Ether-related stocks experienced a significant surge as the cryptocurrency market rebounded following a major deleveraging event earlier this month. EthZilla (ETHZ) saw a 12.35% increase, reaching $10.80, while BitMine climbed 10.26% to $32.40, marking a remarkable 650% gain since late June. Thumzup Media Corp (TZUP) led the crypto stock performance with a 13.25% rise.
Other notable performers included GD Culture Group (GDC), which rose 11.4%, Solana-related HSDT up 9.36%, and Sui Group Holdings (SUIG) increasing by 7.7%. MicroStrategy (MSTR) also saw a 5.78% rise, hitting $188. BitMine continued its investment in Ethereum, purchasing 18,345 ETH valued at $55 million. Meanwhile, Ethereum prices reached a five-day high of $3,060 on Wednesday.
Ether-Related Stocks Rally Amid Crypto Market Recovery
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