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 by Monday Gwei
- Stablecoin Adoption: ETFs projected to drive crypto performance in 2025, according to Citi.
- Solana Growth: Jito staking pool surpasses $100M in monthly tips, per Kairos Research.
- Vitalik Buterin’s Donation: Contributes 88 ETH to support zoo conservation.
- Crypto Hacks Surge: Total $2.3B lost in 2024, reflecting a 40% YoY increase.
Top Layer 2 Solution
- Total Value Locked (TVL): Base leads with $3.6 B in TVL.
- Unique Active Wallets (UAW): Base continues dominance with 8.8 million active wallets.
- Fees Collected: Base sets a record with $1.5 million in weekly fees.
Funding
- Skynet: Raised $1.2 million to enhance blockchain security and analytics.
Source: Coingecko
Ethereum’s price showed mixed performance throughout the week, starting around $3,300 and peaking near $3,500 before retracing to approximately $3,350. The midweek period witnessed increased volatility, with sharp dips and recoveries, reflecting active market reactions. By the end of the week, Ethereum regained momentum, closing near $3,400. Trading volumes remained steady, suggesting ongoing investor interest despite fluctuations.
ETH stats that matter
- Gas Fee: Average transaction cost stands at $3.6.
- ETH Burned: Ethereum saw $15.2 million worth of ETH burned due to increased network activity.
- Revenue: Ethereum network revenue reached $15.1 million, showing robust ecosystem engagement.
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