In December 2024, the cryptocurrency markets are abuzz with Ethereum and Avalanche news. Significant whale investments in ETH and Avalanche's ongoing network upgrades capture the attention of investors and analysts.
Ethereum's Whale Interest
Ethereum (ETH) has become the focus of crypto investors due to massive whale interest. Currently, 104 wallets each hold over 100,000 ETH, making up 57% of the total supply. This trend boosts ETH's price, which has now surpassed $4,000, with potential to reach the $4,500-$5,000 range.
Avalanche's 9000 Upgrade
Avalanche (AVAX) has introduced the Etna upgrade for its C-chain network, reducing transaction costs and adding a new class of validators for creating subnets. This provides developers the opportunity to create custom blockchains with lower costs. The Avalanche Foundation has raised $250 million from investors such as Galaxy Digital and ParaFi Capital.
Qubetics' Prospects
Qubetics ($TICS) is also worth attention due to its presale campaign and high ROI figures. One of its most intriguing features is the decentralized VPN, offering high privacy and security levels, driving interest in the platform.
Ethereum and Avalanche continue to strengthen their market positions, attracting global investor interest. Their innovative approaches and network upgrades contribute to the development of the cryptocurrency industry. Qubetics also stands out as a promising project with its unique offerings.
