• bitcoinBitcoin$19,191.69-0.37%
  • ethereumEthereum$1,295.50-1.20%
  • elrond-erd-2Elrond$47.810.97%

The Majority of Ethereum Buyers Are in Profit

Most Ethereum holders are currently enjoying a good time with their returns from making crypto investments since more than 96% of the Ethereum that is currently in circulation is in a state of profit.

According to data by Nairametrics, the number of Ethereum Percent Addresses in Profit (7d MA) has reached a one-month low of 96.374%.

The odds have been supporting the cryptocurrency since the announcement of the long-awaited update to Ethereum, Ethereum 2.0, which aims to offer a better experience on the network.

Some of the unique features that will come with the update include a move from Proof of Stake to Proof of Work and a new blockchain called the beacon chain that aims to offer better scalability.

As it implements features for better speed, efficiency, scalability, and enhancement, the ETH network promises to be better without having to compromise its famous decentralization or security.

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