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
- Trump Crypto Project: Purchases $48M in ETH as Ethereum strengthens against Bitcoin.
- Crypto Market Outlook: Grayscale executive predicts ‘dozens of smaller victories’ in 2025.
- Institutional Adoption: Swiss state-owned bank PostFinance launches ETH staking services.
- Web3 Development Boost: Ronin announces a $10M grant program for developers.
Top Layer 2 Solution
- Total Value Locked (TVL): Base leads with $3.7 B in TVL.
- Unique Active Wallets (UAW): Base continues dominance with 6.5 million active wallets.
- Fees Collected: Base sets a record with $3.2 million in weekly fees.
Funding Data
- World Liberty Financial: Raises $300M for blockchain-based financial solutions.
- Timeswap: Secures $2M to expand decentralized lending infrastructure.
- Brickken: Raises $2.5M for tokenized asset management solutions.
Source: Coingecko
Ethereum had a bullish week, starting around $3,300 and steadily climbing to over $3,700 by the end of the week. After initial stability, the price gained strong momentum around January 3rd, leading to a sharp rise. The trend remained positive, with higher lows and consistent gains, suggesting strong buyer confidence. Trading volumes remained stable, supporting the upward movement.
ETH stats that matter
- Gas Fee: $2.8 (Average transaction cost).
- ETH Burned: $6.9 Million due to network activity.
- Revenue: $7.6 Million, indicating sustained network engagement.
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