users

ethereum

Ethereum Ecosystem Sees Surge in Daily Active Users and Price Target Raised

* Ethereum daily active users grew from 250,000 in Q1 2020 to 2.25 million in Q1 2024. * Layer-2 networks like Optimism and Base contribute to Ethereum's scaling. * VanEck predicts Ethereum to reach $22,000 by 2030 due to high revenue per user. * Taiko network spends $900,000

analysis

Majority of Stablecoin Transactions Not Genuine, Analysis Finds

According to a report by Bloomberg, an analysis co-developed by Visa has found that over 90% of stablecoin transaction volumes are not coming from genuine users. Out of the total $2.2 trillion in transactions in April, only $149 billion originated from "organic payments activity." The analysis removed