Ethereum grew by 5% per day

Ethereum ETH $3,324.35 Bridged Ether (StarkGate) 1.52% Market capitalization $0.3 billion VOL. 24 hours $2.18 billion has shown a 5% increase over the past day, exceeding $ 3,200. The rise in the price of the leading alcoin was accompanied by an increase in market capitalization and trading volumes. ETH is currently trading at $ 3,270.73, up 0.025% from its previous close.

Analysts note that, despite the hawkish signals from the US Federal Reserve, Ethereum is showing resilience. According to IntoTheBlock, the number of active Ethereum addresses has increased by 37% in recent months, reaching 670,000, which is significantly higher than the 400,000 figure in early 2024.

Some experts believe that a successful breakout of the current level could lead to further growth of ETH to $ 4,000. Nevertheless, there are analysts who note that the formation of higher lows on longer timeframes indicates a strengthening bullish structure. In turn, this may open the way to new historical highs.

However, as with any investment, experts say, it is important to consider possible risks and conduct your own analysis before making decisions.