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ETHFI Price Jumps 7% Amid Major Ether.fi Listing Update
In the dynamic cryptocurrency market, Ether.fi (ETHFI) has surged 7% following a major listing update on Paribu Box. This development marks a significant milestone for ETHFI, highlighting its growing relevance and potential within the digital asset landscape. Let’s explore the implications of this update and the future prospects of Ether.fi (ETHFI).
ETHFI Price Surges Amid Paribu Box Integration
Amidst significant developments in the cryptocurrency market, the price of ETHFI surged by 7% following a major listing update on Ether.fi. Deposits have commenced on Paribu Box for ether_fi (ETHFI), marking a significant milestone for traders and investors alike. This surge in price underscores the growing interest and confidence in Ether.fi’s ecosystem. Investors are increasingly recognizing the potential of ETHFI as a valuable asset within the digital currency landscape.
Paribu Box, created to facilitate the buying and selling of crypto assets belonging to projects in their early development stages, has added considerable value to ETHFI. Their support for ETHFI reinforces its credibility and potential within the market. Paribu Box’s stringent selection criteria, focusing on promising early-stage projects, further validates the significance of ETHFI’s listing update. This integration not only expands ETHFI’s accessibility but also enhances its reputation among traders and investors seeking promising investment opportunities.
Also Read: Binance, KuCoin Becomes India FIU-Registered Crypto Exchanges
Current State and Future Prospects of Ether.fi (ETHFI)
As of today, May 10th, Ether.fi (ETHFI) is priced at $3.91 with a 24-hour trading volume of $121.3 million. This represents a remarkable 6.26% increase in the last 24 hours and a 6.07% increase over the past 7 days, signaling strong bullish momentum. With a circulating supply of 120 million ETHFI, Ether.fi boasts a market cap of $450.2 million.
Furthermore, ETHFI Derivatives Data Analysis reveals impressive figures, with volume soaring by 7.93% to $315.06 million and open interest increasing by 8.52% to $91.30 million. The Relative Strength Index (RSI) stands at 62.39%, indicating robust growth potential. Ether.fi’s roadmap highlights plans for Stake, Liquid, and Cash products aimed at enhancing the DeFi user experience. These innovative products simplify staking, liquidity provision, and digital currency transactions, positioning Ether.fi as a frontrunner in DeFi innovation.
The unique features of Ether.fi, such as its liquid restaking protocol on Ethereum, distinguish it from other DeFi protocols. Offering a non-custodial approach and allowing users to retain control over their keys, Ether.fi minimizes counterparty risk. Users receive eETH tokens for staking ETH or other liquid staking tokens, which are automatically restaked on EigenLayer for profits.
Also Read: EigenLayer Token Sparks Frenzy, Excludes US and China Users
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Grayscale Research has released its updated Top 20 list of digital assets, identifying key cryptocurrencies with strong potential for the coming quarter.
The firm updates this curated selection quarterly, reflecting its analysis of network adoption, market trends, and fundamental sustainability.
Grayscale Adds 3 Altcoins to Investment Consideration List
The latest update introduces three new assets—Maple (SYRUP), Geodnet (GEOD), and Story Protocol (IP). This suggests an inclination toward real-world applications in decentralized finance (DeFi), decentralized physical infrastructure networks (DePIN), and intellectual property (IP) tokenization.
Grayscale organizes the digital asset market into five distinct crypto sectors: currencies, smart contract platforms, financials, consumer & culture, and utilities & services. This framework allows the firm to track industry trends and assess high-growth opportunities within each category.
With the latest rebalancing, the crypto sectors now encompass 227 distinct assets with a total market capitalization of $2.6 trillion, covering the vast majority of the global crypto market.
Maple Finance (SYRUP)
Maple Finance (SYRUP) is a leading DeFi protocol specializing in institutional lending. The project operates through two core platforms: Maple Institutional, designed for accredited investors, and Syrup.fi, which serves DeFi-native users.
Over the past year, Maple Finance has grown significantly, reaching $600 million in Total Value Locked (TVL) and $20 million in annualized network fee revenue. The project aims to scale Syrup.fi to $2 billion in TVL by integrating with other DeFi protocols, including Pendle (PENDLE).
Geodnet (GEOD)
Meanwhile, Geodnet (GEOD) has emerged as a leader in the DePIN space. As the world’s largest real-time kinematic positioning provider, the network offers geospatial data with centimeter-level accuracy. It serves industries such as agriculture, robotics, and autonomous vehicles.
The network has expanded to include more than 14,000 active devices across 130 countries and has seen its revenue grow substantially. Annualized network fees increased by 500% year-over-year (YoY) to $3 million.
Geodnet’s decentralized approach presents a cost-effective alternative to centralized GPS solutions, positioning it as a critical infrastructure provider in the blockchain space.
Story Protocol (IP)
Story Protocol (IP) is tackling the growing intellectual property space by bringing IP rights onto the blockchain. With AI-generated content sparking copyright disputes, Story Protocol offers a way for companies and creators to monetize their intellectual property. At the same time, it enables investors to trade and earn royalties.
The project has already onboarded high-profile assets, including music rights for Justin Bieber, BTS, Maroon 5, and Katy Perry. It also launched its dedicated IP-focused blockchain and token in February 2025.
Grayscale Removes 3 Altcoins From its List of Investible Products
The latest update also includes the removal of three assets from the Top 20 list, comprising Akash Network (AKT), Arweave (AR), and Jupiter (JUP).
“Grayscale Research continues to see value in each of these projects, and they remain important elements of the crypto ecosystem. However, we believe the revised Top 20 list may offer more compelling risk-adjusted returns for the coming quarter,” the firm explained.
Beyond these new additions, Grayscale continues to highlight key investment themes. These include Ethereum scaling solutions, AI-integrated blockchain development, and DeFi and staking innovations. The continued inclusion of assets like Optimism (OP), Bittensor (TAO), and Lido DAO (LDO) reflects the firm’s focus on these high-growth areas.
Meanwhile, the latest Top 20 update follows Grayscale’s broader expansion into evaluating additional digital assets. In January 2025, the firm revealed nearly 40 altcoins under investment consideration. Similarly, Grayscale announced a list of 35 assets for potential inclusion in investment products in October.
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Shiba Inu price has seen strong bullish momentum, gaining another 13.5% and shooting past $0.000015 levels, with its daily trading volume surging by 70% to $370 million. The recent rally comes amid a sharp surge in the SHIB burn rate and improving sentiment for the world’s second-largest meme coin. Additionally, the platform’s marketing lead has also tossed up the idea of having a Shiba Inu exchange-traded fund (ETF) in the future.
Shiba Inu Price Surges As Bulls Charge In
Shiba Inu’s native crypto SHIB is getting major attention from investors with more than 20% gains on the weekly chart. Additionally, today’s SHIB price pump comes along with 70% surge in daily trading volumes suggesting a strong bullish sentiment for the altcoin.
Additionally, as per the Coinglass data, the SHIB futures open interest has surged by 30% to more than $166.74 million. This shows that there’s a strong demand among the futures traders for the world’s second-largest meme coin. As per the image below, the Shiba Inu price is closely following the trajectory of the 2021, and is on the verge of staging a parabolic rally ahead, amid the recent surge in SHIB burn rate.
Analysts are predicting a minimum of 200% SHIB price rally which would take its market cap to nearly $27 billion. While other players expect an even bigger rally where the meme coin could give as high as 12x gains or 1,100% returns.
Can SHIB Rally 12x From Here Onwards?
Popular crypto analyst CryptoELITES predicted a 12x surge in Shiba Inu price amid the formation of a cup-and-handle pattern on the technical chart. Since reaching its all-time high of $0.0008854 in October 2021, SHIB’s price movement has been carving out a cup-and-handle pattern. The “cup” was fully formed with Shiba Inu’s March 2024 peak at $0.00004567, while the “handle” is now nearing completion, as shown in the image below.
Shiba Inu’s marketing lead LUCIE has also agreed to this possibility by retweeting regarding the same. Furthermore, Lucie recently emphasized the potential for Shiba Inu to reach the $0.01 price milestone. However, she acknowledged that achieving this level could take time and encouraged the Shiba Inu community to remain patient.
Recent Developments in the Ecosystem
The Shiba Inu ecosystem has seen consistent growth and development while the sharing the plans of the future. Recently Lucie also tossed the idea of getting a Shiba Inu ETF to the market once again.
Furthermore, despite the current crypto market turbulence, the Shiba Inu ecosystem has demonstrated remarkable growth, surpassing 1.5 million holders since its inception in 2020. Data from Shibariumscan reveals that Shibarium’s total block count has exceeded 10 million, highlighting the network’s consistent adoption and increasing on-chain activity.
Bhushan Akolkar
Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Curve Finance founder Michael Egorov sparked a tidal wave of speculation across the market with his recent selloff strategies. On Wednesday, March 26, Egorov again dumped nearly 2M CRV tokens, bringing his total selloffs to roughly 2.5M coins this week. Therefore, broader aspects surrounding the coin’s future price action remain clouded in an enigma despite an ongoing rally.
Curve Finance Founder Offloads Coins Amid Price Rally
CRV price is currently on a rally, as indicated by intraday and weekly gains of 12% and 23%, respectively. However, Egorov’s selloff transactions amid this upswing have sparked market concerns about a looming dip.
How Many Tokens Have Been Sold?
According to data from Spotonchain on X, the Curve Finance founder transferred 1.997 million tokens worth $1.03 million to the wallet address “0x5a8.” Subsequently, this address sold 1 million coins for 515,058 USDC at an average price of $0.515. Currently, this address still holds 997K tokens.
Besides, Egorov sold 468,769 tokens for 238,171 USDC at an average price of $0.508, per March 24 data.
Why Were The CRV Tokens Sold?
Intriguingly, he purchased these tokens as of mid-December last year at an average price of $1.114. The initial investment made is now at a loss of 54.6%.
While the selloffs come amid a price rally, they might be a potential move to mitigate losses incurred. Nevertheless, broader market sentiments in light of these selloffs remain bearish.
CRV Price Overview
As of press time, Curve DAO coin’s price defied usual market sentiments and pumped 12%, reaching $0.5560. The coin saw a massive pump after hitting a $0.4927 low intraday.
Market analyst ‘CrediBULL Crypto’ posted on X, revealing bullish projections despite the crypto’s sluggish performance. As per the analyst, the CRV/XRP pair indicates a breakout for the Curve Finance token looms.
Considering XRP is still trapped in a range where it is looking for deviation below the lows, CRV is ready to pump, per the analyst. Market watchers reflect an uncertain approach towards the crypto amid recent developments that are unable to clear the muddy waters.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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