• bitcoinBitcoin (BTC) $ 117,528.00
  • ethereumEthereum (ETH) $ 3,129.70
  • xrpXRP (XRP) $ 2.91
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 689.04
  • solanaSolana (SOL) $ 163.86
  • usd-coinUSDC (USDC) $ 0.999843
  • dogecoinDogecoin (DOGE) $ 0.198764
  • staked-etherLido Staked Ether (STETH) $ 3,126.60
  • tronTRON (TRX) $ 0.300111
  • cardanoCardano (ADA) $ 0.744537
  • hyperliquidHyperliquid (HYPE) $ 48.15
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 117,359.00
  • suiSui (SUI) $ 4.08
  • stellarStellar (XLM) $ 0.449318
  • wrapped-stethWrapped stETH (WSTETH) $ 3,777.18
  • chainlinkChainlink (LINK) $ 16.03
  • bitcoin-cashBitcoin Cash (BCH) $ 497.23
  • hedera-hashgraphHedera (HBAR) $ 0.230813
  • avalanche-2Avalanche (AVAX) $ 22.41
  • wrapped-eethWrapped eETH (WEETH) $ 3,354.20
  • leo-tokenLEO Token (LEO) $ 8.83
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • the-open-networkToncoin (TON) $ 3.10
  • wethWETH (WETH) $ 3,130.08
  • litecoinLitecoin (LTC) $ 96.05
  • usdsUSDS (USDS) $ 0.999630
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 44.35
  • polkadotPolkadot (DOT) $ 4.07
  • moneroMonero (XMR) $ 334.50
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 117,592.00
  • uniswapUniswap (UNI) $ 9.38
  • pepePepe (PEPE) $ 0.000013
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.54
  • aaveAave (AAVE) $ 326.54
  • bittensorBittensor (TAO) $ 436.85
  • daiDai (DAI) $ 1.00
  • pi-networkPi Network (PI) $ 0.447017
  • crypto-com-chainCronos (CRO) $ 0.107736
  • aptosAptos (APT) $ 5.09
  • nearNEAR Protocol (NEAR) $ 2.66
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • internet-computerInternet Computer (ICP) $ 5.59
  • ondo-financeOndo (ONDO) $ 0.935272
  • ethereum-classicEthereum Classic (ETC) $ 19.00
  • okbOKB (OKB) $ 47.71
  • jito-staked-solJito Staked SOL (JITOSOL) $ 199.69
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • algorandAlgorand (ALGO) $ 0.282821
  • pump-funPump.fun (PUMP) $ 0.006762
  • mantleMantle (MNT) $ 0.711710
  • bonkBonk (BONK) $ 0.000030
  • kaspaKaspa (KAS) $ 0.087613
  • ethenaEthena (ENA) $ 0.358062
  • usd1-wlfiUSD1 (USD1) $ 0.999921
  • sei-networkSei (SEI) $ 0.378369
  • vechainVeChain (VET) $ 0.025129
  • arbitrumArbitrum (ARB) $ 0.433687
  • cosmosCosmos Hub (ATOM) $ 4.66
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.232256
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.032627
  • render-tokenRender (RENDER) $ 3.91
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.744294
  • fasttokenFasttoken (FTN) $ 4.51
  • susdssUSDS (SUSDS) $ 1.06
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,132.87
  • official-trumpOfficial Trump (TRUMP) $ 9.48
  • worldcoin-wldWorldcoin (WLD) $ 1.08
  • gatechain-tokenGate (GT) $ 15.56
  • filecoinFilecoin (FIL) $ 2.64
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 117,507.00
  • skySky (SKY) $ 0.078259
  • binance-staked-solBinance Staked SOL (BNSOL) $ 173.94
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.77
  • jupiter-exchange-solanaJupiter (JUP) $ 0.513587
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,282.04
  • kucoin-sharesKuCoin (KCS) $ 11.59
  • spx6900SPX6900 (SPX) $ 1.59
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,567.04
  • usdtbUSDtb (USDTB) $ 0.999705
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.996157
  • celestiaCelestia (TIA) $ 1.97
  • usdt0USDT0 (USDT0) $ 0.998630
  • nexoNEXO (NEXO) $ 1.32
  • injective-protocolInjective (INJ) $ 13.44
  • story-2Story (IP) $ 4.43
  • blockstackStacks (STX) $ 0.805832
  • fartcoinFartcoin (FARTCOIN) $ 1.24
  • optimismOptimism (OP) $ 0.700988
  • xdce-crowd-saleXDC Network (XDC) $ 0.075470
  • flare-networksFlare (FLR) $ 0.017446
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,289.91
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,341.50
  • sonic-3Sonic (S) $ 0.357108
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 117,530.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999814
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.68
  • dogwifcoindogwifhat (WIF) $ 1.08
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,290.77
  • curve-dao-tokenCurve DAO (CRV) $ 0.753308
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,386.64
  • immutable-xImmutable (IMX) $ 0.542154
  • the-graphThe Graph (GRT) $ 0.103178
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • flokiFLOKI (FLOKI) $ 0.000101
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 117,514.00
  • pax-goldPAX Gold (PAXG) $ 3,337.57
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • clbtcclBTC (CLBTC) $ 118,566.00
  • wbnbWrapped BNB (WBNB) $ 689.89
  • kaiaKaia (KAIA) $ 0.153397
  • vaultaVaulta (A) $ 0.554478
  • iotaIOTA (IOTA) $ 0.223363
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 184.24
  • paypal-usdPayPal USD (PYUSD) $ 0.999571
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.44
  • theta-tokenTheta Network (THETA) $ 0.834029
  • tether-goldTether Gold (XAUT) $ 3,327.42
  • msolMarinade Staked SOL (MSOL) $ 214.70
  • lido-daoLido DAO (LDO) $ 0.901880
  • galaGALA (GALA) $ 0.017757
  • jasmycoinJasmyCoin (JASMY) $ 0.016654
  • ethereum-name-serviceEthereum Name Service (ENS) $ 24.06
  • raydiumRaydium (RAY) $ 2.91
  • the-sandboxThe Sandbox (SAND) $ 0.313409
  • tokenize-xchangeTokenize Xchange (TKX) $ 8.83
  • aerodrome-financeAerodrome Finance (AERO) $ 0.848886
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.75
  • pyth-networkPyth Network (PYTH) $ 0.123441
  • zcashZcash (ZEC) $ 43.87
  • ousgOUSG (OUSG) $ 111.81
  • saros-financeSaros (SAROS) $ 0.265236
  • tezosTezos (XTZ) $ 0.650898
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,349.08
  • memecoreMemeCore (M) $ 0.415665
  • super-oethSuper OETH (SUPEROETH) $ 3,124.84
  • bittorrentBitTorrent (BTT) $ 0.00000069
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998105
  • jito-governance-tokenJito (JTO) $ 1.89
  • pendlePendle (PENDLE) $ 4.06
  • morphoMorpho (MORPHO) $ 2.05
  • falcon-financeFalcon USD (USDF) $ 0.999861
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,257.50
  • walrus-2Walrus (WAL) $ 0.471657
  • mog-coinMog Coin (MOG) $ 0.000002
  • chain-2Onyxcoin (XCN) $ 0.018724
  • flowFlow (FLOW) $ 0.400932
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • tbtctBTC (TBTC) $ 116,677.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,132.05
  • decentralandDecentraland (MANA) $ 0.315817
  • telcoinTelcoin (TEL) $ 0.006337
  • newton-projectAB (AB) $ 0.008685
  • usual-usdUsual USD (USD0) $ 0.997871
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 117,079.00
  • heliumHelium (HNT) $ 3.12
  • based-brettBrett (BRETT) $ 0.057176
  • wrapped-hypeWrapped HYPE (WHYPE) $ 48.10
  • coredaoorgCore (CORE) $ 0.551662
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 117,733.00
  • thorchainTHORChain (RUNE) $ 1.56
  • bitcoin-svBitcoin SV (BSV) $ 26.81
  • staked-hypeStaked HYPE (STHYPE) $ 47.96
  • apecoinApeCoin (APE) $ 0.666437
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,130.69
  • conflux-tokenConflux (CFX) $ 0.103179
  • starknetStarknet (STRK) $ 0.146127
  • ripple-usdRipple USD (RLUSD) $ 0.999665
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.198741
  • build-onBUILDon (B) $ 0.499653
  • usddUSDD (USDD) $ 1.00
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  • arweaveArweave (AR) $ 7.50
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  • syrupMaple Finance (SYRUP) $ 0.456457
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008292
  • stader-ethxStader ETHx (ETHX) $ 3,326.67
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  • ether-fiEther.fi (ETHFI) $ 1.22
  • compound-governance-tokenCompound (COMP) $ 49.19
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  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,456.08
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.43
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  • swethSwell Ethereum (SWETH) $ 3,428.05
  • hashnote-usycCircle USYC (USYC) $ 1.09

Ether Hits $4,000 as Coinbase Premium and Ethereum Active Addresses Surge

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Ether Hits $4,000 as Coinbase Premium and Ethereum Active Addresses Surge

The price of Ethereum’s ether (ETH) broke above the $4,000 mark on Friday for the first time since March.

The second-largest cryptocurrency is up 2.4% in the last 24 hours and 8.4% in the last seven days, outperforming bitcoin (BTC) in both timeframes. The move comes as spot ether exchange-traded funds saw record inflows on Thursday.

As of writing, ether is trading for $4,033, just 2% away from setting a fresh 2024 high. It’s also a mere 20% away from its all-time high of $4,868. The ETH/BTC ratio, which has been getting hammered since September 2022, has reached 0.04 again — a level that marked a brief top for ether in relation to bitcoin on Nov. 10.

The Coinbase premium on ether also continues to expand — meaning that ether is trading for a higher price on the exchange than on the most liquid crypto exchange, Binance. Coinbase premiums are generally seen as a sign of demand among U.S. institutional investors as well as retail participants. TradingView data shows a slight increase in ether’s price on Coinbase relative to Binance, suggesting the market is driven by activity from the U.S,., which coincided with the U.S. market opening around an hour ago.

ETHUSD – ETHUSDT (TradingView)

That’s not all. Glassnode data shows that active addresses on Ethereum have shot up on a 7-day moving average from 368,000 to 523,000 from Sept. 24 to Dec. 5, indicating an expansion of on-chain activity, which in turn ends up benefitting ether by constraining its the token’s supply through the “burn” mechanism.

ETH: Active Addresses (Glassnode)

Meanwhile, the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization excluding memecoins, stablecoins and exchange coins — is down 1.4%, with its worst performers consisting of stellar (XLM) and litecoin (LTC), which have dropped 3.1% and 5% respectively in the last 24 hours. Uniswap (UNI) and render token (RDNR), however, are up 11.7% and 6.4% in the same period of time.

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