Ethereum ecosystem tokens extended gains as ETH hit a record high, with several staking and Layer-2 assets posting double-digit increases in 24 hours.
On August 23, Ethereum reached a new all-time high, prompting broad gains across related tokens. ETHFI led with a 22% jump to $1.295, followed by Ethereum Classic up 20% to $25.00, Ethena gaining 19% to $0.7365, and SSV rising 25% in 24 hours. Lido DAO climbed 21% to $1.464, Arbitrum advanced 17% to $0.5755, AAVE gained 14%, Ethereum Name Service increased 14% to $27.84, and EigenLayer rose 16% to $1.493. U.S.-listed Ethereum reserve-related equities also rallied, with SharpLink Gaming up 15.21%, Bitmine Immersion Technologies increasing 15.28%, GameSquare rising 5.75%, Bit Digital up 5.51%, and Coinbase gaining 6.88%. The synchronized rise in cryptocurrencies and equities underscores robust investor appetite for ETH-linked assets.