Ethereum

Coin

<ul class="news-points"> 
 <li><strong>Santiment shared that ETH’s on-chain metrics are not showing any concerning signs at the moment.</strong></li> 
 <li><strong>ETH’s trading volume, as well as the supply held by ETH whales, have declined drastically.</strong></li> 
 <li><strong>On the other hand, development activity for ETH has not stopped increasing since the project’s inception.</strong></li> 
</ul> 
<p>On-chain metrics for <a href="https://coinedition.com/tag/ethereum-eth/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> are not showing any concerning signs at the moment, according to a Twitter post shared by the market intelligence platform Santiment earlier today. Although ETH is not showing huge signs of struggle, Santiment suggested that now might not be the most opportune time to invest in the leading altcoin.</p> 
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3a2.png" alt="🎢" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ethereum</a>'s market capitalization has undoubtedly been a rollercoaster, like most of <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#crypto</a>. But are its metrics pointing to any particular concerning signs? Nope. Our latest insight looks at <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a>'s rising development activity and plenty more. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/NSLfp2t0go" target="_blank" rel="noopener noreferrer nofollow">https://t.co/NSLfp2t0go</a> <a href="https://t.co/D5vwHvourV" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/D5vwHvourV</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1696404165772341508?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 29, 2023</a> 
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<p>In terms of utility, Santiment data revealed that Vitalik’s project has experienced a significant decline, with both on-chain transaction volume and trading volume showing a notable decrease sinc…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/ethereum-on-chain-metrics-are-relatively-stable-on-chain-data/">Ethereum On-Chain Metrics Are Relatively Stable: On-chain Data</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Ethereum On-Chain Metrics Are Relatively Stable: On-chain Data

Coin Edition

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