According to CoinDesk, as Franklin Templeton submitted a spot Ethereum ETF plan, Ethereum ecosystem and second-layer tokens such as LDO, ARB and MNT rose by as much as 7%. At the same time, some market observers pointed out that Google's search interest in Bitcoin is still at an all-time low compared to the price, which means that the retail market has low interest in this topic.
Solana’s SOL led the way among major cryptocurrencies as Bitcoin (BTC) briefly crossed the $50,000 mark late Monday, fueling bullish sentiment among traders. SOL gained 8% and Ethereum (ETH) gained 6.6%, while Bitcoin saw buying after the New York market opened on Monday. Avalanche’s AVAX rose 6%, while BNB Coin (BNB) and Cardano’s ADA rose relatively modestly, at 3%. The CoinDesk 20 Index (an index of the top 20 token liquidity by market cap and volume, excluding stablecoins) rose 4%.
