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Ethereum adds over $25 billion in 24 hours, as the price of ETH surpasses $1,500

Ethereum (ETH) saw over $25 billion flood into its market capitalization in less than 24 hours, rising from $164.42 billion on October 25 to $185.06 billion on October 26.

For the first time in weeks, the cryptocurrency market saw positive growth, with a market cap value increase of more than $60 billion in the last 24 hours.

According to statistics from CoinMarketCap, Ethereum (ETH) saw over $25 billion flood into its market capitalization in less than 24 hours, rising from $164.42 billion on October 25 to $185.06 billion on October 26.

Furthermore, the decentralized finance (DeFi) coin rose from $1,347 to $1,517, breaking above the critical $1,500 price threshold, up 14.58% on the day and 16.65% over the previous week.

ETH/USDT | TradingView

Ethereum is also the most trending cryptocurrency on the CoinMarketCap platform as a result of its recent surge,

According to CoinMarketCap, Ethereum is currently trading at $1,531.98 with a 24-hour trading volume of $38,618,200,432.

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Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.