Brothers, Ethereum is too strong this time! A strong breakthrough at $4,300 in just 12 hours, reaching a new high since December 2021! What's crazier is that the US ETF attracted $326 million in one week, and corporate holdings soared to $13 billion! This is not just an increase; this is taking off!
Do you know what this means? Ethereum is no longer a "programmer's toy"; it has become the new darling of institutions! From "world computer" to "digital oil", this transformation took only two years. Today's Ethereum is like Bitcoin in 2020!
Data doesn't lie! Economic security indicators hit a historic high of $153.8 billion, with 30% of ETH staked and locked, daily trading volume and active addresses both skyrocketing. These indicators are all shouting: the bull market is here, and it is an institutional bull!
The most exciting is the Koreans, who directly invested $259 million into BitMine Mining Company, becoming the hottest overseas stock in Korea! The madness of Asian funds has left even Americans stunned. This is the power of FOMO; everyone is afraid of missing the next wealth code!
Why have institutions suddenly fallen in love with Ethereum? Staking yields a stable 5%, which is better than keeping money in the bank; the DeFi ecosystem is mature with rich application scenarios; Layer 2 has solved congestion problems, greatly enhancing user experience. This is not speculation; this is value investing!
The technical aspect is even more perfect! The $4,300 position is an important support level from the 2021 bull market, and it has now become a breakout point. The next target? $5,000! Don't think it's crazy; in the crypto world, nothing is impossible.
Retail investors are still hesitating, while institutions have already taken action. This is the gap in perception! While you are still debating whether it's a bubble, smart money has already built their positions. By the time you realize, it might already be $5,000.
The Fusaka upgrade is coming in November, and network performance will see another major upgrade. Every major upgrade serves as a catalyst for price explosions. What will 2025 bring, following the DeFi summer of 2020 and the NFT craze of 2021? I bet it will be RWA (Real World Assets)!