An on-chain indicator, notorious for accurately predicting Ether tops, returns amid the ongoing price rally.
CELO price gained 50% ahead of the network’s May 19 'Donut’ hardfork which will help increase interoperability and lower gas fees.59556
Analysts expect Ether price to rally to new all-time highs since the Berlin upgrade resulted in a drop in gas fees and a surge in DeFi activity.22754
Following Dogecoin’s lead, Ethereum Classic rallied to a new all-time high and Bitcoin Cash doubled as altcoin forks have started to gain traction.63613
The pending hard fork will take the first steps in addressing Ether’s high transaction fees.34047