veterans, often considered the “smart money” of the crypto world.

Positive
cover-imageCrypto Economy
January 31, 2025

Ethereum (ETH) Soars 4% After Schwarzschild Update: Here are the Details

TL;DR Geth released the “Schwarzschild” update (v1.14.13) to fix a critical vulnerability in Ethereum's p2p layer, exposing nodes to DoS attacks. The bug, identified as CVE-2025-24883, affects versions 1.14.0 and later, putting both ETH and Layer 2 solutions at risk. The update was well-received in the market, with a 3.88% increase in ETH's value.

Positive
cover-imageThe Currency Analytics
January 31, 2025

Ethereum Eyes $4,361 as It Battles $3,200 Resistance

Ethereum (ETH) is gearing up for a potential breakout, with buyers pushing it toward the critical $3,200 resistance. Currently sitting at a market capitalization of $385 billion, Ethereum has witnessed a steady rise in price, increasing by 1.89% in the last 24 hours.

Positive
cover-imageBitcoin
January 31, 2025

Everstake Achieves Vital Staking Certification With Ethereum Staking Growing by 74%

The SOC 2 certification ensures enterprise-level protection for every staked crypto against rising cyber threats during the crypto market's bullish cycle. Everstake Strengthens Web3 Security With SOC 2 Certification Everstake, a blockchain staking provider has successfully obtained the SOC 2 Type 1 certification, reinforcing its commitment to top-tier security and privacy standards.

Positive
cover-imageTrustnodes
January 31, 2025

Ethereum Jumps on a New ETF

Ethereum spiked earlier today, rising by about 3% in an hour as the market digested news of the Securities and Exchanges Commission (SEC) approving a new combined bitcoin and ethereum ETF by Bitwise.

Negative
cover-imageInvezz
January 31, 2025

Solana's rideshare service Teleport announces shutdown

In a poignant acknowledgement of market challenges, Teleport, the ridesharing app built on the Solana blockchain, has announced its closure. The company shared the announcement via its official website and X account, marking the end of an ambitious venture to integrate decentralized technologies into the everyday transport sector.

Positive
cover-imageCrypto Economy
January 31, 2025

Apollo and Securitize Launch Tokenized Private Credit Fund On Solana

TL;DR Apollo and Securitize have launched a tokenized private credit fund, ACRED, providing institutional and accredited investors with access to Apollo's diversified global credit strategy. The fund operates on multiple blockchain networks, including Solana, Ethereum, and Avalanche, leveraging Wormhole's interoperability.

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