Ethereum (ETH)
Price: $2,560.63
Market Capitalization: $308.50B
24h Volume: $14.93B
Variation: +1.92%
Ethereum remains the most robust smart contract infrastructure. The nearly 2% increase indicates confidence from holders in the upcoming updates like Proto-Danksharding. The surge in volume also coincides with the increase in TVL (total value locked) on its network. However, high fees during congestion and competition from Layer 1 networks like Solana continue to be challenges. Nevertheless, the DeFi and NFT ecosystem still trusts the strength of ETH.
Are you going to build on Ethereum or migrate to networks that offer more speed and lower fees?