Ethereum has been around for a while now, and in its almost 6 years’ of existence, ethereum’s users issued over 1 billion transactions….
Relative to defi even.
But ethereum *will* scale.
This is bullish!
Come scale your ethereum applications on harmony with 2-second finality and low fees….
Traders will also want to note, though, that a counter trend — meaning a trend going down — can be seen on the 14 day timeframe.
Waiting for btc to hit about 45.
So whereas binance chain is the home for binance dex, bsc is home to pancakeswap and other more advanced dapps that have been readily forked over from ethereum smart contracts….
They are such different assets, each with fundamentally different value props.
While it could be inferred that binance’s volume is propelling ether costs upward and doing so intentionally to attract more volume to its smart chain, this argument misses out on the blockchain interoperability that binance has promoted….