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Today, the cryptocurrency market is experiencing a comprehensive rise, with several mainstream coins performing remarkably. Ethereum has broken the $4,700 mark, driving a widespread increase in multi-chain ecosystem coins. It is worth noting that the Ethereum ETF has attracted substantial institutional funds, with daily deposit amounts reaching hundreds of millions of dollars, indicating that investors' confidence in encryption assets is strengthening.
Meanwhile, the NEAR protocol is also showing a strong upward momentum, with an increase of nearly 6%. Analysts believe that this surge is likely driven by a large inflow of institutional funds.
In addition, the Chainlink (LINK) token has seen a notable increase today, reaching about 12%. This rise may be related to its recent announcement of a partnership with the Intercontinental Exchange (ICE), highlighting the potential applications of blockchain technology in the traditional financial sector.
Overall, the current market sentiment is high, and multiple projects are showing positive development trends. However, investors still need to be cautious, closely monitor market movements, and have a rational view of short-term increases.