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Ethereum Shows Resilience as SOL, DOGE, and Other Crypto Giants See Weekly Bleeds

  • Ethereum remains resilient in the current market cycle, with its price increasing while other major cryptocurrencies like Solana, Dogecoin, and SUI experienced significant drops on the weekly chart.
  • ETH is up by 1.43% to $2,637 on the daily chart, outperforming SOL and DOGE, which saw drops of 1.2% and 1.3% respectively during the same period.
  • While ETH showed a slight 0.27% increase on the weekly chart, SOL's price dropped by 9.8% and DOGE plummeted by over 12% in the same timeframe.
  • Ethereum's positive momentum can be attributed to fresh boosts in institutional adoption and the ongoing developments to enhance the network's speed, scalability, and usability, positioning it favorably for future growth.

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