CoinWorld news, Matrixport stated in today's chart that Ethereum (ETH) has significantly outperformed other mainstream market periods over the past month, with an increase of 66% during the Asian trading session and an overall monthly increase of 45%, significantly better than the United States (2%) and Europe (-23%) trading sessions.
Analysis points out that this round of ETH increase is driven by multiple favorable factors, including continuous inflows of positions and ETF funds, rising market sentiment, increased institutional allocations, and a rebound in DeFi activity. At the same time, although network Gas fees remain low, the ETH funding rate has risen to double digits.