Ethereum ‘Heating Up’ – Address Activity Jumps Nearly 10% In 2 Days
Ethereum demonstrated evidence of new momentum this week as network activity and price action both reversed after a slow stretch. The second-largest cryptocurrency finally broke through a critical price barrier that had constrained its advance for over a week. Related Reading: XRP Price Prognosis: Analyst Sees $14 In Spite Of Current Troubles Active Addresses Up By Almost 10% As per statistics from CryptoQuant analyst Carmelo Alemán, Ethereum’s network experienced a notable increase in user activity between April 20 and April 22. Active addresses increased from approximately 306,000....
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Justin Sun, the founder of the Tron blockchain, predicts that Ethereum’s price will surge to $5,000 in the next few months. His prediction is made as Ethereum gears up to celebrate its 10th anniversary in July 2025. Related Reading: Ethereum ‘Heating Up’ – Address Activity Jumps Nearly 10% In 2 Days Price Prediction Sets Community Afloat The daring forecast has made waves in cryptocurrency communities, particularly because Ethereum is currently priced under $2,000. Based on figures by Coingecko, the second-largest cryptocurrency is valued at around $1,789. Sun posted his opinion on X....
Bitcoin this week reclaimed the $94,000 region, but the party may be lacking one key ingredient: real users. The cryptocurrency network is “like a ghost town” even with the record price increase, a crypto expert said. Related Reading: Ethereum ‘Heating Up’ – Address Activity Jumps Nearly 10% In 2 Days Bitcoin Surges In Price—Yet Network Remains Eerily Quiet A recent report by CryptoQuant analyst Maartunn shows a dramatic disconnect between Bitcoin’s rocketing price and its underlying network activity. “The Bitcoin network is a ghost town,” the analyst....
A harsh winter looms ahead, and a creative New Yorker has found a brilliant solution to mounting heating costs: fill your place with ASICs and start mining Bitcoin. Perhaps you won't become the next Bitcoin millionaire, but you will certainly save a lot of money on heating. The blogger analyzes the cost of all options for heating - natural gas, oil and electricity - and concludes that electricity is the worst of the three options. But sometimes electricity is the only heating source available, because some apartments are only equipped for electricity. Therefore, it's important to find ways....
The XRP price is once again making headlines as technical indicators show a solid breakout after months of consolidation. With its recent break in tight price action, a crypto analyst believes that XRP could be preparing to surge above $8, marking a new ATH for the top altcoin. XRP Price Aims For $8 Target In Coming Months After months of constrained price action, the XRP price has finally broken out of a descending consolidation pattern—a bullish signal that the market has been eagerly awaiting. Following this breakout, XRP is now eyeing a potential rally toward the $8.08 mark. Related....
Data from Santiment suggests that three altcoins have recently seen particularly notable bullish action in their address activity. Render, Aave, & Maker Are Altcoins Seeing High Active Addresses Currently In a new post on X, the on-chain analytics firm Santiment discussed the altcoins currently witnessing a significant surge in network activity. The relevant on-chain metric […]