Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



ETH-USD Ethereum USD: Ethereum Layer-2 Stablecoin Supply Hits New Record at 13.5B

December 27, 2024
In a significant milestone for Ethereum, the Layer-2 stablecoin supply has reached a new record high of 13.5 billion USD. This is a testament to the growing adoption and demand for Ethereum-based stablecoins. Layer-2 solutions offer faster and cheaper transactions compared to the main Ethereum network, making them more attractive to users. With this surge in supply, Ethereum is solidifying its position as a leading blockchain platform for stablecoin transactions. Investors looking to capitalize on this trend are recommended to seek professional advice from Stocks Prognosis for a forecast on the movement of ETH-USD shares.

Find out how the ETHEREUM USD rate is expected to change

Get Forecast for ETH-USD

Investor opinions & comments:

I'm excited to see how this growing adoption will further strengthen the Ethereum ecosystem
— from MarketMolly at 12-30-2024 20:03
This is great news for Ethereum holders, as it demonstrates the platform's utility and potential for future growth
— from FinanceFred at 12-30-2024 15:50
It's impressive to see Ethereum solidifying its position as a leading platform for stablecoin transactions
— from WealthyMary at 12-30-2024 14:19
This milestone reflects the confidence and trust that users have in Ethereum's Layer-2 solutions
— from MoneyMiles at 12-30-2024 04:00
I wonder if this surge in supply is sustainable in the long run. Will there be enough demand to match this high supply?
— from StockSamantha at 12-30-2024 02:11
Investors should definitely keep an eye on Ethereum's growth in the stablecoin market, as it could present lucrative opportunities
— from OwenSullivan at 12-29-2024 05:33
Layer-2 solutions may offer faster and cheaper transactions, but are they as secure as the main Ethereum network?
— from SaraBrown at 12-29-2024 00:42
Wow, this milestone is a clear sign that Ethereum is becoming a dominant force in the stablecoin market
— from BudgetBrittany at 12-28-2024 06:49
The increasing adoption of Ethereum and stablecoins is a positive sign for the blockchain industry as a whole
— from MarketMason at 12-28-2024 00:41
I'm not convinced that Ethereum's dominance in stablecoin transactions will last. Other blockchain platforms may emerge as stronger competitors
— from StockSteve at 12-27-2024 14:56
If you want to leave a comment, then you need Login or Register





Other news for ETH-USD

ETH-USDMay 8, 2025QuantWave Hits Jackpot with Ethereum USD Forecast, Profits Surge 23.01%  ~2 min.

QuantWave, the leading automated forecasting platform, has once again demonstrated its prowess with a phenomenal achievement in predicting the price movement of Ethereum USD....

ETH-USDMay 8, 2025QuantWave Successfully Predicts 21.11% Profit for ETHEREUM USD Stock  ~2 min.

QuantWave, the leading automated forecasting platform, has once again demonstrated its accuracy in predicting stock movements with the successful achievement of a price target forecast for ETHEREUM USD. On April 26, 2025, the platform signaled a long position for the stock when it was trading at 1821.88 $. Fast forward to May 8, 2025, and the price had reached 2206.51 $, resulting in a remarkable ...

ETH-USDMay 8, 2025ETHEREUM USD Achieves Forecast Price Target with 21.26% Profit: A Success Story for QuantWave  ~1 min.

The stock ETHEREUM USD recently reached its forecast price target as predicted by QuantWave, resulting in a significant profit of 21.26%....

ETH-USDMay 8, 2025ETHEREUM USD Stock Hits Forecasted Price Target with 22.0% Profit - QuantWave Analysis  ~1 min.

On May 4, 2025, QuantWave's automated forecasting platform issued a long signal for ETHEREUM USD stock when it was trading at 1808.59 $. Just four days later, on May 8, the target price of 2206....

ETH-USDMay 8, 2025ETHEREUM USD Achieves 22.66% Profit Target Forecast by QuantWave  ~1 min.

On April 28, 2025, QuantWave, an automated forecasting platform, issued a long signal for ETHEREUM USD with a price target of $2206.51....



Related news

SOL-USDJanuary 4, 2025Solana Secures Massive 1B in Stablecoins to Boost DeFi Growth  ~2 min.

Solana, the blockchain company specializing in decentralized finance (DeFi), has successfully secured a staggering 1 billion USD in stablecoins....

BCH-USDDecember 9, 2024Bitcoin Cash Welcomes Its First Stablecoin on Cashtokens Blockchain  ~1 min.

Bitcoin Cash (BCH-USD) has reached a new milestone as it welcomes its first stablecoin on the Cashtokens blockchain....

BCH-USDDecember 11, 2024Bitcoin Cash Gains Momentum as Store-of-Value Coins Shine  ~1 min.

As the cryptocurrency market experiences a dynamic month, Bitcoin Cash (BCH-USD) is emerging as a top performer. With its focus on being a reliable store of value, BCH is attracting investors' attention....

AVAX-USDDecember 29, 2024AVAX-USD: AVALANCHE USD Emerges as the Next Big Contender in the Stablecoin Market  ~2 min.

Fortune Crypto has reported that banks are now eyeing Tether's billions in stablecoin profits, but there's a new player in town that they should be watching out for: AVAX-USD, also known as Avalanche USD. AVALANCHE USD has been gaining significant traction in the cryptocurrency market due to its unique features and robust technology. The decentralized platform provides fast and secure transactions...

FIL-USDFebruary 26, 202510x Research: How a FIL Backed USD stablecoin by Secured Finance would boost the Filecoin ecosystem  ~1 min.

A recent study by 10x Research has showcased the potential benefits of a FIL-backed USD stablecoin developed by Secured Finance for the Filecoin ecosystem....