$ETH
1. The price of Ethereum has risen to nearly $3,800, its highest level in several months, supported by record inflows into ETF funds and massive purchases from whales.
2. Institutional demand is booming, with companies like SharpLink Gaming and BitMine Immersion starting to accumulate and store massive amounts of Ethereum worth billions of dollars.
3. The American GENIUS Act and new regulations have boosted investor confidence in the future of Ethereum and its role in the stablecoin world.
4. Analysts, including "Tom Lee", expect the price of ETH to reach $8,000 - $13,000 in the last quarter of the year, thanks to the growth of tokens and staking.
5. However, volatility remains, as the exit of 640,000 ETH from freezing contracts has raised concerns about a potential drop towards $2,800.
6. The trading volume of Ethereum-related ETFs has surpassed that of Bitcoin, reflecting a shift in institutional interest towards ETH.
7. Overall, Ethereum is recording a strong comeback supported by financial innovation and institutional adoption, placing it at the heart of decentralized finance.