Ethereum price is preparing for a strong upside finally amid the recent mess created in the Solana ecosystem amid the meme coin collapses. Amid the broader market consolidation, ETH has started gaining momentum and is up 1.8% trading at $2,761 with a market cap of $330 billion. Market analysts believe that as the hype around Solana meme coins burst utility tokens on the Ethereum network will start gaining traction.
