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TürkçeSwell Ethereum Information
Swell Ethereum is an innovative solution in the cryptocurrency space, focusing on enhancing Ethereum's liquidity and accessibility. By employing staking mechanisms, it incentivizes users to actively participate in the network while earning rewards. This approach not only strengthens the Ethereum ecosystem but also offers users an opportunity to engage with decentralized finance in a seamless manner.
Introduction to Swell Ethereum
Swell Ethereum (SWETH) is an innovative offshoot of the Ethereum blockchain, known for its emphasis on scalability, efficiency, and community-driven development. Unlike traditional cryptocurrencies, Swell Ethereum prioritizes low transaction fees and faster settlement times, making it an attractive option among emerging digital coins.
Performance and Historical Context
Since its inception, Swell Ethereum has witnessed significant volatility, a common trait in the cryptocurrency market. The coin reached its All-Time High (ATH) of $4273.24 in March 2024, marking a considerable peak in its value trajectory. This high point, however, has been followed by fluctuations, with a drop to its current price of $2728.7. Comparing these figures reveals a 36.07598% decline since its ATH. The sharp trends could be indicative of both speculative trading practices and intrinsic market dynamics.
Looking back further, Swell Ethereum registered its All-Time Low (ATL) at $1535.26 just a year ago in October 2023. This substantial rise from its ATL by 77.92608% underscores the significant positive momentum it has achieved since then, derived from increased adoption and favorable market sentiment around its technology.
Advantages of Swell Ethereum
A key advantage of Swell Ethereum lies in its enhanced transaction processes. As opposed to traditional Ethereum with its notorious congestion issues, SWETH offers a streamlined alternative, mitigating high gas fees through improved architecture. This efficiency appeals to developers and users who require a more cost-effective solution for executing smart contracts.
Moreover, the community-driven governance structure enables Swell Ethereum to evolve rapidly. It encourages active participation from stakeholders, ensuring ongoing innovation and the addressing of potential shortcomings in its ecosystem.
Potential Drawbacks
However, Swell Ethereum is not without its challenges. The most pressing may be its dependency on the broader Ethereum platform, which exposes SWETH to risks inherent in Ethereum's core infrastructure. Significant upgrades or hitches in Ethereum itself may inadvertently impact Swell Ethereum's market performance as well.
Additionally, like many cryptocurrencies, Swell Ethereum faces regulatory uncertainty, which could influence its widespread adoption and trading potential. Future regulation changes can heavily sway public and institutional confidence, affecting the coin's market dynamics.
Future Outlook and Potential
The future of Swell Ethereum appears promising but hinges on several factors. The ongoing improvements in Ethereum's ecosystem, notably Ethereum 2.0, provide a fertile backdrop for SWETH to build upon its scalable aspirations. The successful deployment of these upgrades could align Swell Ethereum as a leader in efficient blockchain technology.
With a current market cap of $331,054,890 and an active supply that borders on its total supply, the scarcity factor may contribute to its price stability over time. Provided that Swell Ethereum continues to uphold its commitment to innovation and community engagement, it could harness its potential to scale new heights, offering both developers and investors considerable opportunities.
In conclusion, while Swell Ethereum's present condition reflects a period of consolidation, its foundational strengths and community backing lend it a forward-looking trajectory in an ever-evolving market landscape.
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from price
$3,579
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General Information |
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Title
Swell Ethereum
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Symbol
sweth
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Whitepaper
-
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Website
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Community
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Last Updated
2025-01-21 23:51
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Price Data |
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Current Price $
3578.51
$
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High 24h
3629.35
$
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Low 24h
3450.58
$
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Price Change 24h
65.8
$
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Price Change % 24h
1.87309
%
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Market Data |
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Market Cap
434503444
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Total Volume
503719
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Market Cap Change 24h
3365384
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Market Cap Change % 24h
0.78058
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
121323.09574108
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Total Supply
121326.47831965
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Max Supply
-
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Historical Data |
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All Time High (ATH)
4395.57
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ATH Change %
-18.49162
%
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ATH Date
2024-12-16 18:45
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All Time Low (ATL)
1535.26
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ATL Change %
133.36526
%
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ATL Date
2023-10-12 17:25
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