Ethereum Surpasses $4,880, Solana Reaches New High, XRP Soars in Crypto Market

Ethereum has reached a new all-time high of $4,880 Friday, fueled by a 14.4% daily gain. This move comes amidst growing interest from DeFi and institutional investors. Meanwhile, Solana soared past the $200 mark for the first time in eight months, while XRP jumped to third place in market value. The surge at the top of the crypto market was driven in part by new signals from the U.S. Federal Reserve, including hints of a potential rate cut and market reaction to an ETH-heavy stock offering spearheaded by Peter Thiel.