Ethereum Resumes Growth after Flash Crash, Eyes $5,500 Amidst SUBBD Presale Hype

Following a sharp 20.7% drop on October 10th, Ethereum prices have rebounded, climbing towards the $4,500 mark. This recovery reflects the resilience of the Ethereum network and its expanding application within Web3. Experts attribute this growth to the burgeoning DeFi sector and increasing institutional interest. The presale for SUBBD, a platform empowering content creators with AI-powered tools, is driving much of the recent surge.