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Ethereum (ETH) Will Reclaim $3,000 If This Happens

Ethereum (ETH), the second largest cryptocurrency, has failed to reclaim the $3,000 price mark since early August. However, things could begin looking positive for the asset once again. An analyst from the blockchain analytics platform CryptoQuant has shared a chart explaining how a continued cash inflow into the Ethereum futures market could elevate the biggest altcoin. Source: CryptoQuantFunding Rates to Drive ETH’s Price Rebound According to the analyst, the perpetual...

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Here’s How Solana Can Reach 50% of Ethereum’s Market Cap: VanEck Research

Ethereum used to dominate almost all non-Bitcoin blockchain sectors in the industry but has gradually lost some of its grip over certain markets to competitors like Solana. VanEck’s research department, MarketVector, decided to delve deep into the battle between the two layer-1 behemoths to see what’s what. Solana Vs. Ethereum The report, authored by Martin Leinweber, highlights some major differences between the two. In some cases, such as the number of transactions, daily...

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EOS Network Significantly Upgrades with 1-Second Transaction Finality

[PRESS RELEASE – Alberta, Calgary, September 25th, 2024] The EOS Network announces the successful completion of its landmark upgrade to Spring 1.0. This upgrade has introduced the Savanna consensus algorithm, marking a new era in performance, reliability and speed on the network. By enhancing transaction finality to 1 second, EOS has achieved a more than 100-fold improvement over previous iterations. This rapid advancement in speed, security, and scalability sets the stage...

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ETH’s Path to $3K Involves Maintaining This Critical Support (Ethereum Price Analysis)

Ethereum’s bullish momentum has weakened after breaching the middle trendline of a multi-month descending channel, resulting in muted sideways price action. This consolidation phase could lead to a pullback, potentially setting up the stage for the next leg of the bullish trend. Technical Analysis By Shayan The Daily Chart Ethereum experienced a surge driven by increased buying activity in the perpetual and spot markets, breaking above the crucial $2.5K resistance level. This...

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