#ETHRally

#ETHRally

What is meant by "Ethereum rally" (ETH price tsunami)

1. Strong price increase

• The price of Ether has increased by 54% over the last month, outperforming Bitcoin, which rose by only about 10%.

• Ether has surpassed the $4000 mark, amid a broad upward wave in the cryptocurrency market.

• The price reached over $4300, its highest level since December 2021.

• Recently, it reached levels of $4400 after technical indicators highlighted a positive psychological shift in the market.

2. Strong supporting factors

• Huge inflows from exchange-traded funds (ETFs); weekly inflows exceeded one billion dollars, driven strongly by funds like iShares, which are listed as one of the main drivers behind the buying momentum.

• Increased trading activity and transactions on the network—average daily transactions exceeded 1.74 million for the first time, as staking activities and regulatory clarity (such as SEC support for liquid staking models) enhanced confidence.

• Crypto treasury companies like BitMine Immersion, SharpLink Gaming, and The Ether Machine are increasingly playing a role in the market by building massive ETH portfolios and solidifying long-term demand for the assets.