ET

Ethereum

ETH 1 Hour Move
+1.04%
$2,206.30 β†’ $2,229.23

Why Ethereum is up 1.0% in the last hour

Analysis

Ethereum (ETH) ticked up about 1.0% over the past hour amid heightened on-chain attention after Ripple burned 29,900,000 RLUSD on Ethereum as part of a treasury move. The event likely contributed to short-term activity and sentiment around Ethereum’s network usage, supporting a modest bid in ETH.

Contributing Factors (1)

#1
U.Today Listing/Delisting 3 hours ago

29,900,000 RLUSD Burned by Ripple on Ethereum in Fresh Treasury Move

Ripple USD continues to see significant activity, with over 29 million tokens removed from the Ethereum supply.

Confidence
81%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↑ Bullish
Timeframe 1 Hour
Start Price $2,206.30
End Price $2,229.23
Change +1.04%
Detected Apr 13, 2026 4:45 PM

Explanation Confidence

81%

High confidence in the explanation based on source reliability and timing.