Ethereum briefly tags $3,700 after Vitalik Buterin's speech at the Web3 festival in Hong Kong Ethereum broke out of a one-week consolidation streak on Monday when it outperformedBitcoin to reach $3,730. The price increase highlights rising social media activity for Ethereum following Vitalik Buterin's speech at Tuesday's Hong Kong Web3 carnival.
Vitalik Buterin excludes L2 chains that do not use Ethereum for data availability at web3 carnival Ethereum co-founder Vitalik Buterin addressed crypto traders and web3 market participants at the Hong Kong web3 carnival on Tuesday. Buterin’s Ethereum Ecosystem diagram included Layer 2 projects that use Ether for data availability while leaving out projects that use other chains like Celestia.
Source: Digital Coin News (digitalcoinnews.net)
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