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Ethereum Dominance Is Nearing

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by COINS NEWS 268 Views

Ethereum Holders Continue to Rise, Unique Addresses are On A Steady Uptrend

The daily increase has also been going above 200k on some days, two days in a row in early June, even recording more than a 320k increase.

For now, the Ethereum community is eagerly awaiting the London hard fork with EIP 1559, which is expected to be activated in early August.

Following this, next year, Ethereum is expected to make the shift from Proof-of-Work (POW) to Proof-of-Stake (POS). Already, more than 6.25 million ETH are staked in its deposit contract.

Last few weeks have also shown a strong market for ETH considering the market dip

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