DeFi Tokens Overtake Ethereum’s Rise as Network Hard Fork Looms

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Join us Thursday, August 5th at 10AM PT on Twitter Spaces for a discussion on the upcoming EIP-1559 deployment with Decrypt’s Jeff Benson, Ethereum 2.0 core engineer Ansgar Dietrichs, and Ethereum Cat Herders Pooja Ranjan and Hudson Jameson.
Ethereum (ETH) reached a local high at $2,756 in the early hours on Thursday before slipping down to $2,610 by press time. This still represents a gain of 4.9% over the past 24 hours, and 14.8% in the last seven days.

The last time ETH was trading at these levels was on June 7, according to CoinGecko. Since then its price fell below $1,800 on several occasions; however, for the past two weeks the asset has been rising as the overall crypto market rebounded from the slide that started in mid-May.
By contrast, Bitcoin (BTC) is up .9% in the last day, struggling to break above the $40,000 level last seen on August 1.
The Ethereum network is bracing itself for a planned hard fork dubbed London—the upgrade is set to happen today at block 12,965,000.

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Źródło: https://decrypt.co/77731/defi-tokens-overtake-ethereum-rise-network-hard-fork-looms

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