Ethereum (ETH) – $4,253.38 | +1.40% | Market Cap: $515.55B
Ethereum posted a solid +1.40% gain, lifting its market cap above $515 billion. ETH is benefitting from renewed momentum in DeFi and tokenization, as highlighted by Vitalik Buterin, who continues to emphasize scalability and staking growth post-Merge.
On the charts, ETH is testing resistance around $4,300. A sustained move above this level could open the door to $4,600–4,800, but rejection risks a pullback toward $3,950.
Strategic Reflection: ETH’s role in smart contracts cements its utility—long-term bullish, but short-term sensitive to resistance at $4,300.