#ETHRally
Recently, Ethereum (ETH) has witnessed a notable 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, which led to a strong buying wave that pushed the price to break through the $4,200 levels .
Additionally, the clarity of regulatory liquidity differences in the U.S. market—especially through legislation like the GENIUS Act—has contributed to the influx of financial institutions into the Ethereum ETF, with record revenues for asset-backed funds reaching about $726 million in a single day .
On the other hand, the Ethereum network has 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 have continued to bolster their ETH holdings, as the value of ETH held by these companies surpassed $13 billion, with prominent names such as BitMine, SharpLink Game, and The Ether Machine .
All these factors—from the liquidation of short positions to institutional flows to the growth in network activity—have been sufficient to push Ethereum to price levels not seen since December 2021, with some expectations of it reaching above $4,300   .
