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Analysis: Increase in ETH Collateral and Regulatory Support for Liquidity Collateral Drive ETH Price Surge
Summary: Due to the increase in ETH collateral and regulatory support for liquidity collateral, Ethereum network transaction volume has reached a historic high. The U.S. Securities and Exchange Commission clarified that certain liquidity collateral activities are not securities, sparking institutional interest. Driven by corporate collateral and treasury holdings, Ethereum price has surged 163% since April. Earlier ...
Due to the increase in ETH collateral and regulatory support for liquidity collateral, Ethereum network transaction volume has reached a historic high. The U.S. Securities and Exchange Commission clarified that certain liquidity collateral activities are not securities, sparking institutional interest. Driven by corporate collateral and treasury holdings, Ethereum price has surged 163% since April. Earlier this week, the seven-day average daily transaction volume on the blockchain reached 1.74 million, surpassing the previous historic high of 1.65 million set on May 12, 2021.
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Link: Analysis: Increase in ETH Collateral and Regulatory Support for Liquidity Collateral Drive ETH Price Surge [Copy]
