#ETHRally #ETHRally

What is meant by 'Ethereum rally' (ETH price tsunami)

1. Strong price increase

• Ether's price increased by 54% over the last month, outperforming Bitcoin, which rose by only about 10%.

• Ether surpassed the $4000 mark, as part of a broad upward wave in the cryptocurrency market.

• The price reached over $4300, the highest level since December 2021.

• Recently reached levels of $4400 after technical indicators highlighted a positive psychological shift in the market.

2. Strong supportive factors

• Massive inflows from exchange-traded funds (ETFs); weekly inflows exceeded $1 billion, strongly driven by funds like iShares, which are listed as one of the main drivers behind the buying momentum.

• Increased trading activity and transactions on the network—the average daily transaction count exceeded 1.74 million transactions for the first time, as staking activities and regulatory clarity (such as SEC support for liquid staking models) enhanced confidence.

• Crypto treasury companies like BitMine Immersion, SharpLink Gaming, and The Ether Machine are increasingly playing a role in the market by building massive ETH wallets and establishing long-term demand for the assets.