Ethereum News Today: Ethereum-Based Tokens Surge 11.71% to 30.75% in 24 Hours

Ethereum-based tokens have seen a widespread surge in recent trading sessions, with altcoins rallying on the back of the network's continued upward movement. Among the top performers, COW, ENA, RESOLV, TURBO, EIGEN, SHELL, SSV, COMP, and ETHFI each recorded gains ranging from 11.71% to 30.75% in the last 24 hours. These tokens, many of which are built on Ethereum’s layer-two infrastructure or roll-up solutions, are benefiting from renewed investor interest in the broader altcoin market [1].

The Ethereum ecosystem’s dominance in this rally is evident as developers and investors continue to migrate activity toward platforms with strong smart contract capabilities and high throughput. Ethereum-based meme coins, in particular, have seen a sharp rise in popularity, with several achieving significant price appreciation through viral community engagement and high staking yields. Tokens such as Maxi Doge ($MAXI) and TOKEN6900 ($T6900) have attracted attention due to their speculative appeal and aggressive marketing strategies. Maxi Doge, for instance, offers a 2,513% annual staking yield during its presale phase, while TOKEN6900 has drawn investors through its humorous branding and limited supply distribution model [1].

The rise of Ethereum-native meme coins is being fueled by broader market optimism, with tokens like Popcat ($POPCAT) and Bonk ($BONK) surging by over 7,000% and 6.53% respectively in recent weeks. Although these tokens often lack tangible utility beyond community hype, their ability to generate rapid price movement has made them a focal point for speculative traders. In some cases, projects leverage cross-chain integration to expand their reach, as seen with Best Wallet Token ($BEST), which operates on Solana but integrates with Ethereum infrastructure [1].

Wall Street Pepe ($WEPE) is another example of a meme coin capturing significant attention, having raised over $73 million in its initial coin offering and seen a nearly 600% price increase since June. The token’s success highlights the growing influence of social media and community-driven narratives in shaping investment trends. Meanwhile, Snorter Bot ($SNORT) has distinguished itself as a Telegram-native trading bot that enables holders to snipe newly launched tokens on Ethereum and Solana chains, blending meme culture with high-speed trading mechanics [1].

The recent rally in Ethereum-based tokens reflects a broader shift in the cryptocurrency landscape, where speculative assets are increasingly outperforming more traditional projects. Despite their lack of fundamental use cases, these tokens are gaining traction due to their ability to create rapid adoption and viral momentum. As the Ethereum ecosystem continues to expand with new projects and integrations, it remains a key driver of innovation and investment activity in the digital asset space [1].

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[1] [Title: Cryptos with biggest upside for long term investment?](https://www.facebook.com/groups/2028862550588932/posts/which-cryptos-have-the-biggest-upside-smart-long-term-investments/3501074520034387/)