JUST IN: Ethereum reaches $3,400 (P190K).
Ethereum has its sights set on the $4,000 level (P225K).
The top crypto has positive developments driving its strong price performance.
Corporations like Sharplink (SBET) and BitMine (Tom Lee) have been acquiring the asset as part of a treasury strategy. Meanwhile, favorable regulation towards DeFi, staking and stablecoins adds to the momentum.
ETH remains the top blockchain and rails for most of the DeFi industry.