Ethereum (ETH) is transitioning from proof-of-work to proo | sobuj_pramanik on Binance Square

Trending Articles

Bookmarked and Liked

--

Ethereum (ETH) is transitioning from proof-of-work to proof-of-stake with Ethereum 2.0, aiming to improve scalability, security, and energy efficiency. This upgrade is set to make the network more sustainable. #Ethereum #ETH2 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

303

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Sobuj7466

Explore More From Creator

Cetus Protocol (CETUS) is a blockchain project currently showing dynamic price movements. As of November 7, 2024: 1. Price Performance: CETUS is priced around $0.3987, reflecting a significant 24-hour gain of approximately 24%. Over the past week, it has surged by over 130%. 2. Market Stats: The token has a circulating supply of about 585 million, with a total market cap of $234 million. Its maximum supply is capped at 1 billion tokens. 3. Volatility: In the last 24 hours, CETUS hit a high of $0.415 and a low of $0.291. This volatility aligns with broader interest in decentralized finance and ecosystem utility. 4. Historical Trends: CETUS reached its all-time high of $0.415 earlier today. Over the past year, it has experienced significant growth, with annual gains exceeding 600%. The protocol is gaining attention for its role in DeFi innovations. For more detailed tracking or updates, platforms like CoinMarketCap and Kraken provide live metrics.

--

Solana (SOL) is currently performing strongly, with a price hovering around $165-$166 and showing a 22% gain over the past month. Analysts are optimistic about further upward momentum, with key resistance at $184 and support at $125. If SOL breaks past $184, it could rally to higher levels, with some predicting targets as high as $209 by the end of November. The token has been bolstered by its unique proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms, which make it a fast and scalable blockchain. However, concerns about network outages and the distribution favoring venture capitalists remain potential drawbacks. For investors, the advice is mixed. Those already holding SOL may benefit from maintaining their positions to capitalize on potential gains, while short-term traders might consider profit-taking near resistance levels if signs of a correction appear. Let me know if you'd like more details or further analysis!

--

Today, Binance Coin (BNB) is trading around $599 to $600, showing a slight increase of approximately 2.2% over the past 24 hours. The token has also gained around 4% in the last week, reflecting improving market sentiment. It remains the utility token of the Binance ecosystem, providing discounts on trading fees and other perks. Despite legal challenges surrounding Binance and its ecosystem, analysts are optimistic about BNB's future. Many predict it could exceed $700 by the end of 2024, potentially reaching higher milestones like $2000 by 2026 and $3000 by 2028 due to its deflationary mechanism (token burns) and growing utility. Let me know if you'd like more details about its market trends or projections!

--

Today, Ethereum (ETH) is experiencing an uptick in interest, driven by broader cryptocurrency market trends. Currently priced at around $2,800, Ethereum has shown resilience, with significant contributions from its Proof-of-Stake (PoS) upgrade and market dynamics. One notable development involves a dormant Ethereum wallet activated after eight years, earning $30 million from selling 11,005 ETH acquired for just $3.46 each in 2016. This highlights Ethereum’s long-term value appreciation. Ethereum's influence also extends to decentralized finance (DeFi) and applications like the Ethereum Name Service (ENS), which simplifies blockchain interactions by linking human-readable names to wallet addresses. Despite competition from "Ethereum killers" like Solana and Avalanche, Ethereum retains a dominant position in the market due to its robust smart contract ecosystem and strong developer support. If you're following ETH, this is an exciting time with bullish trends, and many analysts are optimistic about its continued upward momentum.

--

Today, Bitcoin (BTC) is trading at approximately $76,300, which is close to its all-time high of $76,677 reached earlier today. Over the past month, Bitcoin's value has surged by over 22%, and it has outperformed many other cryptocurrencies. In the last week alone, its price has risen by about 7.6%, reflecting strong market momentum【6】【7】【8】. This rally is being attributed to several factors, including growing institutional interest, favorable macroeconomic conditions such as the U.S. Federal Reserve's recent interest rate cut, and increased demand amid election-related market optimism【6】【8】. Despite its significant growth, Bitcoin remains highly volatile, with price swings being influenced by market sentiment, regulatory developments, and global financial news. Investors are advised to stay cautious and consider potential risks when trading【6】【7】.

--

Latest News

Hong Kong Advances in Fintech and Virtual Asset Policies

--

Indian Court Orders Immediate Ban on Proton Mail Amid Legal Dispute

--

High Approval Odds for Crypto ETFs Including Litecoin and Solana

--

Challenges Facing MCP Protocols in AI Ecosystems

--

Trump Family's Crypto Project WLFI Considers Halting USD1 Issuance

--

Trending Articles

25000 $PEPE Claim 🤑😱 👇 Comment "PE

Assests Adviser

🛑 𝐇𝐨𝐰 𝐭𝐨 𝐒𝐭𝐚𝐲 𝐒𝐚𝐟𝐞 𝐅𝐫𝐨𝐦 𝐏𝟐𝐏 𝐑𝐞𝐯𝐞𝐫�

Spot Trading: The Easiest Way to Make $25 a Day in Crypto? #

Abdurohman1Trader

[claim free reward of 2000 INIT .I claimed right now](https:

Despite Elon Musk’s DOGE efforts, government spending actually went up after Trump won

Cookie Preferences

Cookie Preferences