Ethereum network activity surges
According to DappRadar data, as reported by Jinse Finance, the total locked value (TVL) of Ethereum DApps reached $26 billion on November 23, an increase of 5% from the previous week. Although Ethereum's market value of $248 billion is behind Bitcoin's $728 billion, the protocol revenue generated by the two networks is similar. In the past seven days, the Bitcoin network has charged $57.5 million in fees, while Ethereum has charged $54.3 million. These numbers do not include ecosystem fees for platforms such as Lido, Uniswap, or Maker protocols. Ethereum has also regained its leading position in NFT sales, with a trading volume of $12.6 million in the last 24 hours. Although Bitcoin briefly led in NFT activity, Ethereum remains the preferred blockchain for well-known NFT projects.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Senate majority leader fast-tracks GENIUS Act to regulate stablecoins
Share link:In this post: Senate majority leader John Thune took steps to fast-track the GENIUS Act. Bill Hagerty may release an updated version of the GENIUS Act soon. Arthur Wilmarth believes the bill is deeply flawed.
Canada’s new Prime Minister will meet Trump to revive trading relations
Share link:In this post: Prime Minister Mark Carney will meet Donald Trump in Washington to address trade tensions. Canada plans to counter US tariffs affecting its key industries like auto and steel. King Charles will open Canada’s new parliament in Ottawa on May 27.
Google gets September court date to begin fight for its ad tech business
Share link:In this post: Google will face a U.S. antitrust trial starting September 22, 2025. The DOJ wants the tech giant to remove its key advertising tools, specifically its publisher ad server and ad exchange tools. The DOJ is attempting to force a sale of the Chrome web browser.
Charles Hoskinson Teases AI Agents Will Testrun Ouroboros Leios
Trending news
MoreCrypto prices
More
