Ethereum is stealing the spotlight in the crypto market right now — up 41% this month and 14% in just the past week. Institutional interest, ETF inflows, and strong on-chain activity are fueling momentum, pushing ETH closer to the $4,700 zone.
🔹 Drivers of the rally:
Institutional adoption: ETH ETFs gaining traction alongside BTC products.
On-chain growth: DeFi and staking activity hitting multi-month highs.
Macro boost: Anticipated Fed rate cuts adding bullish fuel.
📈 Outlook:
Analysts see room for ETH to retest $5,000+ in the short term, with Fundstrat projecting a potential $10K ETH by year-end if momentum holds.
💡 Pro Tip: Watch ETH/BTC pair — altcoin season signals strengthen when Ethereum gains against Bitcoin.