on-chain activity – TOP DAILY NEWS

The Ethereum network's income rose to almost 2 year highs today as the speculative craze with meme coins increased blockchain activity, IntoTheBlock kept in mind in a Friday market report.IntoTheBlock information reveals that Ethereum mainnet's earnings from network costs reached $193 million today, the greatest figure because May 2022 and a 78% boost from recently.Ethereum network's day-to-day profits from costs struck its greatest given that May 2022. (IntoTheBlock)The on-chain activity was mostly driven by increased speculation with meme tokens, IntoTheBlock experts stated. Ethereum-based meme tokens such as pepe (PEPE), shiba inu (SHIB) and floki (FLOKI) more than doubled in rate over the previous week as retailTrading volumes on decentralized exchanges (DEX) developed on top of Ethere...

Litecoin ($LTC), experienced a rise in on-chain activity previously this month. According to crypto expert Ali, the variety of brand-new Litecoin addresses struck 1.27 million on December 20. That was the most significant rise in the previous 2 years, which took place in simply one day. Litecoin's trading rise didn't avoid a worth dip. What's behind the decrease? Furthermore, information from on-chain metric analysis company Santiment reported the variety of special Litecoin addresses that are actively taking part in network deals stayed high. This metric might signify increased use of the network. There was a rise in speed, recommending that LTC was distributing more actively within the network in current days. Litecoin's Puzzling Performance A prospective chauffeur behind the current r...

Tag: on-chain activity

Meme Coin Frenzy Drives Ethereum Network Fees to Nearly 2-Year High: IntoTheBlock

Litecoin’s (LTC) Value Declines Amid Active Trading as Solana (SOL) Surges to New Highs