Ethereum Returns to $3000: Six Major Reasons Driving It, Altcoin Season is Here.

Ethereum has broken through and stood above the $3000 mark for the first time since early February this year. In recent days, the Ethereum market has changed its previous downward trend, rising from around $2500 to $3000, with a seven-day increase of 16.2% as of now.

Six major factors driving the rise of Ethereum's market.

1. Stablecoin ecosystem driving forces

2. Increasing number of corporate Ethereum treasuries

3. Whale buying

On July 5, a whale purchased 1616.53 ETH during a rapid market downturn, with a total value of approximately $4.038 million and an average purchase price of $2492.04.

4. Official Ethereum strategy

5. Moldy Pot Crypto ZC shift

6. Ongoing net inflow status of Ethereum ETF #ETH突破3000 #BTC再创新高