Ethereum Don Hit $4,880 ATH for GENIUS Act Clarity; $BEST Presale Dey Gain Traction
Ethereum jump 15% for one day reach new Ethereum ATH of $4,885, waka pass im 2021 high. Dis boost na im Trump GENIUS Act way dem clear stablecoin reserves and make dem dey disclose monthly, wey don make investors feel better as market dey gather round $4,700. Dis steady Ethereum ATH momentum dey show say big alt season fit show dis fall. Institutional investors hold over 2.3% of ETH supply now, with Bitmine leading wit 1.5M ETH.
Meanwhile, Best Wallet Token ($BEST) presale don raise over $15M at $0.0255 per token. $BEST support one non-custodial wallet wey dey aim for 40% market share by 2026, and e get less fees, governance rights, plus early presale access. Analysts talk say $BEST fit jump over 180% after launch, wey show say altcoin interest dey rise.
Bullish
By tok new Ethereum ATH wey dem achieve on top the GENIUS Act, dis news dey send beta signal. As regulators clear wetin stablecoin get, e reduce compliance wahala, e dey attract retail plus big institutions money, like how public entities hold 2.3% of ETH show. Before, similar things—like regulatory laws for 2020—spark DeFi and altcoin movement. For short time, traders fit buy when price knock $4,700, wey go make market dey shake and volume rise. For long term, clear stablecoin rules plus ongoing ETH momentum fit keep alt season dey active and push tokens like $BEST go higher.