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
- TradFi Adoption: Ethena plans 2025 roadmap for synthetic dollar integration.
- Crypto Security Threats: Phishing scams named 2024’s top risk by CertiK.
- ETF Growth: Ether ETF net inflows hit $2.6B in December.
- Vitalik Buterin vs Elon Musk: Buterin comments on Musk’s free speech stance and ‘banhammer’ concerns.
Top Layer 2 Solution
- Total Value Locked (TVL): Base leads with $3.7 B in TVL.
- Unique Active Wallets (UAW): Base continues dominance with 6.7 million active wallets.
- Fees Collected: Base sets a record with $3.2 million in weekly fees.
Funding
- Kettle: Raises $4M to develop decentralized infrastructure and DeFi tools.
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: Average transaction cost stands at $3.4.
- ETH Burned: Ethereum saw $31.5 million worth of ETH burned due to increased network activity.
- Revenue: Ethereum network revenue reached $28.2 million, showing robust ecosystem engagement.
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