Ethereum (ETH) recently jumped past $3,500, the highest it’s been in 6 months, and many experts think it could go much higher, even up to $10,000.
Here’s what’s going on:
💰 Big Money Is Coming In
In just five days, over $1.7 billion has been invested in Ethereum through spot ETFs (a type of investment product).
A huge chunk of this money came from big institutions like BlackRock. this isn’t just small investors anymore, it's serious Wall Street money.
These ETFs now hold about 4% of all Ethereum in existence.
📈 Ethereum's Network Is Busier Than Ever
More people are using Ethereum, active wallet addresses are up almost 10% in the past month.
Fees on the Ethereum network have gone way up, meaning more activity and demand.
The amount of crypto locked into Ethereum apps (called TVL) is at a 3-year high: over $78 billion.
🔮 Why Some Experts Think ETH Could Hit $10,000
A technical indicator called the RSI recently gave a "buy" signal, the same kind that happened before Ethereum had huge price jumps in the past.
Some analysts think this rally could push ETH to $7K or even $10K in the next year or so.
They say this is not just hype it's supported by real investor demand and growing usage of Ethereum’s tech.
📌 Bottom Line:
Ethereum is not just rising because of hype. Real money, real use, and real growth are driving the price up. While there’s no guarantee, the signs are pointing toward a strong bull run, with possible long-term highs of $7,000–$10,000 if momentum continues.