

One article understands Ethereum erases the half-year increase, XRP plummets 40%, and SOL falls below $180
Mar 05, 2025 pm 02:06 PMThe crypto market fell sharply under the impact of the US imposing tariffs!
The liquidation of over US$2 billion in 24 hours
Coinglass data shows that in the past 24 hours, the amount of liquidated in the cryptocurrency market exceeded US$2 billion, of which the liquidated in long positions was US$1.81 billion, the liquidated in short positions was more than US$288 million, and the affected users were more than 710,000. Bitcoin's continued decline is the main cause.
Ethereum fell below $2,100
Other mainstream cryptocurrencies perform worse. Ethereum price fell to $2,086 at one point, hitting a new low since August last year. Although it has rebounded above $2,400, the 24-hour decline is still more than 20%.
Solana approaches January low
SOL prices also fell sharply, reaching a low of $175, close to a January low. However, its 24-hour decline is smaller than Ethereum, and its current price is $185.8.
XRP has the most decline
Among the major cryptocurrencies, XRP fell the most severely, with a 24-hour decline of up to 40%. The price fell to $1.78 at one point, falling back to the low of December last year, and a large number of contract investors exploded.
The above is the detailed content of One article understands Ethereum erases the half-year increase, XRP plummets 40%, and SOL falls below $180. For more information, please follow other related articles on the PHP Chinese website!

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The recent surge of Ethereum price by more than 20% is mainly driven by four major factors: 1. The Cancun Upgrade is approaching, especially the "prototype data sharding" technology introduced by EIP-4844 will significantly reduce the transaction costs of Layer 2, improve network scalability, and attract investors to make advance arrangements; 2. The DeFi ecosystem continues to flourish, and the total value of locked positions (TVL) has grown steadily. New protocols such as liquid staking derivatives (LSD) and restaking (Restaking) have risen, increasing the rigid demand for ETH as a Gas fee and pledged assets; 3. The market has strong expectations for the approval of Ethereum spot ETF, believing that it will provide convenient channels for institutional investors, introduce a large amount of funds and enhance market confidence.

1. Ordinary users can purchase Ethereum through mainstream digital asset trading platforms such as Binance, Ouyi OK, HTX Huobi. The process includes registering an account, identity authentication, binding payment methods and trading through market or limit orders. The assets can be stored on the platform or transferred to personal money sacrificials; 2. Ethereum has no fixed issuance limit, with about 72 million initial issuance, and it is continuously issued through the PoS mechanism and the destruction mechanism is introduced due to EIP-1559, which may achieve deflation; 3. Before investing, you need to understand the risk of high volatility, enable two-factor verification to ensure account security, and learn asset custody methods such as hardware or software money sacrificials; 4. Ethereum is the core platform of decentralized applications, DeFi protocols and NFT ecosystems, supporting the operation of smart contracts and promoting digital asset rights confirmation and flow

Ethereum is a decentralized application platform based on smart contracts, and its native token ETH can be obtained in a variety of ways. 1. Register an account through centralized platforms such as Binance and Ouyiok, complete KYC certification and purchase ETH with stablecoins; 2. Connect to digital storage through decentralized platforms, and directly exchange ETH with stablecoins or other tokens; 3. Participate in network pledge, and you can choose independent pledge (requires 32 ETH), liquid pledge services or one-click pledge on the centralized platform to obtain rewards; 4. Earn ETH by providing services to Web3 projects, completing tasks or obtaining airdrops. It is recommended that beginners start from mainstream centralized platforms, gradually transition to decentralized methods, and always attach importance to asset security and independent research, to

First, select well-known platforms such as Binance Binance or Ouyi OKX, and prepare your email and mobile phone number; 1. Visit the official website of the platform and click to register, enter your email or mobile phone number and set a high-strength password; 2. Submit information after agreeing to the terms of service, and complete account activation through the email or mobile phone verification code; 3. Complete identity authentication (KYC) after logging in, enable secondary verification (2FA) and check security settings regularly to ensure account security. After completing the above steps, you can successfully create a BTC digital currency account.

In the digital currency market, real-time mastering of Bitcoin prices and transaction in-depth information is a must-have skill for every investor. Viewing accurate K-line charts and depth charts can help judge the power of buying and selling, capture market changes, and improve the scientific nature of investment decisions.

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Binance APP is a world-leading digital asset service application, providing users with safe and convenient trading experience and comprehensive market information. Through its official mobile client, users can grasp the latest market trends, manage personal digital assets, and conduct diversified trading operations anytime and anywhere. This article will introduce in detail how to obtain and install the Binance APP through official channels, as well as its core functions and usage techniques, to help users use the platform safely and efficiently.

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