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Ethereum’s Ether Cryptocurrency Sets New All-Time Price High Above $1,450

Ether has outpaced bitcoin on a year-to-date basis.

Updated Sep 14, 2021, 11:00 a.m. Published Jan 25, 2021, 12:39 a.m.
Ethereum 2.0's Beacon Chain went live in December.
Ethereum 2.0's Beacon Chain went live in December.

The price of ether , the native cryptocurrency of the Ethereum blockchain network, soared to record levels on Sunday.

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  • Prices hit $1,454.32 – topping the previous all-time high of $1,439.33 set only last week – before settling back to $1,447.77, up more than 17% in the last 24 hours.
  • While ETH has trailed its larger cryptocurrency sibling, bitcoin , in its journey to new lifetime highs, it has outpaced the top cryptocurrency on a year-to-date basis with an 88% increase. BTC has risen 10.98% so far this year.

Read more: Ethereum 2.0 Beacon Chain Goes Live as ‘World Computer’ Begins Long-Awaited Overhaul

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Pudgy Penguins: A New Blueprint for Tokenized Culture

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Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

What to know:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

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HYPE token surges 24% as silver futures volume soars on Hyperliquid exchange

(Thomas Lohnes/Getty Images)

Silver futures on the crypto derivatives exchange are currently showing $1.25 billion in volume and $155 million in open interest.

What to know:

  • HYPE, the native token of the Hyperliquid derivatives exchange, jumped 24% in 24 hours as trading in silver, gold and other commodities surged.
  • Silver perpetual futures on Hyperliquid became the platform’s third most active market during Asia hours.
  • Because trading fees from user-created markets are used largely to buy back HYPE on the open market, the spike in commodity activity is fueling demand for the token and signaling broader growth for Hyperliquid.