Ethereum of crypto investors on Friday $4,738.36 It is seen that some digital assets, especially Lido (LDO) and Ethena (ENA), provide 14 percent and 15 percent value gain. After the last week of intensive sales pressure, this splash is said to be effective in market sensitivity. According to experts, such rapid sensitivity changes are often interpreted as a purchase signal for investors.
Protocols rose after the SEC statement
Lido and Ethena’s strong rise, the US Securities and Stock Exchange Commission (SEC) for the liquid stinging protocols accelerated after the current statement. SEC, these protocols are not considered as securities. This development in the market has led to comments that SEC’s statements are positively perceived for Ethereum ecosystem, which is based on the return of the stinging mechanism.
This statement triggered the recovery of prices by showing that liquid stinging applications were partially purified from regulation concern. In addition, the disappearance of this uncertainty is considered as a trust -enhancing development for the decentralized finance (defi) sector and especially Ethereum -based protocols.
The interest of institutions is increasing
After the SEC statement, the market became more transparent after the announcement of the interest of corporate investors in the market said. The fact that Figment, which stands out in the sector, started to superiority in the field of liquid stinging against its competitors, points out that experts have the impression that “corporate funds enter the sector”.
According to crypto data providers, ENA transaction volume doubled in the last 24 hours and rose to $ 1 billion. Similarly, the transaction volume of the LDO token increased by 83 percent to 256 million dollars. Experts say that this increase in volume is concentrated in a short time and offers a positive picture for the Altcoin market.
Market dynamics and future risks
Bitcoin $115,780.02 And it is stated that Ether is positively reflected in the general Altcoin market. Nevertheless, the high interest in the Ether Stinging system continues to accumulate about 825,580 ETH (about 3.8 billion dollars) on the confirmatory tail. It is pointed out that this accumulation can create a potential fluctuation in the market.
According to analyzes, if these ether ether’s assets are withdrawn from Stake, two basic scenarios may arise. These Ether may be the subject of profit sales in the market or can be moved to other platforms that offer higher return. Experts, “a large amount of Ether’s sale in the market, the rising price trend can take a break,” the opinion of the opinion.
It is seen that the rise in the recent days has come with the effect of regulation clarity and the effect of institutional interest, and at the same time the uncertainties in the Ethereum ecosystem decreased. However, it is stated that potential sales pressure and stinging dynamics in Ether tokens may affect the price course in the coming period.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.