
Ethereum’s on-chain metrics have turned bullish, and the rally is not done yet as whales accumulate RTX, UNI.
The fact that Ethereum’s price is growing towards a bull run that could see it soar above $3000 isn’t just a headline. Market observers are confident that this will be a catalyst.
According to Ethereum price history, its rallies often have a ripple effect on the entire altcoin ecosystem, especially ERC20 tokens such as UNI and RTX. These projects built on Ethereum’s blockchain platform often benefit from this run. This reality also builds a feedback loop that drives more demand for the ETH token.
While this momentum revs up, whales are accumulating these tokens, Uniswap (UNI) and Remittix (RTX). They believe they stand out and have carved distinct paths in the DeFi and payments space.
In conclusion
Source: kanalcoin.com