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In the crypto world, is ETH finally making a comeback to take the number one spot as it rises above 4900?
As BTC hovers around the $110,000 ceiling, ETH suddenly breaks through $4,900 temporarily, reminiscent of a scene in a movie where the secondary character suddenly powers up: is it to usurp the throne or to deal the final blow?
Don't rush to conspiracy theories. There are several key logics behind ETH's breakthrough this time:
1. The status of DeFi as the king of chains is irreplaceable: stablecoins, DEX, derivatives, most still revolve around ETH.
2. L2 Explosion: Arbitrum, Optim
View OriginalIn the crypto world, is ETH finally making a comeback to take the number one spot as it rises above 4900?
As BTC hovers around the $110,000 ceiling, ETH suddenly breaks through $4,900 temporarily, reminiscent of a scene in a movie where the secondary character suddenly powers up: is it to usurp the throne or to deal the final blow?
Don't rush to conspiracy theories. There are several key logics behind ETH's breakthrough this time:
1. The status of DeFi as the king of chains is irreplaceable: stablecoins, DEX, derivatives, most still revolve around ETH.
2. L2 Explosion: Arbitrum, Optim