Several traders believe that the price of Ether (ETH) could pull back after it achieved a new all-time high on Jan. 25, gaining nearly 100% in January. Ether has outperformed Bitcoin (BTC) so far this year, buoyed by the growing number of users on Ethereum.
Primarily due to the growing demand for DeFi, the Ethereum network has seen an increase in user activity and transaction volume.
This has also led the popularity of the term…
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