Ethereum
Why Ethereum is up 1.6% today
Analysis
Ethereum (ETH) rose 1.6% over the past 24 hours as ETF-flow coverage and on-chain activity narratives stayed in focus, even as headlines compared Ethereum’s fee generation to Polygon amid a prediction-market surge. Cointelegraph and CryptoNews both highlighted Polygon briefly flipping Ethereum in daily transaction fees tied to Polymarket betting activity, keeping attention on broader network usage and the Ethereum ecosystem.
Contributing Factors (3)
Polygon daily fees flip Ethereum amid prediction market boom
Polygon recorded $407,000 in daily fees on Friday, compared with Ethereum's $211,000.
Polygon Flips Ethereum in Daily Fees as Polymarket Oscar Betting Hits $15M
Polygon Flips Ethereum in Daily Fees on Polymarket Surge The post Polygon Flips Ethereum in Daily Fees as Polymarket Oscar Betting Hits $15M appeared first on Cryptonews.
Peter Thiel and Founders Fund exit Ethereum treasury firm ETHZilla, SEC filing shows
Peter Thiel fully exits ETHZilla, filing shows, as shares slide and the firm shifts from ether buildup to tokenization.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.