Fed from the days and Crypto Coins We started another day on another thorns. Although the corporate demand is alive BTC Due to the volatility in the price, investors who have experienced false rise in pain for months continue to monitor what is happening on the edge. So what are the market expectations? Ethereum $1,835.43 What does up -to -date data tell us for Layer2 solutions?
Ethereum Altcoins
Although the layer2 networks on the Ethereum network undermine the earnings of the main network, it helps the ecosystem to grow further. Many analysts Eth The long -term weakness of its price attributes to the increase in interest in layer2 solutions. So which one takes the biggest slice of the cake? Apart from Base, there are all sub -networks to the token and noach today announced the stars of the Ethereum network by sharing the graph below.
“Ethereum The L2s reach an increasing role in activities on the network. Last week, the total volume for ETH (including L2) was reported as $ 10.9 billion.
Now let’s look at the process volume of the individual L2s:
(1) Base: 5 billion dollars with an increase of 5.59 %compared to the previous week.
(2) Arbitrum: 112 million volumes were reported.
(3) Optimism: Volume of over $ 185 million.
(4) Starknet: Volume of over 36.5 million dollars.
(5) Other important L2s
– Taiko: Approximately 11 million volume.
– Unichain: He recorded about $ 2,4 million.
– Immutable X: Volume of over $ 42 million. ”
These figures are huge in the total volume of $ 11 billion. Blockchain is great in terms of its availability, but the coup is hit by Ethereum revenues here is not good for ETH. The base network of the Coinbase exchange earns a significant amount of profits every month, and this is the income of the main network of the Ethereum.
Crypto Money Expectations
The non -agricultural employment data on Friday was over expectation, but it was low compared to the previous month. This FedDue to the assumption that it will relax, the expectation of interest in June was suspended by the markets. TKL says that the unemployment figures are not so good with the data she shared at the time of the article.
“The number of long -term unemployed Americans increased to 1.67 million in April and reached the highest level since February 2022. The number of Americans who have been unemployed for 27 weeks and more has increased by 600,000 in the last 2 years.
As a result, the proportion of individuals who have been unemployed for more than 27 weeks has increased to 23.5 %, the highest level of the last 3 years. In the past, such high levels of unemployment occurred during recessions. Meanwhile, the average unemployment time reached 23.2 weeks in April and has reached the second highest level since May 2022.
US labor market is weakening. “
And this comment says Fed may not be so hawk tone today. Since the news that the first talks will begin with China, we can say that the expectation of rise in crypto currencies has increased.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
