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Event ends: August 9, 16:00 UTC
More details: https://www
#ETH冲击4800# #ETH# Ethereum definitely has a chance to challenge 4800. Currently, the overall sentiment in the Crypto Assets market is showing a positive upward trend, and investors are full of confidence in the long-term development prospects of ETH. At the same time, the attention and participation of Financial Institutions in the Crypto Assets market are continuously increasing, with more and more institutional investors beginning to include ETH in their asset allocation portfolios. The massive influx of institutional funds has injected strong Liquidity support into the ETH market, becoming an important driving force for its price pump.
As the preferred platform for decentralized application (DApp) development, the prosperity of its ecosystem directly determines the market demand for ETH. Currently, a large number of DApps covering various fields such as finance, gaming, and social networking are thriving on the Ethereum network. These DApps require the use of ETH as transaction fees and "fuel" for smart contract execution during their operation, thereby creating a stable and continuously growing demand for ETH. With the increasing number of DApps and the continuous expansion of user scale, the market value of ETH is expected to be further released.