In a groundbreaking shift, SEC Chair Paul Atkins informally suggested that Ethereum may not be classified as a security. This subtle yet powerful statement comes as the GENIUS Act passes, moving stablecoin oversight from the SEC to banking regulators. For investors and developers, this signals a shift from enforcement-heavy policies to a rules-based, innovation-friendly framework.
Ethereum’s price recently hit $3,860 and now consolidates near $3,769.90, with $3,750 acting as strong support. A bullish long-short ratio of 43.33 and record ETP inflows of $6.2 billion further strengthen ETH’s upward trajectory. Institutional interest is surging, thanks to initiatives like Ethereum Micro and a roaring NFT market hitting $75M in volume.
Sentiment remains overwhelmingly positive—91.7% of traders are bullish. While no formal declaration exists yet, the cooperative approach between regulators and innovators positions Ethereum perfectly for its next growth phase.
Could this be the catalyst for $ETH to break the $4K barrier and beyond?
💬 What do you think? Is Ethereum ready for its next bull run? Share your thoughts in the comments below!
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