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Ethereum Layer-2 Blockchain Surpasses Solana
The Ethereum blockchain continues to lead in the Web3 space, with its Layer-2 solutions (L2) playing a crucial role in this success. Despite Ethereum itself losing ground, these solutions help mitigate stagnation and keep the network at the forefront overall. The Base Network, supported by Coinbase, is currently making waves and even overshadowing strong competitors like Solana. According to wallstreet:online, Base Network has recorded a net capital inflow of $1.32 billion over the past three months compared to Solana's $1.27 billion.
Crypto News: Ethereum ETFs Overtake Bitcoin ETFs!
In recent weeks, Bitcoin has experienced an impressive rally as it approaches the psychological milestone of $100,000. However, interest from institutional investors appears to be shifting towards Ethereum ($ETH). As reported by finanzen.net, more capital was invested into Ethereum ETFs than Bitcoin ETFs yesterday alone—$332 million versus $320 million respectively.
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Ethereum Foundation Invests Millions in Zero-Knowledge Virtual Machine Technology
The Ethereum Foundation announced plans to invest millions into Zero-Knowledge Virtual Machines (ZKVMs). This investment highlights their commitment to enhancing privacy and scalability within the ecosystem. Crypto News Flash reports that key projects benefiting include ZK-EVM Project and Poseidon Cryptanalysis among others.
Ethereum Open Interest Hits Record High: Analysts Predict Price Surge
The open interest for Ethereum derivatives reached a record high of $16.8 billion—a 19% increase within just 24 hours—as noted by analysts on Newsbit. Such growth indicates increased leverage use which could trigger significant market movements if mass liquidations occur.
New Record for Ethereum ETFs: Over 300 Million Dollar Inflows
A new milestone was achieved with over $300 million flowing into exchange-traded funds focused on Ether as mentioned via another source from Newsbit. These developments underscore growing confidence amongst investors regarding future prospects surrounding ETH assets globally.
Sources:
- Ethereum Layer-2 Blockchain überholt Solana
- Krypto News: Ethereum ETFs überholen Bitcoin ETFs!
- Die Ethereum-Stiftung investiert Millionen in die Technologie der Zero-Knowledge Virtual-Machine
- Ethereum Open Interest erreicht Rekordhoch: Analysten erwarten Kursfeuerwerk
- Boyaa Interactive wird durch strategische Ethereum-Konvertierung der größte Bitcoin-Unternehmensinhaber Asiens.
- Neuer Rekord für Ethereum-ETFs: Über 300 Millionen Dollar Zuflüsse
