$ETH is not only recovering on the market as the network remains deflationary for two days straight despite the weekend market
, the second largest cryptocurrency by market capitalization, has been in deflationary mode for over 48 hours straight, an unprecedented occurrence during a weekend market. This is the first time that Ethereum acts like this, and it is largely attributed to a series of launches on the network that caused an activity spike.
There are more catalysts occurring on the network that might be driving further activity in an environment where ETH activity is already strong, including the upcoming launches of the Arbitrum and MATIC zkEVM, and the BLUR and SUDO token drops. ETH now been deflationary for over 48 hours straight, even on a random weekend night. Don't think I've ever seen that before.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethereum (ETH) Burning Sets New High as Sentiment Booms: DetailsEthereum (ETH) burning rises to new high as sentiment soars ETH $ETH
Read more »
Ethereum (ETH) price is aiming for $1,800 in February — Here is whyEthereum price could reach $1,800 or higher by end of February! Traders are relieved that ETH is trading up 33% YTD and ascending triangle pattern provides hope.
Read more »
Here's What Pushes Ethereum (ETH) Down from $1,700 Six-Month High$ETH has dropped from $1,700 high reached just recently, santimentfeed offers a reason. ethereum
Read more »
Ethereum (ETH) Price Analysis for February 3How much time does ETH need to get to $1,700? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
Read more »
Bitcoin, Ethereum Technical Analysis: ETH Remains Near $1,700 to Start the Weekend – Market Updates Bitcoin NewsEthereum continued to trade close to a key resistance level of $1,700 on Saturday, following Friday’s U.S. non-farm payrolls (NFP) report.
Read more »
Latto Performs Melody Of Hits At Spotify's Best New Artist PartyLatto performs a melody of her hits at Spotify's Best New Artist Party.
Read more »