The global liquidity surged as Bitcoin and Solana led the crypto money flow with Ethereum trailing behind them among popular coins.
The latest analyses have revealed a shift in the market, with Solana overtakingand Solana led the cryptocurrency space, occupying the top two positions, followed by Binance Coin in third, and Ethereum trailing in fourth.
Despite this, Coinbase buyers have been aggressively purchasing at lower levels, placing ETH/USDT in an ideal reversal zone. The question now is whether Ethereum can rally and push its price higher.Vitalik Buterin continued to actively promote Ethereum amid its recent struggles. Buterin“I’ve talked to a bunch of L2s and there is a lot of will to work together to improve on Ethereum ecosystem-wide interoperability.
Buterin also addressed the misconception that proof-of-work is the gold standard for digital assets, arguing that this narrative is losing traction. Additionally, Buterin noted that the growing success of smart contract wallets and the L1’s robustness are very bullish signs for Ethereum’s long-term prospects.In a further show of support for Ethereum’s growth, Buterin recently transferred 200 ETH, worth about $517,000, to a multi-signature contract believed to be a donation to the ethOS project.
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