Ethereum Surges Past $4,200 as Bitcoin Tops $115,000 in Broad Crypto Rally

SoSoValue data shows Ethereum and Bitcoin leading gains as DeFi and Layer2 tokens post double-digit increases in a strong market upswing.

BTC

ETH

UNI

216d ago

Summary

According to SoSoValue, all cryptocurrency sectors registered notable gains over the past 24 hours. Ethereum rose 6.11%, briefly surpassing $4,200, and Bitcoin gained 3.19% to trade above $115,000. The DeFi sector climbed 5.89%, with tokens such as UNI, ENA, and CRV advancing by double digits. Layer2 projects also saw a 5.81% rise, driven by B2's 21.36% surge.

Terms & Concepts

Layer2: Secondary frameworks or protocols built on top of a blockchain to improve scalability and transaction speed.
DeFi: Decentralized finance, a blockchain-based form of finance that does not rely on central financial intermediaries.
CeFi: Centralized finance, crypto-related financial services managed by centralized organizations.