The token's advance so far is the best for the opening month of a year since a 31% rally in 2020 before the pandemic hit. The surge has helped to lift the overall value of digital assets past $1 trillion, a level that gave way in November when the FTX exchange imploded, CoinGecko data shows.
The largest token rose as much as 2.5% on Monday and was trading at $21,230 as of 11:46 a.m. in Tokyo, set for a 13 straight daily advance. Smaller coins from Ether to Cardano were also in the green. Asian crypto-related stocks like Monex Group and Woori Technology Investment Co.pushed higher.
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