Tag: ethereum network

Oct 11 2020

Report: Ethereum (ETH) Holds 96% of Total Transaction Volume in DeFi

Summary: Ethereum continues to dominate the DeFi ecosystem In Q3 2020, Ethereum held 96% of DeFi's total transaction volume Dapps that account for the majority of the total transaction volume were Uniswap, MarkerDay and Curve The team at DappRadar has released Q3's Decentralized Finance Report in which they analyze Dapp activity on the several blockchains of Ethereum (ETH), Tron (TRX), EOS, IOST, Ontology...

Oct 06 2020

Ethereum’s (ETH) Mean Hash Rate Hits New All-Time High Thanks to DeFi

Quick take: Ethereum's mean hash rate has hit a new all-time high of 250 Terahash per second Ethereum's hash rate has grown by 80% since the beginning of the year This is as a result of increased interest in DeFi MetaMask also hit a new milestone of 1 Million monthly active users thanks to DeFi High user activity on Ethereum (ETH) has resulted...

Oct 04 2020

Ethereum’s (ETH) Transaction Volume Grew By $109 Billion in Q3, 2020

Quick take: DappRadar has released its Q3 DApp Industry Report Ethereum's transaction volume grew by $109 Billion in Q3 when compared to Q2 Ethereum continues to dominate as the blockchain with the most DApp activity The team at DappRadar has released the Q3 Dapp Industry report which analyses the performance of 13 blockchains in the months of July, August and September. According to...

Oct 01 2020

Ethereum’s (ETH) Network Has Grown By 13.2% in Less Than 2 Wks

Quick take: The average number of daily active Ethereum addresses has risen from 338,375 to 389,947 in the past 12 days During this time period, Ethereum's network has grown by 13.2% The increased network activity is one reason Ethereum has its eyes set at $400 The month of October kicked off on a good note for all digital assets including Ethereum (ETH). According...

Sep 29 2020

High Revenue From ETH Fees is Attracting Miners to Join Ethereum

Quick summary: The popularity of DeFi and Decentralized Exchanges since June 2020, has led to Ethereum experiencing high ETH fees Miners are reaping big from these Ethereum transactions thus attracting new miners to the network The value of Ethereum will continue to benefit positively from the demand to pay transactions with ETH The team at Coinmetrics has released this week's SOTN (State of...

Sep 24 2020

Ethereum’s 7-Day Average Transfer of Value Exceeds that of Bitcoin

Quick take: Ethereum's adjusted transfer of value (7-day average) has exceeded that of Bitcoin ETH accomplished this feat on the 6th of September and has continued to increase its lead The Ethereum network continues to process over 1 Million transactions per day setting an all-time high of 1.4 Million on September 17th when UniSwap was launched Ethereum has eclipsed Bitcoin in terms of...

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