Ethereum’s Rise Sets Off Altcoin Rally

Ethereum is rapidly approaching its all-time high, generating significant momentum across the cryptocurrency market. This surge in ETH prices is driving substantial gains for Ethereum-based tokens like Lido DAO (LDO), Ethena (ENA), and Chainlink (LINK). Investors are shifting funds from one asset to another, leading to a notable increase in altcoin trading activity. The rise of Ethereum often sets the stage for broader altcoin performance, with its price movements potentially influencing the confidence of investors across the sector.