Ether.fi's native token, ETHFI, has surged 25% in the past 24 hours, reaching an eight-month high of $1.79. This price rally aligns with Bitcoin surpassing $120,000 and Ethereum climbing to $4,500, contributing to broader altcoin gains. Trading volumes for Ether.fi have increased by 123%, exceeding $225 million.
The recent momentum is attributed to strategic developments, including Ether.fi's integration with FalconX and a new listing on Upbit. FalconX's support for eETH, a liquid Ethereum restaking token, provides institutional clients with over-the-counter liquidity access. Ether.fi's total value locked has now surpassed $11.26 billion, indicating strong market confidence.
Ether.fi Token Surges 25%, Reaches 8-Month High
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