Today’s top-performing coins have surged as the likelihood of Ethereum ETF approval increased from 25% to 75% after Fidelity updated its filings while Nasdaq and CBOE requested updates. 
Leading the pack, <a href="https://crypto.news/price/pepe/" data-type="link" data-id="https://crypto.news/price/pepe/" rel="">PEPE</a> has hit a new all-time high of $0.00001271, up 30% on Tuesday. Its trading volume has skyrocketed by 411%, and its market cap is slightly over $5 billion, placing it among the top 25 cryptocurrencies. Investor Jameson <a href="https://twitter.com/JamesonEth/status/1792671981873017290" data-type="link" data-id="https://twitter.com/JamesonEth/status/1792671981873017290" target="_blank" rel="">explained</a> on X that PEPE is seeking a price increase similar to the 2021 DOGE pump. 
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Lido DAO (<a href="https://crypto.news/tag/lido/" data-type="link" data-id="https://crypto.news/tag/lido/" rel="">LDO</a>) is the second top gainer, with trading volume up 483.24%, and a 24-hour volume exceeding $505 million. The price of LIDO has risen roughly 40%, reaching $2.37. Lido DAO is the top staking option for the Ethereum ecosystem, where investors can stake ETH and receive <a href="https://crypto.news/price/lido-staked-ether/" data-type="link" data-id="https://crypto.news/price/lido-staked-ether/" rel="">stETH</a>. 
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<a href="https://crypto.news/price/bonk/" data-type="link" data-id="https://crypto.news/price/bonk/" rel="">BONK</a> has surged by 24.56% in the last 24 hours to trade at $0.000034174. This gain reflects a broader uptrend in the meme coin sector, with its market capitalization increasing by 24.57% to $2.03 billion. Bonk’s trading volume soared by 289.62% to $1.35 billion, emphasizing its growing market activity. 
BONK is unique among the top gainers as it is a Solana (<a href="https://crypto.news/price/solana/" data-type="link" data-id="https://crypto.news/price/solana/" rel="">SOL</a>) <a href="https://crypto.news/tag/meme-coin/" data-type="link" data-id="https://crypto.news/tag/meme-coin/" rel="">meme coin</a>. 
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 You might also like: <a href="https://crypto.news/fidelity-spot-ethereum-etf-staking/" rel=""> Fidelity axes spot Ethereum ETF staking feature </a> 
Arbitrum (<a href="https://crypto.news/price/arbitrum/" data-type="link" data-id="https://crypto.news/price/arbitrum/" rel="">ARB</a>) has risen 23% in price to $1.21 in the past 24 hours. It now ranks 37th in market cap, also up 23% to just below $3.2 billion. Black Sheep Crypto Trading, a well-known cryptocurrency analyst on X, recently <a href="https://twitter.com/ItsBlackSheepp/status/1792857026076221928" data-type="link" data-id="https://twitter.com/ItsBlackSheepp/status/1792857026076221928" target="_blank" rel="">analyzed</a> a chart of ARB and suggested $0.99 an optimal entry point for a long position, with subsequent targets at $1.27 and $1.42. 
The analyst also pointed out that intraday traders might look to enter long positions at $1.04, especially if Bitcoin (<a href="https://crypto.news/price/bitcoin/" data-type="link" data-id="https://crypto.news/price/bitcoin/" rel="">BTC</a>) experiences a leverage flush. 
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Lastly, Uniswap (<a href="https://crypto.news/price/uniswap/" data-type="link" data-id="https://crypto.news/price/uniswap/" rel="">UNI</a>) has seen a price jump of over 21% on Tuesday, pushing its value to $9.34 with a market cap of $5.6 billion. Additionally, the trading volume is up by 182.08%, totaling $418.5 million. Uniswap is the 
<a href="https://crypto.news/uniswap-dex-comprises-37-of-ethereum-l2-volume/" data-type="link" data-id="https://crypto.news/uniswap-dex-comprises-37-of-ethereum-l2-volume/" rel="">top</a> decentralized exchange on the Ethereum network, facilitating the trade of meme coins and other cryptocurrencies. In April, the U.S. SEC <a href="https://crypto.news/sec-serves-wells-notice-to-uniswap/" data-type="link" data-id="https://crypto.news/sec-serves-wells-notice-to-uniswap/" rel="">served</a> Uniswap with a Wells notice warning of an impending enforcement action, which doesn’t scare traders and investors away. 
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 Read more: <a href="https://crypto.news/is-now-the-time-to-buy-bitcoin-stocks-as-institutional-adoption-increases/" rel=""> Is now the time to buy Bitcoin stocks as institutional adoption increases? </a>

ETH ecosystem coins pump among possible Ethereum ETF approval

crypto.news

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