New paradigm: Ethereum fees regularly surpass Bitcoin, and it’s good for ETHBTC $11,710 (+2.4%) • ETH $379 (+0.9%) • XRP $0.24 (+1.9%)
Fees on the Ethereum blockchain network are consistently surpassing Bitcoin and industry executives say it could spark a “new paradigm.” Cole Kennelly, who heads growth at Staked, institution-focused decentralized finance (DeFi) firm, said:
Growing fees on Ethereum could cause three factors to materialize that might further fuel its medium-term growth. The potential catalysts are high gas leading to bigger ETH demand, continuous increase in user activity, and sustainability of DeFi. 📈 Trending … DeFi Tokens • Oracle Tokens • Biggest Gainers • Stablecoins More news ⏬This user lost $1m of top DeFi coin Aave (AAVE) by accident: here’s whyJust recently, top Ethereum decentralized finance project Aave began transitioning its native token LEND to a new token called AAVE. Bloomberg brands Polkadot (DOT) an “Ethereum blockchain killer” in new articleEthereum has long been the leading smart contract blockchain after its launch in 2015. Asset manager: Activist investors may save Ethereum DeFi token Curve (CRV) as token price hits all-time lowsCurve is by far one of the most popular platforms used for stablecoin swaps, cross-chain interoperability, and synthetic assets. After helping Yearn.finance to $1b, Blue Kirby called it quits. But now he’s backAs crazy as it may sound, one of the most talked-about figures in the Ethereum and DeFi space over recent weeks has been a pseudonymous user called Blue Kirby. Featured event
Virtual Blockchain Conference BlockDown is back for a third edition this Halloween (Oct. 22-23) with a host of the blockchain world’s biggest and brightest stars lined up to deliver ground-breaking keynotes and spark informed and fierce debate on the industry. Whilst the virtual conference space has been saturated in recent months, BlockDown Conference has consistently delivered the best content and is a must for any avid crypto enthusiast. 🗞 Got a story tip? Email tips@cryptoslate.com Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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