#ETHRally The Ethereum (ETH) currency has recently witnessed a remarkable and interesting rise in its prices, supported by several factors that enhance market momentum and investor expectations. One of the key drivers of this rise is the liquidation of short positions worth over $105 million within a week, leading to a strong buying wave that pushed the price to break through the $4,200 levels.

The clarity of regulatory liquidity differences in the U.S. market—especially through legislation like the GENIUS Act—has contributed to the flow of financial institutions into Ethereum ETFs, where record revenues for asset-backed funds reached about $726 million in a single day.

On the other hand, the Ethereum network recorded unprecedented upward activity; daily network transactions increased to 1.74 million transactions, with the percentage of ETH locked in staking rising to about 30% of the total supply.

From a corporate perspective, institutional treasury companies continued to bolster their ETH accumulations, with the value of ETH held by these companies exceeding $13 billion, with notable names like BitMine, SharpLink Game, and The Ether Machine.

All these factors—from the liquidation of short positions, to institutional inflows, to growth in network activity—were sufficient to push Ethereum to price levels not seen since December 2021, with some expectations of it reaching above $4,300.