The market is unregulated, and even slight events could swiftly move prices back and forth. For instance, Ethereum’s price bounced between $5 and $15 per coin in 2016. The price then soared to about $1,500 in early 2018 before dropping to less than $100 by that year.

The cost of Ethereum only jumped to over $500 in late 2020.

Ethereum is a highly volatile asset, with constant price fluctuations like other cryptocurrencies.

USDT saw $809 million in exchanges, while only $630.4 million was withdrawn.

While $310 million ETH entered exchanges, a staggering $1.1 billion was withdrawn.

Bitcoin and Ethereum witness substantial net outflows from exchanges.

Combining the capabilities of decentralized autonomous organizations (DAO) with non-fungible tokens, The Sandbox creates a decentralized game platform (NFTs).

The Sandbox seeks to change the industry by allowing players to build and gather blockchain-based goods within a virtual realm, and it carves out a space for itself in the worldwide gaming sector.

The Sandbox virtual world is based on the Ethereum blockchain, so the proof-of-stake (PoS) consensus mechanism protects it.

The Sandbox is a blockchain-powered virtual world where users may develop, construct, purchase, and exchange game-based digital assets.

The market intelligence page Messari shared in a tweet published yesterday that the usage of Polkadot(DOT) cross-consensus message format (XCM) has expanded beyond asset transfers.

DOT was trading at $5.37 after it printed a 1.88% gain over the past 24 hours.

The number of XCM channels has reportedly seen a 60% increase.

XRP was trading hands at $1,831.84 after a 2.56% price increase.

A well-known crypto analyst Ali shared a post on Twitter yesterday to highlight that whales have been accumulating Ripple (XRP).

This could indicate that these whales have bullish expectations for the remittance token.

An analyst recently shared on Twitter that whales bought millions worth of XRP over the past three weeks.

From the chart on MATIC, it appears that this breakout occurred as the 10-day (red) moving average moved closer to an upwards crossover with its 25-day (blue) counterpart.

As a result of the move, polygon recorded its strongest point since May 8, breaking out of a key resistance of $0.9500 in the process.

Following a low of $0.8802 on Thursday, MATIC/USD hit an intraday high of $0.9514 during today’s session.