CROSS and ECHO surged over 50% amidst a general market decline fueled by the Binance Alpha trading competition.
SharpLink emerged as the biggest corporate holder of Ethereum, owning over 280,000 ETH assets, after acquiring 74,656 ETH worth around $213 million.
Binance Alpha initiated a trading competition involving tokens like MemeCore, Infinity Ground, Echo Protocol, MEET48, and CROSS, which led to increased trading volumes and price hikes for CROSS and ECHO.
While the global crypto market cap dipped by 3% to $3.69 trillion, Ethereum surged past $3,000 and analysts predict a further rise towards the $3,500 level, with some anticipating a jump to $5,000 in the coming months.