THE HASH: Goerli Ether Surged Over the Weekend; Allure of Bitcoin Ordinals Drives Crypto Funds to Stacks

THE HASH: Goerli Ether Surged Over the Weekend; Allure of Bitcoin Ordinals Drives Crypto Funds to Stacks

By CoinDesk

The most valuable crypto stories for Monday, Feb. 27, 2023. 

"The Hash" team discusses why Goerli ether's (gETH) price spiked to over $1.60 during the weekend. These tokens are a testnet version of actual ether for developers to simulate transactions, smart contacts and other activities prior to deploying on the Ethereum mainnet. This means the tokens are supposed to be free – issued simply for testnet developers. Plus, a closer look at why crypto investment funds are turning to tokens of the Stacks Network as they bet on the growth of Bitcoin.

See also:

Start of the End? Testnet Goerli Ether Spikes to $1.60 as Traders Jump on Opportunity Meant for Developers

Allure of Bitcoin Ordinals, DeFi Drives Crypto Funds to Bitcoin Layer 2-Token Stacks

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This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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