ETH Surges 2.26% as ETF Inflows and SEC Clarity Drive $3,672 Rally on Binance

Ethereum (ETH/USDT) has experienced a 2.26% price increase over the last 24 hours, with the current price at $3,672.69 on Binance. This upward movement is attributed to several factors: net inflows into U.S. spot Ethereum ETFs, ongoing institutional activity including significant ETH transfers by Fidelity and BlackRock, and positive regulatory clarification from the SEC regarding liquid staking. Additionally, optimism among traders has been fueled by Ethereum’s recent ability to hold above key support levels and approach major resistance zones between $3,600 and $4,000, despite some bearish signals such as a notable net outflow in Net Taker Volume.

Ethereum’s 24-hour trading volume stands at over $23.9 billion, with a high of $3,692.93 and a low of $3,546.00, while its market capitalization remains strong at approximately $444 billion. The ETH/USDT pair on Binance continues to be the most actively traded, and Ethereum has posted a 40.80% gain over the past month despite short-term volatility.