The price of Ethereum has rallied by more than 6% over the last day, returning above the $3,600 mark last seen on September 7.
Trading at $3,622 at press time, ETH is up 6.2% over the past 24 hours, according to CoinGecko. This is, however, still 16.7% away from the asset’s all-time of $4,356 recorded on May 12 this year.
Ethereum is also the top gainer among the ten largest cryptocurrencies in the market, followed by Cardano and Binance Coin which are up 3.8% and 1%, respectively.
Bitcoin is up 1.8% over the day, currently trading at $48,134.
While the market’s second-largest cryptocurrency has been steadily growing since Monday, the latest price action comes on the heels of Ethereum’s co-founder Vitalik Buterin appearing in Time Magazine’s “100 Most Influential People List” of 2021 as one of the top innovators in the world.
