#ETHRally
Ethereum’s price is rising quickly, and many people are excited about where it’s heading. After news of spot ETH ETFs being approved, traders helped push the price close to $4,000. On May 27 alone, Ethereum went up by 3.5%. Fewer ETH coins are now available on exchanges, which means people are holding onto them, expecting the price to go even higher.
But it’s not just the price that’s growing—Ethereum’s whole network is getting stronger. Big companies are starting to use Ethereum for financial tools, and billions of dollars are locked in DeFi apps built on it. People are also using ETH as collateral and wrapping Bitcoin into Ethereum’s system. With less supply and more demand, Ethereum might be ready for a big move that could change the future of crypto.