Ethereum’s Bull Run Accelerates: Understanding the #ETHRally

Ethereum is surging back into the spotlight with renewed strength, and the #ETHRally is capturing global attention. ETH’s price has climbed past $4,600, just 5% shy of its all-time high of $4,867, driven by several powerful tailwinds. Inflows into spot ETH ETFs have been explosive—roughly $2.3 billion in six days, including a record $1 billion in one day. Treasury-focused firms like BitMine and SharpLink are also accumulating massive amounts of ETH, further tightening supply and fueling the rally.

Market experts are bullish, with Standard Chartered upping its year-end ETH target to $7,500, citing strong fundamentals like staking, smart contract dominance, and stablecoin utility.

Retail sentiment is surprisingly muted, according to on-chain analytics platform Santiment, even as whales absorb investor skepticism—a potential sign of continued upside.

With soaring transaction volume, growing institutional demand, and bullish forecasts, the #ETHRally may just be getting started. Could we be witnessing the start of a new golden era for Ethereum?