Ether Hits Fresh Record High, Sandbox’s SAND Leads Rally in Metaverse Coins

Ether (ETH), the native cryptocurrency of Ethereum’s blockchain, refreshed record highs on Tuesday amid continued bullish flows in the options market. Meanwhile, tokens associated with virtual reality games extended their rally on Facebook’s recent championing of the metaverse as the next evolution of social technology.

Ethereum-based virtual reality platform The Sandbox’s SAND token tapped record highs above $3, taking the seven-day gain to over 300%. Other gaming tokens like enjin coin (ENJ) and lluvium’s ILV token also traded higher.

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