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Topic: ETH adoption lately is high (Read 950 times)

full member
Activity: 680
Merit: 103
October 09, 2021, 10:48:22 PM
Ethereum really becomes more and more popular every day, because of its fabulous opportunity to support smart-contracts. But the thing is that Bitcoin is still number one. Actually, I don't think that it is very fair as Ethereum offers more opportunities as well as it is more dynamic. But Bitcoin is still a leading crypto. Maybe people just trust it more as it the first crypto and the most decentralised one.
full member
Activity: 547
Merit: 110
October 09, 2021, 09:41:28 PM
It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
I think, entering the big whales who invest their money in ETH is a good plan for ETH
and it is possible that ETH will reach new ATH for the second time this year. this will further strengthen their position as a competitor to btc.
however to surpass btc adoption rate i think it is not yet, btc is very solid as a crypto ruler. Until now, BTC is still the benchmark price for altcoins.
For example: if the price of btc goes up, the altcoins will also go up, and vice versa.
the price of btc can still greatly affect the price of altcoins in crypto. BTC operates on a network of thousands of computers on a blockchain or transaction log ledger like some cryptocurrencies. Bitcoin is trading around $33,000 with a current market cap of 596.82 billion.
There is no doubt that Bitcoin is the most popular cryptocurrency to date.
sr. member
Activity: 1274
Merit: 265
October 09, 2021, 05:59:34 PM
It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?

Ethereum has more potential than Bitcoin for two years. What stopped the popularization of Ethereum on the wider market was the very high fees. At the moment we can see that the fees are quite low. Whales know the fee will be even lower with the introduction of ETH 2.0. Everyone who wants to earn long-term money on the cryptocurrency market is now investing in Ethereum.
full member
Activity: 1246
Merit: 103
October 09, 2021, 11:54:10 AM
I think the price of Ethereum went up because of the hard fork that was already taking place in London, which happened on August 4 yesterday. It's important to note that after the implementation of the London Hard fork price we see the price of ethereum moving faster but we don't know how long ethereum will maintain its existence. hopefully we can see again the new ATH happening with ethereum and we can see its adoption increase too.

Ethereum will be still exist and keep growing in crypto industry since it has a lot of marketcap and the holders are huge. So i think it's promising for investors to invest on ethereum and the current price also still cheap if we know what ethereum will do in the future, ETH 2.0 is just the beginning of their great products and i'm sure this coin will still exist and worth investing for further years

I think what you say is certainly very true, with the existence of ethereum and its holders being so large that the growth of ethereum is unquestionable among cryptocurrencies. Talking about investments, Ethereum is the main choice for many investors to maintain the value of the assets they have or what is called the store of value. Therefore, I think it is natural that ethereum is an Altcoin that has a higher popularity than other Altcoins.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
October 05, 2021, 01:59:57 PM
I'm also looking forward to the better future of Ethereum. We may have sometimes abrupt fees for every transaction but having these updates come little by little makes the wait worth it.
Aside while waiting for those updates, the price of it is increasing too and when these updates are done, it'll potentially going to have a low fee and high price which is very ideal.
However, I have some concerns. As there are already a large number of Ethereum staked in version 2.0, I do think there will have to be a dip, as this will effectively bring all the staked Ethereum back onto the open market, and investors will want to withdraw their investment. The upgrades may work in either direction if they live up to their promises. The system should limit transaction fees, increase scalability, and be more user-friendly.
Then that's good if there's no dip that might come because many have staked already. It will make the price of Ethereum stable as it's very common to stake these days even if the APY isn't that much. People only want to get some extra profits and everyone who owns it and can do that will just have to stake.
full member
Activity: 862
Merit: 100
October 04, 2021, 09:11:29 AM
It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?

Ethereum is a developing blockchain and I think that it attracts new investors. There are new projects on it and new updates all the time. When Ethereum switches to proof-of-stake, miners will be replaced by validators and validators with the biggest amount of Ethereum will confirm transactions and get reward for it, so maybe whales are really prepaying for it.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
October 03, 2021, 03:58:41 PM
The Ethereum 2.0 update is quite slow and annoying for many. However, it is all the same, the update continues and we can observe certain successes already now. I believe in this coin and look forward to a manifold increase in its price after this grand update, which is due for completion next year. Ethereum will remain the best coin among altcoins for a long time, and its price of $ 10,000 may not be the limit.
It's okay mate, let's give it a time although we've given that much time for the preparation of ETH 2.0 but who are we to rush? They've already delivered the London Hard fork so that's already a good start.
A part of the network fees are being burned and that's favorable to all of us who hold ETH.
This is such a relaxing process as updates are ongoing. Trading fees are based on trading volume, and burning Eth will lower fees in the long run. But, the ETH share is being consumed by Solana and others every day as fees increase. This is a serious issue. Hopefully they will be able to address this issue soon, otherwise one of their many competitors will start closing the gap.
I'm also looking forward to the better future of Ethereum. We may have sometimes abrupt fees for every transaction but having these updates come little by little makes the wait worth it.
Aside while waiting for those updates, the price of it is increasing too and when these updates are done, it'll potentially going to have a low fee and high price which is very ideal.
member
Activity: 1344
Merit: 10
October 03, 2021, 01:56:34 PM
Indeed, the cost of gas is very, very high. And no one knows when the update will be released that solves this problem. For the time being, I refrain from transferring tokens on the air network.
sr. member
Activity: 2156
Merit: 323
October 03, 2021, 09:19:11 AM
The Ethereum 2.0 update is quite slow and annoying for many. However, it is all the same, the update continues and we can observe certain successes already now. I believe in this coin and look forward to a manifold increase in its price after this grand update, which is due for completion next year. Ethereum will remain the best coin among altcoins for a long time, and its price of $ 10,000 may not be the limit.
It's okay mate, let's give it a time although we've given that much time for the preparation of ETH 2.0 but who are we to rush? They've already delivered the London Hard fork so that's already a good start.
A part of the network fees are being burned and that's favorable to all of us who hold ETH.
This is such a relaxing process as updates are ongoing. Trading fees are based on trading volume, and burning Eth will lower fees in the long run. But, the ETH share is being consumed by Solana and others every day as fees increase. This is a serious issue. Hopefully they will be able to address this issue soon, otherwise one of their many competitors will start closing the gap.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
October 03, 2021, 05:24:50 AM
The Ethereum 2.0 update is quite slow and annoying for many. However, it is all the same, the update continues and we can observe certain successes already now. I believe in this coin and look forward to a manifold increase in its price after this grand update, which is due for completion next year. Ethereum will remain the best coin among altcoins for a long time, and its price of $ 10,000 may not be the limit.
It's okay mate, let's give it a time although we've given that much time for the preparation of ETH 2.0 but who are we to rush? They've already delivered the London Hard fork so that's already a good start.
A part of the network fees are being burned and that's favorable to all of us who hold ETH.
full member
Activity: 2142
Merit: 183
October 02, 2021, 01:32:27 AM
It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
ETH will be easy to get ATH because ETH has great power in crypto. I see it's just a matter of time before ETH can experience a second, third, fourth or so on. This potential is supported by ETH market conditions that continue to increase even though sometimes they experience corrections but ETH is not easy to dump, the ETH market can be said to be stable in its current position

ETH has high potential because it has solid dev team and they are really accomplishing things according to their plan. Though some plans are delayed but they really do deliver. Besides, this platform is headed by Buterin, who is very well-known among crypto community. They set a game changer in this industry and they are still continuously innovating their services to cater what is best for this market. So even if we say the gas fees are quite expensive today, you have high chance that they will address this concern, and once they resolve this issue, high likely that the price will further increase. It is like only a matter of time before we see it rising again, this is why a lot of people are still trusting this network despite of its competitors.
The Ethereum 2.0 update is quite slow and annoying for many. However, it is all the same, the update continues and we can observe certain successes already now. I believe in this coin and look forward to a manifold increase in its price after this grand update, which is due for completion next year. Ethereum will remain the best coin among altcoins for a long time, and its price of $ 10,000 may not be the limit.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
October 01, 2021, 10:57:45 PM
It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
ETH will be easy to get ATH because ETH has great power in crypto. I see it's just a matter of time before ETH can experience a second, third, fourth or so on. This potential is supported by ETH market conditions that continue to increase even though sometimes they experience corrections but ETH is not easy to dump, the ETH market can be said to be stable in its current position

In deed, Ethereum is 2nd best coin on coinmarketcap and has potential to break its ATH and even can go much beyond because its use case which no other coin break easily, so many project launched on crypto space with the aim to kill Ethereum but non of them succeeded. The only and long standing issue with Ethereum network is its high transaction fee due to scalability problem which is believed to be resolved once ETH 2.0 is launched and implemented successfully.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
September 30, 2021, 06:49:28 AM
It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
ETH will be easy to get ATH because ETH has great power in crypto. I see it's just a matter of time before ETH can experience a second, third, fourth or so on. This potential is supported by ETH market conditions that continue to increase even though sometimes they experience corrections but ETH is not easy to dump, the ETH market can be said to be stable in its current position

ETH has high potential because it has solid dev team and they are really accomplishing things according to their plan. Though some plans are delayed but they really do deliver. Besides, this platform is headed by Buterin, who is very well-known among crypto community. They set a game changer in this industry and they are still continuously innovating their services to cater what is best for this market. So even if we say the gas fees are quite expensive today, you have high chance that they will address this concern, and once they resolve this issue, high likely that the price will further increase. It is like only a matter of time before we see it rising again, this is why a lot of people are still trusting this network despite of its competitors.
full member
Activity: 726
Merit: 100
September 30, 2021, 06:32:00 AM
It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
ETH will be easy to get ATH because ETH has great power in crypto. I see it's just a matter of time before ETH can experience a second, third, fourth or so on. This potential is supported by ETH market conditions that continue to increase even though sometimes they experience corrections but ETH is not easy to dump, the ETH market can be said to be stable in its current position
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
September 30, 2021, 06:19:35 AM
It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
it looks like but it does not reached another ATH , not like Bitcoin that made multiple ATH just this year alone while ETH only has 1 ATH .
I don't even know why people still use the ERC-20 chain. There are much better alternatives available and the ETH developers have ignored the requests from users on a consistent basis for the last two years or so.
I stopped using ERC20 chain couple years ago.

and I never use that again .
Quote
On top of that, the transaction fee hasn't dipped below $5 in recent times. A lot of hype has been generated regarding ETH 2.0. But they started the implementation almost one year ago, and I can't find any significant change which resulted from this. For me, it looks more like a delaying tactic.
this is one of the Saddest part of using ETH platform , it is the fee that mostly Joined Bitcoin in highest Fee.
hero member
Activity: 1064
Merit: 501
September 30, 2021, 05:43:18 AM
It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
The adoption rate of ethereum can't look way higher than Bitcoin. What always comes to people minds when talking about crypto is Bitcoin and every altcoin is following the lead of Bitcoin in price. The present price of ethereum now is $2983 while Bitcoin is $43000. Both (ethereum and Bitcoin) has been flaunting below that amount for days now.
There's has speculation that there will be another ATH of altcoin around October and November. Expecting to see Eth above $4k-$5k
legendary
Activity: 2030
Merit: 1189
September 29, 2021, 05:12:25 PM
It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
It would be nice to see ETH really pumping, yes, the dominance has grown and the market has been on a rollercoaster.

BTC is still doing well relative to all the FUD that's been happening and it looks like we may soon be on an uptrend again, because while FUD is dropping here and there, there are also +ve news too. It's only a matter of time...
sr. member
Activity: 1694
Merit: 299
September 29, 2021, 04:54:49 PM
Ethereum adoption rate is rising because it is still continuing to be developed regularly. After the last updates and the release of Ethereum 2.0, Ethereum has started being preferred more than before. But the high-fee problem is still continuing. And this is really frustrating for the investors. The most important things to do are cutting down the fees at a high rate and speeding up the network.
Ethereum is one of best platform in cryptocurrency and give good opportunity to many developers for doing very cheap and up-to-date job for their own projects demand was very good, but recently we have few good competitors as well in market they are also doing very good Ethereum gas fees is hurting him very badly just because of this we have update about this which was Ethe2.0 and then London fork but these both have no better impact on this.

 Recently we have good features from BSC and Solana which are going to work with more features and latest technology now if Ethereum team want to stay in competition they have to do some very good and quick for otherwise they can lose their spot from second in crypto world.
sr. member
Activity: 1666
Merit: 304
kycfree
September 29, 2021, 03:18:58 AM
Ethereum adoption rate is rising because it is still continuing to be developed regularly. After the last updates and the release of Ethereum 2.0, Ethereum has started being preferred more than before. But the high-fee problem is still continuing. And this is really frustrating for the investors. The most important things to do are cutting down the fees at a high rate and speeding up the network.
full member
Activity: 1820
Merit: 107
September 29, 2021, 02:49:53 AM
#99
It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?

It was no doubt that the Ethereum Network is one of the top choices of many projects in recent years
But lately, Ethereum suffers a setback due to expensive gas fee that's why I don't think Eth price is a reflection of Eth adaption because they are already on that position. In fact, the mass exodus of decentralized application developers or (Dapp's) continues to happen lately, and it was pointed out to the very expensive transaction fees.
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