Ethereum ($ETH) is demonstrating signs of recovery after spending a week trading below $3,420. Although it hasn't reached its December peak of $4,077, there's optimism surrounding its ability to break past the $3,500 resistance level. This potential increase has been fueled by a 16.29% surge in trading volume of Ethereum ecosystem tokens within the last 24 hours.
The combined market capitalization of all Ethereum-related projects provides a promising outlook, leaving investors hopeful for future gains as trading activities intensify.
