According to Coinbase director Conor Grogan, the average transaction cost of the Ethereum one-layer network (L1) and the average transaction cost of Solana reached the closest level in history this weekend. During 7:00 on February 15, 2025, the difference between the two was only $0.28. It is worth noting that during the Libra project turmoil, there were many cases where the cost of token swap on Solana was higher than that of the Ethereum one-layer network.
Matrixport released today's chart saying that this weekend, the launch of TRUMP meme coin set off a trading frenzy on centralized exchanges, with major platforms launching the coin at a record pace. However, the subsequent launch of MELANIA coin quickly reversed the market sentiment, and the price of the currency plummeted, causing heavy losses to buyers on Sunday. This intense volatility has driven the overall trading volume surge, including Binance, the world's largest exchange...
After recently falling below the $91,000 mark, BTC rallied strongly this weekend and is currently retreating slightly to around $96,000. In the process, veteran trader Peter Brandt reiterated his bullish view on BTC and stated that it could continue to rise in the future. Additionally, other on-chain indicators also suggest that BTC has good momentum going forward. In a recent analysis, Brandt stated that BTC could reach $108,358 in the coming days. However, he also cited technical charts as a w...
According to the data (as of the end of this week), since the activation of the London hard fork on August 5, 2021, the Ethereum network has destroyed more than 4.50 million ETH, worth more than $15.30 billion at current prices. The EIP-1559 included in this upgrade opens the mechanism to destroy part of the transaction fee, thus effectively reducing the supply of ETH in circulation. Although about 4.50 million ETH have been destroyed so far, ultrasound.money data shows that Ethereum has not bec...