Ethereum (ETH) locked in the Ethereum 2 (ETH 2.0) smart contract has reached a new all-time high. Amid Ethereum’s price continues to rise in the last few days, currently, the global crypto market cap is $855.36B, a 0.14% increase over the last day.

Ethereum, the largest smart contracts blockchain platform in the world today, launched as a PoW network, and like Bitcoin (BTC), relies on mining for transaction processing and network security. The total crypto market volume over the last 24 hours is $37.19B, which makes an 11.22% decrease. The total volume in DeFi is currently $2.72B, 7.30% of the total crypto market 24-hour volume. The volume of all stablecoins is now $34.34B, which is 92.33% of the total crypto market 24-hour volume.

As per the glassnode report, the total value in the ETH 2.0 Deposit Contract just reached an ATH of 15,512,583 ETH. Ethereum, the world’s largest smart contracts blockchain platform today, began as a PoW network and, like Bitcoin (BTC), is dependent on mining for transaction processing and network security. Ethereum’s price and performance have been incredible in recent days, as it has crossed a few key obstacles. This move marked a period of convergence for Bitcoin, indicating the underlying strength of ETH buyers.

(By Nishant Shukla)