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Alt season rush: Ethereum and DeFi get in shape for another hot summer

The price of ETH, the flagship altcoin, increased more than 65% over 30 days to finally break through the $3,500 barrier on May 6. This takes the yearly gains for the token to over 1,500%, as it was trading in the $215 range this time last year. The price surge led its market capitalization to go beyond $400 billion for the first time.

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Source: Cryptocurrency - investing.com

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