August 07, 2024
Turbo Protocol's 400K TPS Launch Amid ETH Dip
Whales Hoard $340M
Whales Hoard $340M
ETH fell hostage to the market turbulence after U.S recession fears took over on Monday.
ETH fell hostage to the market turbulence after U.S recession fears took over on Monday.
Amidst this,
Amidst this,
Turbo Protocol solidifies as one of the frontrunners in a mission to create cost-effective and high-throughput blockchain solutions.
Turbo Protocol solidifies as one of the frontrunners in a mission to create cost-effective and high-throughput blockchain solutions.
Turbo Protocol's new sidechain, can process up to 400K transactions per second.
Turbo Protocol's new sidechain, can process up to 400K transactions per second.
Turbo Protocol's TPS should be nothing short of a groundbreaking promise, as these are the current TPS numbers.
Turbo Protocol's TPS should be nothing short of a groundbreaking promise, as these are the current TPS numbers.
Solana 1000 TPS
Solana 1000 TPS
Ethereum 20 – 30 TPS
Ethereum 20 – 30 TPS
Visa 24,000 TPS
Visa 24,000 TPS
In all this technological growth, the price of Ethereum (ETH), currently $2,500, has seen a slight uptick.
In all this technological growth, the price of Ethereum (ETH), currently $2,500, has seen a slight uptick.
ETH rose by 4.49% in 48 hours.
ETH rose by 4.49% in 48 hours.
During this market slump, notable fluctuations have emerged.
During this market slump, notable fluctuations have emerged.
Six large wallets tied to the Nomad Bridge Exploiter group acquired $340M worth of ETH.
Six large wallets tied to the Nomad Bridge Exploiter group acquired $340M worth of ETH.
These whales purchased 144,071 ETH for an average price of $2,300 per ETH
These whales purchased 144,071 ETH for an average price of $2,300 per ETH
Players of this size can create considerable imbalances in the cryptocurrency market.
Players of this size can create considerable imbalances in the cryptocurrency market.
Learn more about the Ethereum Whales.
Learn more about the Ethereum Whales.