Ethereum is surging strongly, driven by multiple positive factors:

Increased buying from Asia, institutional allocation, and a recovery in DeFi are the main reasons. Despite low network Gas fees, market sentiment remains optimistic!

Ethereum funding rates have risen to double digits, with an increase in futures positions and continuous inflow of capital, leading to a rise in market activity, among which the recovery of DeFi activity is a significant driving force! $ETH #以太坊突破3700