"Ethereum Surges as Trump Tariff Tensions Ease, Crypto Market Enters 'Greed' Territory"

Ethereum (ETH) has rebounded following the temporary suspension of tariffs on Canada and Mexico by the Trump administration, signaling a bullish sentiment in the crypto market. The move has also been bolstered by an endorsement from Eric Trump, the son of former President Donald Trump.

The Crypto Fear & Greed Index has shifted from 'Fear' to 'Greed' territory, indicating a positive market sentiment. This has led to an increase in trading volumes for US exchange-traded funds (ETFs) investing in Ether, with BlackRock's iShares Ethereum Trust capturing nearly half of the market activity. The group of nine ETFs registered $1.5 billion in trading volume, with net inflows of $84 million.

The temporary suspension of tariffs has also led to a recovery in the price of Ethereum, which had plunged as much as 27% to $2,135 on Monday. The selloff was followed by a partial recovery after the Trump administration struck a temporary agreement with trade partners Mexico and Canada, delaying proposed tariffs by a month. However, investor sentiment turned sour again on Tuesday as China and the US imposed fresh tariffs on each other's exports.

The bullish sentiment in the crypto market has also been driven by the potential for higher returns on riskier assets. Traders often feel more confident investing in riskier assets like crypto when global trade tensions ease. This has led to an increase in interest in promising meme coins, such as Solaxy ($SOLX) and Meme Index ($MEMEX), which have the potential for high profit margins.

Solaxy ($SOLX) is the entry point to the world's first Solana Layer-2 network, designed to address the network's weaknesses. By combining the benefits of both Ethereum and Solana, Solaxy helps Solana stay ahead of the competition. The L2 makes the network faster and more scalable, making it an attractive option for traders looking to capitalize on the potential of the Solana ecosystem.

Meme Index ($MEMEX) is the first decentralized meme coin index, which consists of four meme token baskets that cater to traders with different risk profiles. The index highlights less volatile meme coins that are ranked in the top ten, as well as higher risk tokens anticipated to offer tremendous returns. As a governance token, $MEMEX holders can vote on up