ETHFI Price Soars 21%, Outpacing Altcoins Amidst Bullish Momentum

The cryptocurrency market is witnessing a surge of optimism, with prominent cryptocurrencies breaking above key resistance levels. Ether.fi (ETHFI), a liquid staking protocol on the Ethereum blockchain, has been significantly impacted by this bullish sentiment. The token’s price soared over 21%, reaching two-week highs and outpacing most other major altcoins like Ethereum (ETH) and Bitcoin (BTC). This performance can be attributed to the growing adoption of DeFi applications and significant institutional investment.