🚀 $ETH Breaks $4,500, $SOL SOL Climbs to $190 — Altcoins Take the Lead
Ethereum surged past $4,500 on Tuesday, narrowing the gap to its historic peak of $4,878 set in late 2021. The rally is backed by aggressive treasury accumulation and booming ETF demand. BitMine, already the largest ETH holder, expanded its equity raise to $24.5B to deepen its position—now holding 1.15 million ETH valued around $5B.
Ethereum ETFs are seeing explosive growth, adding $5B in market cap over the past month. Monday alone saw $1B in net inflows, marking a new daily record and signaling strong institutional appetite.
Solana also made headlines, reaching $190 and briefly hitting $191 on OKX. The move followed Upexi’s announcement of Arthur Hayes joining its Solana advisory board. With 1.9M SOL in its treasury, Upexi is reinforcing its strategic focus. Derivatives markets responded fast—futures open interest topped $10B, and options activity surged nearly 28%.
While Bitcoin $BTC eased to ~$119K, ETH and SOL are clearly driving the market narrative.
