ETH Surges 4.46% as Institutional Inflows, ETF Records, and NFT Sales Drive $3,750 Breakout

Ethereum (ETHUSDT) has experienced a 4.46% price increase in the last 24 hours, rising from a 24h open of $3,590.49 to a current price of $3,750.65 on Binance. This upward movement is primarily attributed to strong institutional inflows, including record spot Ethereum ETF investments and significant wallet accumulation, as well as increased NFT sales volume on the Ethereum network. Additional market optimism has been fueled by reports of Charles Schwab considering spot trading for Ethereum and Bitcoin, alongside the broader cryptocurrency market capitalization surpassing $4 trillion.

Currently, Ethereum is trading at $3,750.65 with robust trading volumes and a market capitalization near $450 billion, reflecting a sustained positive trend and heightened investor activity over the past week.