Ethereum Sets New All-Time Highs in Japan and South Korea

Ethereum has set new all-time highs in Japan and South Korea, reaching 639,455 yen and 5,971,000 won, respectively. These values surpassed previous records of 632,954 yen and 5,900,000 won.

The increase is attributed to heightened local demand rather than currency fluctuations, as both the yen and won appreciated against the US dollar.

Key Factors Behind Ethereum's Surge

Growing institutional adoption globally, led by companies like Bitmine.
Bitmine holds an Ethereum treasury valued at over $2.9 billion.
Plans to acquire and stake 5% of total ETH supply.
Trump’s executive order allowing crypto in 401(k) plans has contributed to increased interest.

Currently, ETH trades at $4,173. Increased interest in Asian markets may lead to a bullish trend globally.

Potential High-Growth Projects

Snorter Token ($SNORT) – A multi-chain token sniper that aids traders in identifying opportunities quickly.
Dogecoin ($DOGE) – A popular meme coin with increasing blockchain utility, currently trading at $0.2291.
Bitcoin Hyper ($HYPER) – Bitcoin’s Layer 2 upgrade aiming for improved transaction speeds and capabilities.

Ethereum's performance in Asia could influence Western markets, especially if Bitcoin continues to rise. The general pro-crypto sentiment from recent regulatory changes may further support this upward trend.