Ethereum and XRP are in the green today, with both cryptos climbing higher as the market shows signs of life.

ETH has rebounded to $3,500, while XRP is nearing $1.50.

Meanwhile, new meme coin Flockerz is catching the eye of analysts – with one suggesting it might be set for explosive gains after its presale ends.

Ethereum’s Momentum Builds as Weekly Gains Hit 13%

ETH has climbed 5% in the past day as trading volumes heat up.

With weekly gains now over 13%, investor confidence is growing, even with some lingering worries about network activity.

Spot trading volumes have hit $31.8 billion in the last 24 hours, and futures open interest is up 8%, nearing $15 billion.

This shows traders are betting on even more upside for ETH.

While some analysts have flagged slowing activity on Ethereum’s main network, the ecosystem isn’t standing still.

Base, Ethereum’s top Layer-2 solution, is flourishing with growing transaction volumes and DeFi activity.

This Layer-2 momentum, coupled with increasing institutional interest in ETH, seems to be outweighing any concerns about the mainnet’s performance.

And that seems to be contributing to the token’s price rise.

So, with ETH now just 28% below 2021’s all-time high, optimism is building around the second-largest crypto in the world.

Legal Wins & Strong Technicals Fuel XRP’s 30% Weekly Surge

XRP is also having a solid start to the week.

The token has rallied 10% in the past 24 hours, pushing its weekly gains above 30%.

This has made it the fourth most traded crypto in the world – passing DOGE and SOL in daily trading volume.

Most of the excitement around XRP is tied to Ripple’s legal momentum.

Ripple’s CLO, Stuart Alderoty, made headlines over the weekend by celebrating