The post Ethereum and TRON Report Impressive Rallies as NuggetRush Presale Exceeds Expectations appeared on BitcoinEthereumNews.com.

TLDR Ethereum’s (ETH) recent on-chain activity could indicate a rally. Tron (TRX) aims to scale its stablecoin activity to the Bitcoin ecosystem in 2024.  NuggetRush (NUGX) dominates the presale race after raising over $2.3 million. Gas fees on Ethereum (ETH) have risen to an 8-month high amid the recent market rally. Tron (TRX) will soon launch a layer-2 network for the Bitcoin ecosystem. NuggetRush (NUGX) has surpassed investor expectations to raise over $2.3 million by round five of its presale. It has sold over 186 million NUGX tokens, outperforming several new ICOs. Yet, is NuggetRush (NUGX) a match for Ethereum and Tron? Let’s hear what investors think. >> Buy NuggetRush Now << Ethereum Surges as its Gas Fees Rise to an 8-Month High Ethereum is leading other top altcoins in a February market rally. On-chain data has revealed a significant jump in Ethereum’s (ETH) gas fees, pushing it to an 8-month high. Despite a slow performance since mid-January, Ethereum (ETH) has pulled off an impressive recovery, which coincides with Bitcoin’s recent pump. ETH traded at $2,511 on January 15. It fell by 9.1% to $2,282 on January 31. ETH recovered by 9.5% to $2,501 on February 10 before jumping by 12.0% to $2,803 on February 16. Ethereum’s (ETH) recovery comes amid preparations to enter its “Surge” era. The upgrade will help remove bottlenecks in the actualization of Etheruem’s plans to reach a network speed of 10,000 transactions per second. Increased network performance would also boost development activity on Ethereum. This could push ETH’s value up by 10.9% to $3,1103. Tron Unveils Plans to Merge with Bitcoin DeFi Services in 2024 Tron (TRX) plans to boost its DeFi services by launching a Bitcoin layer-2 solution. Tron’s founder, Justin Sun, said the new development will foster the decentralization and intertwining of various…

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Filed under: News - @ February 21, 2024 8:14 pm