..., the risk of short-term pullbacks remains. Ethereum: Investment Inflows and Staking Benefits Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is also trading close to recent highs following an impressive rise. Last month, Ether surpassed the $3,500 mark for the first time since spring, nearing the psychologically significant $4,000 level. Although an immediate breakout above this level has not yet occurred due to sales from some holders, the fundamental trends for Ethereum ...

... profit-taking, Bitcoin remains stable within a defined corridor. Ethereum: Investor Interest and Staking Benefits Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is trading near recent maximums after a remarkable climb. Last month, Ether broke the $3,500 barrier for the first time since spring, approaching the psychologically significant mark of $4,000. While it was unable to breach the $4,000 level immediately due to profit-taking from some holders, fundamental trends for Ethereum ...

... stability has begun to return in the second quarter. User activity in DeFi is gradually growing: decentralized exchanges, lending protocols, stablecoins, and ETH staking services remain popular. High interest in DeFi translates to increased demand for Ether (ETH is used as collateral and for paying fees), supporting the price. Conversely, risks in this sector also impact ETH's value: protocol hacks, massive loan liquidations, or liquidity outflows can trigger sales of Ethereum in the market. Overall,...

... smart contracts to gain an advantage. OKEx Academy staff highlighted an additional interest from investors in other products similar to ETH. For instance, at the end of 2020, the firm 3iQ launched an exchange-traded fund based on Ethereum called The Ether Fund, which was listed on the Toronto Stock Exchange. Since then, similar products have been created by Galaxy Digital and CoinShares. Additionally, the blockchain asset manager Evolve Funds waived the management fee for their ETH fund, which stood ...

... wasn't just entrepreneurs who lost substantial sums in cryptocurrency; certain developers of electronic coins also suffered. For instance, Joseph Lubin, one of Ethereum's co-founders, lost billions. In January 2018, he held around 5 billion dollars in Ether, but as the price of cryptocurrency fell nearly tenfold, his wealth reduced to approximately 500 million. A similar fate befell fellow Ethereum co-founder Vitalik Buterin, whose fortune plummeted from 500 million to 50 million dollars. Mark Dow,...