Ethereum

ETH 2.0

April

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 Glassnode analytics company has shared that the amount of <a href="https://u.today/ethereum-stablecoin-developer-ethena-surpasses-epic-milestone" rel="noopener noreferrer nofollow">Ethereum</a> locked in the ETH 2.0 deposit contract has reached a new peak value of a staggering 25,937,766 ETH. 
 <blockquote class="twitter-tweet"> 
 📈 <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ethereum</a> <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> Total Value in the ETH 2.0 Deposit Contract just reached an ATH of 25,937,766 ETHView metric:<a href="https://t.co/SzbMPqvhlb" rel="noopener noreferrer nofollow">https://t.co/SzbMPqvhlb</a> <a href="https://t.co/zjXhEe8fPa" rel="noopener noreferrer nofollow">pic.twitter.com/zjXhEe8fPa</a>— glassnode alerts (@glassnodealerts) <a href="https://twitter.com/glassnodealerts/status/1681217098880524288?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 18, 2023</a> 
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 This milestone was reached previously, after the Shanghai upgrade that took place in April this year, when the ETH 2.0 deposit contract was unlocked and withdrawals from it were enabled. Still, even though some validators began taking their funds out, a lot more started to deposit or continued depositing Ethers to the <a href="https://u.today/ethereum-eth-network-activity-dwarfs-shanghai-upgrade-era-glassnode" rel="noopener noreferrer nofollow">Ethereum</a> staking contract. 
 A new all-time high in Ethereum deposits indicated a high level of trust in the future of Ethereum and the opportunities it has to offer to validators, dApp builders and other users. 
 Aside from the aforementioned ATH in Ethereum deposits, other historic peaks have been reached too. In particular, the number of nonzero wallets for ETH has surged to an all-time high of 102,913,926. 
 <a href="https://u.today/tens-of-billions-of-shib-sent-to-and-from-binance-as-shiba-inu-price-drops-overnight" rel="noopener noreferrer nofollow">card</a> 
 Growing gas usage (7d MA) soaring to a one-month high of 48,074.464 indicates a rise in activity on the second largest blockchain network. This year, big rises in Ethereum fees have been down to the trend of <a href="https://u.today/scam-alert-shib-team-did-not-create-unleash-token-shib-army-beware" rel="noopener noreferrer nofollow">meme coins</a> such as PEPE, Shiba Inu, LADYS and others.
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Ethereum (ETH) Reaches Massive New Milestone: Report

U_Today

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