# Wormhole Jumps 42%, Dione Climbs 30%, and Ethereum Gets Back $2,000
The crypto space displays indications of vitality, with Ethereum again exceeding the $2,000 threshold. A few altcoins, including Wormhole (W), DIONE, and Magnetix (MAG), have recorded double-digit increases in the preceding 24 hours.
Wormhole (W) has risen by 41.7% in the last day, rising from a low of $0.08551 to $0.1218. This increase isn’t only a one-day phenomenon; the token has increased nearly 40% over the previous week.
One X (formerly Twitter) commenter mentioned that Wormhole is turning into a significant participant in interoperability, processing around 200,000 messages and $40 million in transactions each day.
The platform presently features a Total Value Locked (TVL) of $2.5 billion.
Regardless of a prior decline from $1.40, the existing trend implies Wormhole could be targeting a target of $1.90.
Observers are indicating a recent Relative Strength Index (RSI) breakout on the daily chart as a favorable indication.
Currently, Wormhole is being traded 92.8% below its all-time high of $1.66. DigiByte Climbs Over 13% After Taproot Activation Renovation Green Light
Another X community participant, gemxbt, revealed a positive breakout for W, along with solid positive price movement. The analyst pinpointed key support near $0.0800 and resistance at the recent high of $0.1100.
While an RSI above 70 might indicate overbought circumstances, the MACD reveals additional upward drive.
DIONE is another top performer, soaring 33.2% in the last day from $0.002676 to $0.003602.
This rally additionally strengthens DIONE’s robust performance, with increases of 70% over the previous week and 95% in the preceding 30 days.
The price increase corresponds with DIONE’s upcoming “Week 4 FOMO” occasion, scheduled for March 24th to 28th. The occasion has created purchasing interest even before its start.
Rounding out the top performers is Magnetix, up 25.5% in the last 24 hours, rising from $0.028 to $0.03515.
These days, MAG, a meme-inspired digital currency developed using the Solana platform, has achieved a market valuation of $35 million, reaching a record peak of $0.03575. This increase has pushed it into the top 100 of Binance’s fresh digital currency offerings. Throughout the previous week, MAG has gone through an extraordinary increase, with its worth rising by 150%.
