In recent days, the Ethereum market has shown signs of recovery, with rising prices and increased whale activity. Meanwhile, Ethereum-based tokens like PEPE are also observing positive changes.
Ethereum Price Surge and Market Impact
The price of Ethereum is gearing up to hit the $3,000 mark, which may signify a broader breakout for the entire ecosystem. Recent data indicates that Ethereum's supply on major exchanges has dropped to a 10-year low, signaling confidence among large investors. Over 1 million ETH was removed from exchanges in the last month, and BlackRock manages over $2.9 billion in Ethereum assets.
PEPE Activity: The Return of Major Holders
Recently, the PEPE market has seen significant growth thanks to the activity of major holders. One such holder emerged after a two-year dormancy by withdrawing over 2.2 trillion PEPE tokens from Binance, indicating a shift toward long-term accumulation. As a result, PEPE's price increased by 72% over the last month.
Remittix: A New Platform for Crypto Payments
Remittix is a new platform aimed at simplifying cryptocurrency payments, allowing users to send money from one account to another with minimal effort. The platform utilizes Ethereum's smart contracts and local payment networks to ensure swift crypto-to-fiat conversions. This solution opens new opportunities for freelancers and businesses seeking to streamline international payments.
Ethereum and PEPE are demonstrating positive changes in the market, attracting attention from investors and users alike. New solutions like Remittix represent potential for further blockchain technology development.
