Ethereum Ethreum goes to $ 3,000 as Flow ETF, the story of the story of tokenization is gathered

The ether of Ethereum (ETH) jumped Thursday until its strongest price in more than four months while Bitcoin (BTC) broke new records.

The second largest cryptocurrency by market capitalization reached just under $ 3,000, earning 6.7% in the last 24 hours.

Although the ETH has considerably underperformed during this cycle and has not reached new levels of record unlike BTC or Solana (soil), the story has recently started to move around the token.

“ETH has taken the lead from the price dynamics, by removing recent stockings in the middle of a collection in the activity of derivatives and the growing enthusiasm around its broader role in regulation and tokenization infrastructure,” said Joel Kruger, market strategist at Lmax Group.

The FNB Spot classified in the United States also experienced high demand, reserving more than $ 500 million in up-to-date months.

Meanwhile, the Crypto-Tresor business strategy has also extended beyond Bitcoin à ETH, with public companies such as Sharplink Gaming and Bitmin Immersion Technology adding the asset to their balance sheet.

“In less than a month, public companies will have bought enough ETH to compensate for the whole ETH that has been created since the merger,” said the first Pentoshi cryptography investor in an X post earlier this week. “It’s 1/9 of BTC’s market capitalization, and takes much less capital to move. This capital is clearly coming.”

Read more: Bitcoin broke the Fresh Record of $ 116,000

• The Coindesk market analysis model shows that ETH had an explosive rally in the 60 -minute interval between 8:58 pm UTC at 21:57, from 6% from $ 2,819.07 to $ 2,996.85.

• The rally occurred in three phases: preliminary consolidation of approximately $ 2,824 at 21:15, succeeded a phase rupture acceleration by resistance thresholds at $ 2845, $ 2,870 and $ 2,920, and culminating in a final advance of $ 2,993.

• The fundamental support levels were established at $ 2,756.18 and $ 2,761.11 throughout the negotiation session.

• Robust resistance with high volume consolidated around the threshold of $ 2,993.34.