Ethereum Soars Past Solana and XRP: Staking Surge Fuels Price Rally

Ethereum’s price has seen a significant surge, surpassing both Solana and XRP after a major influx of staking deposits. This surge represents a notable shift in investor confidence fueled by the increasing appeal of Ethereum’s staking ecosystem. 12% price increases were recorded over four days as $164 million was deposited into the network. This increase reflects lower circulating supply, making it less susceptible to sell-side pressure and further propelling its upward trajectory. The lack of official statements from key leaders suggests a focus on technical and market factors driving this recent boom. [Read more about Ethereum’s staking surge in full here: https://theccpress.com/ethereum-surges-past-solana-and-xrp-after-major-staking-deposits]