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"IntelMarkets Surpasses 75K Holders; Ethereum Eyes $4,700 by Q2 2025"

Coin WorldTuesday, Jan 28, 2025 1:01 pm ET

1min read

IntelMarkets Reaches 75,000 Holders While Ethereum’s Price Targets $4,700 in Q2 2025

IntelMarkets, a decentralized finance (DeFi) platform, has achieved a significant milestone with 75,000 holders, demonstrating the growing interest and adoption of the platform. This achievement highlights the platform's success in attracting users and building a strong community.

Meanwhile, Ethereum's price has been on an upward trajectory, with analysts predicting a target of $4,700 by the second quarter of 2025. This bullish outlook reflects the growing demand and optimism surrounding the Ethereum ecosystem, driven by factors such as the upcoming Shanghai upgrade and the increasing adoption of Ethereum-based applications.

Bracket Launches New Platform to Simplify Liquid Staking on Ethereum

Bracket, a DeFi platform backed by Binance Labs, has introduced its strategy management platform. The platform offers liquid staking token (LST) holders access to higher staking yields on Ethereum. Known as ‘ETH+,’ this feature addresses inefficiencies in traditional LST liquidity pools, which are often fragmented and prevent seamless yield optimization.

Bracket is Changing Liquid Staking on Ethereum

At the core of Bracket’s platform is brktETH, a non-rebasing token backed by a treasury of diverse LSTs and liquid restaking tokens (LRTs). This token aggregates assets from providers like Lido, Rocket Pool, and Ether.fi, simplifying staking on Ethereum and creating a unified approach to yield generation.

“The launch of our strategy management platform is a defining moment for Bracket. Phase II takes us closer to our vision of creating a secure, user-friendly platform where DeFi participants can maximize their yields without compromising transparency or safety,” Mike Wasyl, CEO of Bracket, told BeInCrypto.

Ethereum Staking Trends and Challenges

In 2024, Ethereum achieved a major milestone: 24% of its total supply was staked, reflecting the community’s preference for passive income options over immediate liquidity. The Shapella upgrade further boosted flexibility by enabling withdrawals of staked ETH, yet staking activity has continued to

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