#ETHRally Ethereum (ETH) is witnessing a strong rally, fueled by renewed investor confidence, rising on-chain activity, and broader crypto market strength. Increased demand for decentralized finance (DeFi) and NFTs has boosted transaction volumes, while whale accumulation signals long-term bullish sentiment. The network’s ongoing scalability improvements and Layer-2 adoption are attracting developers and institutional interest. Positive macroeconomic conditions, including easing inflation concerns and Bitcoin’s stability, are further supporting the uptrend. Traders are eyeing key resistance levels, and a breakout could trigger more momentum. With growing staking participation post-merge, ETH’s supply is tightening, adding fuel to the rally and enhancing bullish market outlook.
