Can Ethereum’s ETF Inflows Keep Up? This New Crypto Is Dubbed the ‘Ultimate ETH Killer’: Best crypto to look at
The post Can Ethereum’s ETF Inflows Keep Up? This New Crypto Is Dubbed the ‘Ultimate ETH Killer’: Best crypto to look at appeared on BitcoinEthereumNews.com. Ethereum continues to attract significant institutional interest, with recent ETF inflows signaling confidence despite price challenges. However, a new contender is emerging in the crypto space, promising to address Ethereum’s scalability and cost issues while offering investors a fresh opportunity. Ethereum ETF Inflows: Strong but Price Stagnates The spot ETFs of Ethereum have registered remarkable inflows, with $11.1 million being added yesterday alone and BlackRock alone buying 36.7 million dollars worth of ETH. This inflow of institutional capital has made the cumulative Ethereum ETF inflows surpass the $3 billion mark this year, which is an indication of increased confidence in the Ethereum ecosystem. However, in spite of these inflows, the price of Ethereum is still low, and it is now priced at 2,522.01, which is a 1.12% decrease in the last 30 days. This disconnect has brought renewed attention to the question of Ethereum scalability and gas fees, which have remained a drag on Ethereum price performance despite increasing institutional interest. Kaanch: The ‘Ultimate ETH Killer’ on the Rise With the current troubles of Ethereum, analysts have highlighted Kaanch as a possible game-changer as it is referred to as the Ultimate ETH Killer. Kaanch is a Layer 1 blockchain that aims to solve the limitations of Ethereum by providing an unrivaled speed of 1.4 million transactions per second and a gas fee that is virtually zero, which allows instant trades and smart contract execution. Kaanch is a scalable, cost-effective option to decentralized applications and payments with 3,600 decentralized nodes and the ability to tokenize real-world assets. The project is community-based and has open governance and is audited by SpyWolf and VerifyLab, which makes it transparent and secure. Kaanch Presale Gains Momentum Kaanch is already in Stage 6 of its presale, where it sells tokens at a price of $0.32, and…
The post Can Ethereum’s ETF Inflows Keep Up? This New Crypto Is Dubbed the ‘Ultimate ETH Killer’: Best crypto to look at appeared on BitcoinEthereumNews.com.
Ethereum continues to attract significant institutional interest, with recent ETF inflows signaling confidence despite price challenges. However, a new contender is emerging in the crypto space, promising to address Ethereum’s scalability and cost issues while offering investors a fresh opportunity. Ethereum ETF Inflows: Strong but Price Stagnates The spot ETFs of Ethereum have registered remarkable inflows, with $11.1 million being added yesterday alone and BlackRock alone buying 36.7 million dollars worth of ETH. This inflow of institutional capital has made the cumulative Ethereum ETF inflows surpass the $3 billion mark this year, which is an indication of increased confidence in the Ethereum ecosystem. However, in spite of these inflows, the price of Ethereum is still low, and it is now priced at 2,522.01, which is a 1.12% decrease in the last 30 days. This disconnect has brought renewed attention to the question of Ethereum scalability and gas fees, which have remained a drag on Ethereum price performance despite increasing institutional interest. Kaanch: The ‘Ultimate ETH Killer’ on the Rise With the current troubles of Ethereum, analysts have highlighted Kaanch as a possible game-changer as it is referred to as the Ultimate ETH Killer. Kaanch is a Layer 1 blockchain that aims to solve the limitations of Ethereum by providing an unrivaled speed of 1.4 million transactions per second and a gas fee that is virtually zero, which allows instant trades and smart contract execution. Kaanch is a scalable, cost-effective option to decentralized applications and payments with 3,600 decentralized nodes and the ability to tokenize real-world assets. The project is community-based and has open governance and is audited by SpyWolf and VerifyLab, which makes it transparent and secure. Kaanch Presale Gains Momentum Kaanch is already in Stage 6 of its presale, where it sells tokens at a price of $0.32, and…
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