The Ethereum ecosystem and second-layer tokens have surged up to 7%, Franklin Dampdon plans to launch a spot Ethereum ETF

As Franklin Templeton submits a spot Ethereum ETF plan, the Ethereum ecosystem and second-layer tokens (such as LDO, ARB, and MNT) have risen by up to 7%. Meanwhile, some market observers point out that compared to the price, Google's search interest in Bitcoin is still at its historical low level, indicating that the retail market has less interest in this topic.

 

On Monday evening, Bitcoin (BTC) briefly broke through the $50k mark sparking bullish sentiment among traders. Solana's SOL led major cryptocurrencies. SOL rose by 8%, Ethereum (ETH) increased by 6.6%, while Bitcoin saw buying after opening on Monday in New York markets. Avalanche’s AVAX rose by 6%, BNB Coin (BNB), and Cardano’s ADA had relatively smaller increases of about 3%. The CoinDesk 20 Index (a liquidity index of top-20 tokens ranked by market value and trading volume excluding stablecoins) went up by 4%.