#Ethereum (ETH), the world’s second-largest cryptocurrency, topped CoinMarketCap’s trending list on Wednesday (May 28), rising 2.69% to $2,640 in the past 24 hours. On-chain platform CryptoQuant reported that Ethereum’s open interest hit a new all-time high of $19.1 billion, reflecting a surge in derivative market activity. Additionally, SharpLink Gaming announced a $425 million private equity deal to launch an Ether treasury and appointed Ethereum co-founder Joseph Lubin as chairman of the board, further boosting market sentiment.
