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Ethereum’s price has surged by 100% since April 7th, hitting a high of $2743, after a bullish technical indicator emerged. This news of upward movement, supported by institutional inflows and heightened accumulation by large investors, reflects growing confidence in the second-largest cryptocurrency.
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Notably, Ethereum-focused investment products attracted $149 million in net inflows last week, outpacing Bitcoin during the same period. This surge suggests that Ethereum is not only driving market momentum but also creating opportunities for other cryptocurrencies to gain traction.
As optimism grows, investors are evaluating the best crypto to buy now—projects positioned to benefit from Ethereum’s momentum and align with broader positive market trends.
Ethereum’s Price Explodes 97%, Hits $2,743 – Here’s What’s Next
Ethereum has gone into full rocket mode, skyrocketing from $1,388 to $2,743 in just 34 days—levels we haven’t seen since the crypto hype cycle of 2022. What’s driving the frenzy?
Three key factors: ETF mania, whale wars, and a tech glow-up. Investors are banking on the SEC approving Ethereum ETFs, following in Bitcoin’s footsteps earlier this year.
“This isn’t hopium,” argues Linda Lin, a trader and crypto industry expert. “The Bitcoin ETF approval was just a trial run. Ethereum is next.” And the whales seem to agree—over $4 billion worth of ETH flooded exchanges this week, signaling that big players are doubling down.
But wait, there’s more. Ethereum’s “Dencun” upgrade finally tackled its Achilles’ heel: sky-high gas fees. Now, transactions are cheaper and faster—a win for DeFi nerds and NFT artists tired of paying $50 to mint a cat meme.
Trading volumes spiked 150%, with more than 4,000 transactions happening every minute. “Ethereum’s new tech is no meme,” says Lin. “Strap in.”
Hold your horses, though. The SEC could still slam the brakes on ETFs, and let’s not forget Ethereum’s tendency to nosedive when everyone starts feeling too smug. “This rally is built on hype and hopium.”
One regulatory tweet, and we could lose all the momentum.” On top of that, profit-hungry traders might cash out at the first sign of a spike, triggering a flash crash.
Bottom line? Ethereum’s tech upgrades and ETF dreams make it a crypto darling, but this market’s crazier than a TikTok trend cycle. As investor Mark put it: “Enjoy the ride, but don’t mortgage your house for ETH.”
Best Crypto To Buy Now
When a major player explodes nearly 100% overnight, the tides don’t just shift —they roar. In the wake of Ethereum’s blistering rally, the best token to buy now is capitalizing on the momentum. These aren’t just passengers; they’re the next potential drivers of the bull run.
Ethereum
Ethereum’s 97% surge shows the network’s growing dominance is rewriting the playbook for Layer 1s, and with market confidence roaring back, Ethereum is setting the tone for what comes next in crypto.
Bitcoin is groundbreaking, but it has its limitations as a simple form of money that can be sent across the globe. Vitalik Buterin, however, had a grander vision—he wanted to create sophisticated, programmable money.
To bring his vision to life, Vitalik proposed his ideas and raised 31,000 BTCs in 2014, roughly equivalent to $18 million at the time.
Ethereum has since redefined the concept of cryptocurrency, expanding beyond just digital currency to include smart contracts, decentralized apps (dApps), and NFTs.
Ethereum succeeded in revolutionizing the traditional financial system by transitioning to the energy-efficient Proof of Stake model. With continuous innovation, it remains at the forefront of the Web3 revolution.
In technical terms, it is currently trading at around $2497, with a market cap of $301.51 billion, securing its position in 2nd place. It has shown a 0.14% growth in the past 24 hours, suggesting that the saturation point is still far off, creating an opportunity for potential buyers to capitalize on upcoming opportunities.
Today, Ethereum boasts a massive ecosystem, supporting applications in finance, art, gaming, identity, and governance.
MIND Of Pepe
When the majors move, the memes follow—but MIND of Pepe isn’t just riding coattails. It’s weaving wit with wild momentum, drawing in a new crowd hungry for culture, community, and moonshot potential in a market that suddenly feels alive again.
MIND, the newly launched AI agent, has been causing a stir by combining the iconic Pepe memes with cutting-edge intelligence.
MIND dives deep into massive blocks of blockchain data, tracks wallet movements, and uncovers the most promising projects long before they hit the mainstream.
But it doesn’t stop there—MIND not only spot trends on platforms like X (formerly Twitter) or Reddit; but also detects sudden spikes in wallet activity, instantly alerting MIND holders on Telegram.
According to one of the famous crypto YouTubers, 99Bitcoins, MIND is expected to give 5,000% returns to its users.
And that’s not all. MIND goes beyond just being smart—it can jump into conversations, post memes, and use crypto slang, blending expertise with entertainment to create a truly transformative experience.
Solaxy
With Ethereum’s rally lighting up the charts, Solaxy has also gained massive attention from those seeking an asset that can leverage Ethereum’s technology while incorporating Solana’s core attributes.
Destined to become one of Solana’s biggest gainers, Solaxy has been making waves in the crypto world. With its presale surpassing three milestones—$35M, $36M, and $37M—all within just four days, its momentum is undeniable.
Introduced as the savior of Solana, which has struggled with congestion and transaction delays, Solaxy is now taking things to the next level with its innovative roll-up technology. This tech makes the network cheaper, faster, and more reliable.
While Solana’s major demand has often come from meme coin trading, Solaxy enhances scalability, pushing it to new heights and making trading even smoother and more efficient.
But don’t be fooled—while Solaxy isn’t the first project scaling Solana, it’s the first to offer Layer 1 settlement, a game-changing feature that sets it apart.
SUBBD
The crypto space is one where both speculation and utility matter to the winners, and SUBBD is carving out a niche that speaks to both. As Ethereum fires up risk appetite, this utility-centric cryptocurrency project is stirring up a storm within the content creation ecosystem.
A utility token powered by cutting-edge AI, SUBBD is bridging the gap between content creators and their fans.
Set to surpass the $400K mark in its presale, SUBBD is equipping users with powerful AI tools that make audience engagement easier and more meaningful.
The platform aims to attract top content creators, boosting its presence by offering exclusive behind-the-scenes access, special discounts, and eliminating middlemen.
In terms of reliability and transparency, SUBBD has proven itself, having been audited by leading and trusted firms like Coinsult and Solidproof.
Conclusion
Ethereum’s 97% price rise to $2,743 highlights notable momentum in the crypto market. This growth reflects broader confidence in Ethereum’s utility and DeFi adoption rather than short-term speculation.
As institutions and retail investors increasingly prioritize Ethereum, its progress may shape trends across the ecosystem. In this climate, investors are assessing the best crypto to buy now—projects aligned with Ethereum’s trajectory and sustainable market optimism.
This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.
Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token.
His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.