Ethereum breaks through the $4000 mark, setting a new high!
• ETH breaks through the $4000 mark, reaching a new high of $4216, up 3.5% in 24 hours, and up 50% in a month
• Market capitalization reaches $501.6 billion, trading volume at $47.69 billion, current price at 85% of the historical peak
• On-chain activity surges, with daily transaction count reaching 1.87 million, close to historical peak
Driving Factors for the Breakthrough
• Technical Upgrade: After the Pectra upgrade, EVM parallel processing increases TPS to 387
• Institutional Involvement: IVD Medical included in treasury allocation, Fundamental Global establishes a $5 billion special fund
• Regulatory Clarity: EU MiCA legislation implemented, US ETF approval process accelerated, long-short ratio rises to 1.87:1
