$ETH is leading the altcoin charge with a 9.09% rally to $3,050, surpassing $3,000 for the first time since early November and outpacing BTC's gains amid broader Layer-2 and DeFi optimism. BitMine Immersion Technologies bolstered its ETH holdings by $70 million during the dip, now totaling 3.7 million tokens at an average cost of $3,008, while U.S. ETH spot ETFs saw minor outflows yesterday but benefit from Vanguard's new access for over 50 million clients. Network activity is buzzing with low gas fees at 0.04 Gwei, enabling scalable dApps, and on-chain data shows rising TVL in DeFi protocols sectors like PayFi and CeFi posted 8-10% gains, with standouts like OP (Optimism) and LINK surging on interoperability narratives. ETH's momentum could accelerate if ETF inflows mirror BTC's, but watch for resistance near $3,200, where profit-taking might cap the rally short-term.

ETH
ETHUSDT
2,942.02
-2.09%