Ethereum
Why Ethereum is up 1.6% today
Analysis
Ethereum (ETH) rose 1.6% over the past 24 hours as Ethereum-linked adoption and ecosystem headlines supported sentiment. Cointelegraph reported that Chainlink data feeds went live for Ondo’s tokenized U.S.
Contributing Factors (3)
Espresso network launches ESP token with 10% airdrop amid Ethereum layer-2 debate
The network transitioned to proof-of-stake and coincides with the rollout of the ESP token, which is used for staking, securing the network and protocol participation.
Goldman Sachs’ Crypto Portfolio: BTC, ETH, XRP, and SOL Holdings Revealed
The investment bank's positions are through crypto ETFs, not direct token holdings.
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.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.