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Fidelity Ethereum Token Reshapes Asset Investment Dynamics
Step aside traditional finance, because Fidelity is introducing a new paradigm in investment with its Ethereum-based Treasury Digital Fund. With an impressive $203 million in assets already transformed into digital tokens, this represents Fidelity's robust entry into the evolving realm of tokenized financial instruments. This move signals a profound synergy between conventional finance and the...
Ethereum Revenue Falls 44% in August Despite Record ETH Prices
Ethereum’s on-chain revenue dropped sharply in August, even as ETH surged to new all-time highs. Key Takeaways: Ethereum revenue fell 44% in August despite ETH hitting a record high of $4,957. Network fees dropped 20%, largely due to lower costs from the Dencun upgrade. Institutional interest remains strong, with Etherealize ...
Ethereum metrics are painting 2 very different stories right now
A Messari analyst says Ethereum is “dying” as revenue fell 44% in August. Others argue it’s a flawed way to measure the blockchain’s success. News COINTELEGRAPH IN YOUR SOCIAL FEED A Messari analyst sparked heated debate over the weekend after declaring Ethereum is “dying” as network revenue declined in August. In an X post on...
