A reason for trust
A strict editorial policy that focuses on accuracy, meaning and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reports and publication
A strict editorial policy that focuses on accuracy, meaning and impartiality
The price of a lion football and players are supple. Each arcu is to ultra -up all children or hatred for football Ullamcorper.
This article is also available in Spanish.
Data on the chain show that Ethereum has recently noted a significant escalate in its implemented hat, signaling the arrival of capital to assets.
Ethereum realized that CAP has recently increased to $ 244.6 billion
In recent post At X, an analytical company in the Glassnode chain told about how the trend in Ethereum realized that the hat turned away from Pctra update. The improvement of Pectra began on May 7 and introduced many improvements to the Eth network, including stacking improvements and an escalate in transaction capacity.
As the chart divided by the analytical company shows, the arrival of the update seems to run with the reversal of the completed restriction of cryptocurrency.
The completed CAP refers to the capitalization model in the chain, which calculates the total value of Ethereum, assuming that the “real” value of each token in the circulation is equal to the last price at which it was carried out on blockchain.
A basically completed limit summarizes the last acquisition price for the entire ETH supply. Therefore, this can be seen as a measure of the total amount of capital that investors put into cryptocurrency.
The chart shows that the completed hat hit the top at the beginning of February and observed the reversal of the minus. Whenever the value of the metric will fall, it is a sign that capital flows from Ethereum.
These asset outflows remained for about three months, along with the price of which naturally witnessed the inheritance. However, since the improvement of Pectra, there has been another reversal for the completed limit, because its value began to grow.
On the day of update, the indicator was $ 240.8 billion. Today it has increased to $ 244.6 billion, which indicates that about $ 3.8 billion (equivalent to 1.6%escalate) in Captain moved to ETH in between.
In addition to these capital inflows, the price of Ethereum observed an explosion because it increased from USD 1,800 to the current level of USD 2,500. Now it will turn out how long he would keep his caps.
While the situation about the flow of capital of the coin found a phrase with the PECTRA update, the same did not apply to network activities, as noted by Glassnode in another X post.
“Since the update, the average new and resurrection of addresses have been falling compared to YTD values (respectively -1.8%and -8.4%) – but the departure is also lower (-8.5%),” notes the analytical company. The resurrected addresses relate to those addresses that have again become vigorous after a period of inactivity, while the projection is opposite; These are previously vigorous addresses that have been icy.
These trends would mean that the update did not attract the interest of recent or returning users, but at the same time increased the involvement of existing Ethereum users, hence the decrease in resignation.
Price ETH
At the time of writing, Ethereum trads around USD 2,500, which is a decrease by over 4% last week.
A distinguished picture from Dall-E, Glassnode.com, Chart from TradingView.com
