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Ethereum (ETH) Climbs Past $3,000 But This DeFi Coin Just 20% Away From a 20% Price Jump to $0.035
The cryptocurrency market has been on an upward trajectory in recent times, with Ethereum (ETH) reaching new heights by climbing past the $3,000 mark. This sudden surge in value has sparked renewed interest in decentralized finance (DeFi) projects that are building innovative functionality atop this base layer. Amidst this backdrop, one DeFi coin stands out as a promising opportunity: Mutuum Finance (MUTM).
While Ethereum’s price rally is certainly noteworthy, it is not the only story in town. The real action is happening elsewhere, particularly with projects like Mutuum Finance that are disrupting the status quo and redefining lending mechanics. This innovative DeFi project has piqued the attention of traders and users alike, all while boasting a presale price increase just 20% away.
The sheer excitement surrounding Ethereum’s (ETH) $3,000 milestone is not without precedent. In the past, whenever ETH breaks significant resistance levels, it tends to draw in capital that finds its way into emerging DeFi projects. With this influx of funds flowing toward novel opportunities, Mutuum Finance (MUTM) has emerged as a top contender in this space.
ETH’s recent 17.9% weekly gain, which brought the price to $3,052.91 by July 17, 2025, was fueled primarily by $6.1 billion in U.S. spot ETF inflows and BlackRock’s ETHA holding an impressive 2 million ETH. The success of Pectra upgrade’s testnet has boosted DeFi TVL to a staggering $64 billion. Furthermore, the addition of whale staking with daily trading volume reaching $37.25 billion – a 35% increase from previous figures.
In tandem with this price growth, a bullish pennant breakout is signaling a $3,300 target; however, it’s possible that we might see a temporary correction down to $2,900 before the upward trajectory resumes. The rise in ETH’s value has sparked DeFi token enthusiasm, potentially leading to significant gains for tokens like UNI (up 6%) and AAVE (5%). Meanwhile, Solana’s (SOL) modest increases can be attributed to its own developments.
Source: coinpedia.org
