Ethereum rising to 4950 is not just about the price of the coin; it's a huge benefit for the entire ecosystem.
The most direct impact is that everyone has more money! The assets locked in DeFi are now worth more, and NFTs are also rising in value. Moreover, with high coin prices, miners and stakers earn more, which makes the network more secure. Developers are also more willing to build projects because they can make money.
This creates a virtuous cycle of "when everyone benefits from the rise, everyone benefits even more." However, we must be cautious; if prices are too high, transaction fees become expensive, and ordinary people might not be able to afford it, plus an overheated market can easily lead to bubbles!!!
Continuously pay attention to the Ethereum ecosystem coins: $LDO $ENA $ONDO
