This week, most cryptocurrencies are trading in the green, with Ethereum experiencing marginal gains and reaching close to the resistance level. Anticipation of institutional investor inflows and the launch of Ethereum futures ETFs contributed to the positive momentum. Notably, Solana has emerged as a standout performer, registering an unprecedented increase in its price and surpassing other major cryptocurrencies. The surge in Solana’s price was driven by impressive trading volume, positive developments in the decentralized finance sector, and growing social engagement.
