ETH Surges 2.08% as $703M ETF Inflows and Corporate Adoption Drive Market Momentum

Ethereum (ETHUSDT) has experienced a 2.08% price increase over the past 24 hours, with the current price at $3,783.25 on Binance. This upward movement is primarily attributed to renewed institutional interest, highlighted by significant ETF inflows totaling $703 million for the week and recent corporate adoption, such as SharpLink Gaming and a Bitcoin mining firm adding Ethereum to their reserves. Additionally, positive sentiment has been supported by the U.S. House of Representatives advancing a crypto-related bill, which may influence the regulatory environment. Technical factors also contributed, as Ethereum rebounded from support near $3,500 and is now testing resistance in the $3,600–$3,620 range, with increased trading activity and open interest reflecting heightened market engagement. Over the last 24 hours, Ethereum’s trading volume reached approximately $46.66 billion, with a market capitalization of $457.23 billion and a circulating supply of about 120.71 million ETH.