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
- Decentralized sequencers are critical for Layer-2 networks, according to Metis Co-Founder.
- Discussions arise on ETH reaching $5K fueled by fractals and BlackRock’s $500M ETH ETF.
- ETH surges to $4K, its highest since March.
- Vitalik Buterin emphasizes enhanced security and privacy in Web3 wallets.
Top Layer 2 Solution
- Total Value Locked (TVL): Base leads with $4 B in TVL.
- Unique Active Wallets (UAW): Base continues dominance with 4.5 million active wallets.
- Fees Collected: Base sets a record with $3.6 million in weekly fees.
Funding
- Anzen: Raised $3 million for expanding decentralized finance use cases globally.
- Ancient8: Secured $1.23 million to scale its Web3 social finance platform.
Source: Coingecko
Ethereum shows consistent upward momentum over the past week, peaking at around $4K. Steady volume supports the price climb, marking a positive sentiment in the market.
ETH stats that matter
- Gas Fee: Average transaction cost stands at $6.5.
- ETH Burned: Ethereum saw $60.4 million worth of ETH burned due to increased network activity.
- Revenue: Ethereum network revenue reached $58.5 million, showing robust ecosystem engagement.
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