London Hard Fork – DIGIT INFO

Ethereum Users Face Higher Fees as Onchain Transaction Costs Rise

DIGIT — Tue, 24 Sep 2024 14:30:53 +0000

Since Sept. 15, 2024, onchain fees on the Ethereum network have seen a steady rise, jumping from $1 per transaction to $5.08 by Sept. 20. Though there was a slight dip, bringing fees down to just over $4 on Sept. 23, the average cost per transfer reached 0.0027 ETH ($7.06) on Tuesday morning. Ethereum Users […]

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Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results

DIGIT — Mon, 20 Feb 2023 19:00:57 +0000

After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to […]

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‘Ultra Sound’ Money — Simulation Shows Ethereum’s Inflation Rate Is Significantly Lower Using Proof-of-Stake

DIGIT — Thu, 29 Dec 2022 20:30:22 +0000

Its been 105 days since Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network and the number of Ethereum validators is set to surpass 500,000 in 2023. According to metrics, Ethereum’s issuance rate of new coins has dropped considerably and only 4,790.45 ether has been minted since The Merge took place on […]

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Ascending channel pattern sets Polygon (MATIC) up for a potential 30% rally

DIGIT — Thu, 13 Jan 2022 18:55:31 +0000

A bullish technical analysis pattern and the potential approval of the EIP-1559 proposal could back MATIC’s attempt to rally to a new all-time high.

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Ethereum ‘has to bounce’ as ETH bulls pin $5K rally hopes on critical support channel

DIGIT — Fri, 12 Nov 2021 15:25:00 +0000

Many analysts agree that the “dynamic support” could boost accumulation sentiment in the Ethereum market.

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3 factors that can send Ethereum price to 100% gains in Q4

DIGIT — Fri, 01 Oct 2021 17:19:40 +0000

The three bullish indicators converge as Ethereum’s native token Ether climbs over 9% Friday to cross $3,000, its psychological resistance level.

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Ethereum miners are hoarding a record $70B in ETH following EIP-1559 activation

DIGIT — Thu, 30 Sep 2021 13:45:05 +0000

The Ethereum block producers accumulated $6.1 billion worth of ETH tokens after the Aug. 5 network upgrade.

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Ethereum supply shock: Exchange ETH reserves continue to fall after a 26% drop in 2021

DIGIT — Wed, 25 Aug 2021 16:50:02 +0000

To date, 92,595 ETH have been burned following Ethereum’s London hard fork upgrade.

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Ethereum price soars above $3K into ‘red zone’ triggering sell-off fears

DIGIT — Sat, 07 Aug 2021 11:31:49 +0000

An on-chain indicator, notorious for accurately predicting Ether tops, returns amid the ongoing price rally.

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Ethereum approaches $3K resistance as Bitcoin price rebounds toward $40K

DIGIT — Thu, 05 Aug 2021 15:22:02 +0000

A sudden change of sentiment on lower timeframes gives bulls something to smile about after a downtrend is swiftly cancelled out.

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