🔥【The Triple Logic Behind Ethereum's Single-Day Surge of 8.88%】

According to Mlion.ai analysis, ETH broke through the $3,400 mark today, recording the largest single-day increase since the approval of the ETF in 2024. The driving factors include:

1️⃣ Sun Yuchen's Staking Effect: TRON founder staked 60,000 ETH (worth $116 million) with Lido. This move not only locked in market circulation but also released top investors' strong confidence in ETH 2.0 staking yields. Currently, the annualized staking yield for ETH has reached 5.2%, far exceeding traditional bond assets.

2️⃣ Continuous Inflow of ETF Funds: Since July 15, the average daily net inflow of the U.S. Ethereum spot ETF has reached $230 million, with BlackRock's IBETH holdings surpassing 800,000 ETH. Institutional demand for accumulation has directly driven up the coin price.

3️⃣ Gas Limit Upgrade Dividend: With the Ethereum block gas limit raised to 32 million units (potentially reaching 36 million in the future), the interaction costs of DeFi protocols have decreased by 30%, stimulating a surge in on-chain activity—just the daily trading volume of Uniswap V4 has exceeded $5 billion, a month-on-month increase of 40%.

💡Investment Suggestion: In the short term, focus on the breakthrough of the key resistance level at $3,500, with a medium-term target price looking at $4,200 (based on the inflow speed of ETF funds).