Ethereum price falls for a second consecutive day as bears ignite $91.91 million of liquidated positions. Past gains during the year’s second quarter can be a positive amid uncertainty in SEC's Ethereum ETF approval. Founder Vitalik Buterin explains key steps for The Purge on Ethereum. Ethereum's price reached a low of $3,362 on Tuesday after a decline in Bitcoin sent a large part of the crypto market into the red zone.
In essence, it would shift workload from the main chain, reducing the computational and technical resources of running an Ethereum node while boosting decentralization and security in the process, Buterin said. In other news, Vitalik Buterin reposted on Tuesday a former blog post he wrote squashing Layer 3s that serve the same purpose as L2s. He mentioned that L3s only make sense if they serve a different scaling purpose from an L2.
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Ethereum (ETH) Price IndexThe Ethereum (ETH) live price today is $3,586, changes over 24H (+4.63%). Current market cap is $429.21 B. All given information about Ethereum (ETH) updated in real-time.
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