ETHFI (ether.fi) has pumped 13.67% in the last 24 hours.

Gate News Bot news, on September 11, according to CoinMarketCap, as of the time of writing, ETHFI (ether.fi) is currently priced at $1.44, with a 24-hour pump of 13.67%, reaching a high of $1.44 and a low of $1.08, with a 24-hour volume of $170 million. The current market capitalization is approximately $672 million, an increase of $80.9 million from yesterday, ranking 107th in global Crypto Assets market capitalization.

ether.fi is a platform focused on Crypto Assets management, offering various functions such as storage, appreciation, and payment. The platform allows users to stake assets to maximize rewards, supporting multiple assets including ETH, BTC, and stablecoins. ether.fi also provides automated yield strategies and non-custodial credit card services, aimed at providing users with comprehensive crypto financial solutions.

Important news about ETHFI recently:

1️⃣ The foundation's large-scale repurchase of ETHFI tokens The ether.fi Foundation actively repurchased ETHFI tokens this week, using 73 ETH (approximately $314,000) in protocol revenue to purchase 264,000 ETHFI. At the same time, approximately 155,000 ETHFI were burned, and 108,000 ETHFI were distributed to sETHFI holders. This series of operations effectively reduced the market circulation, providing strong support for the price of ETHFI.

2️⃣ User registration volume rises The ether.fi platform has experienced an explosive rise in user registrations of nearly 600% in the past 24 hours. Although this surge put pressure on the system, the platform quickly completed a system upgrade and restored normal operations. The rapid expansion of the user base reflects the strong demand for ether.fi services in the market and is expected to drive the long-term value rise of the ETHFI token.

3️⃣ Technical Analysis The price of ETHFI has risen by 13.67% in the last 24 hours,突破前期阻力位1.44美元, reaching a new high. The volume has also increased to $170 million, indicating strong buying power. In the short term, ETHFI may continue to maintain its upward momentum, but investors should remain cautious of the risk of a pullback.

This message does not constitute investment advice; investors should be aware of market volatility risks.