Ethereum

Ethereum Name Service

Ponzio The Cat

<ul class="wp-block-list">
 <li>Ethereum blockchain added over 76 Million new addresses to date following the approval of the key filing of spot ETF on May 23, 2024.&nbsp;</li>
 <li>From January 2024 till February, ETH consolidated between $2,285 to $2,580.</li>
 <li>Bitcoin (BTC) is trading at $54,251, with a decline of 10.51% in the past 24 hours.&nbsp;&nbsp;</li>
</ul>
The evolution of blockchain technology has revolutionized the old-school finance system worldwide. There are several renowned blockchains, but the Ethereum (ETH) blockchain is the biggest in the cryptocurrency market.&nbsp;
<a href="https://news.todayq.com/vitalik-buterin-on-ethereums-evolution-and-security/" target="_blank" rel="noopener noreferrer nofollow">Ether </a>spot ETF key filing was approved by the United States SEC on May 23, 2024, which boosted Ethereum’s price.&nbsp;
According to data from Etherscan(dot)io, as per the approval date, the total number of addresses was 270,485,174, adding 98,899 fresh on the same day.&nbsp;
Till August 04, 2024, the total number of addresses on the Ethereum blockchain was 278,106,038. Since the filing approval, the chain added 76,208,64 new addresses. It was considered a Ponzi project in its early days, but its dedication to improving blockchain and crypto has made Ether stand out of the bogus category. Ethereum (ETH) Price Movement Since 2024 Beginning&nbsp;&nbsp;&nbsp; 
On the first day of 2024, Ethereum closed trading at $2,352, followed by mild bearishness. From the beginning of January 2024 till February, ETH consolidated in the range between $2,285 to $2,580.
<a href="https://news.todayq.com/ethereum-falls-4-as-smart-traders-dump-41m-worth-of-eth/" target="_blank" rel="noopener noreferrer nofollow">Ethereum’s</a> value tumbled 21.88% to $2,276, while its intraday trading volume skyrocketed by 105%. On its 9th birthday on August 01, 2024, ETH traded at $3,200; however, on the following day, it slipped below the mark of $3k.&nbsp;
Ethereum’s market capitalization has flourished significantly since the beginning of 2024; at press time, it was $281.67 Billion. In the 1st half of March this year, Ether’s market capitalization ballooned to $497 Billion; similarly, in May, it was over $460 Billion.
ETH/USDT and ETH/FDUSD are one of the most traded pairs of Ethereum. The lowest trading price of Ether was $0.4209 (on October 22, 2015). However, the highest traded value was $4,891.70, marked on November 16, 2023.&nbsp; Market Overview 
Over the past few hours, the market lost 12.33% of the entire market capitalization. In a weekly time frame, the market cap dips over 21%, reaching $1.852 Trillion.&nbsp;&nbsp;&nbsp;
Market observers claim that the decline was directed by active bear and the FOMO among investors over global uncertainties. Bitcoin (BTC) is trading at $54,251, dropping 10.51% in the past 24 hours.&nbsp;
Bittensor (TAO) recorded a high intraday decline of 25.94%, trading at $186.93. As of writing, Ethereum Name Service (ENS) is trading at $16.19, reflecting a 22.14% intraday decline.&nbsp;&nbsp;
The Fear and Greed Index of the crypto market is 46, reflecting neutrality, but some specific cryptocurrency tokens are steadily falling.&nbsp;
A memecoin project, Ponzio The Cat (PONZIO), is one of the most trending cryptocurrency projects as its price grew over 2,600% in the past 30 days. Keen observers detected major speculative activities in the trading volume, leading them to suspect a massive dump is imminent Conclusion 
Ethereum’s significant growth in new addresses post-ETF filing approval indicates a promising future for the cryptocurrency. Ethereum propels itself forward, solidifying its reputation and fueling its market capitalization to achieve continued success.&nbsp;

Ethereum Added 76M New Addresses Post-ETF Filing Approval- Data

Todayq News

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