Summary
- On-chain data analysis platform CryptoQuant said Ethereum (ETH) has entered the strongest cycle in history.
- CryptoQuant analyzed that institutional demand, staking, and on-chain activity are all nearing record highs.
- It said Ethereum is solidifying its role as an investment asset and a leading payment layer.
On the 11th (local time), on-chain data analysis platform CryptoQuant reported, "Ethereum (ETH) is迎ing the strongest cycle in history."\nCryptoQuant analyzed, "Institutional demand, staking, and on-chain activity are all nearing record highs," and said, "Ethereum is solidifying its role as an investment asset and a leading payment layer."\nEthereum is trading at 4430.80 dollars, up 0.95% from the previous day, at 02:12 on the 12th on the Binance Tether (USDT) market.\n
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
