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You Guys, Ethereum Is Kinda Killing It

March 7, 2024
in Web3
Reading Time: 2 mins read
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TL;DR

ETH lately hit $3.8k (highest since Dec ‘21), 25% of ETH’s complete provide is now being staked (and out of circulation), whereas Dencun is about to make L2‘s ~75% cheaper.

Full Story

There’s this household within the city we grew up in, referred to as the Grunsons…

The eldest son, Steve, is a health care provider; whereas the youngest, Danny, runs his personal landscaping firm.

Dave and Janine (the dad and mom) heap a silly quantity of reward on Steve, and infrequently overlook to do the identical for Danny.

Loopy factor is: Danny is KILLING it.

His landscaping firm is a monster of a enterprise (one of many greatest within the state).

…it’s kinda bizarre that his parental-praise will get so closely discounted.

That’s usually how we really feel about Bitcoin and Ethereum — certain, Bitcoin has the status — however — if prior to now few years, you’ve interacted with a blockchain community to:

…you’ve almost definitely been utilizing an Ethereum primarily based token/platform to take action.

So we determined it’s about time we heap some love and admiration on ETH.

Right here’re a few of the community’s newest milestones:

The ETH token lately hit $3.8k — the best it’s been since Dec ‘21

There’s at the moment $116B value of ETH being staked — that means simply over 25% of ETH’s complete provide is now out of circulation.

(Making the ETH all of us maintain, scarcer/extra helpful).

On March thirteenth, the Dencun improve is because of happen and make transactions ~75% cheaper on ETH layer 2 chains.

Hey, @ethereum — happy with you xx



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Tags: EthereumGuysKillingKinda
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