Why Ethereum saw 580,000 new addresses in one week

was being held on exchanges at press time, indicating a visible decline. This withdrawal trend underscored the growing preference among Ethereum holders for alternative storage solutions.

Ethereum price declines as TVL dominates, Ethereum maintained its position as the leading blockchain in terms of Total Value Locked , compared to other chains. As of this writing, the total TVL across all chains was $44 billion, with Ethereum commanding over $26 billion.This meant that Ethereum held more than half of the entire TVL in the market, showcasing its dominant presence in decentralized finance.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum: Why holders prefer staking over tradingThe rise in Ethereum's price didn't translate into a significant jump in network activity for the proof-of-stake (PoS) blockchain.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Starknet takes baby steps to emerge as a robust Ethereum scaling solutionMore than 500,000 wallets have bridged over to scaling solution Starknet, most of them being newer market participants.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Lido’s impact on Ethereum staking, revealedLido’s dominance in the Ethereum staking space continues to grow as addresses holding stETH ranges between 230 and 590 per day.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin Ordinals gets Vitalik’s acclaim despite this ‘con’Ethereum's head commends Bitcoin Ordinals' development but notes that more needs to be done.
Source: CryptoAmb - 🏆 22. / 68 Read more »