Ethereum
Why Ethereum is up 6.8% today
Analysis
Ethereum (ETH) rose 6.8% over the past 24 hours as sentiment improved around Ethereum’s on-chain dollar liquidity, with Token Terminal data showing stablecoin supply on Ethereum hitting a new all-time high of $180B—often read as supportive for network activity and DeFi demand. While some flow-focused headlines pointed to stronger ETF/fund inflows favoring XRP over ETH, the dominant bullish catalyst in the news cycle was the record stablecoin supply on Ethereum.
Contributing Factors (3)
Ethereum stablecoin supply hits $180B all-time high: Token Terminal
Ethereum could see $850 billion in “new flows” by 2030 if the trend continues, according to Token Terminal.
XRP Beats Bitcoin, Ethereum, Solana and Even Dogecoin in 24-Hour ETF Flows
XRP is beating assets from the Big Three and even smaller meme coins in ETF flows.
XRP Posts Biggest Inflows Since December While Ethereum Investors Flee
Digital asset investment products recorded $224 million in inflows last week, with XRP capturing the bulk of fresh capital before macro headwinds reversed momentum late in the period. The recovery cam...
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