Is Ethereum on the verge of hitting $5,000? The #ETH5kNext buzz is real, and here’s why it’s more than just hype! Institutional FOMO is Kicking In: Spot ETH ETFs are pulling in billions, with BlackRock and Fidelity leading the charge. Over $2B in I flows in just 13 days signals massive confidence from big players. Deflationary Dynamics: Ethereum’s burn rate is outpacing issuance, shrinking supply as network activity skyrockets (6.5M-7.5M daily transactions!). Less ETH, more demand = price explosion. Layer 2s Supercharging Scalability: Arbitrum and Optimism are slashing costs, making Ethereum the go-to for DeFi and NFTs. With $68.22B in DeFi TVL, Ethereum’s dominance is untouchable. Technical Breakout: ETH has flipped $3,900-$4,100 resistance into support. Analysts see $4,400 next, with $5,000 as a pit stop to even higher highs. Are we looking at $8,000 by year-end?

#ETH5kNext? #DeFiGetsGraded

$ETH