Ethereum Gains 11% Despite Market Slump
Ethereum has proven its resilience in the current market environment, rising 11% even as other major cryptocurrencies, like Bitcoin and Solana, have struggled. This growth can be attributed to the continued adoption of decentralized applications (dApps) and the increased activity on Layer 2 networks such as Arbitrum and Polygon. These networks boost Ethereumâs utility and appeal, helping it stand out in a challenging market. As the second-largest cryptocurrency by market cap, ETHâs performance is critical in shaping broader market sentimentâ .
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