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December 9, 2024

Ethereum (ETH) Breaks Past $4,000 as Weekly Transactions Hit $17.15 Billion

Ethereum has experienced a surge in momentum, breaking past the $4,000 mark, reaching an impressive price of $4,096. This increase follows a significant 300% rise in weekly transaction volume, which has now hit $17.15 billion. Data indicates that Ethereum faces minimal resistance to its previous all-time high of $4,878. The growing transaction activity reflects strong market centralization and bullish sentiment amongst traders. As Ethereum continues to solidify its standing in the cryptocurrency landscape, stakeholders are eager to see how the asset will navigate the road ahead and whether it can surpass its former heights.

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