Express

Ethereum Addresses In Loss Hit 2-Year Low As Ethereum 2.0 Looms

Emily Mason

Summary: Ethereum addresses in loss just reached a 2-year low of 6,328,208, according to data from Glassnode. The milestone comes as Ethereum prices have continued to surge. At the time of writing Ethereum is trading hands at $604 and is up 5.94%. The new price level shows Ether has quadrupled in value over this year. The ...

Ethereum addresses in loss just reached a 2-year low of 6,328,208, according to data from Glassnode.

The milestone comes as Ethereum prices have continued to surge. At the time of writing Ethereum is trading hands at $604 and is up 5.94%. The new price level shows Ether has quadrupled in value over this year.

The price surge comes as Ethereum is reaching to hit the deposit minimum in Ethereum 2.0's manniet contract which would enable the network upgrade. Ethereum 2.0 most notably will mark the network's transition from proof-of-work to proof-of-stake.

By Emily Mason

Last Update:

Tags: ,,
Link: Ethereum Addresses In Loss Hit 2-Year Low As Ethereum 2.0 Looms   [Copy]
Next:

Related Articles

  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 3 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 4 days ago
  • Trump Adviser's "Whale Debut" with $680M Bitcoin Bet Faces Early Losses 5 days ago
  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 7 days ago
  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 8 days ago

    • You need to login to comment.