Today, December 4, 2024, Ethereum saw a strong 6% increase in its value, climbing to $3,820.
Ethereum (ETH) is up 7.75% on the weekly chart and has a 24-hour trading volume of around $44 billion, boosting its market capitalization to around $450 billion.
Ethereum’s circulating supply currently stands at 120.44 million coins, and its market dominance now sits at 12.89%.
Binance Coin (BNB) also experienced a notable rise of 23.57%, reach a new all-time high at $775.
With a market cap of $111.56 billion and a 24-hour trading volume of $6.28 billion, BNB’s circulating supply is 144.01 million coins.
The other altcoin that experienced a major price surge today is Justin Sun’s Tron (TRX). The cryptocurrency is up almost 50% in the past 24 hours and 76% since last week, currently trading at $0.355.
Once seen as a sluggish performer compared to major altcoins, XRP is now drawing attention for its impressive comeback.
Recent trading data shows a clear tilt toward optimism among Binance users when it comes to XRP.
The U.S. Securities and Exchange Commission (SEC) is taking additional time to evaluate a proposal that would allow Grayscale to integrate Ethereum staking into its spot ETF offerings.
Canada is once again taking the global lead in crypto innovation—this time with Solana.