Ethereum
Why Ethereum is up 1.0% in the last hour
Analysis
Ethereum (ETH) ticked up about 1% over the last hour as Ethereum ecosystem headlines reinforced network usage and institutional interest. Cointelegraph reported that Chainlink data feeds went live for Ondo’s tokenized US stocks on Ethereum mainnet, a development that highlights expanding on-chain real‑world asset activity.
Contributing Factors (3)
Chainlink feeds go live for Ondo tokenized US stocks on Ethereum
Price feeds for SPYon, QQQon and TSLAon are now live on Ethereum, allowing the Ondo-issued tokenized equities to be used as collateral in DeFi lending markets.
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Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.