Altcoins News
By Sydney TheCMO
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The Ethereum 2.0 update is just days away and there is certainly a lot of excitement about the changes that will come with it.
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The update comes at an ideal time considering that the Ethereum network has been so congested lately due to increased network adoption.
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NFTs and DApps are some of the main causes of the congestion on the network. Fortunately, the upcoming major update will introduce better scalability, speeds, and overall…
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If the Ethereum network continues to conform to Metcalfe’s law, then we will likely see Ethereum continue to grow due to higher demand, and here is a bit of a breakdown of how…
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Higher ETH and Gas values present another challenge, especially for network users. They will make it more expensive to use the network over time, but fortunately, these factors…
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Meanwhile, Ether appears to be regaining its bullish momentum and is currently trading at $2,858 which represents a 6.01% gain in the last 24 hours and a 2.
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ETH is moving higher from its May low of $1728, which means it has already recovered by more than $1,000 after the previous consolidation.
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Interestingly, the current bull run is taking place with lower volumes, which means we could see a more pronounced upsurge with higher volumes.
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The upcoming Ethereum update will fundamentally change the network making it more efficient.
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