Ethereum (ETH) continues its rise despite increasing pressure in recent times.
Ethereum has been left alone with attacks from the US especially in recent days. The US Securities and Exchange Commission (SEC) initiated an investigation into the Ethereum Foundation based in Switzerland, while debates on securities and commodities once again came to the surface.
In addition, the SEC’s indifferent and secretive attitude towards major financial institutions seeking to issue spot Ethereum ETFs quickly decreased the likelihood of approval in May.
Following the completion of the Dencun upgrade last week, Ethereum, which lost its balance and experienced turbulent days with the bad news that followed, said “I’m still here” with the rise it exhibited in the last 24 hours.
According to CoinGecko data, Ethereum, which lit a strong green candle in the upward direction on March 20, managed to gain 15% in value in the last 24 hours. Falling to 3,107 dollars, Ethereum saw 3,551 dollars with its last rise.