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How high will Ethereum go?
The increase in Ethereum NFT transaction volume is closely related to the continued development of Pudgy Penguins, the NFT project with the third largest market value. During the past NFT bear market, Pudgy Penguins successfully maintained its market capitalization ranking and attracted the attention of a large number of investors.
Ethereum NFT transaction volume is approaching a new yearly high! Pudgy Penguins ranks third in market capitalization, closely following Boring ApeThe increase in Ethereum NFT transaction volume is closely related to the continued development of PudgyPenguins, the third-largest NFT project by market value. During the past NFT bear market, PudgyPenguins successfully maintained its market capitalization ranking and attracted a large number of investors' attention. At the same time, the emerging avatar project Pandora has also risen rapidly, quickly climbing to fifth place in the market value ranking. This shows that the market demand for NFT projects is growing, and investors are also paying more attention to avatar NFT projects. This trend heralds the potential and opportunities of the NFT market, providing new developments for investors and project developers. Ethereum NFT trading volume has picked up. TheBlock data shows that although Bitcoin NFT trading
How high can Ethereum rise in 2024?The fluctuations in the cryptocurrency market have not affected Ethereum's status as the second largest cryptocurrency by market capitalization. This also makes people wonder how high Ethereum can rise in 2024. Curious, the Ethereum market is full of upward trends, and technological advancements have also made Ethereum even more powerful, especially its transformation to Proof of Stake (PoS), which may push Ethereum to create a new all-time high price, although the current price of Ethereum is relatively volatile. It is large, but according to analysts’ predictions, it may rise to $3338.81 in 2024. The following editor will talk about the future development of Ethereum in detail. How high can Ethereum rise in 2024? Ethereum is expected to reach $3338.81 in 2024, with an average price of $2491.65. This is the prediction of analysts in the circle. However, investors should
Ark Revises Ethereum Spot ETF Application! Shift to cash redemption modelThis site (120BtC.coM): Following the approval path of Bitcoin spot ETF, ARKInvest and 21Shares also recently revised their S-1 documents and switched to a cash redemption model. ARK21Shares Ethereum Spot ETF Shifts to Cash Mode According to official documents, ARKInvest and 21Shares have modified the application content of the Ethereum Spot ETF to the SEC to shift from physical redemption to cash mode. Bloomberg ETF analyst Eric Balchunas said that Ark had submitted an S-1 amendment on February 7 to ensure that its application specifications were consistent with previously approved Bitcoin spot ETFs. The staking function may be introduced into Ethereum spot ETF Ark
Uniswap v4 is tentatively scheduled to be launched on the mainnet in Q3! Ethereum Cancun upgrade will take several months to auditThe Uniswapv4 version is planned to be launched on the Ethereum mainnet in the third quarter of 2024. The news was announced by Uniswap, the leading decentralized exchange, last night. In July last year, Erin Koen, head of governance at the Uniswap Foundation, said that the time for v4 to go online would depend on the successful implementation of the Cancun upgrade. Additionally, a comprehensive code audit is required. Therefore, it is expected that the time for v4 to go online may be determined within four months after the Cancun upgrade. Uniswapv4 is launched on the mainnet in the third quarter. According to the latest announcement from the Ethereum Foundation, the Dencun upgrade has been determined to be launched on the Ethereum mainnet on March 13, 2024. At the same time, the Uniswap Foundation announced in its latest tweet that the launch date of v4 will be
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