Ethereum's price has been struggling to reach the $2,000 milestone and is currently being defended at the $1,900 level by bullish investors. A group of whales have been buying more ETH to counteract the selling pressure, with 150,000 ETH worth $288 million added to their balances between July 15 and 20. The rising user acquisition rate on the Ethereum network suggests that the community is building momentum for the next bull rally, with network growth surging 49% from July 5 to 20. These factors indicate that ETH is likely to hold the $1,800 support and potentially rebound above $2,000.

Ethereum, a major player in the DeFi space, experienced a significant decline in network revenue and daily active addresses during Q2 2023, according to a Bankless report. The network's revenue dropped by 33.3% YoY, from $1.27 billion to $847 million, due to a decrease in transaction fees.

The 'Opepen Edition' Ethereum NFT collection, which features Pepe meme-inspired graphics and was initially curated by artist Jack Butcher, has experienced a surge in value and popularity thanks to social media hype. Despite being initially distributed for free, the floor price of the collectibles has risen from 0.47 ETH to 0.90 ETH in just five days, with a current floor price of 0.81 ETH.

Despite facing significant fluctuations and high volatility in Q2 2023, Ethereum demonstrated resilience and attracted an influx of new users to its protocol. The platform displayed substantial growth in various aspects during this period, including an increase in market cap dominance.

Los Angeles-based NFT artist Ellie Pritts has opened her first solo exhibition in New York City at the Bitforms gallery. The exhibition features eight animations that are available to mint as NFTs on Ethereum, as well as physical prints.

An Ethereum ICO participant who had been inactive for over eight years has resurfaced and transferred 61,216 ETH, worth over $116 million, to crypto exchange Kraken. The participant had received the ETH for only 31 cents a coin at Ethereum's Genesis, worth around $18,980 at the time.

The global market cap has decreased by 0.4% to $1.2T, while the fear and greed index dropped to 55 from yesterday's neutral position of 57. Bitcoin is trading at $30.04K with a daily gain of 0.24% and a weekly decrease of 2.1%, and its volatility is decreasing as indicated by the Bollinger bands.

The transition of Ethereum's consensus mechanism from proof-of-work to proof-of-stake was a difficult task, but was accomplished without downtime. Lido, the largest liquid staking protocol, has also undergone improvements, including the addition of a staking router mechanism.

At the Ethereum Community Conference in Paris, Ethereum co-founder Vitalik Buterin praised the elegance of modern account abstraction, which does not require changes to the underlying protocol. Account abstraction involves switching from Externally Owned Wallets to smart contract-based wallets, potentially making managing a crypto wallet as easy as managing an email account.

In the past 24 hours, there has been an increase in activity from crypto whales, with large amounts of coins being sent to exchanges as the market shows signs of weakness. Whale Alert, a blockchain monitoring service, has reported several large transfers of Bitcoin and other digital assets from large entities to various crypto exchanges.

A recent survey conducted by CryptoVantage found that 78% of Americans who invest in cryptocurrency believe that Bitcoin will reach a new all-time high. 23% of respondents predicted this would happen within the next year, while 47% believe it will happen within the next five years.

According to The Block's data dashboard, the outstanding debt of Compound, a decentralized lending protocol on Ethereum, has exceeded $1 billion. This marks a significant shift in the crypto market, which was previously affected by a credit crisis in 2022, resulting in the bankruptcy of lenders such as BlockFi and Celsius.

Neon Labs has launched the "Neon EVM", which allows developers to write Ethereum applications on top of Solana. This smart contract built on top of Solana enables developers to deploy Ethereum Virtual Machine (EVM) code, which was previously not possible on the network.

PeckShield, a blockchain security firm, has confirmed that criminals stole $480 million through DeFi hacks in the first half of 2023. The three main types of DeFi attacks were logic bugs, oracle manipulation, and privilege exposure. Despite a 75% decrease in DeFi criminal activity compared to 2022, Ethereum remains the main target for hackers. Chainalysis has reported a decrease in the flow of illicit funds to suspicious addresses, but ransomware attacks and impersonation scams have increased.

On Monday, Ethereum's price was at $1,915, experiencing a 0.8% wobble after sliding from a three-month high of $2,015 due to an aggressive take-profit drive over the weekend. Traders are wary of a potential pullback below the immediate support level of $1,900, especially with Bitcoin's price hovering around $30,000.

The creator of Ethscriptions, a protocol for creating and sharing digital objects on Ethereum, has reported that the platform's main marketplace was hacked. While the protocol itself was not impacted, a significant number of Ethscriptions listed on Ethscriptions.com were stolen, with around 123 individual addresses losing a total of about 202 ethscriptions. It is unclear how much was lost in terms of value, but some inscriptions have sold for as much as 5 Ethereum in the past month. The marketplace will be relaunched once necessary changes are made to the protocol itself.

According to recent data, Ethereum whales have been selling off their holdings, with one whale selling 4,549 ETH for $8.78 million. This sell-off pattern may have been triggered by the positive court decision in favor of Ripple's XRP, which had a ripple effect on several other cryptocurrencies, including Ethereum.

The global market cap has decreased by 0.4% in the past 24 hours, leading to a slow start to today's market session. Bitcoin is trading at $30.2K with a 0.2% drop in the past 24 hours and a 57% decrease in trading volume. Ethereum is trading at $1929 with a 52% decrease in price valuation and trading volume.

According to cLabs, They call to action for feedback and discussion around a proposal for Celo to return home to Ethereum by transitioning from being an independent EVM-compatible Layer 1 blockchain to an Ethereum Layer 2.

Tron's TVL growth has been impressive, outperforming most networks except for Ethereum. The network's growth has attracted a lot of liquidity, as seen through its TVL growth over the last few months. Tron had the second-highest TVL in the first half of 2023, outperforming all other networks except for Ethereum. Tron's TVL currently stands at around $5.79 billion, a significant improvement from its lowest YTD level of just over $4 billion. The recent bullish outcome on July 13th pushed TRX's marketcap to a new monthly high above $7.3 billion, with the number of users on the network reaching more than 2 million as of July 2023.