The price of Ethereum (ETH) reached $3,500, its highest level in four months, on Monday. Ethereum has seen a 3.6% increase in the past 24 hours and an 11.4% increase in the past week, outperforming other top cryptocurrencies like Bitcoin and Solana. The rally has also resulted in the liquidation of $24.6 million worth of Ethereum shorts. In addition, Ethereum exchange-traded funds (ETFs) received $91.3 million in inflows after several days of outflows. Meanwhile, the Trump family has launched an Ethereum-based crypto project called World Liberty Financial, which includes plans to issue a stablecoin pegged to the U.S. dollar. Despite the recent gains, Ethereum is still 28.4% below its all-time high.



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