weETH (Wrapped eETH) rose 0.40% in the last 24 hours.

Gate News Bot message, September 10, according to CoinMarketCap data, as of the time of writing, weETH (Wrapped eETH) is currently priced at $4620.56, with a rise of 0.40% within 24 hours, reaching a high of $4805.42 and a low of $4575.52. The 24-hour volume reached $4.91 million. The current market capitalization is approximately $11.629 billion, an increase of $46.2 million compared to yesterday.

Wrapped eETH (weETH) is a value-accruing staked ETH token. It is issued by the ether.fi platform and aims to provide users with a secure, highly liquid asset that can be used in the DeFi ecosystem. ether.fi is a leading re-staking platform that allows users to earn additional income and rewards while maintaining exposure to ETH, BTC, or stablecoins. The platform ensures asset security through audits and monitoring by industry-leading companies, and is built on Ethereum's decentralized infrastructure, guaranteeing credibility and transparency.

weETH recent important news:

1️⃣ Maple Protocol integrates weETH as collateral The cryptocurrency lending protocol Maple recently announced the integration of weETH as collateral on its platform. This move will provide more liquidity options for weETH holders and reflects the market's recognition of weETH as a premium asset. Maple's integration is expected to further enhance the application scenarios and value of weETH in the DeFi ecosystem.

2️⃣ weETH price is closely related to ETH As a derivative of ETH, the price trend of weETH is highly correlated with ETH. The recent stable performance of the ETH market is also reflected in the price of weETH, which explains the slight rise of 0.40% in weETH over the past 24 hours. Investor confidence in the ETH market also indirectly supports the value of weETH.

3️⃣ Cross-chain bridge expands the application scope of weETH Recent data shows that weETH has successfully been bridged to multiple blockchain networks, including Linea, Scroll, and Manta Pacific. These cross-chain operations not only increase the liquidity of weETH but also expand its application range across different ecosystems, providing holders with more investment and trading opportunities.

From a technical perspective, weETH is currently trading around $4620, maintaining relative stability. Considering its close relationship with ETH, any significant upgrades to the Ethereum network or market fluctuations could have a direct impact on the price of weETH.

This message is not intended as investment advice; investors should be aware of market volatility risks.