Van Eck analysts predict that Ethereum’s Layer two (L2) scaling solutions will reach a $1 trillion market cap within six years, fueled by the need to overcome Ethereum’s limitations in processing capacity, data storage, and computation. Despite acknowledging the potential for significant revenue generation on L2 networks over the base Ethereum network, the analysts express […]
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Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms
Toncoin (TON) has recently seen a notable price decline, dropping below its 100-day Simple Moving Average (SMA). This breach of...