Author: Yeek.io
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum (ETH) market registered a modest 4.1% gain in the past week amidst a general price rebound in the broader crypto market. However, the prominent altcoin and second largest cryptocurrency continues to trade $2,600 which has acted as an efficient price barrier over the past month. Interestingly, recent technical data shows Ethereum is still likely to experience significant price growth in the current market cycle, despite its ongoing price struggles. 2.25 MVRV Emerges As Critical Exit Point For Ethereum Investors – Analyst In an X post…
Solana, Ethereum’s most significant rival, leads among cryptos with the highest dApp (decentralized application) revenue. In June, Solana clocked over $146 million in revenue from decentralized applications in its ecosystem. Solana has consistently led in dApp revenue and metrics, outpacing Ethereum and BNB. Solana vs. Ethereum comparison The two competing smart contract platforms have rivaled each other’s performance in metrics like DEX volume, revenue collected from dApps, TVL and DeFi dominance since mid 2024. Data from TheBlock shows that Solana (SOL) has maintained its dominance in DEX volume, with the largest share of Solana-based DEXes in the ecosystem, since October…
The price of Ethereum remains in a consolidation phase, but is showing signs of accumulation, which may lead to a bullish breakout. Ethereum (ETH) was trading at around $2,500 at the last check on Saturday, July 5, within a narrow range it has maintained since May. Third-party data shows that whales and Wall Street investors have increased their Ethereum positions in the past few months. SoSoValue shows that spot ETH ETFs added over $219 million in assets this week, continuing a trend that started in May. It was the eighth consecutive week of inflows, a sign that these investors expect…
Another round of rewards has been approved for sUSD depositors on Infinex. This campaign extension comes as we near the much awaited phase 0 of Synthetix Mainnet. Infinex users who deposit sUSD from July 4th, 2025 until Aug, 15th, 2025 will be eligible to earn rewards and will be in the running for other onchain prizes. For those with sUSD already deposited, congratulations! You’ll continue to earn. If you’re not yet participating, we’ve put together everything you need to know.How to ParticipateFrom July 4th, 2025, at 00:01 UTC, for six weeks, sUSD depositors and holders on Infinex will earn a pro-rata share of 12,000 OP…
USELESS surged 27.52% in 24 hours, touching $0.2918 before retracing slightly. The memecoin’s Top addresses increased their supply held to 529 million, accounting for 52.96% of the total supply. Useless Coin [USELESS] surged by 27.52% in 24 hours, hitting a new all-time high of $0.2918 before retracing slightly to $0.2819 at the time of writing. Naturally, this explosive move pushed its market cap to $291.79 million, a 31% increase, while trading volume spiked 34.62% to reach $25.44 million—clear signs of fresh capital inflow. But what’s fueling this climb: smart money conviction, or just another speculative pump? USELESS’ top addresses are…
Coinbase’s Layer-2 network, Base, has shed more than $4 billion in net outflow past this month as users move funds back across cross-chain bridges. Meanwhile Ethereum has amassed over $8.4 billion in net inflows. The reversal comes after Base led all blockchains for inflows in 2024. Data compiled by analytics dashboard Artemis show Base sitting on net outflows of about $4.3 billion this year (YTD), compared with a $3.8 billion net inflow last year. Over the same period, Ethereum has swung from a $7.4 billion outflow to an $8.5 billion inflow, regaining its position as the main destination for bridged…
PENGU rallied 68% as spot volume surged and SuperTrend flashed a fresh buy signal. Short pressure builds near $0.018 as technicals and liquidations align for breakout potential. Pudgy Penguins [PENGU] has surged over 68% in the past seven days, flipping the SuperTrend indicator to a bullish signal for the first time in months. This rally follows an extended accumulation phase and has brought the token near a critical resistance at $0.018. At the time of writing, PENGU traded around $0.0162, showing strong upward momentum. The question now is whether bulls can sustain this rally and trigger the next leg toward…
The memecoin was unable to match Bitcoin’s gains over the past two weeks. Low demand and on-chain distribution conditions meant a SHIB recovery would be difficult. The memecoin market has not made much bullish headway over the past three weeks. A month ago, the meme market cap stood at $59.6 billion. At the time of writing, the figure stood at $54.72 billion, indicating a sideways movement across the sector. Shiba Inu [SHIB] has also been trading within a range since March. Its attempted breakout in May failed, and the token was back at the range lows at $0.0000111. SHIB…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Technical analysis shows Ethereum has just exhibited a failed golden cross on the 1-day candlestick timeframe chart. The golden cross is widely regarded as a bullish momentum signal. This technical formation, where the 50-day moving average climbs above the 200-day moving average, last occurred on Ethereum’s daily candlestick chart in December 2024 and resulted in an 18% surge. This time, though, the story is very different. Rather than triggering another rally, Ethereum’s price action has been quite flat, which makes it difficult to imagine a break above…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is sending a fresh jolt through the crypto market after a sudden upward move on Thursday, with its price finally reclaiming the key $2,500 mark once again. Bullish signals are presently aligning with this renewed strength, which points to a possible continuation of the notable rally. Golden Cross Lights Up Ethereum Chart Examining recent price performance, it is observed that the Ethereum technical landscape just came alive, reviving market optimism with a typical bullish signal. Melijn The Trader, a seasoned crypto expert and investor, reported this…