The #ETHRally is heating up! 🔥 Ethereum has been on a tear, with its price soaring to new multi-year highs and consistently outperforming the broader crypto market. The momentum is being fueled by several key factors. Institutional interest is surging, evidenced by massive net inflows into spot Ethereum ETFs, which are creating a solid long-term support base.
On the technological front, recent upgrades like Dencun and the upcoming Pectra are enhancing network scalability and efficiency, making Ethereum a more attractive platform for developers and users. This is driving a renewed wave of activity in decentralized finance (DeFi) and the tokenization of real-world assets.
With a staggering 97% of ETH addresses now in profit, market sentiment is strongly bullish, and many analysts are setting their sights on a new all-time high and a potential run toward $7,000 in the coming months. While short-term volatility is always a possibility, the long-term outlook for Ethereum remains incredibly strong. The future of decentralized finance is here, and it's being built on Ethereum. #ETH #Ethereum #DEFİ