#ETHRally
Key Driving Factors for the ETH Rally:
1. Huge inflows into ETH-linked ETF funds
ETF funds have seen record purchases exceeding one billion dollars in a single day, the highest value since the launch of these funds ﹙﹚.
2. Increased staking amounts and institutional use of the currency
Companies like BitMine and Sharplink continue to add ETH to their treasuries, reflecting a scenario of increasing adoption from the institutional sector ﹙﹚.
3. Pectra technology upgrade to enhance performance and scalability
This upgrade is considered the largest since 2022, improving user experience and accelerating network operations, which has increased investment confidence ﹙﹚.
4. Signs of Ethereum dominance in the similar currencies market (Altseason)
Analysts expect other currencies to follow Ethereum's rise, leading to a broad market recovery ﹙﹚.
5. Strong bullish price forecasts
Some analysts believe that ETH could reach levels between $5,000 and $8,000 by the end of 2025, and even $10,000 under certain scenarios ﹙﹚.
6. Relatively superior performance compared to Bitcoin during certain periods
Ethereum outperforms Bitcoin in metrics such as the ETH/BTC ratio and interest in derivatives ﹙﹚.