Sector scan · ETH
Ethereum upgrades, staking, Layer 2 scaling, protocol changes and the wider Ethereum application ecosystem.
12 articles in archive
Ethereum is getting ready for another significant update. The Prague-Electra (Pectra) upgrade is scheduled to improve the network’s consensus and execution layers. The plan is to launch it in the first quarter of 2025. The Path to Pectra Ethereum has been on a
CryptoPunks’ Huge Sales Volume In a display of its market dominance, CryptoPunks has solidified its position as the leader in the Ethereum non-fungible token (NFT) space. CryptoPunks, developed by Larva Labs, has a daily sales volume of $1.25 million, accordin
Born out of the need to address the liquidity issues associated with traditional staking, liquid staking has become a game-changer, allowing crypto holders to stake their assets while maintaining liquidity. Reshaping how stakeholders engage with proof-of-stake
Since the first Ether futures ETFs launched in Canada in 2021, investors have been eager to explore this new avenue to gain exposure to Ethereum (ETH), the second-largest cryptocurrency by market capitalization. Ether futures ETFs are unique investment vehicle
With the increasing popularity and adoption of cryptocurrency and blockchain technology, innovations have been reshaping the landscape and pushing boundaries. Among these innovations is ERC-6551, a token standard introduced on the Ethereum mainnet on May 7, 20
Over the years, digital collectible ownership has transcended mere transactions, opening new avenues for creativity, expression, and investment. Bitcoin Ordinals and Ethereum-based Non-Fungible Tokens (NFTs) are at the forefront of this evolution. These innova
Surging Gas Fees The growing excitement about the new and unofficial experimental token standard ERC-404 has triggered the rise of gas fees on the Ethereum network. As a result, the network’s gas fees have reached their highest level in eight months due to the
Introduction The idea of “staking” has grown in popularity in the cryptocurrency space. To simplify, staking is like opening a separate bank account for cryptocurrencies. You secure the Bitcoin in a way that aids the network’s operation, rather than just keepi
Introduction Today’s most significant challenge traders face is the illiquidity in the crypto market while staking on the Proof of Stake blockchains. Users cannot earn passive income or access funds once locked using DeFi protocols. Liquid staking provides the
Introduction As intriguing as the cryptocurrencies seem, they have certain drawbacks as well. Therefore, depending on the updated format, the system has to be updated to remain competitive. Ethereum blockchain had a similar upgrade that led to the creation of
What is Crypto Staking? Blockchains are decentralized but they have transaction verification methods in the form of consensus mechanisms. Proof-of-stake is a type of consensus model where nodes have to commit their virtual currency reserves in the smart contra
What is Chainlink? Chainlink is a decentralized oracle network and it is hosted on the Ethereum network. The main use case for this protocol is to enable secure connections with other blockchains. In this manner, Chainlink works as a middleman that brings exte