Encouraging rise in Ethereum: These 5 altcoins rallied!

Which projects stood out more as the Ethereum altcoin market turned green, based on the 3600-dollar Ethereum?

Ethereum, which has strengthened against Bitcoin, accelerated its rise by breaking the $3500 mark. During this process, there were sharp increases in Layer-2 projects. ETH, which made altcoin investors happy, is currently aiming for $4000. So, which altcoins have experienced the most growth in the last 24 hours?

1- Ethereum Name Services (ENS)

Following Ethereum’s surpassing of $3500, ENS accelerated and recorded a 32% increase in the last 24 hours. ENS quickly adapted to the positive outlook in ETH, bringing smiles to its investors. If the upward trend in Ethereum continues, ENS may target higher levels.

2- Ethena (ENA)

Another Layer-2 project, ENA, which has risen due to the Ethereum effect, experienced a 17% increase in the last 24 hours. After a long time, the sharply rising ENA once again demonstrated the importance of Ethereum. With ETH breaking $4000, ENA’s upward momentum may accelerate.

3- Pyth Network (PYTH)

PYTH, one of the popular altcoins on the Solana network, has shown a 12% performance in the last 24 hours. After surpassing the $0.40 resistance, PYTH reached $0.48, and the $0.50 range can be followed as a short-term target.

4- Render (RENDER)

RENDER, one of the popular names in artificial intelligence projects, has increased by 9% in the last 24 hours. RENDER, which has finally exceeded $8, has given positive signals for both parity and artificial intelligence trends.

5- Beam (BEAM)

BEAM, seen as one of the potential altcoins for the upcoming bull season, has risen by 7% in the last 24 hours. BEAM, which also stands strong in BTC downturns, continues to inspire confidence in its investors.

This article does not contain investment advice or recommendation. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.