104 Whales Hold 57.35% of Ethereum: Santiment Analysis

The concentration of over 50% of ETH’s supply in a small pool of wallets could pose key risks to Ethereum’s decentralization. Ethereum Whales Hit Highest Holding Ever Ethereum’s (ETH) surge to $4,000 has rekindled interest in the second largest cryptocurrency by market cap. With BTC setting new all-time highs, ETH could be next as the … Read more

Ethereum Fees Surge Amid DeFi Activity As Whales Accumulate Positions

Ehereum’s weekly transaction fees have reached their highest levels since April, driven by a surge in DeFi activity and portfolio rebalancing following this week’s $100,000 Bitcoin retracement. This highlights the increasing demand for Ethereum’s network during volatile market conditions. Weekly Ethereum fees hit their highest levels since April, driven by significant DeFi activity and rebalancing … Read more

The Crypto Developer Landscape Shifts: Asia Takes the Lead, India Surges

Electric Capital’s 2024 report shows a decline in overall crypto developers despite an influx of new entrants, with Asia surpassing North America in developer share and established developers driving long-term growth. Established Crypto Developers Reach All-Time High According to Electric Capital’s 2024 developer report, 39,148 new developers explored crypto between January and November this year. … Read more