From the average gas fee, to ETH burned, Monday Gwei covers it all.
This week,
- Top Ethereum News
- Top Layer 2 Solution
- Funding
- ETH stats that matter
Monday Gwei is a weekly account of what is happening in the Ethereum ecosystem.
Top Ethereum News
- MetaMask Unveils New Toolkit: MetaMask unveils new toolkit to streamline Web3 user onboarding.Circle
- Launches EUROC: Circle launches euro-backed EUROC on Base, enabling layer-2 forex trades.
- Starknet Staking Update: Starknet staking will hit mainnet in Q4 — EthCC.
- Tornado Cash Developer Denied Bail: Tornado Cash developer Alexey Pertsev denied bail while preparing appeal.
Top Layer 2 Solution
- TVL: Arbitrum holds the largest Total Value Locked with $3 billion, confirming its top position.
- UAW: Base leads with 2.6 million unique active wallets, reflecting its broad user base.
- Fees: Base leads with $472.8K in fees collected, underlining its efficiency and popularity in processing transactions.
Funding
- BOB: Secured $1.6M to enhance its decentralized finance solutions.
Source: Coingecko
The Ethereum price chart for mid-July shows a consistent upward trend, breaking past $3.4K. This bullish movement reflects growing market confidence, supported by steady trading volumes.
ETH stats that matter
- Gas Fees: Settled at $2.1, reflecting current network demand.
- ETH Burned: $9.8M worth of Ethereum has been burned, indicating robust network usage.
- Revenue: Generated a total of $9.1M this week, showcasing ongoing transaction activity.
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