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ETHFI Takes Over Staking Narrative, Rallies Nearly 3,000% in 10 Days


by CoinEdition
ETHFI Takes Over Staking Narrative, Rallies Nearly 3,000% in 10 Days
  • According to Spot On Chain, ETHFI has introduced a leading staking narrative following recent price performance.
  • The newly launched token surged nearly 3,000% in less than two weeks.
  • Users consider Ether.fi an ideal protocol that democratizes Ethereum’s staking process.

According to Spot On Chain, the on-chain data analytics platform, ETHFI surged nearly 30% in 24 hours, achieving a new all-time high (ATH). In a recent post on X, the analytics platform noted that the rally introduced a leading staking narrative for the relatively new Ethereum staking protocol.

Meanwhile, Spot On Chain highlighted some significant transactions in the ETHFI ecosystem. According to the analytics platform, four out of five top non-team/CEX holders withdrew 1.036 million ETHFI, equivalent to $5.4 million from Binance and KuCoin. The…

The post ETHFI Takes Over Staking Narrative, Rallies Nearly 3,000% in 10 Days appeared first on Coin Edition.

Read the article at CoinEdition

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Ethereum Set To Hit $10,000, Elliott Wave Analysis Predicts

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ETHFI Takes Over Staking Narrative, Rallies Nearly 3,000% in 10 Days


by CoinEdition
ETHFI Takes Over Staking Narrative, Rallies Nearly 3,000% in 10 Days
  • According to Spot On Chain, ETHFI has introduced a leading staking narrative following recent price performance.
  • The newly launched token surged nearly 3,000% in less than two weeks.
  • Users consider Ether.fi an ideal protocol that democratizes Ethereum’s staking process.

According to Spot On Chain, the on-chain data analytics platform, ETHFI surged nearly 30% in 24 hours, achieving a new all-time high (ATH). In a recent post on X, the analytics platform noted that the rally introduced a leading staking narrative for the relatively new Ethereum staking protocol.

Meanwhile, Spot On Chain highlighted some significant transactions in the ETHFI ecosystem. According to the analytics platform, four out of five top non-team/CEX holders withdrew 1.036 million ETHFI, equivalent to $5.4 million from Binance and KuCoin. The…

The post ETHFI Takes Over Staking Narrative, Rallies Nearly 3,000% in 10 Days appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ethereum Set To Hit $10,000, Elliott Wave Analysis Predicts

Ethereum Set To Hit $10,000, Elliott Wave Analysis Predicts

Over the past week, the Ethereum (ETH) market recorded a solid positive price perform...
Ethereum Surges as Bitcoin’s Market Share Declines

Ethereum Surges as Bitcoin’s Market Share Declines

Ethereum led a 21% rise, contrasting Bitcoin's minor 0.6% increase. Bitcoin's market ...