Ethereum Rises 2.5% to $3,450 as Base Layer-2 Scaling Summit Approaches
Key Points
- Jesse Pollak's announcement on Base's scaling improvements c...
When Jesse Pollak mentioned Base's scaling improvements on June 19, Ethereum shot up 2.5% to $3,450 faster than a day trader refreshing their portfolio during a bull run. The timing couldn't have been better - just 10 days before the Based Rollup Summit on July 1, where the crypto world will gather to discuss making Ethereum transactions cheaper and faster (revolutionary, we know).
The announcement didn't just move ETH; it created a ripple effect that would make any correlation analyst proud. Coinbase stock climbed 1.8% to $225.30, proving once again that when Ethereum sneezes, traditional ma...
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