ETH Weekly | The total transaction volume of the Ethereum network in the past five years is close to 1 trillion US dollars; Grayscale Ethereum Trust is expected to be approved by the SEC (8.3-8.9)
Author | Qin Xiaofeng
Author | Qin Xiaofeng
Produced | Odaily
1. Overall overview
1. Overall overview
Second, the secondary market
Second, the secondary market
1. Spot market
image description
(ETH daily chart, picture from OKEx)
(ETH daily chart, picture from OKEx)
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(data from BiNuNiu)
(data from BiNuNiu)
(data from Tokenview)
3. Large transaction
(data from Tokenview)
Tokenview dataTokenview data
Last week, there were 3 transfers of "more than 50,000 ETH", the largest transfer amount was 90,000 ETH, which was transferred to an unknown address and has been split; there was another transfer of 60,000 ETH, which was a top 100 common address on the rich list It was transferred out and has been split; there was another transfer of 70,000 ETH, which was transferred between the top 300 addresses on the rich list.
OKlink data3. Ecology and technology
3. Ecology and technology
1. Development and technology
(1) Ethereum 2.0 multi-client test network Medalla officially launched
At 21:00 on August 4th, Beijing time, the Ethereum 2.0 multi-client test network Medalla was officially launched. It is understood that a total of 5 clients participated in the creation of Medalla, namely:
- Teku (developed by ConsenSys);
- Prysm (developed by Prysmatic Labs);
- Nimbus (developed by Status);
- Lodestar (developed by ChainSafe Systems);
- Lighthouse (developed by Sigma Prime).
(2) The Ethereum Foundation is building a security team for ETH 2.0
(3) The Ethereum 2.0 coordinator formulates the ETH 2 launch health indicators
(4) Matter Labs launched a new Ethereum Layer 2 expansion solution zkPorter
Matter Labs stated that zkRollup can currently achieve 3000 TPS performance on ETH1.0, and it is conservatively estimated (depending on the implementation details of ETH2.0) that it can handle at least 20000 TPS on fragmented ETH2. To meet the needs of one billion users, it is necessary to further reduce costs and improve performance. (Medium)
2. Voice of the Community
(1) V God hits back at Adam Back: Ethereum is on the rise, and historical trends will not benefit maximalists
In response to Blockstream CEO Adam Back's remarks that there is no difference between Ethereum and Ponzi schemes, V God replied that every day is a cliché, and the effect is getting worse every day. Ethereum is on the rise, PoS (proof of stake) and sharding are on the rise, rollups are already here, all working in parallel through a large distributed ecosystem. The tide of history does not favor maximalists.
On Aug. 4, BitMEX CEO and co-founder Arthur Hayes said he was surprised by Ethereum’s surge to $400, its highest level since the summer of 2018. He believes that the next target for Ethereum is $500. (CryptoPotato)
3. Borrowing
Defipulseimage description
(Lock value on the DeFi chain)
(Lock value on the DeFi chain)
according to
4.Dapp
according toDappreview dataimage description
5. Mining
(data from etherchain.org)
etherchain.org(data from etherchain.org)
According to data from the Tokenview block explorer, the transaction fee of the entire Ethereum network in July was 126,834.17 ETH, or about 33.4904 million US dollars, an increase of 53.42% from the previous month. The Ethereum network fee has maintained a monthly increase for three consecutive months, an increase of 1022% compared to April.
4. News
1. Grayscale Ethereum Trust may become the second digital currency investment vehicle approved by the SEC
On August 6, Grayscale Investments, a cryptocurrency asset management company, announced that it had submitted a registration application to the US Securities and Exchange Commission (SEC). A digital currency investment vehicle that has obtained a declaration license (the first is Grayscale Bitcoin Trust).
Grayscale revealed that if the application is approved, these changes will result:
The trust will serve as the second digital currency investment vehicle to receive reporting company status with the SEC;
For qualified investors who have previously purchased the product through private placement, the legal holding period will be shortened from 12 months to 6 months, which means that liquidity can be obtained in advance;
Since many institutions restrict investment in investment products that have not been registered with the SEC, more institutional investors may consider using this product;
Quarterly and annual reports and audited financial statements will be filed in accordance with relevant SEC standards.
2. Weiss Ratings updates the top token rankings: Ethereum ranks first with an A rating
3. Report: The total transaction volume of the Ethereum network in the past five years is close to 1 trillion US dollars
4. The decentralized trading platform dYdX will launch Ethereum perpetual swaps
5. The Opyn ETH bearish contract vulnerability was exploited by attackers and more than 371,000 USDC were stolen
