#ETHRally Ethereum continues to dominate the stablecoin market, with around 55% of all stablecoin liquidity residing on its blockchain. In the past 24 hours, it has attracted eight times more inflows than any other chain.

Such stablecoin movements often precede purchases of more volatile assets, including ETH itself.

Crypto analyst Miles Deutscher notes that Ethereum captured $335 million more inflows than its closest competitor. As the hub for digital dollar transactions, DeFi lending, and most decentralized applications (dApps), Ethereum’s token demand enjoys a solid liquidity base as long as this dominance holds.

Bottom line: With booming ETF demand, Ethereum futures trading, corporate adoption, and stablecoin market control, Ethereum’s bullish momentum looks well-supported. ETH is currently trading around $4,445, up 20% in August and 49% in July. While the rally appears more like a milestone than a peak, the crypto market’s unpredictability means caution is still warranted.Ethereum Breaks $4,400 for the First Time Since 2021 as ETFs, Corporate Adoption, and Stablecoin Dominance Drive Surge

Ethereum (ETH) has climbed above $4,400 for the first time since December 2021, putting the world’s second-largest cryptocurrency back within striking distance of its all-time highs.

The rally is being fueled by three major forces: record inflows into ETH ETFs, corporate treasury adoption, and Ethereum’s dominance in stablecoin liquidity.#BTC