Ethereum
Why Ethereum is up 1.0% in the last hour
Analysis
Ethereum (ETH) ticked up about 1% over the past hour, likely supported by a rotation narrative highlighted by Decrypt reporting that Harvard sold Bitcoin to buy Ethereum. At the same time, coverage of heightened onchain activity tied to prediction-market demand (with Polygon fees briefly surpassing Ethereum’s) kept broader attention on the Ethereum ecosystem and related flows, which can buoy sentiment toward ETH even if activity is occurring on L2s.
Contributing Factors (3)
Polygon daily fees flip Ethereum amid prediction market boom
Polygon recorded $407,000 in daily fees on Friday, compared with Ethereum's $211,000.
Polygon Flips Ethereum in Daily Fees as Polymarket Oscar Betting Hits $15M
Polygon Flips Ethereum in Daily Fees on Polymarket Surge The post Polygon Flips Ethereum in Daily Fees as Polymarket Oscar Betting Hits $15M appeared first on Cryptonews.
Morning Minute: Harvard Sells Bitcoin for Ethereum
Harvard's rotation from Bitcoin to ETH has raised the primary question—what do they know?
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.