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cryptonews

2023-02-28 21:04:00

How Another Ethereum DeFi Summer Can Power the Next Big ETH Price Rally

How Another Ethereum DeFi Summer Can Power the Next Big ETH Price Rally

Smart-contract activity on the Ethereum blockchain remains relatively healthy, despite 2022’s ferocious bear market that has seen Ether (ETH), last in the low $1,600s, pull over 65% lower versus its November 2021 record highs in the $4,800s. According to a graphic presented by crypto data analytics firm Glassnode, so-called internal contract calls have remained close to their record highs in recent quarters at close to 4.0 million.... Read More: How Another Ethereum DeFi Summer Can Power the Next Big ETH Price Rally

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