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Ethereum price passed $100! - this was the big news six years ago.

On May 18th, 2017, #ETH passed the $100 mark for the first time.

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It has only been a month since Ethereum's Shapella Upgrade.

Since then, the total volume of #ETH staked has surpassed 20 million.

Here's a look at the journey leading up to this milestone.

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We Asked ChatGPT If Ethereum’s Price Can Flip Bitcoin in the Next 5 Years, Here’s the Answer

Can ETH’s price flip BTC? Will Ethereum overtake Bitcoin in the next 5 years? Let’s find out what ChatGPT has to say.

The AI came back to us, explaining that this is an outcome that’s β€œuncertain and depends on various factors.”

Adoption Rates
According to ChatGPT, Ethereum’s robust ecosystem and use cases, such as DeFi, NFTs, and whatnot, could help it flip Bitcoin.

Network Upgrades
ChatGPT argues that β€œthe successful completion of Ethereum’s planned upgrades, such as Ethereum 2.0, could significantly affect its price.

The flippening can also take place under a few more conditions, according to ChatGPT. Regulation, for once, is among the factors.

#BTC
#ETH

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Smart Money More Inclined To Invest In Ethereum Over Bitcoin: Bloomberg

Institutional investors were the major force behind the Bitcoin rally in 2021, realizing its potential use cases in the future. Institutional investors such as JPMorgan, Ark Invest, MicroStrategy, Tesla, Andreessen Horowitz, and others became supporters of Bitcoin and other cryptocurrencies. However, institutional investors are more willing to invest in Ethereum (ETH) than Bitcoin (BTC).

Ethereum’s 30-day volatility index now trails more than Bitcoin volatility index. Moreover, the 180-day realized or historical volatility of Ether relative to Bitcoin has decreased immensely since 2020, according to Bloomberg.

This makes institutional investors more interested in investing in ETH than BTC as lower volatility typically enables institutional investors to allocate more capital to crypto. Long-term investors are more likely to increase exposure to Ethereum.

#BTC
#ETH

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Number of Ether Staked Has Surged By 4.4 Million Since Shapella Upgrade

Interest in staking ether (ETH), or locking coins in the Ethereum network to earn passive yield, has surged since Ethereum implemented the Shapella or Shanghai upgrade on April 12.
Data tracked by Glassnode show more than 4.4 million coins have been deposited into the staking contract since April 12, taking the tally to 22.58 million.

The staking demand has surged despite a waiting time of over one month, as previously reported. As of Tuesday, ether holders looking to become a validator on the network would have to wait for 36 days, according to data source wenmerge.com.

#ETH

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The number of #Ether on exchanges has hit a record low since July 2016, indicating a significant shift towards staking.

πŸ“‰ Data from glassnode reveals that only 14.85% of all #ETH is currently held in centralized exchange

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The upcoming Ethereum upgrade EIP-4844 (AKA Proto-Danksharding) is expected to significantly lower Layer 2 transaction costs. See our projection below

#ETH

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Ethereum Whales On The Rise, Acquire Over $9 Billion ETH In 2023

The Ethereum ecosystem has been witnessing a fascinating trend in recent times, as the number of Ethereum whales continues to rise. These astute investors, known for holding a significant portion of the total supply, have amassed 30.07 million Ethereum (ETH) worth over $9 billion in their wallets.

This surge in holdings marks a substantial increase from the 26.56 million ETH held at the beginning of the year.

While Ethereum whales continue to amass ETH, it is worth it to observe the different behaviors exhibited by various categories of Ethereum holders. Over the past 30 days, long-term holders, affectionately known as hodlers, have increased their holdings by 4.54%.

#ETH

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Dormant $15 million wallet from Ethereum ICO wakes up after eight years

A dormant wallet that purchased 8,000 ether ($14.8 million) in the Ethereum ICO in 2015 has woken up and transferred its funds to another address.

The wallet first made a test transaction with 1 ether ($1,845) before sending the remaining 7,999 ether to the address, as noticed by on-chain analysts Lookonchain.

When the owner participated in the Ethereum ICO, or initial coin offering, the funds were purchased for around $0.31 per token, or just shy of $2,500 in total. That means the owner is sitting on a 591,900% return on investment at current prices.

#ETH

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ETH is currently nearly as stable as the Nasdaq!
The annualized volatility of #ETH is currently at only 23% based on the last 30 days. According to our capital markets indicators, the Nasdaq's average 30-day volatility throughout 2023 has been around 20%.

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🌐 Did you know that 72% of Ethereum liquidity is concentrated on five exchanges?

According to KaikoData, those are

-> Binance
-> bitfinex
-> OKX
-> Coinbase
-> Kraken

The remaining 28% of #ETH is spread around 41 other crypto exchanges.

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The Ethereum Foundation sold 1.7k ETH for 2.738M USDC on Uniswap!

While historically known for selling #ETH around local tops, this marks their FIRST sale on a DEX, not a CEX.


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#ETH has the potential to reach $8,000 by the end of 2026, according to Standard Chartered Bank.


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27,729 #ETH ($66M) transferred from unknown wallet to Binance   .

ETH is down 3.8% int he past 24H.

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⏳It’s almost time! Less than 24 hours until #ETH’s Dencun upgrade. What are you most excited about?

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Forwarded from Laqira Giveaway
🀨😞😞🀭 for 7 days
Let's Go 8rnd πŸ₯³
End time:  Mar/25/2024
Quote, Retweet, Comment, Like, and Share:
https://x.com/laqiraprotocol/status/1771204420979614163?s=46

New Listing on #LAQIDEX #LQR πŸ”₯
https://laqidex.com/

#Bitcoin #BNB
@BNBCHAIN #Chainlink @chainlink
#SHIB #DOT #USDT #CAKE #SOL #Solana #ETH #XRP #USDC #ada #Cardano #DOGE #AVAX #TON #Matic #NEAR #BCH #UNI #JFIVE #DAI #ATOM #FIL #BTC
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πŸ‡ΊπŸ‡Έ US House Financial Services says "classifying #ETH as a security contradicts previous statements of the SEC and Chair Gensler.

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The #Ethereum ecosystem has changed!

πŸ“ˆ 82% of its activity now runs on layer 2s like #Arbitrum, #Optimism or #Base.

This trend will not stop anytime soon and is a massive net PLUS for the adoption and value of #ETH.

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#Ethereum just saw its largest spike in active $ETH addresses in three months, reaching a total of 617,170 active #ETH addresses.

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According to Laqira Protocol, #LQR #BNB    #LINK #BTC    #ETH #USDT and #USDC listed on LaqiraPay.

LaqiraPay is a fully decentralized, asset-agnostic, multi-network payment gateway with enhanced flexibility and security through blockchain technology (ChainLink price feeds), offering transparent financial statements and in-app wallet features for users.

Link: LaqiraHub.com

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