10x Research: Ethereum has risen by about 12% over the past 30 days, recording gains for nine consecutive days.
Foresight News reports that 10x Research tweeted, "Ethereum has risen about 12% in the past 30 days, marking nine consecutive days of gains. After hitting a low of around $1,565 at the end of June, it climbed back above $1,900 yesterday. Although it remains far below the January high of around $3,355, this rally is relatively steady. The ETH ETF has recorded a new round of net inflows, and corporate treasury holdings have expanded. Major financial institutions are increasing tokenized assets and custom chain deployments on Ethereum. The staking ratio has reached a new high, further tightening circulating supply. L2 migration has reduced base Gas fees, which has slowed the pace of fee burning. Core developers have advanced testing for the Glamsterdam protocol upgrade on the testnet."
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