Here’s an overview of recent events in the cryptocurrency world, including Ethereum's surge in user numbers and Stellar's recovery after a prolonged downturn.
Ethereum's User Growth
Ethereum has seen a significant increase in users, adding 1.83 million new participants, pushing its adoption rate close to 40%. This uptick highlights growing interest from both retail and institutional investors. The overall number of active participants and unique depositors also shows strong underlying momentum. Additionally, positive net inflow of ETH from large holders may indicate bullish expectations.
Stellar's Recovery
Stellar (XLM) has finally started to recover after a 65% decline that lasted five months. In the last 24 hours, the price of XLM increased by 8.5%, and trading volume surged by 25%, indicating renewed interest from investors. Binance data shows that 65.37% of top XLM traders are holding long positions, suggesting a bullish trend.
Overview of Cold Wallet
Cold Wallet stands out among other projects by offering privacy solutions through zero-knowledge proofs. This crypto wallet does not track user activity and provides a high level of transaction security. Moreover, Cold Wallet is gaining attention amidst the growing demand for privacy solutions in the crypto industry.
The increase in Ethereum users and Stellar's recovery reflects positive trends in the crypto industry. Cold Wallet offers a unique solution for privacy assurance, marking it as a significant player in the market.
