June 19 (Cointime) - After a brief surge to $1,769 over the weekend, the price of Ethereum, the largest smart contracts ecosystem, has stabilized on Monday. Investors are now seeking buy signals to confirm higher price swings.

A new protocol called "Ethscriptions" has been launched on the Ethereum blockchain, enabling users to launch NFTs and other digital assets in a more cost-effective and decentralized manner. The protocol has already generated almost 30,000 Ethscriptions in the first 18 hours of its activation.

Meanwhile, a competitor to Shiba Inu has launched a decentralized exchange, and the Ripple lawsuit's judgment date of July 1, 2023, is looming.