Ether May Rise 7% Toward $3,200 as Stablecoin Yields Remain Between 3.9% and 4.5%

Ether could climb approximately 7% to test the $3,200 level as stablecoin yields currently range between 3.9% and 4.5%, according to Santiment. The analytics platform states this yield level indicates the crypto market has not entered overheated territory. The assessment suggests room for additional price appreciation from recent trading levels around $2,990.