Ethereum (ETH) continues to ascend as Bitcoin’s market share decreases. Institutional interest and recent tech developments are contributing to a rebound in ETH prices.
Sharplink plans to invest 20 million USD into ETH, resulting in a 12% increase in associated stock prices. GameSquare is also raising 8 million USD for ETH, experiencing a 60% stock rise.
Phantom launched perpetual contracts (perps) via Hyperliquid, bolstering the overall market excitement, although challenges such as a notable 40 million USD vulnerability involving GMX persist.
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