#ETHRally

The price of Ethereum has approached its all-time high, reaching $4,678, just 7% below the 2021 record ($4,891). The increase is driven by a record inflow of $1.02 billion into spot ETFs in a single day and the accumulation of ETH by public companies (reserves exceeded $10 billion). Institutional demand has strengthened following the launch of ETFs with staking functionality, and the reduction of ETH supply on exchanges has supported the price.

Technical upgrades, including the scaling of L2 solutions, have reduced fees by 40%, stimulating activity in DeFi (TVL over $120 billion). Analysts forecast movement towards $6,000–$8,500 if BTC reaches $150,000. However, correction risks remain due to overbought conditions and high volatility.