#ETHRally Ethereum demonstrates impressive growth, trading above $4,700, approaching new all-time highs.
Main driver:
Massive institutional inflows — over $1 billion in a single day directed into Ethereum ETFs led by BlackRock and Fidelity.
Regulatory clarity: the passage of the GENIUS Act strengthens Ethereum's role in the stablecoin system and in the Web3 financial infrastructure.
Increased network activity: a record number of transactions and addresses highlight the growing demand and adoption of ETH.
Short-term trend:
The reasons for growth are clear: institutions are shifting to ETH, and this wave is only gaining momentum.
Technically — strong support, likely path to $6,000 and above.