The recent collapse of meme coins in the Solana ecosystem has caused Ethereum's price to prepare for a significant upward movement. While the broader market is consolidating, Ethereum has gained momentum and is currently trading at $2,761 with a market cap of $330 billion, up 1.8%. Market analysts predict that as the hype around Solana meme coins diminishes, utility tokens on the Ethereum network will become more popular.



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